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Last Updated: 04/18/2025

Citibank Money Market Account

from Citi®

Last Updated: 04/18/2025

Rating not yet determined3 total votes

3 users don't recommend

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Highlights

APY (Annual Percentage Yield)

0.01% - 0.1%(Verified 06/21/2024)

Disclaimer popup with additional information

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.
Charges a monthly fee. This account charges a monthly fee of up to $4.5.
Small minimum initial deposit. You only need $100 to open an account.

Pros & Cons of Citibank Money Market Account

Pros

Cons

Available in 50 states and Washington, DC.
High-interest yield.
Does not offer mobile check deposits.

Does not provide a debit card.

Citibank Money Market Account FAQ

Are money market accounts from Citi® federally insured?

Yes, your deposits are insured 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 $4.5.

Citibank Money Market Account Fees

Description

Monthly Service Fee

$0 - $4.5

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 account 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.

Contact

Headquarters

388 Greenwich Street

New York, NY 10013

Visit Site

Email Support

Hours of Operation

Sunday

Closed

Monday

9:00AM - 5:00PM

Tuesday

9:00AM - 5:00PM

Wednesday

9:00AM - 5:00PM

Thursday

9:00AM - 5:00PM

Friday

9:00AM - 6:00PM

Saturday

10:00AM - 3:00PM

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SuperMoney Net Recommendation Score

Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.

-100

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Citibank Money Market Account Community Reviews

Would you recommend Citibank Money Market Account to your friends?

Anonymous

Oct 2, 2019

May or may not recommend

Advertised interest rate is 2.36. Per statement, actually received 2.22 They also deduct 24% for taxes.... 1st bank account in my life to do that. While I can understand paying taxes on interest, its means that effective interest rate (for compounding interest) is 1.69.

Mary B.

Sep 5, 2019

May or may not recommend

Saw the 2.36% interest rate online with no fees if $450 kept as balance so verified rate and terms with associate by phone before applying. Went online to complete opening of account. Got signature cards in mail but no verification of terms. Called Citi and it took very long time to get through to someone who didn't speak English very well and was told it was 2.16% interest with $1500 ...Show More

Lee B.

Aug 5, 2019

May or may not recommend

Interest rate is great, however the process has been painful and laborious. They have requested the same documents repeatedly, and still I have not qualified (I have excellent credit) to give them my money. I've wondered if it's a scam.

Showing 3 of 3 reviews