
Citibank Reviews
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About Citibank
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Citibank is a global banking company that provides financial services to consumers, small businesses and corporations in nearly 160 countries. It’s known for its full-service banking products, which include checking and savings accounts, credit cards, personal loans, mortgages and investment products.
- Worldwide presence
- Robust credit card rewards program
- Bank bonuses and promotions
- No overdraft fees
- Below-average interest rates on some deposit accounts
- Some monthly fees
- Account details not clearly stated on website
Helpful Reviews
What is Citibank?
Citibank is a global bank and one of the largest financial institutions in the world. It’s a subsidiary of Citigroup, a multinational investment banking and financial services corporation. Collectively, the company manages more than $1.7 trillion in assets, according to the Federal Reserve at the time of publishing.
Citibank has a significant presence around the world, with operations in almost 160 countries and territories. This global reach makes Citibank a preferred bank for international travelers and businesses, as it offers a seamless banking experience across different countries and currencies.
How does Citibank work?
Opening an account with Citibank is generally a straightforward process. Customers can apply for an account online, over the phone or in person at a branch location. To open an account, you need to provide personal identification information, such as your name, address, date of birth and Social Security number. You might also need to provide proof of income and employment.
Citibank offers a range of relationship perks to its customers, depending on the type of account you have and your level of banking activity. For example, some accounts offer higher interest rates or waived fees for certain transactions.
Citibank also offers rewards programs for its credit cards, which allow customers to earn points or cash back for purchases.
Citibank products and services
Citibank offers a variety of products and services, including checking and savings accounts, credit cards, personal loans, mortgages and investment products.
Checking accounts
Its Access Account, Basic Banking and Citibank Account packages are ideal for everyday banking needs, while its Citi Priority, Citigold and Citigold Private Client packages are best for those needing wealth management services. Perks vary by account package but can include ATM reimbursements, preferred rates, pricing and travel benefits, and more.
At the time of publishing, you can earn up to $2,000 when you open a new Citibank checking account.
Savings accounts and CDs
Citibank certificates of deposit (CDs) and banking IRAs offer fixed interest rates for a set term. Rates vary by term, but select CD options have competitive yields that rival online banks.
Credit cards
Citibank also has cards designed for balance transfers or those with fair or poor credit, making it easier to find a card that fits individual needs.
Loans
» MORE: Citi Flex loans
Wealth management
Citibank fees
Citibank does not charge fees for overdrafts or returned items. However, its checking and savings accounts have monthly fees that range from $0 to $30, depending on your banking package.
There are multiple ways to waive these monthly fees, such as making a qualifying direct deposit each month or maintaining a combined minimum monthly balance across all Citibank accounts.
In addition to monthly maintenance, Citibank may also charge the following:
- $2.50 for using an out-of-network ATM
- $30 for stop payment request
- $15 for incoming domestic and international wires
- $25 to $35 for outgoing domestic wires
- $35 to $45 for outgoing international wires
Citibank FAQ
How do I earn ThankYou points with a Citibank checking account?
As of July 2022, checking account customers can no longer enroll in Citi’s ThankYou Rewards program, which lets you earn points for completing certain banking activities. Now, the only way to earn points is through an eligible Citibank credit card.
Does Citibank use Zelle?
Yes, Citibank does use Zelle, a digital payment network that allows users to send and receive money quickly and easily between participating banks and credit unions.
How do I redeem my Citibank credit card rewards?
To redeem Citibank credit card rewards, you can log in to your account online or through the mobile app, navigate to the rewards center and select the reward you want to redeem.
How do I update my personal information on my Citibank account?
To update your personal information, log in to your Citibank account online or through the mobile app and navigate to the account settings section. There should be an area to update your information as needed. Alternatively, you can contact Citibank customer service to update your information over the phone.
Is Citibank legit?
Citibank is a reputable and well-established financial institution with a long history of providing quality banking services to customers around the world. While the company may charge certain fees related to its banking services, it offers a wide range of products and services to meet the needs of individuals, businesses and governments.
Citibank is a good choice for individuals who need access to a global network of ATMs and physical branch locations. Its products are designed to meet the needs of its customers at various life stages and their financial goals.
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Citibank Company Information
- Company Name:
- Citibank
- Year Founded:
- 1812
- Address:
- 100 Citibank Drive
- City:
- San Antonio
- State/Province:
- TX
- Postal Code:
- 78245
- Country:
- United States
- Website:
- www.citi.com








