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Last Updated: 04/18/2025

Citizens Bank Platinum Money Market Account

in Money Market Accounts from Citizens Bank

Last Updated: 04/18/2025

Citizens Bank Platinum Money Market Account logo
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APY (Annual Percentage Yield)

0.03% - 1.65%(Verified 06/21/2024)
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Minimum Balance to Earn APY

$0

Minimum Opening Deposit

N/A

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Citizens Bank Platinum Money Market Account Review

Citizens Bank Platinum Money Market Account is offered by Citizens Bank, a bank founded in 1828 and based in Providence, RI. Citizens Bank money market are available in 11 states.

Key Takeaways

  • Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 1.65%, 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.

Pros & Cons of Citizens Bank Platinum Money Market Account

Citizens Bank Platinum Money Market Account FAQ

Are money market accounts from Citizens Bank federally insured?

Yes, your Citizens Bank money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). 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 Citizens Bank money market rates?

Citizens Bank money market offers an APY starting at 0.03% and ranging up to 1.65% (APY stands for annual percentage yield, rates may change).

What are the fees for Citizens Bank Platinum Money Market Account?

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

What is the minimum balance for Citizens Bank money market?

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

What features and perks does Citizens Bank money market offer?

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

What is the customer service phone number?

The customer service number for this account is (877) 360-2472.

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.

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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.

Contact

Headquarters

1 Citizens Plz
Providence, RI 02903
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