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Citi Gold changes

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Kenro
Regular Contributor

Citi Gold changes

Just saw on citi website that as of November 2016, everyone who has less than 200 000 in investments will essentially be kicked out to other banking package.


* Effective November 1, 2016, if you do not maintain a minimum combined average monthly balance of $200,000 in eligible deposits, retirement accounts, and investment balances, your Citigold Account Package will be converted to a different banking package and your accounts will be subject to the terms and conditions then in effect for that package. We will contact you prior to account conversion and send you complete information about the banking package to which your account will be converted.


 

Interesting how I have not heard about this anywhere, they will lose so many costumers but it seems like they dont care.

Message 1 of 4
3 REPLIES 3
Anonymous
Not applicable

Re: Citi Gold changes

Thanks for sharing!!

Message 2 of 4
RonM21
Valued Contributor

Re: Citi Gold changes


@Kenro wrote:

Just saw on citi website that as of November 2016, everyone who has less than 200 000 in investments will essentially be kicked out to other banking package.


* Effective November 1, 2016, if you do not maintain a minimum combined average monthly balance of $200,000 in eligible deposits, retirement accounts, and investment balances, your Citigold Account Package will be converted to a different banking package and your accounts will be subject to the terms and conditions then in effect for that package. We will contact you prior to account conversion and send you complete information about the banking package to which your account will be converted.


 

Interesting how I have not heard about this anywhere, they will lose so many costumers but it seems like they dont care.


Lol, they probably don't. Us little people don't matter too much in their world.



Total CL: $321.7kUTL: 2%AAoA: 7.0yrsBaddies: 0Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

BoA-55k | NFCU-45k | AMEX-42k | DISC-40.6k | PENFED-38.4k | LOWES-35k | ALLIANT-25k | CITI-15.7k | BARCLAYS-15k | CHASE-10k

Message 3 of 4
Anonymous
Not applicable

Re: Citi Gold changes

People these days don't keep all their funds in one place.
I know for us we use Charles Schwab, Vanguard, Betterment and Bank of America. There are so many options out there.
Message 4 of 4
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