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  Citibank Savings Account

Citibank Savings Account

in Savings Accounts from Citibank

Unaffiliated

Citibank Savings Account

Unaffiliated

in Savings Accounts from Citibank

Net Recommendation Score -100%

SUPERMONEY NET RECOMMENDATION SCORE

-100%

-100% 0% +100%
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Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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1 user doesn't recommend
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Highlights
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Community Rating

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
Monthly Fee $0 - $4.50
APY (Annual Percentage Yield) 0.04% - 0.15%
APY Minimum Balance $1

Citibank Savings Account Review

Citibank Savings Account is offered by Citibank, a bank founded in 1812 and based in New York, NY. It is made possible by a bank partnership with Citibank. Citibank Savings Account is available in 9 states (and Washington, DC).

Are savings accounts from Citibank federally insured?

Yes, your Citibank savings 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.

Does Citibank offer a signup bonus?

Citibank Savings Account has a signup bonus of $0.

What is the minimum balance for Citibank Savings Account?

The minimum balance to open a Citibank Savings Account is $0.
Citibank Savings Account Account Minimums
Description
APY Minimum Balance $1
Minimum Initial Deposit $0
Minimum Combined Balance to Avoid Monthly Fee N/A
Minimum Required Balance N/A
Minimum Direct Deposit to Avoid Monthly Fee N/A
Minimum Balance to Avoid Monthly Fee $500

What APY does Citibank offer?

Citibank Savings Account offers an APY starting at 0.04% and ranging up to 0.15% (APY stands for annual percentage yield, rates may change).

What features and perks does Citibank Savings Account offer?

This account includes the following features:

  • Automatic savings - Set up an automatic transfer from your checking account to a savings account and you'll never have to second-guess your saving decisions again.
  • Fraud monitoring - Citibank Savings Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Free Bill Pay - Bill Pay allows you to receive ebills directly to your account and pay them easily from your account.
  • Nationwide ATM network - Withdraw money and check your balance from wherever you are.
  • Citibank Savings Account Features
    Description
    Bank Account Features
    • Automatic Savings
    • Bauer Financial A+/A Rating
    • Branch Access
    • FDIC Member
    • Fraud Monitoring
    • Free Bill Pay
    • Interest Bearing Account
    • Mobile Banking
    • Mobile Check Deposit
    • Nationwide ATM Network
    • No ATM Fees

What fees does Citibank Savings Account charge?

Citibank Savings Account does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fee if you have a minimum daily balance of $500.

  • Outgoing domestic bank transfers come with a $35 fee.
  • Outoing international bank transfers come with a $45 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Citibank Savings Account charges $5 every time you request a paper statement.
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...

Availability

  Available in 9 states and Washington, D.C.
  • California
  • Connecticut
  • Washington, DC
  • Florida
  • Illinois
  • Maryland
  • Nevada
  • New Jersey
  • New York
  • Virginia

Feature Breakdown

APY Minimum Balance $1
Minimum Balance to Avoid Monthly Fee $500
Minimum Initial Deposit $0
Early Account Closure $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Monthly Fee $0 - $4.50
Paper Statement Fee $5
Returned Deposit Fee (Domestic) $12
Wire Transfer Fee - Domestic (Outgoing) $35
Wire Transfer Fee - International (Outgoing) $45
Bauer Financial A+/A Rating  
Bank Account Features
  • Automatic Savings
  • Bauer Financial A+/A Rating
  • Branch Access
  • FDIC Member
  • Fraud Monitoring
  • Free Bill Pay
  • Interest Bearing Account
  • Mobile Banking
  • Mobile Check Deposit
  • Nationwide ATM Network
  • No ATM Fees
APY (Annual Percentage Yield) 0.04% - 0.15%

Citibank Savings Account Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

-100%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

2 Reviews

Citibank Savings Accounts

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Reviews

Monthly Fee

APY (Annual Percentage Yield)

APY Minimum Balance

Citi Accelerate Savings

Citi Accelerate Savings

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Monthly Fee $0 - $4.50     $0 $25
APY (Annual Percentage Yield) 1.55% - 2.21%     0% 6%
APY Minimum Balance $1 APY Minimum Balance