Looking around for a savings account for your child? If your child is under the age of 12, consider opening a savings account with Citizens Bank! Your child can earn a $1,000 savings bonus (plus interest) when they turn 18 by enrolling them in the CollegeSaver Account and meet the monthly direct deposit requirements. Give your child a head start financially and enroll today! Available to residents in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA. Below is all the information and details you need to earn your Citizens Bank $1000 Savings Bonus!
Citizens Bank $1000 Savings Bonus Summary
To earn your Citizens Bank $1000 Savings Bonus, simply enroll your child in the CollegeSaver Account.
- Bonus Offer: Citizens Bank $1000 Savings Bonus
- Availability: CT, DE, MA, MI, NH, NJ, NY, OH, PA (Branch Locator)
- Expiration: None
- Credit Inquiry: Hard Pull o Soft Pull? Let us know!
- Credit Funding: Unknown
- Opening Deposit Requirement: $25 if child is age 6 or younger; $500 on child’s 6th birthday or before 12th birthday
- Direct Deposit Requirement: Yes
- Monthly Service Fee: None
- Early Termination Fees: There is no account closure fee listed, but you must make the qualifying deposits until your child turns 18 to receive the bonus.
- Promo Code(s): None
Citizens Bank $1000 Savings Bonus Application
Citizens Bank $1000 Savings Bonus: At Citizens Bank, they want to help you save for your child’s future and give you one less thing to worry about. That’s why they’ve developed the Citizens Bank CollegeSaver. CollegeSaver is an easy, manageable college savings plan that will help you meet your savings needs. Help your child earn their $1,000 savings bonus today!
For more offers from Citizens Bank, see our full list of Citizens Bank Deals, Bonuses, & Promotions here.
Citizens Bank $1000 Savings Bonus Requirements
Start saving with three easy steps!
- Open a CollegeSaver interest savings account before your child’s 12th birthday.
- Save the monthly minimum amount every year.
- Receive a $1,000 bonus plus interest when your child turns 18.
Citizens Bank CollegeSaver Account Features
- Reminders so you won’t miss a deposit and can easily stay on track.
- Steady Save® transfers from a Citizens Bank checking account to ensure regular, automatic deposits so you won’t lose your bonus.
- No limit to how much you can save. The more you save, the more interest you can earn.
- No requirement to spend CollegeSaver funds or the $1,000 bonus on education.
Avoid Monthly Fees
There are no monthly fees involved with this account.
Author’s Verdict
This Citizens Bank $1000 Savings Bonus is a definitely a rewarding college savings plan that can make higher education more affordable. Creating a college savings plan can be overwhelming by yourself. Let Citizens Bank help you simplify the process. Their CollegeSaver interest savings account makes saving for college a snap. And, it’s never too early to start saving for college – the sooner you start, the easier it is. Sign up today and give your child a head start (you also save yourself $1,000 in the long run by doing so)! Be sure to check back on BankDealGuy for more bank deals!
