Citibank vs Axos Bank

Citibank is a large national bank best for high balance customers. How does it compare to Axos Bank? Read our comparison chart below.

Citibank has over 600 branches across the United States. Service fees and ways to waive are on the high side. Best for high-balance customers who can open one of the elite accounts to earn reward points, get preferred rates, and other perks.

While Axos Bank offers a range of checking and savings products. Checking options includes a up-to 1% cashback account and rewards checking account with a higher interest rate. Savings options include savings accounts and CDs with higher-than-average rates. All accounts have no monthly service fees.

Compare Citibank with Axos Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Citibank	Axos Bank
	Member FDIC	Member FDIC
	Learn More	Learn More
	OFFER Checking with Enhanced Direct Deposit - $300 Cash Bonus Read Citibank Review	SPECIAL OFFER Basic Business Checking - Up to $400 Bonus - Learn More Read Axos Bank Review
	Benefits and Features
Savings	Citi® Accelerate High-Yield Savings: 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. Citi® Savings: Available in CA, CT, DC, MD, NV, NJ, NY, VA, and select markets in Florida and Illinois.	0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over)
CD		0.20% APY. Terms of 3 months to 5 years. $1,000 minimum
Checking		Rewards Checking: Up to 3.30% APY Cashback Checking: Up to 1% cashback
Money Market		0.25% APY
Mobile App		iOS & Android
ATMs	More than 70,000 fee-free ATMs at Citi branches and participating retail locations nationwide, including Target, CVS Pharmacy, Rite aid, Walgreens, Duane Reade and ATMs displaying Allpoint or MoneyPass logo.	Approximately 91,000 partner ATMs
Customer Service	24/7 Live Customer Service (Telephone)	24/7
IRA CD
IRA Money Market
Locations	645 retail bank branches concentrated in the six key metropolitan areas of New York, Chicago, Los Angeles, San Francisco, Miami, and Washington, D.C.	Online only
	CreditDonkey® Reviews

Savings
CD
Checking
Mobile App
Customer Service
Money Market
ATMs
Locations
Pros & Cons	Pros: Perks for high balance customers Many fee-free ATMs Global presence Cons: No free checking option Higher balance requirements Low savings APY	Pros: Checking with rewards No monthly fee Domestic ATM rebates Cons: Low CD rates No physical branches
Bottom Line	Large national bank best for high balance customers... Read full review	Full-service online bank with excellent cashback and interest checking... Read full review
		Rewards Checking - Up to 3.30% APY Basic Business Checking - Up to $400 Bonus CashBack Checking - Earn up to 1.00% Cash Back
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Citibank: Pricing information from published website as of 07/15/2024. 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. Axos Bank: Pricing information from published website as of 06/14/2024.

Member FDIC

Basic Business Checking - Up to $400 Bonus

Get Deal

Expires in 5 days

Business owners get up to $400 welcome bonus!*
Open a business checking account by August 1 and get up to $400 when you use promo code NEW400 on your application.*
No initial deposit requirement
No minimum balance requirement
No monthly maintenance fees
Free domestic incoming wires. Two (2) outgoing domestic wire fees reimbursed per month.
Unlimited domestic ATM fee reimbursements
Unlimited item processing (debits, credits, and deposited items)
Cash deposits via MoneyPass and AllPoint networks

Member FDIC

High Yield Savings - Up to 0.61% APY

Learn More

0.61% APY on balance < $25,000
0.25% APY on balance $25K-$100K
0.15% APY on balance > $100K
No monthly maintenance fees
No minimum balance requirements
$250 minimum opening deposit
Free incoming wires
Zero minimum balance requirement

Member FDIC

Business Interest Checking - 1.01% APY

Get Deal

Expires in 5 days

Business owners get up to $400 welcome bonus!*
Open a business checking account by August 1 and get up to $400 when you use promo code NEW400 on your application.*
Up to 1.01% APY**
$100 minimum opening deposit
Pay no monthly maintenance fee with an average daily balance of at least $5,000
Unlimited domestic ATM fee reimbursements
Up to 100 free items per month, $0.50 per item thereafter (includes debits, credit, and deposited items)
Up to 60 items per month for Remote Deposit Anywhere (includes monthly per item processing limitation)
Free online banking, image statements, and Bill Pay

Which is Better: Citibank or Axos Bank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Citibank or Chase.

In short: Axos Bank's savings and checking are notable. In particular, the checking is excellent.

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