Citibank checking account bonus: Citibank is again offering American Airlines miles as an incentive for opening a checking account and taking various account actions.
The offer is valid through September 30, and you then have 60 days from account opening to take required additional steps of debit transactions and a billpay in two calendar months.
You can apply on-line, in branch, or over the phone at 866-810-9043 using promotion code DR5MG904XE.
I tend to think 15,000 miles is the sweet spot with this offer since Citibank has sent out 1099 tax reporting forms on mileage offers for banking products where the value is greater than $600, as the 30,000 mile offer is likely deemed to be.
I still like the 22,000 point BankDirect signup offer better. BankDirect also offers miles for average balances on an ongoing basis, and doesn’t 1099 the miles, although there’s a $12 per month account fee that cannot be avoided with a high average balance and they’ve capped monthly mileage-earning.
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