topic Re: Citi High Yield Savings Offer in Personal Finance

Citi High Yield Savings Offer

Fico82 — Thu, 03 Nov 2022 18:01:23 GMT

Hey Fico Fam ! ,

So wanted to get your guys opinion on citi . I have there Custom and Double Cards without any issue but not sure on the feedback for the savings account. I got a targeted email offer that im thinking of taking advantage of since for the past 2.5 years or so I've had my savings with my personal credit union not paying out anything. In the past I've dealt with discover and amex between 2016-2019 with no issues but when rates tanked i pulled out. Trying to see if the signup bonus be worth dealing with and trying to get back into a higher return then what i have now. After some research showing they could be a nightmare. Aiming at the 150 SUB. Thanks in advance .

Re: Citi High Yield Savings Offer

AndySoCal — Fri, 04 Nov 2022 01:01:38 GMT

@Fico82 Here is another offer for your consideration

https://www.gobankingrates.com/banking/banks/discover-savings-bonus-promotion/

Re: Citi High Yield Savings Offer

Fico82 — Fri, 04 Nov 2022 01:52:00 GMT

@AndySoCal wrote:
@Fico82 Here is another offer for your consideration

https://www.gobankingrates.com/banking/banks/discover-savings-bonus-promotion/

Hey andy thanks ! I did look into discover but i dont think i would qualify as a new customer being that i had there savings in the past unless they got a time period that would re qualify you?

Re: Citi High Yield Savings Offer

AndySoCal — Sat, 05 Nov 2022 01:05:03 GMT

@Fico82 Just did a little research this from forbes on te offer

You Must Be a New Customer

This Discover bonus is for new savings account customers only. You will not qualify if you have a prior or existing Discover savings account.

There is no bonus to open this one but the interest rate in the long run is better

https://www.capitalone.com/bank/savings-accounts/online-performance-savings-account/?utm_source=ratetables_affiliates&utm_medium=affiliate&utm_term=deposit_accounts&utm_content=06168_RT001545&utm_campaign=bank_prospecting_360performancesavings_q1fy22_315&dclid=CO-ljY3slfsCFabDZAod-T8GwA

Re: Citi High Yield Savings Offer

SouthJamaica — Sat, 05 Nov 2022 13:00:13 GMT

@Fico82 wrote:
Hey Fico Fam ! ,

So wanted to get your guys opinion on citi . I have there Custom and Double Cards without any issue but not sure on the feedback for the savings account. I got a targeted email offer that im thinking of taking advantage of since for the past 2.5 years or so I've had my savings with my personal credit union not paying out anything. In the past I've dealt with discover and amex between 2016-2019 with no issues but when rates tanked i pulled out. Trying to see if the signup bonus be worth dealing with and trying to get back into a higher return then what i have now. After some research showing they could be a nightmare. Aiming at the 150 SUB. Thanks in advance .

You can do better elsewhere.

If I were you I would deposit it with PenFed premium online savings account or Alliant Credit Union regular savings account.

Re: Citi High Yield Savings Offer

AndySoCal — Sat, 05 Nov 2022 21:27:16 GMT

@SouthJamaica

Pen Fed Premium Online savings account is yielding 1.70% per Pen Fed web site. Alliant credit union is paying 2.35% on High rate and supplemental savings per their web site. Not sure how this is better. Am I missing something?

Re: Citi High Yield Savings Offer

SouthJamaica — Sun, 06 Nov 2022 01:05:01 GMT

@AndySoCal wrote:
@SouthJamaica
Pen Fed Premium Online savings account is yielding 1.70% per Pen Fed web site. Alliant credit union is paying 2.35% on High rate and supplemental savings per their web site. Not sure how this is better. Am I missing something?

No minimum. No maximum. Consistency. They are always striving to be at or near the top in savings interest rate.

If Alliant is that much higher than PenFed, then I would go with Alliant.

Re: Citi High Yield Savings Offer

AndySoCal — Mon, 07 Nov 2022 19:43:11 GMT

@SouthJamaica

Discover bank is pay 2.75 No minimum High Yield savings acount and Capital One is paying 3.00% . hence the reason ofr my question in the prevous post.

Re: Citi High Yield Savings Offer

Anonymalous — Mon, 07 Nov 2022 19:55:49 GMT

@AndySoCal wrote:

There is no bonus to open this one but the interest rate in the long run is better

https://www.capitalone.com/bank/savings-accounts/online-performance-savings-account/?utm_source=ratetables_affiliates&utm_medium=affiliate&utm_term=deposit_accounts&utm_content=06168_RT001545&utm_campaign=bank_prospecting_360performancesavings_q1fy22_315&dclid=CO-ljY3slfsCFabDZAod-T8GwA

Use the code fall22.

https://www.capitalone.com/bank/fall22/

($10K = $100, $50K = $500, $100K = $1,000)