Citibank is to offer its customers a year's free Internet access with Virgin Net - on the condition that their income is over #30,000.
The deal, which involves Citibank paying Virgin an undisclosed sum for the service, will give customers unlimited Web access, a Virgin Email address, facilities for setting up a homepage and access to the ISP's 24-hour telephone helpdesk.
Citibank's manager for PC banking, Danny Childs, said: "We are looking to recruit a target customer. We would prefer these customers to earn #30,000 and we expect them to keep a minimum of #2,000 in their account for a month when they open it."
Citibank is also planning to start up an Internet banking service in September, which users will be able to access via any ISP.
Virgin Net CEO David Clarke foresees future deals with other banks and commercial organisations. "Over time, Internet access will become free with similar deals," he said.
Virgin's free Web service will be available from July and the bank is registering applicants now.
Citibank: 0800 008 100.
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