FlyerTalk Forums - View Single Post - Up to 50,000 TYPs for new Citibank Checking Account.
Thread: Up to 50,000 TYPs for new Citibank Checking Account.
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Old Dec 11, 2011, 1:33 am
  #4  
drbobguy
 
Join Date: May 2011
Posts: 668
Originally Posted by sun_aa
Citi will send a 1099. Citigold has $30/month fees. So you aren't really getting the full value of 50k TYP. OTOH, no credit hits/approvals to worry about. I think you need to wait one month after you have closed your accounts to be eligible for a bonus again.
++

Might still be valuable to some but it's not so great. Income tax of 10-35% plus monthly fees.
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