Is the Citi gold bonus offer of $1.5k worth the hassle of opening a new account and transferring $200k?

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Opening and transferring money takes less than an hour. Is $1500 worth an hour of your time?

likeuplifting

Yes, why would you not want a free 1.5k? Most checking/saving a counts are going to offer similar rates/perks so why not take advantage of an offer like this while you can.

uplifting

I just did it. Took me 10 mins to do it. Better than 1.5% interest rate in HYSA

How do you transfer $200K?

But that much? Is there no limit for consumer banking?

Did something similar with chase private client.

Definitely lost some sleep wondering where my $250k was as it left the old account and took a week to show up in the new one.

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