Citibank Money Market Account

Claimed

in Money Market Accounts from Citi® · Member FDIC

Net Recommendation Score -100

0 users recommend

0 users are unsure

3 users don't recommend

Highlights
Community Rating	Rating not yet determined
APY (Annual Percentage Yield)	0.01% - 0.1%
Minimum Balance to Earn APY	N/A
Minimum Opening Deposit	Starting at $100

Citibank Money Market Account Review

Citibank Money Market Account is offered by Citi®, a bank founded in 1812 and based in New York, NY. Citibank Money Market Account are available in 50 states (and Washington, DC).

Key Takeaways

Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.1%, which is much higher than the national average for a money market account.
No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.
Charges a monthly fee. This account charges a monthly service fee of up to $4.50.
Small minimum initial deposit. You only need $100 to open an account.

Pros & Cons of Citibank Money Market Account

Pros	Cons
Available in all 50 states. High-interest yield. Does not offer mobile check deposits.	No signup bonus. Does not provide a debit card. Monthly service charge.

Citibank Money Market Account FAQ

Are money market accounts from Citi® federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #07213). 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 are the interest rates for Citibank money market account rates?

Citibank money market account offers an APY starting at 0.01% and ranging up to 0.1% (APY stands for annual percentage yield, rates may change).

Citibank money market account Rates and Terms
Rates	Amount
APY (Annualized Percentage Yield)	0.01% - 0.1%

What are the fees for Citibank Money Market Account?

This account charges a monthly maintenance fee of up to $4.50.

Citibank Money Market Account Fees
Fees	Amount
Monthly Fee	up to $4.5
Paper Statement Fee	N/A

What is the minimum balance for Citibank money market account?

Minimum deposit of $100. You must make an initial deposit of at least $100 to open this account.

What features and perks does Citibank money market account offer?

This account includes the following features:

Check Writing - Citibank money market account includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
Fraud monitoring - Citi® monitors transactions for potentially fraudulent activity.
Mobile Banking Services - Citibank money market account allows you to manage your money through online banking and a dedicated mobile app.

What is the customer service phone number?

The customer service number for this business card is (800) 950-5114.

What is the support contact email?

The support contact email for this business credit card is customer.help@citi.com.

How to open an account with Citi®

Visit the Citi® website.
Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
Check the information is accurate and submit your application.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Citibank money market account

Citi works tirelessly to provide consumers, corporations, governments and institutions with a broad range of financial services and products. We strive to create the best outcomes for our clients and customers with financial ingenuity that leads to solutions that are simple, creative and responsible. While we're a global bank, our mission is simple: We responsibly provide financial services that enable growth and economic progress. We strive to earn and maintain the public's trust by constantly adhering to the highest ethical standards. We ask our colleagues to ensure that their decisions pass three tests: they are in our clients' interests, create economic value, and are always systemically responsible. When we do these things well, we make a positive financial and social impact in the communities we serve and show what a global bank can do.