on checking account fee changes at Citibank. It's a step in the right direction, but Citibank still has a long way to go.
The change on their basic checking account package will likely be noticed the most:
[Citigroup] plans to eliminate fees on its lowest-level “Basic Banking” accounts, as long as customers perform transactions such as direct-deposit of paychecks or debit-card purchases at least five times a month, according to the statement. Basic customers who don’t meet that quota must pay $8 a month.
This looks a lot like what Chase offers.
Citi is also reducing the balance required to avoid monthly charges for Citigold accounts, but it's still a high balance requirement of $50K.