Citizens Bank Checking Account

Unaffiliated

in Checking Accounts from Citizens Bank · Member FDIC

Net Recommendation Score -50

0 users recommend

1 user is unsure

1 user doesn't recommend

Highlights
Community Rating	Rating not yet determined
Cashback Rewards	N/A
APY (Annual Percentage Yield)	0.02% - 0.07%
Monthly Fee	$0 - $25
Minimum Balance to Avoid Monthly Fee	N/A

Citizens Bank Checking Account Review

Citizens Bank Checking Account is offered by Citizens Bank, a bank founded in 1828 and based in Providence, RI. Citizens Bank Checking Account is available in 8 states across the USA.

Key Takeaways

Low APY. The maximum annual percentage yield for this account is only 0.07%.
Charges a monthly fee. This account charges a monthly service fee of up to $25.
No minimum initial deposit. There is no minimum balance required to open an account online.
No ATM fees. Citizens Bank Checking Account does not charge fees on ATM transactions within its network but there is a fee of up to $2 for out-of-network ATM transactions.
Bill pay. Pay your bills to practically anyone in the United States through Citizens Bank.

Citizens Bank checking account Pros & Cons

Pros	Cons
Interest-yielding account. Free debit card	No signup bonus. Only available in 8 states. Higher than average wire transfer fees. Monthly service charge (if minimums are not met). Charges a higher than average fee on out-of-network ATM transactions.

Citizens Bank checking account FAQ

Are checking accounts from Citizens Bank federally insured?

Yes, your Citizens Bank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57957). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Citizens Bank checking account offer?

Citizens Bank checking account offers an APY starting at 0.02% and ranging up to 0.07% (APY stands for annual percentage yield, rates may change).

Citizens Bank checking account Rates and Terms
Rates	Amount
APY (Annual Percentage Yield)	0.02% - 0.07%

What are the account minimums for Citizens Bank checking account?

Citizens Bank checking account does not require a minimum initial deposit.

Citizens Bank Checking Account Minimums
Description
Minimum Opening Deposit	Starting at $0
Minimum Direct Deposit to Avoid Monthly Fee	Starting at $0

What fees does Citizens Bank checking account charge?

This account charges a monthly service fee of up to $25.

Citizens Bank Checking Account Fees
Description
Monthly Fee	$0 - $25
ATM Fee: In-Network	$0
ATM Fee: Out-of-Network	Starting at $2
Foreign Transaction Fee (Debit Card)	1%
NSF Fee	$35
Overdraft Item Fee	$35
Overdraft Protection Fee (per transfer)	$12
Returned Deposit Fee (Domestic)	$35
Returned Deposit Fee (International)	$0
Stop Payment Fee	$35
Wire Transfer Fee - Domestic (Incoming)	$10
Wire Transfer Fee - Domestic (Outgoing)	$30
Wire Transfer Fee - International (Incoming)	$15
Wire Transfer Fee - International (Outgoing)	$60
Paper Statement Fee	$3
Online Bill Pay Fee	$0
Debit Card Replacement Fee	$10
Early Account Closure	$30

Does Citizens Bank checking account charge overdraft fees?

Yes, Citizens Bank checking account charges a $35 fee for every overdraft. You can get overdraft protection at a cost of $12 per transaction.

What features and perks does Citizens Bank checking account offer?

This account includes the following features:

Fraud monitoring - Citizens Bank checking account monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - Citizens Bank checking account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
Nationwide ATM network - Conveniently transact at a nearby ATM.

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