The Motley Fool Discussion Boards

Previous Page

Financial Products & Services / Online Banking


Subject:  Re: Citibank $150 for online checking Date:  11/1/2002  3:04 PM
Author:  jrr7 Number:  17675 of 24357

If you withdraw money from another account in order to meet citibank's minimum balance, you should consider the money you would have earned in that account as a cost. If you withdrew $1500 from a 3% account for 3 months, the interest cost is around $15. So you're only ahead by $135 or so.
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us