Citibank serves clients across the full spectrum of consumer banking needs. Citibank serves as a trusted advisor to its retail, wealth management and small business clients at every stage of their financial journey.
I've had an Accelerate Savings account for a few years and never had a problem. The interest is almost always the highest out of the big national banks.
I've linked the account to several others I have, and ACH transfers work just fine. I sometimes use my account to pay my Citi credit cards. I've linked to Mint and Personal Capital, it updates regularly with no issues. Citi does not charge excess transaction fees for more than 6 transfers/withdrawals in a month. I did get an ATM card for my account, but I've never needed to use it.
Look carefully if you are going after one of their many bonus's After you have satisfied all the requirements, on the $700 bonus, they have up to 90 days to actually credit you with the bonus. I am waiting right now.
I opened an accelerate savings account with Citi recently for the good APY and welcome bonus. When I think of a savings account, I expect to be able to access my money quickly if necessary. I have since found out that is not the case with this Citi account. They limit transfers back out of the account to $10,000 daily / $15,000 max per month. However, it has been several days since my initial $10,000 money transfer and their online functionality is not allowing me to transfer the balance $5,000. Customer service was extremely unhelpful and said there was nothing they could do. Not to mention that to now move back out all the money in the account to my local bank would take months and months if the system was working. My only other option is a wire transfer which has a fee. Not a fan of having to pay a fee to access my own money. Needless to say I will be paying the wire transfer fee to get my money out of this account and taking it elsewhere where I can access it when I need it.
Citi promised to pay $300 for depositing money for 60 days. At the end of 60 days, they said it would take 90 more days to get the reward. Called yesterday when the reward didn't arrive. They said they had no record of the offer to me. I said I had an email with the offer saved. They said well "you can write us a letter appealing the decision." I said "no thanks" and closed all my accounts and will NEVER, NEVER, NEVER, deal with Citibank again. They are lying snakes or incompetent morons. Probably both.
Overall | |
---|---|
FDIC Certificate # | 7213 |
Year Established | 1812 |
Employees | 186465 |
Primary Regulator | OCC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.98% |
Return on Equity - YTD | 10.09% |
Annual Interest Income | $23.81B |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2022vs Q2 2021 | $1,720.3B$1,678.5B |
Loans | Q2 2022vs Q2 2021 | $635.8B$637.3B |
Deposits | Q2 2022vs Q2 2021 | $1,353.8B$1,328.5B |
Equity Capital | Q2 2022vs Q2 2021 | $164.3B$164.4B |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $14.53B$17.27B |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $4.37B$5.39B |
Real Estate Owned | Q2 2022vs Q2 2021 | $10.0MM$22.0MM |
Always verify rates and promotions with the bank or credit union. We are not Citi; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.40% | $1 | - | Citi Accelerate Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.00% | - | - | Citigold® | |
0.00% | - | - | Citi Priority |