How to open bank account in citibank

Opening a Citi bank account is easy. Take a look at what you'll need, plus find out how to earn up to $2,000 bonus

Citi, a CreditDonkey partner, is one of the largest and oldest banks in the U.S. It offers multiple types of bank accounts, loans, credit cards, and other financial services.

Learn more about how to open a Citibank account and get a huge cash bonus below.

How to Open a Citibank Account

You can open an account online, over the phone, or in-person at a Citibank location. To complete your application, you'll need:

• Driver's license, state ID, or passport
  
• Social Security number
  
• Personal info (name, date of birth, address, phone number, and email)
  
• Money for opening deposit

First, decide what type of account you want to open. Then, simply fill out the application.

To take advantage of the Citibank promotion, you also need to make the minimum deposit requirement.

Check out all the individual details about Citi's checking and high-yield savings accounts below.

Is Citibank safe? Yes, Citibank is safe. Your deposits with Citibank are FDIC-insured up to $250,000 if the bank ever fails. Citi also employs security features like 2-step authentication and 128-bit SSL encryption to protect your account.[1]

Types of Accounts

Citi offers a few different bank account options. We'll focus on the details and promotions for their premium checking and high-yield savings accounts.

Each account has a monthly fee, but you can waive it when you meet a minimum balance requirement or if you make consistent direct deposits.

Citibank Customer Service
Phone: 1-800-374-9700 (available 24/7)
Online: Sign on to message, or use the mobile app
In person: Visit a Citi location near you

Premium Checking Account

Citi Priority is a premium checking account with preferred banking benefits. You get perks like:

• Waived everyday banking fees
  
• Higher limits on ATM withdrawals and debit purchases
  
• Investment benefits from Citi Personal Wealth Management
  
• On-demand financial guidance from Citi Priority Advisors
  
• Relationship pricing on mortgages

Here's what you need to get their latest cash promotion:

• Bonus Amount: Between $200 to $2,000
  
• How to Get It: Deposit the minimum qualifying amount (see table below) within 20 days of opening account
  
• Other Requirements: Must be a new account; funds must be new to Citibank; maintain the qualifying balance for an additional 60 consecutive calendar days from the 21st day
  
• Where Offer is Available: Nationwide

Citi Priority Account - Earn up to $2,000 Cash Bonus

Expires 1/9/2023

Earn up to $2,000 cash bonus when you open a new eligible Citi Priority Checking Account with required activities. Within 20 days of opening, deposit the minimum amount of new-to-Citibank funds. Maintain a minimum balance for 60 consecutive calendar days from the 21st day. If your balance falls to a lower tier at any point during the maintenance period, the bonus changes. Bonus will be paid within 30 days after you successfully complete all required activities.

Checking Monthly Fees

The Citi Priority checking account charges a $30 monthly service fee, but there are ways to get around it.

You can waive the fee if you:

• Maintain a combined average monthly balance of $30,000+ in eligible linked deposit, retirement and investment accounts

Compare Checking Accounts

Member FDIC

Chase Total Checking® - $200 Bonus

Expires 1/25/2023

• New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account and set up direct deposit
• Access to more than 16,000 Chase ATMs and more than 4,700 branches
• Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
• Open your account online now
• Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
• Chase Overdraft Assist℠ - no overdraft fee if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*

*With Chase Overdraft Assist℠, we won't charge an Insufficient Funds Fee if you're overdrawn by $50 or less at the end of the business day OR if you're overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end the next business day (you have until 11 PM ET (8 PM PT) to make a deposit or transfer). Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts.

Member FDIC

HSBC Premier Checking - $500 Welcome Deposit

Expires 2/15/2023

• Receive a $500 Welcome Deposit for eligible new customers who open a new HSBC Premier checking account and complete the following qualifying activities.
• Open your new HSBC Premier checking account online, using this offer page, by February 15, 2023.
• Make recurring Qualifying Direct Deposits totaling at least $10,000 per month from a third party to your HSBC Premier checking account(s) for 3 consecutive calendar months from the second full calendar month after account opening.
• You will automatically receive the $500 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities. It's that simple.
• Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

Member FDIC

Silver Business Checking Package - $400 Bonus

Earn a $400 bonus when you open a new, eligible U.S. Bank business checking account online with promo code AF49ZCB and complete qualifying activities1, subject to certain terms and limitations. Offer valid through January 9, 2023. Member FDIC. Complete these steps to earn the offer:

• Enroll in online banking or U.S. Bank Mobile App within 60 days of account opening.
• Complete $3,000 in new money deposits within 30 days of account opening and maintain for 60 days.
• Make five qualifying transactions into your new business checking account. Qualifying transactions include: Debit card purchases, Merchant deposits, ACH credits, Wires credits/debits, Mobile Check Deposit or Bill Pay.

Applicant must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY to be eligible for checking account.

Expires 1/9/2023

High-Yield Savings Account

With interest rates higher than the national average, the Citi® Accelerate High-Yield Savings account is a better way to save. But Citi charges a $4.50 monthly fee if you do not maintain at least $500 in the account.

Member FDIC

Citi® Accelerate High-Yield Savings - 2.20% APY

• Earn 2.20% Annual Percentage Yield (APY)
• Available in AA, AE, AK, AL, AP, AR, AS, AZ, CO, DE, GA, GU, HI, IA, ID, IN, KS, KY, LA, MA, ME, MI, MN, MO, MP, MS, MT, NC, ND, NE, NH, NM, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VI, VT, WA, WI, WV, WY and select markets in Florida and Illinois.
• Member FDIC

Citi® Accelerate High-Yield Savings is only available in following states/territories: AA, AE, AK, AL, AP, AR, AS, AZ, CO, DE, GA, GU, HI, IA, ID, IN, KS, KY, LA, MA, ME, MI, MN, MO, MP, MS, MT, NC, ND, NE, NH, NM, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VI, VT, WA, WI, WV, WY and select markets in Florida and Illinois

Compare Savings Accounts

Member FDIC

Discover Online Savings - $200 Cash Bonus

To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY922 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.

What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 30 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 12/15/2022, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.

Expires 12/15/2022

Member FDIC

Member FDIC

Bottom Line

You can open a Citibank account with your basic information and an initial deposit. Although the accounts have a monthly fee, you can waive them by meeting certain requirements.

References

1. ^ Citi Security Center. Accessed 15 Sept 2021.

Donna Tang is a content associate at CreditDonkey, a bank comparison and reviews website. Write to Donna Tang at . Follow us on Twitter and Facebook for our latest posts.

Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

This content is not provided by Citi. Any opinions expressed are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Citi.

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