Citizens Bank Platinum Money Market Account Review

Citizens Bank is based in Providence, RI. It was founded in 1828 and offers its money market accounts in 11 states across the USA.

If you're considering a money market account and want to know whether Citizens Bank Platinum Money Market Account is right for you, read on.

Is Citizens Bank Platinum Money Market Account insured by the FDIC?

FDIC insured. Citizens Bank Platinum Money Market Account is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in money market accounts up to $250,000 per depositor if a member institution fails.

What are the Citizens Bank Platinum Money Market Account rates?

Citizens Bank Platinum Money Market Account offers an APY starting at .03% and ranging up to 1.65% (APY stands for annual percentage yield, rates may change).

Citizens Bank Platinum Money Market Account Rates and Terms

Rates	Amount
APY (Annualized Percentage Yield)	.03% - 1.65%

What are the Citizens Bank Platinum Money Market Account fees?

Citizens Bank Platinum Money Market Account does not charge a monthly maintenance fee.

Citizens Bank will charge you a $15 fee if you exceed your maximum number of monthly transactions.

Federal regulations limit the number of transactions you can make from your money market account to six per month.

Citizens Bank Platinum Money Market Account Fees

Fees	Amount
Monthly Fee	$0
Paper Statement Fee	N/A
Excess Transaction Fee	$15

What is the minimum balance for Citizens Bank Platinum Money Market Account?

No minimum initial deposit. Citizens Bank does not require a minimum initial deposit to open an account.

What features and perks does Citizens Bank Platinum Money Market Account offer?

This account does not seem to offer any of the features and perks we track.

How to open an account with Citizens Bank

• Visit the Citizens Bank 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.