Through March 31, Citibank is offering 40,000 Thank You Points for:
- Opening a checking account with a minimum of $1000 and then making one direct deposit ot two bill pays each month for three months, and
- Depositing $25,000 into a savings account.
The 40,000 Thank You Points will be deposited within 4 months of meeting the offer requirements.
Normally I’d be reluctant to recommend tying up $25,000 in a savings account currently paying ~3%. But that’s a far sight better return than I’ve gotten in equities so far this year…
And leveraged with the fixed point redemption chart, the 40,000 Thank You Points represent an additional $800 – $1200 retun in about seven months on top of that 3%.