CITI offer. Legit?

[dcwriter2]

Think of the Sharpe ratio.

 

[Dustin]

I see that CITI is offering $1,500 to drop $200,000K in a checking account (yes a checking account) for 60 days and then you can transfer out. Off the top of my head that's like 3.5% annualized, no? Anyone have any experience doing this with them? I ask only because I have found some of these offers, like one from Merrill Edge to be partially bull-s-it.

I tried to do this a few months ago. After weeks of back and forth I gave up. It was some of the worst customer service I'd ever experienced.

FWIW I wanted an actual account to use, not to just close later.