Dec 11, 2015, 9:31 am
Last edit by: IAD_flyer
Citi No Longer Allows Funding New Checking Accounts by CC as of 08-Feb-2016. Below information is historic.
1-800-745-1534 TO FUND
Cards that have been reported to NOT WORK
CitiBusiness® / AAdvantage Platinum Select World MasterCard - Will not load and loads as cash
Capital One
Barclay Priceline
Chase
Cards that have been report to WORK
Barclay Aviator
Citi AAdvantage
Citi Thank You Premier
BofA Travel card
BofA Alaska
1-800-745-1534 TO FUND
Cards that have been reported to NOT WORK
CitiBusiness® / AAdvantage Platinum Select World MasterCard - Will not load and loads as cash
Capital One
Barclay Priceline
Chase
Cards that have been report to WORK
Barclay Aviator
Citi AAdvantage
Citi Thank You Premier
BofA Travel card
BofA Alaska
Funding CitiGold (or other) account with credit card?
Feb 9, 2016, 2:40 pm
#782
Join Date: Aug 2003
Location: Seattle, WA. USA
Programs: MR, AA, UA, DL, AVIS and growing
Posts: 1,172
Bummer...i got my Advantage Platinum yesterday. Was going to open the account today.
The CC funding is dead. I can still open the account and fund the account traditional way and get the miles? I read the offer and it does not say anything about minimum funding requirement of a certain amount or such.
The CC funding is dead. I can still open the account and fund the account traditional way and get the miles? I read the offer and it does not say anything about minimum funding requirement of a certain amount or such.
1. Yes, still do traditional CG checking and fund normal method.
2. $50,000 min after 2 months or $30/mo fee
3. NO minimum except you need $1000 in account for debit plus paint fees since you don't like $50k deposit.
Feb 9, 2016, 3:59 pm
#783
Join Date: Oct 2011
Posts: 4,166
Is it possible to ACH the 50k in to avoid the $30 monthly fee and then ACH out the 50k after the 50k triggers the fee waiver? If so, does anyone know the dates to have the 50k be in the account? I'm coming up on my statement in 3 weeks and I suspect I will be charged the monthly fee beginning with that statement.
Feb 9, 2016, 4:38 pm
#785
Join Date: Dec 2014
Posts: 177
Is it possible to ACH the 50k in to avoid the $30 monthly fee and then ACH out the 50k after the 50k triggers the fee waiver? If so, does anyone know the dates to have the 50k be in the account? I'm coming up on my statement in 3 weeks and I suspect I will be charged the monthly fee beginning with that statement.
Feb 9, 2016, 4:41 pm
#786
Join Date: Jun 2015
Posts: 77
You can waive that $50,000 average balance requirement if you have a citibusiness preferred checking account and maintain an average balance of $15,000 in that account. Make sure they link your business account with your citigold account. That way you can have access to a $350 annual fee on the citi prestige and the citi aadvantage executive card instead of $450 each.
Ask me how I know
Ask me how I know
Feb 9, 2016, 5:14 pm
#787
Join Date: Mar 2011
Programs: AA, UA, DL, AS, LH, BA, VS, HHonors, Hyatt, Club Carlson, IHG, Marriott
Posts: 833
No, the Citi Gold package requires you to maintain at least $50K in your balance (or combined balances if you have more than one account) at all times during the month to avoid the monthly fee.
Last edited by MVF Trekker; Feb 9, 2016 at 5:47 pm
Feb 9, 2016, 5:19 pm
#788
Join Date: Mar 2004
Location: Baltimore MD
Posts: 3,457
Feb 9, 2016, 5:44 pm
#790
Join Date: Jun 2015
Posts: 77
Feb 9, 2016, 6:03 pm
#791
Join Date: Mar 2011
Programs: AA, UA, DL, AS, LH, BA, VS, HHonors, Hyatt, Club Carlson, IHG, Marriott
Posts: 833
Feb 9, 2016, 7:35 pm
#792
Join Date: Aug 2003
Location: Seattle, WA. USA
Programs: MR, AA, UA, DL, AVIS and growing
Posts: 1,172
Is it possible to ACH the 50k in to avoid the $30 monthly fee and then ACH out the 50k after the 50k triggers the fee waiver? If so, does anyone know the dates to have the 50k be in the account? I'm coming up on my statement in 3 weeks and I suspect I will be charged the monthly fee beginning with that statement.
1. $50,000 must be deposited within 60 days
2. Points will not post until 90 days after the 60 day period so 150 days!
3. Must complete bill payment, debit requirement within first 60 days
4. $50,000 must be average amount for months 3,4,5 or $30/month fee.
If you were getting 1.05% interest in a internet bank which si common and moved $50K out for 3 months it would be cheaper to just pay $90 fees for not moving $50K into Citi Bank.
Feb 9, 2016, 8:50 pm
#793
Join Date: Apr 2005
Location: DFW
Programs: AA flyer, Hilton, SPG, Hyatt stayer
Posts: 64
Sucks....
Just saw the news on my RSS feed. Opened Citigold on Sunday and faxed in the form for CC funding with my AAdvantage card Monday morning. (Dumb move!) No pending charges on my AA card so I doubt they go to it on Monday.
When we did it for my husband's TYP bonus, he didn't like the idea and only let me fund $4K with a Hawaiian card.
Another one I feel like I totally missed the bus on. :-(
When we did it for my husband's TYP bonus, he didn't like the idea and only let me fund $4K with a Hawaiian card.
Another one I feel like I totally missed the bus on. :-(
Feb 10, 2016, 9:28 am
#794
Join Date: Oct 2011
Posts: 4,166
Feb 10, 2016, 12:51 pm
#795
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,762
Just saw the news on my RSS feed. Opened Citigold on Sunday and faxed in the form for CC funding with my AAdvantage card Monday morning. (Dumb move!) No pending charges on my AA card so I doubt they go to it on Monday.
When we did it for my husband's TYP bonus, he didn't like the idea and only let me fund $4K with a Hawaiian card.
Another one I feel like I totally missed the bus on. :-(
When we did it for my husband's TYP bonus, he didn't like the idea and only let me fund $4K with a Hawaiian card.
Another one I feel like I totally missed the bus on. :-(
It would be suckier if there is such a word - should the cc funding trigger a shut down. just sayin.
Your husband is a wise man!