Most links in our content provide compensation to Slickdeals. Applying for and maintaining consumer credit accounts is an important financial decision, with lasting consequences, and requires thought, planning and comparison shopping for the offer that best suits your personal situation. That's why we offer useful tools to evaluate these offers to meet your personal objectives. Be sure to verify all terms and conditions of any credit card before applying.

Citizens Bank Bonus: Earn $400 for Opening a Checking Account

Earn $300 for a new checking account, up to $100 for qualifying debit card transactions.

Advertiser Disclosure: Most products in our articles are from partners who may provide us with compensation. However, opinions expressed here are author's alone, not those of any bank, credit card issuer, airline or hotel chain. This page may include information about American Express products currently unavailable on Slickdeals. American Express is not a partner of Slickdeals.

Citizens Bank is offering an opportunity at not one, but two bonuses right now. Widely considered among the best bank bonuses, this opportunity can earn you up to $400 by opening a new checking account with Citizens Bank and other requirements. Read on to learn more about what you need to do to earn these bank bonuses, who qualifies for them and what kind of bank accounts you’ll find at Citizens Bank.

Summary: This offer has returned, and is now valid until 1/20/2023.
  • Get $300 when you open a new personal checking account and make a direct deposit of $500 or more within 60 days.
  • Then, earn up to $100 more when you use your newly issued debit card to make purchases. Earn $2 for every qualified transaction within 60 days of opening your account, up to $100 maximum.

>>Bank Bonus Guide: How to Earn $2,000 Per Year in Bank Bonuses

>>Best Chase Bonuses

Quick Links:

Citizens Bank New Checking Account Bonus: $300

Individuals can now earn a $300 bonus for opening a new personal checking account through Citizens Bank. The bank currently has four checking account options, so there is likely one that fits your short or long-term banking needs.

The other requirement to receive the $300 bank bonus is that you make a single direct deposit of $500 or more within 60 days of account opening. The bonus is available to accounts opened between October 6, 2022 and January 20, 2023.

Citizens Bank $100 Bonus

Individuals also have the opportunity to earn up to $100 extra when they use their newly issued debit card. Every qualifying debit card transaction within 60 days earns $2, with the potential to earn up to $100 during the promotional period.

The Fine Print On Citizens Bank’s $400 Bonus Offer

Whether you’re looking for a new bank account or just a fan of deals, you need to know some other important details to earn these bonuses from Citizens Bank.


First, Current Citizens Bank checking and savings account holders aren’t eligible for these bonuses. Unfortunately, it’s for first-time customers only. Accounts are only available for individuals living in one of the 13 states with Citizens Bank branches. Use this bank branch locator to see if they have any locations near you.

Deal seekers should note that you’ll need to keep your account open roughly four months before receiving your bonus payments. The date you receive your bank bonuses depends on when you open your account and meet all requirements. See the chart below for specific dates for bank bonus payments.

Bonus Payout Dates

Here are the estimated payout bonus dates once the account holder completes a single $500 direct deposit to the new checking account (within 60 days of account opening) and makes qualifying debit transactions (within 60 days of account opening).

Account Opening Date: October 2022
Bonus Payout Date: February 28, 2023
Account Opening Date: November 2022
Bonus Payout Date: March 31, 2023
Account Opening Date: December 2022
Bonus Payout Date: April 30, 2023
Account Opening Date: January 2023
Bonus Payout Date: May 31, 2023

These bank bonuses are only available through this special bonus link from Citizens Bank.

Qualifying Citizens Bank Accounts

Now that you know about these valuable bank bonuses, what accounts can you open at Citizens Bank? Here’s a look at checking and savings accounts available through the bank right now.

Checking Accounts

Citizens Bank has four checking account options available right now. Here’s a breakdown of the details for each of its checking accounts.

Account: Citizens Quest Checking
Minimum Opening Deposit: $0
Monthly Fee: $25
How To Waive Monthly Fee:
$25,000 combined balances in deposit and investment accounts, OR $5,000 total deposits to primary checking each statement period.
Account: Citizens Wealth Checking
Minimum Opening Deposit: $0
Monthly Fee: $0, but only available to clients who maintain $200,000 combined balances in deposit and investment accounts.
How To Waive Monthly Fee: N/A
Account: One Deposit Checking
Minimum Opening Deposit: $0
Monthly Fee: $9.99
How To Waive Monthly Fee:
Make one deposit (any amount) per statement period
Account: Student Checking 
Minimum Opening Deposit: $0
Monthly Fee: $0
How To Waive Monthly Fee: N/A

Student Checking accounts also come with free checks. All Citizens Bank checking accounts come with ATM cards and online and mobile banking access.

Customers are subject to a soft credit inquiry when applying for a Citizens Bank checking account. Soft credit inquiries do not negatively affect your credit score.

Should You Apply For These Bank Bonuses?

Citizens Bank makes it easy to earn an extra $400 if you meet all of the deal requirements. If you’re looking for a new bank or want to earn some free money, why not try to collect these bank bonuses? When you’re trying to earn bank or other bonuses, it’s always a good idea to screenshot offer details for your records in case you might need to access them later.

Frequently Asked Questions

How do I get my bonus from Citizens Bank?

Once you meet the required qualifying actions, your bonus or promotion will typically be deposited directly into your account within 90 days. If you are beyond the 90-day threshold and have yet to receive your bonus, contact Citizens Bank customer service.

How do I reach Citizens Bank Customer Service?

You can reach Citizens Bank customer service 24/7 by phone at 1-800-922-9999. Alternatively, you can visit any Citizens Bank branch during normal business hours to speak with a customer service representative. 

Is Citizens Bank FDIC Insured?

Yes, Citizens Bank is FDIC insured. As a FDIC member, your deposits and account balances are insured up to $250,000 per depositor.

I have a Student Checking Account with Citizens Bank. How do I get my free checks?

You can order your free checks either online, at a local branch, or by phone at 1-866-322-1350. To order checks online, login to your account dashboard and navigate to the account services section. Alternatively, you can place an order directly through Citizens Bank’s preferred check provider, Deluxe, at no extra cost. Keep in mind, if you need to update an address or change your name, you’ll need to call Citizens Bank at 1-800-922-9999 to complete your order

More About Current Bank Bonuses:

While we work hard on our research, we do not always provide a complete listing of all available offers from credit-card companies and banks. And because offers can change, we cannot guarantee that our information will always be up to date, so we encourage you to verify all the terms and conditions of any financial product before you apply.

Kevin Payne
Kevin Payne
Kevin Payne is a personal finance, credit card, and travel writer. He is the family travel and budget expert behind Kevin lives in Cleveland, Ohio, with his wife and four kids. His work has appeared on several websites, including FinanceBuzz, Credit Karma, Millennial Money, Club Thrifty, Student Loan Planner and Slickdeals.

Take this 1-minute survey to help improve your site experience

Related Links

Related Posts