Citizens Bank $400 Checking Bonus

Citizens Bank is offering a $400 bonus for opening up a checking account! This is one of the easier bank bonuses you can take advantage of from a major bank. See below for details!

Ninja Update 10/5/21: The $400 deal is extended again through October 28.

Citizens Bank $400 Checking Bonus Overview

Citizens Bank is offering a bonus of up to $400 when you open a new checking account with them.

There’s also a different Citizens Bank promotion where you can get up to $600 by opening both a checking account AND a savings account. That deal requires you to have $15,000 available to transfer though, so this $400 one is easier for most.

Citizens Bank $400 checking bonus splash image

Where Do I Enroll?

Direct Link

You can apply online directly through the link above.

Who Qualifies For The Bonus?

You must live in one of the following states:

  • Connecticut (CT)
  • Delaware (DE)
  • Massachusetts (MA)
  • Michigan (MI)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New York (NY)
  • Ohio (OH)
  • Pennsylvania (PA)
  • Rhode Island (RI)
  • Vermont (VT)

Along with residing in one of those states, you can’t be a current customer or had a Citizens Bank personal checking or savings account in the last 6 months.


What Are The Details?

Availability: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT
Expiration: 11/26/20 9/2/21
Household Limit: None (everyone in your family can get the bonus!)
Direct Deposit Required: Yes, $500 or more (see what counts as a direct deposit)
Early Account Termination Fee: None

$400 Bonus Breakdown

Citizens Bank $400 bonus breakdown

The $400 bonus is broken up as follows:

  • $300 Bonus: Receive a bonus of $300 when you open a Citizens Bank checking account and make a direct deposit of $500 or more within 60 days of account opening
  • $100 Bonus: Earn $2 for every debit card purchase you make, up to $100 within the first 60 days of account opening

The bonus will be posted within 30 days of meeting the requirements. On your bank statement, the bonus shows up as a credit memo coded as ‘Balbldr Bonus‘:

Citizens Bank $600 bonus on statement

Avoiding Fees

The checking accounts have a monthly fee between $0 and $25 that can be waived if you meet the requirements:

Citizens Bank Student Checking:

  • No monthly fee as long as you’re under 25 years old

Citizens Bank One Deposit Checking:

  • $9.99 monthly fee waived if you make one deposit of ANY amount each during monthly statement period

Citizens Bank Platinum Checking:

  • $25 monthly fee waived if you have combined monthly balances (in all deposit and investment accounts) of $25,000 or more

Citizens Bank Platinum Plus Checking:

  • $25 monthly fee waived if you have combined monthly balances (in all deposit and investment accounts) of $25,000 or more AND
  • Make a deposit of at least $5,000 in your primary checking account each statement period OR maintain an average daily checking balance of $10,000 or more
Citizens Bank checking accounts comparison

Terms & Conditions

  • To earn a $300 bonus: Open your first new personal checking account and have at least one single direct deposit of $500 or more post to your new checking account within 60 days of account opening.
  • To earn up to $100: Get paid $2 per qualified debit transaction (up to $100) that post and clear your new checking account within 60 days of account opening.
  • Primary signer on the new checking account may not be or have been a signer on any Citizens Bank personal checking account within the previous six months.
  • The new account must be open and in good standing on the payout date stated in the table below to qualify for this offer.
  • Direct Deposit is recurring income electronically deposited into your Citizens Bank checking account and may include salary, pension, and other regular income.
  • Qualified debit card transactions include signature and PIN-based debit transactions in person directly at a merchant location or in app or online merchant sites.
  • Only one debit card per checking account eligible for bonus.
  • Online Bill Payments, Zelle transactions and ATM transactions do not qualify.
  • Customer must open their first new checking account via Citizens Bank’s online account opening system accessed by clicking on one of the links on this page.
  • Customer should print this screen for their records.
  • Customer will only be paid a one-time bonus for this program.
  • Offers may be withdrawn without notice and cannot be combined with any other checking offer.
  • Payout: Bonus will be deposited to the new checking account by the date stated in the table below and will be labeled as “Balance Builder Bonus”.
  • Bonus will be reported to the IRS for income tax purposes.

The Bottom Line

This is Citizen Bank’s highest bonus offer for opening a single checking account.

If you’re opening it for the bank bonus only, the easiest checking account to open would be the Student Checking provided that you’re under 25. Otherwise, the One Deposit Checking would be best.

I’ve done this for 4 years now, and between 4 family members, this is an easy $2,400 in free money every year!

11 thoughts on “Citizens Bank $400 Checking Bonus”

  1. So for a “push” transaction to count as a DD for this bonus, it sounds like all I need to do is go to my Chase account and link the new Citizen account… And then simply request a funds transfer to go from my Chase into the Citizen??

  2. Can someone clarify the debit card purchase criteria? So you must provide both the PIN and a signature?

    What about when you go to a bar/restaurant and they run your card without a PIN, but you still provide a signature?

  3. I’m wondering if anybody knows of an easy way of making the 50 debit transactions for the extra $100 bonus.

    The small print says transactions need a signature and point pin to count but I wonder if anybody has tried Venmo, cash app, PayPal or other online shopping platforms.

    Any tips would be greatly appreciated, thank you.

  4. Hi. I opened a citizens bank account and wanted to get the $300 bonus. I thought the initial deposit counted as an ACH but I dont think it does. So I want to use venmo.

    The thing is I’m not exactly how to use venmo to trigger the bonus in the account (I dont use venmo at all). I have a capital one 360 account. Can I link both banks onto venmo, transfer money from 360 into venmo, and then send it to citizens? Or does the money have to be transferred into citizens FROM capital one 360 directly (through venmo)?

    Also can I just transfer money from my capital one 360 account to an “external account” and that will trigger? What about if I use bill pay to transfer the money?

    Please help! Appreciate your help in advance.

    • Which bank did you use to send the initial deposit to your new Citizens account? Was it a “push” transfer and not a “pull” I’m asking because you may have already sent it correctly and it just takes time for the bonus to show up.

      And yes, both Capital One 360 and Venmo work for triggering the bonus. You can log on to your Capital One account and initiate a transfer to an external account (Citizens) and it will work. Same thing with Venmo. You can log on to your Venmo account and send a transfer to Citizens.

  5. My boyfriend and I are new to this whole “bonus” thing. He just opened the Citizens bank checking and savings accounts and is eligible for the $300 checking bonus. His new job also does not offer direct deposit until 90 days working there otherwise, I wouldn’t be on here googling how to trigger a direct deposit of $500 or more into his new citizens checking account within the next 60 days. I called and the representative said it needed to be considered as “pay wages” or something to that extent. I read your list on what triggers the citizens direct deposits, however I am still sooo confused about what ACH or Ally Bank, or Capital One 360 or Venmo transfers mean? Does it mean I have to make a push transfer (I did understand push vs pull transfers) of $500 or more from an account that we already have set up through one of those listed under the citizens bank? Or can I send him $500 from my Venmo account to his Venmo account and then he transfers it into his citizens account? Will that qualify!? PLEASE HELP!!!! Thanks!!!

    • Hi Jackii,

      Citizens Bank may say it needs to be “pay wages”, but we’ve found electronic transfers at other specific banks trigger the bonus.

      So the banks or financial apps you’ve mentioned (Ally Bank, Capital One 360, Venmo) will trigger the bonus as long as the transfer is made when you’re logging onto the Venmo app and requesting the money to be sent to Citizens. This is considered a “push transfer” – you’re “pushing” money from another bank to Citizens.

      A “pull transfer” is when you’re logged into Citizens and “pulling” money from another account.

      You should always push and not pull. Hope that makes sense.


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