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The following bonus info was reported in this iBankDesign.com post.


Quote:


Title: Get $500 Home Depot gift card with CITI HELOC



The bonus has expired!


Citibank HELOC rates, terms and conditions


Link to the promo

Terms:

Rates as of July 1, 2005. Home Equity lines of credit have 120-month draw periods, followed by a 240-month repayment period. The variable APR may be as low as Prime minus 0.50% [currently 5.75% variable APR] and up to Prime plus 4.50% [currently 10.75% variable APR]. To qualify for the lowest rate, customers must meet minimum loan or line amount requirements, must utilize at least $25,000 of the line at account opening and meet certain loan-to-value conditions and credit qualifications. The Annual Percentage Rate [APR] for our Home Equity Line of Credit may vary and is indexed to the Prime Rate, as published in the 'Money Rates' section of The Wall Street Journal [currently 6.25%]. Rates subject to change without notice. The Maximum APR is 18%.

This is not an offer for extension of credit nor a commitment to lend and is subject to change without notice. Loans subject to credit approval. Certain restrictions may apply on all programs. In Texas, loan to appraised value may not exceed 80% for the first and second mortgages combined, of which the second mortgage may not exceed 50% of the appraised value. In Texas, $4,000 minimum per draw.

2 The Home Depot gift card can only be earned by new Citibank Home Equity customers who open a new Home Equity Line of Credit of at least $25,000. Limited time offer. Home Equity Lines of Credit are available to U.S. Offer not available in Alaska and Hawaii. Apply by August 31, 2005 to qualify for this offer. residents only. No third lien positions. Gift card will be mailed to the Citibank Home Equity Line of Credit account mailing address 8-10 weeks after your line is opened. This offer expires August 31, 2005.

Redeeming gift cards - Gift Cards to The Home Depot are redeemable at The Home Depot.

3 Property insurance and the fee to release an existing mortgage may be required. In addition, an early closure release fee may be charged to recover all third party costs incurred in originating your line if you close your account within 36 months (not applicable in Texas). An annual fee of $50 will apply starting on the first anniversary of credit line account opening [not applicable in Texas]; certain exclusions apply.

4 Interest-only payment during the 10-year draw period with a draw of $25,000.

Member FDIC 2005 Citibank FSB, Citibank , NA, Citibank Texas, NA, and Citibank (West), FSB, equal housing lenders, are members of Citigroup. Citi, Citi with the arc design are registered service marks of Citicorp.

The Home Depot is not a sponsor of this promotion. Citibank is not affiliated with The Home Depot. The Home Depot is a registered trademark of Homer TLC, Inc.

2005 Citibank [South Dakota], N.A.
All rights reserved.
Citi, Citibank , Citi with Arc Design, and Live Richly are registered service marks of Citicorp.

A member of citigroup.

Citibank Customer Service
P O. Box 6500
Sioux Falls, SD 57117


.


End of quote.

Source: iBankDesign.com


This bonus has expired!


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Definitions:
1 'Local' bonuses are bonuses for deposit accounts that are not available nationwide, such as credit uninon's accounts, accounts for in-state residents or local residents. Please keep in mind that some local bonuses may not be available to you if you live in an eligible state but not in an eligile city or county.
2 'Professional' bonuses are restricted to certain professional groups, such as military, union members and students
3 'Aged' bonuses are bonuses that were reported by our visitors or posted on bank websites long time ago. These bonuses need to be verified by contacting a bank representative.

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