April 2020 by Ken F.
I have always avoided Citibank like the plague. However, I saw an offer that I couldn't refuse. A Citibank nearby was offering $400 if you left $15,000 in a checking account for 7 months. On February 14th, 2019, I opened an account with a deposit of $15,000. I kept getting statements from Citibank that did not show $400 had been added to my account well after the 7 months had passed. Finally, I decided to write a check on the account for $15,001.29, the amount that my last statement said that I had in the account, on January 24th, and deposit it in another account I have. Needless to say, I never received the $400 because Citibank said that since I'd cancelled the account they couldn't give me the money. So, get this, I start receiving monthly statements that say I have $.05 in the account and that it is costing me $25 per month for an account service fee. I will never go near another Citibank nor will I ever encourage anyone to do any business with them or do any business with them myself. In my opinion, Citibank is the definition of 'predatory'!
