You can earn a $ 500 or $ 1,000 cash bonus when you fund a new or existing Citi Personal Wealth Management Investment Account with a minimum of $ 200,000 and enroll in e-Delivery, valid through April 30, 2016.
Citi Personal Wealth Management provides an investment platform with personalized guidance from financial advisors to help you reach your long-term goals.
You can visit a Citibank branch near you or call National Investor Center at 1-866-775-0467 to speak with a Citi Personal Wealth Management Financial Advisor and discuss qualifying for this deal.
Citi Personal Wealth Management Cash Bonus Offer
This Promotional Offer is valid for clients who are 18 years or older who fund a new or existing individual or joint Citi Personal Wealth Management account between January 1, 2016, and April 30, 2016.
New Funding = Cash Bonus
- $ 200,000 – $ 999,999.99 in Funding = $ 500 Cash Bonus.
- $ 1,000,000+ in Funding = $ 1,000 Cash Bonus.
To qualify to earn a cash bonus reward, accounts must be funded in cash or securities and the account enrolled in e-Delivery of statements within 2 months of account opening (for new accounts) or promotion enrollment (for existing accounts).
The entire amount of cash or securities to fund the account must be new and cannot be combined with existing balances or securities.
The cash bonus will be credited to the Citi Personal Wealth Management account within 2 months of the end of the month when the program requirements are fulfilled for customers who were enrolled in the promotion and have met the qualifying requirements stated in the offer.
Account Opening = Funding Deadline (and e-Delivery Enrollment) = Cash Bonus Credited
- Open or Enroll by January 2016 = Fund by March 31, 2016 = Bonus Credited by June 1, 2016.
- Open or Enroll by February 2016 = Fund by April 30, 2016 = Bonus Credited by July 1, 2016.
- Open or Enroll by March 2016 = Fund by May 31, 2016 = Bonus Credited by August 1, 2016.
- Open or Enroll by April 2016 = Fund by June 30, 2016 = Bonus Credited by September 1, 2016.
Cash or securities must come from an external, non-Citi source through a standard transfer method (e.g., a standard Transfer of Assets form, check, electronic funds transfer, ADM deposit).
Foreign wires do not qualify as funds received.
The total funding for purposes of determining the bonus level funding considered for the promotion is defined as the total amount of eligible cash or securities received in the account minus withdrawals and transfers of securities out of the account as of the deadline to fund the account based on the month of account opening.
Distributions, interest and dividends from investments will not be counted.
Market fluctuation will not impact eligibility for a particular bonus level.
The amount of the cash bonus reward is based on the funding received during the promotional period.
There is a limit of 1 offer per account per customer per household.
If multiple accounts are opened or funded by a customer, the offer will apply to the eligible account with the highest balance.
Multiple account balances in the name of the same beneficial owner will not be aggregated for purposes of this offer and cannot be combined with any other offer.
For purposes of this offer only, the primary owner of a joint account will be considered the customer.
Account must be open and in good standing at the time the bonus is credited to receive the bonus.
The promotion is only available for certain account types including individual and joint accounts.
Accounts not eligible for this promotion include but are not limited to: corporate and other business/entity accounts, trust accounts, retirement plan accounts other than IRAs and SEPs (e.g., 401(k), money purchase pension plan), estate accounts, UGMA/UTMA Accounts, 529 college savings plan accounts, insurance products (including annuities).
This offer is limited to customers who have a valid U.S. taxpayer identification number.
The bonus will be deposited into your IRA account and treated as earnings on that account.
The income tax consequences of such amount will be the same as other earnings in your account.
As you take distributions from your IRA account, the distribution amounts will be reported to you on Form 1099-R.
Important Tax Information for Non-Retirement Accounts
The value of this reward will constitute taxable income.
Citi Personal Wealth Management will issue an Internal Revenue Service Form 1099-MISC to you if the aggregate amount of miscellaneous income received by you from Citigroup Global Markets Inc. equals or exceeds $ 600 during the calendar year.
This offer is limited to customers who are either citizens or resident aliens of the United States (U.S.) with a valid U.S. taxpayer identification number.
Review this Citi Checking Relationship Promotion as well for more bonus cash from Citibank.