Apr 14, 2016, 7:52 am
Last edit by: garykung
CitiGold is Citi's premium banking relationship. To remain a Citigold client, maintain a minimum combined average monthly balance of $200,000 in eligible linked deposit, retirement and investment accounts. There is no monthly service fee for accounts in The Citigold Account Package.
Be aware that Citi Wealth Management will not allow any trading of non traditional stocks and ETFs. No leveraged ETFs, no inverse ETFs. Its brokerage service is similar to Chase YouInvest. It is just basic investment service.
1. Click HERE to read a separate thread discussing expiration of ThankYou Points when closing a Citigold account.
2. Citi has introduced Citi Priority with a minimum combined balance of $50K as of November 6, 2016. Those who were no longer qualified under the new Citigold requirement has been downgraded to Citi Priority. Discussion HERE.
Be aware that Citi Wealth Management will not allow any trading of non traditional stocks and ETFs. No leveraged ETFs, no inverse ETFs. Its brokerage service is similar to Chase YouInvest. It is just basic investment service.
1. Click HERE to read a separate thread discussing expiration of ThankYou Points when closing a Citigold account.
2. Citi has introduced Citi Priority with a minimum combined balance of $50K as of November 6, 2016. Those who were no longer qualified under the new Citigold requirement has been downgraded to Citi Priority. Discussion HERE.
Benefits of a Citigold account? [consolidated]
Nov 7, 2016, 12:45 pm
#721
Join Date: Sep 2015
Location: BOS
Programs: Hyatt Glob/UA Gold
Posts: 614
Nov 7, 2016, 1:20 pm
#722
FlyerTalk Evangelist
Join Date: Nov 2004
Location: ORD
Programs: UA 1K
Posts: 16,901
Nov 7, 2016, 5:37 pm
#723
Join Date: Jan 2006
Location: FAT
Programs: AA mm, Hilton Dime, Hyatt Xpl.& PC Plat, Miracle Fruit-su club
Posts: 1,694
I downgraded from Citigold last May after bonus paid, and pulled out most cash ($5000 left in). AF for Prestige hit Oct. 24 still at $350, (good timing!)my banner is completely gone today.
Nov 7, 2016, 8:52 pm
#725
Join Date: Jan 2014
Location: LAX/SFO/OAK
Posts: 218
There's always been a 90 day (3 billing cycle) grace period for Citigold funding before the monthly fee kicked in. It'll be interesting to see what happens for you at the 90 day mark since Citigold no longer has a monthly fee. I think you'll be automatically downgraded then since Citigold upgrades (for Citi Priority accounts) are automatic now too (no request needed).
Last edited by WhatWhatTech; Nov 8, 2016 at 1:59 am
Nov 8, 2016, 8:17 am
#726
Join Date: Jul 2011
Location: Asia Pac
Programs: AA UA DL AS CXDM JL NH Hilton Hyatt Marriott SPG IHG
Posts: 545
Same here, converted my account to Citigold in September. Now still shows Citigold with balance $36k.
I do have a question regarding the monthly maintenance fee. It was said in the new Citigold requirement that they would no longer collect the fee after the conversion. Then would I be charge any fee going forward being a Citigold with balance lower than $50k?
Nov 8, 2016, 1:50 pm
#727
Join Date: Jan 2014
Location: LAX/SFO/OAK
Posts: 218
Same here, converted my account to Citigold in September. Now still shows Citigold with balance $36k.
I do have a question regarding the monthly maintenance fee. It was said in the new Citigold requirement that they would no longer collect the fee after the conversion. Then would I be charge any fee going forward being a Citigold with balance lower than $50k?
I do have a question regarding the monthly maintenance fee. It was said in the new Citigold requirement that they would no longer collect the fee after the conversion. Then would I be charge any fee going forward being a Citigold with balance lower than $50k?
Nov 8, 2016, 2:00 pm
#728
Join Date: Jul 2016
Posts: 292
There's always been a 90 day (3 billing cycle) grace period for Citigold funding before the monthly fee kicked in. It'll be interesting to see what happens for you at the 90 day mark since Citigold no longer has a monthly fee. I think you'll be automatically downgraded then since Citigold upgrades (for Citi Priority accounts) are automatic now too (no request needed).
Nov 8, 2016, 2:03 pm
#729
Join Date: Jul 2016
Posts: 292
Same here, converted my account to Citigold in September. Now still shows Citigold with balance $36k.
I do have a question regarding the monthly maintenance fee. It was said in the new Citigold requirement that they would no longer collect the fee after the conversion. Then would I be charge any fee going forward being a Citigold with balance lower than $50k?
I do have a question regarding the monthly maintenance fee. It was said in the new Citigold requirement that they would no longer collect the fee after the conversion. Then would I be charge any fee going forward being a Citigold with balance lower than $50k?
I have to keep my account opened at least 120 days to get the $600 bonus. The offers terms only require me to keep $50k for the first 30 days, which I have already met. If there is still no monthly fee even with less than $50k, I may withdraw some.
Nov 8, 2016, 2:04 pm
#730
Join Date: Jul 2016
Posts: 292
I think you'll be downgraded to Citi Priority (with a fee) or to a lower account in December since Citigold accounts have a 90 day no fee grace period that's meant to give you time to fund your account. So you're still within the grace period right now. New account holders don't have grace periods since Citigold is now only available as an upgrade for people who already meet the requirements.
Nov 9, 2016, 9:13 pm
#731
A FlyerTalk Posting Legend
Join Date: Feb 2000
Location: Cambridge
Posts: 63,627
I signed up back when CitiGold was $50k some years ago. My account got shifted to Priority on the 7th as well even though I transferred in a rollover IRA which took me over $200k. The phone rep explained they used a 3-month average and because the IRA transfer didn't complete until Aug 10th... it didn't count.
After I politely/firmly told him to escalate the ticket expressing my unhappiness, I also sent a couple of messages via the web site.
Citi reset my account back to Gold as of Nov 9th.
After I politely/firmly told him to escalate the ticket expressing my unhappiness, I also sent a couple of messages via the web site.
Citi reset my account back to Gold as of Nov 9th.
Nov 13, 2016, 3:20 pm
#732
Join Date: Aug 2008
Posts: 385
Does Citi 1099 for $400 cash bonus?
The offer for $400 opening bonus expires on 11/15/16. You can either open Citigold package or Citi Account package which only requires 15K deposit. And my question is ..... will they issue 1099 for the bonus? In the past there was a $600 threshold I believe (and I did get a 1099 once when I used 40K Thank You points, plus I got a $250 referral bonus for referring someone else to open an account -- so the total exceeded $600.
Nov 13, 2016, 5:32 pm
#733
Join Date: Jun 2013
Location: SJC/SFO
Posts: 373
The offer for $400 opening bonus expires on 11/15/16. You can either open Citigold package or Citi Account package which only requires 15K deposit. And my question is ..... will they issue 1099 for the bonus? In the past there was a $600 threshold I believe (and I did get a 1099 once when I used 40K Thank You points, plus I got a $250 referral bonus for referring someone else to open an account -- so the total exceeded $600.
Feb 26, 2017, 8:18 am
#734
Join Date: Jan 2012
Programs: united 1k
Posts: 186
my citi gold has not been downgraded automatcially (automatrially , right?) yet. but since this week when I login , there's one line of word showing in the webpage , saying "To avoid a change in your Citigold package please increase your combined average monthly balance to at least $200,000."
anyone knows why? thanks
anyone knows why? thanks
Mar 18, 2017, 7:19 am
#735
Join Date: Dec 2004
Location: Apex, NC
Programs: AA EXP, Delta DM, Bonvoy Titanium, Honors Diamond, Hertz Presidents Club, National Exec something!
Posts: 103
Credit cards
Hey all, anyone know if Citi is still offering 'special' credit card deals for Citigold folks? Like in-branch? If so which ones?