Update 6/30/24: Extended through 9/30/24
Update 5/9/24: Extended through 6/30.
Update 10/25/23: Extended through 3/31/24
The Offer
- Citi is offering a bonus of up to $500 when you fund a new or existing Citi Self Invest Account by 4/30/22. Bonus you receive depends on how much you deposit:
- Deposit $10,000 – $49,999: Get $100 bonus
- Deposit $50,000 – $199,999: Get $200 bonus
- Deposit $200,000+: Get $500 bonus
The Fine Print
- Fund a new or existing Citi Self Invest Account between 11/1/21 – 4/30/22.
- Fund the Citi Self Invest Account with a minimum of $10,000 in New-To-Citi funds within the
- Account Funding Period shown below (see below for definition of “New-To-Citi funds”).
- Maintain the New-To Citi funds in your Citi Self Invest account through the Maintain Funds deadline shown below based on month of account opening.
- During the account opening process, allow for eDelivery of statements and confirmations.
Our Verdict
Citi launched Self Invest earlier this year, I think this is the first bonus we’ve seen on this new account. The up to $3,500 Citi Wealth Management bonus is supposed to work on self directed accounts as well, but this new account is slightly different from my understanding. Probably not worth the hassle for only $500, but might be worth it for some people.
Post History:
- Update 7/3/23: Extended through 9.30.23
- Update 5/17/23: extended 6/30
- Update 7/16/22: Deal is back and valid until 10/31/22.
- Update 11/25/21: Looks like this is actually a public bonus. If you click the direct link it says ‘Learn how you can earn a cash bonus when you open a Citi Self Invest account’, click that and then it shows details of this promotion. Hat tip to Terp.
4/19/24 – opened (No Chex inquiry)
4/19/24 – $100 new account funding
*Account must be funded by 5/31/24.
5/29/24 – $10000 pull from Discover bank
5/30/24 – Discover funds show in account.
*Maintain funds through 6/30/24.
7/1/24 – $10000 push to Discover bank (leaving $100 balance).
*No Fees
*Bonus to post by 9/30/24.
9/27/24 – $100 Bonus posted to account.
Extended through 9/30/24
Why do this? $50K only gives $200 bonus. I get $500 with CPWM (and holding period is also 30 days)
I agree. Any 5% APY account will get you $200+ per month. Maybe there’s more to this than we’re aware of?
What is CPWM offer ?
Do you have a link?
Looking to open a zero brokerage investment platfprm that also reimburses Acat to be charged by Ally Invest. It’s urgent as I have to do this to comply with employers policy.
$95 ACAT out fee, for the day you plan to move your funds elsewhere
for partial transfer too?
Language changed on New offer through 6/30. Time line now starts “date of initial funding” not “month of account opening”
I received this offer on 4/24/24: Thank you for being a loyal cardmember, Guy. Earn up to $500 with Citi Self Invest – activities required.
To earn the bonus:
Has anyone doubled up on both the CWPM and Citi Self Invest? Might not be worth the hassle, but an extra $100 for storing $10k for a few months isn’t nothing.
Were you able to find the answer to this?
Nope.
Am I missing something? It seems like it’s actually just a 30 day holding period. If you open the account and fund the minimum, you have until the end of the next month to fund it, and then you have to hold the funds until the end of the month after that. 35 days to be on the safe side, but still not 60 days like I’ve seen other comments say.
That is what it looks like but I want someone who has done this to confirm.
Also want to know if it is easy to buy and sell no load money market mutual funds myself (via online interface) or do I have to call to place an order?
Does new funding include securities transferred via ACAT or is it just cash? Any data points on this?
Someone who opened an account with them, could you please check if they provide access to their Citi research reports for individual stocks? Thanks in advance!