SuperMoney
First Citizens Bank Online Savings Account
in Savings Accounts from First Citizens Bank · Member FDIC
Claimed Visit Site

First Citizens Bank Online Savings Account

Claimed
in Savings Accounts from First Citizens Bank · Member FDIC
SuperMoney Net Recommendation Score +80  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +80, equating to 4.6 on a 5 point rating scale.

+80

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.

Strongly recommended

4 users recommend
1 user is unsure
0 users don't recommend
Cast your vote

Would you recommend First Citizens Bank Online Savings Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating Strongly recommended
Monthly Fee $0
APY (Annual Percentage Yield) 0.03%
(Verified 10/26/2022)
Minimum Balance to Earn APY N/A
Number of Reviews 5

First Citizens Bank Online Savings Account Review

First Citizens Bank Online Savings Account is offered by First Citizens Bank, a bank founded in 1898 and based in Raleigh, NC. First Citizens Bank Online Savings Account is available in 19 states across the USA.

Key Takeaways

  • Low interest rate. The maximum annual percentage yield for this account is only 0.03%.
  • $0 monthly fee. This account does not charge any monthly account fees.
  • No ATM fees. First Citizens Bank Online Savings Account does not charge fees on ATM transactions.

First Citizens savings account Pros & Cons

Pros Cons
  • Interest-yielding account.
  • Access to physical branches.
  • Free debit card
  • No signup bonus.
  • Does not provide access to a nationwide ATM network.
  • Only available in 19 states.

First Citizens savings account FAQ

Are savings accounts from First Citizens Bank federally insured?

Yes, your First Citizens Bank savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #11063). 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 First Citizens Bank offer a signup bonus?

First Citizens savings account doesn't offer a signup bonus.

What is the minimum initial deposit for First Citizens savings account?

The minimum deposit to open a First Citizens savings account is $50.
First Citizens Bank Online Savings Account Minimums
Description
Minimum Balance to Avoid Monthly Fee $0
Minimum Opening Deposit $50
Minimum Required Balance $0

What APY does First Citizens Bank Online Savings Account offer?

First Citizens savings account offers an APY of 0.03% (APY stands for annual percentage yield, rates may change).

The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually.

What fees does First Citizens savings account charge?

First Citizens savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

  • An overdraft on your account will trigger a $10 fee per item.

Does First Citizens savings account charge overdraft fees?

Yes, First Citizens savings account charges a $10 overdraft fee.

What features and perks does First Citizens savings account offer?

This savings account includes the following features:

  • Check images with monthly statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks for each statement period.
  • Fraud monitoring - First Citizens 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 Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - First Citizens savings account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

Can you set up a direct deposit to First Citizens savings account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for First Citizens savings account?

The customer support email for First Citizens savings account is fcdirect@firstcitizens.com.

How do people rate the customer service and user experience of First Citizens savings account?

Overall, First Citizens savings account is strongly recommended based on community reviews that rate customer service and user experience.

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.

Contact

Hours of Operation

  • Sunday 7:00am - 11:00pm
  • Monday 7:00am - 11:00pm
  • Tuesday 7:00am - 11:00pm
  • Wednesday 7:00am - 11:00pm
  • Thursday 7:00am - 11:00pm
  • Friday 7:00am - 11:00pm
  • Saturday 7:00am - 11:00pm

Other Services by First Citizens Bank

Availability

  Available in 19 states
  • Arizona
  • California
  • Colorado
  • Florida
  • Georgia
  • Kansas
  • Maryland
  • Missouri
  • North Carolina
  • New Mexico
  • Oklahoma
  • Oregon
  • South Carolina
  • Tennessee
  • Texas
  • Virginia
  • Washington
  • Wisconsin
  • West Virginia

Feature Breakdown

Minimum Balance to Avoid Monthly Fee $0
Minimum Opening Deposit $50
Minimum Required Balance $0
Monthly Fee $0
Overdraft Item Fee $10
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Social Security Number
Bauer Financial A+/A Rating
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Check Images with Statement
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card
  • Automatic Transfers
  • Bauer Financial A+/A Rating
  • Branch Access
APY (Annual Percentage Yield) 0.03%
(Verified 10/26/2022)

First Citizens Bank Online Savings Account Community Reviews

 

Would you recommend First Citizens Bank Online Savings Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +80, equating to 4.6 on a 5 point rating scale.

+80

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.

sorted by

Other Savings Accounts