SuperMoney
  Citizens Bank One Deposit Savings Account

Citizens Bank One Deposit Savings Account

in Savings Accounts from Citizens Bank · Member fdic

Unaffiliated

Citizens Bank One Deposit Savings Account

Unaffiliated

in Savings Accounts from Citizens Bank · Member FDIC

Net Recommendation Score +100

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

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.

Rating not yet determined  

1 user recommends
0 users are unsure
0 users don't recommend
Cast your vote

Would you recommend Citizens Bank One Deposit Savings Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating

Rating not yet determined  

Monthly Fee $0 - $4.99
APY (Annual Percentage Yield) 0.01%
APY Minimum Balance $0.01

Citizens Bank One Deposit Savings Account Review

Citizens Bank One Deposit Savings Account is offered by Citizens Bank, a bank founded in 1828 and based in Providence, RI. Citizens Bank One Deposit Savings Account is available in 11 states across the USA.

Citizens Bank One Deposit Savings Account FAQ

Are savings accounts from Citizens Bank federally insured?

Yes, your Citizens Bank savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57957). 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 Citizens Bank offer a signup bonus?

Citizens Bank One Deposit Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for Citizens Bank One Deposit Savings Account?

There is no minimum deposit to open a Citizens Bank One Deposit Savings Account.
Citizens Bank One Deposit Savings Account Minimums
Description
APY Minimum Balance $0.01
Minimum Balance to Avoid Monthly Fee $200
Minimum Opening Deposit Starting at $0

What APY does Citizens Bank offer?

Citizens Bank One Deposit Savings Account offers an APY of 0.01% (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 Citizens Bank One Deposit Savings Account charge?

Citizens Bank One Deposit Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fees if you have a minimum daily balance of $200.

  • Outgoing domestic bank transfers come with a $30 fee.
  • Incoming domestic bank transfers come with a $18 fee.
  • Outgoing international bank transfers come with a $40 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Incoming international bank transfers come with a $12 fee.
  • Citizens Bank One Deposit Savings Account charges $3 every time you request a paper statement.

What features and perks does Citizens Bank One Deposit Savings Account offer?

This savings account includes the following features:

  • Fraud monitoring - Citizens Bank One Deposit 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 - Citizens Bank One Deposit 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.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

Can you set up a direct deposit to Citizens Bank One Deposit Savings Account?

In most cases, the answer is yes. 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.

How do people rate the customer service and user experience of Citizens Bank One Deposit Savings Account?

Overall, Citizens Bank One Deposit 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.

Availability

  Available in 11 states
  • Connecticut
  • Delaware
  • Massachusetts
  • Michigan
  • New Hampshire
  • New Jersey
  • New York
  • Ohio
  • Pennsylvania
  • Rhode Island
  • Vermont

Feature Breakdown

APY Minimum Balance $0.01
Minimum Balance to Avoid Monthly Fee $200
Minimum Opening Deposit Starting at $0
Early Account Closure $0
Monthly Fee $0 - $4.99
Paper Statement Fee $3
Returned Deposit Fee (Domestic) $20
Wire Transfer Fee - Domestic (Incoming) $18
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $12
Wire Transfer Fee - International (Outgoing) $40
Bauer Financial A+/A Rating
Bank Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • Automatic Transfers
  • Bauer Financial A+/A Rating
  • Branch Access
  • FDIC Member
APY (Annual Percentage Yield) 0.01%

Citizens Bank One Deposit Savings Account Community Reviews

 

Would you recommend Citizens Bank One Deposit 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
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

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

Citizens Bank Savings Accounts

Loading...