Citibank Auto Save $10,000 Sweepstakes

Citibank is promoting saving by offering a change to win weekly prizes of $1000 as well as a grand prize of $10,000. Citibank customers who complete an auto save transfer of at least $25 from their Citibank checking account to their Citibank money market or savings account by September 9, 2011, will be entered into the Citibank Auto Save Sweepstakes. One grand prize winner will get $10,000 and eight first prize winners will get $1,000.

Setting up Auto Save is easy if you already have a checking account and savings account or money market account with Citibank. All you have to do is sign onto Citibank Online and click on “Transfers”, select “Set up a Recurring Transfer”, choose the account you want to transfer funds from and to choose the frequency and duration of transfers.

As with any sweepstakes there is an alternative method of entry if you want to spend the time and energy to enter. Here is the alternative method of entry from Citibank’s website.

Eligible entrants who wish to enter without becoming a Citibank customer or using the Auto Save feature may enter by mail. To enter by mail, hand print your full name, complete address, day and evening phone numbers (including area code), email address (if any), and date of birth on a 3″ x 5″ piece of paper and mail it with proper postage affixed to “Citibank Auto Save ‘Sit Back, Save and Win!’ Sweepstakes,” PO Box 5046, Dept. 575258, Kalamazoo, MI 49003-5046. You will receive one (1) entry into the applicable drawing. Limit: one (1) mail-in entry per envelope. All mail-in entries must be handwritten. All mail-in entries must be postmarked and received by the dates listed in Section 3 above to be eligible for the applicable drawing. All entries become the exclusive property of Sponsor, and none will be acknowledged or returned. Proof of sending or submission will not be deemed to be proof of receipt by Sponsor.

If you’re already a Citibank customer and have a checking account and a savings account or money market account I would setup Auto Save to start an automatic savings plan, plus the chance to win.

You can read more of Citibank’s sweepstakes here: Citibank Sweepstakes.

If you don’t have accounts with Citibank I would bother opening accounts just for the sweepstakes since Citibank’s interest rates are so low. You can easy find higher savings account rates and checking account rates by searching our rate tables.