Citibank vs Bank of America

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

Citibank has over 700 branches across the U.S. Accounts must be opened as a checking & savings package. 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 Bank of America is one of the largest banks in the U.S. with approximately 4,300 locations and 17,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.

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

		Bank of AmericaChaseUS BankTD BankHSBCDiscover Bank
	Citibank	Bank of America
	OFFER Citi Priority Account - Up to $1,500 Cash Bonus Read Citibank Review	SPECIAL OFFER Bank of America Advantage Plus Banking® - $100 Bonus Offer - Learn More Read Bank of America 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.
CD
Checking	Citi Priority Account: 0.01% Annual Percentage Yield
Money Market
Customer Service	24/7 Live Customer Service (Telephone)	Mon-Fri: 8am - 9pm (ET) Sat: 8am - 8pm (ET) Sun: 8am - 5pm (ET)
ATMs	More than 65,000 fee-free ATMs at Citibank branches and participating retail locations nationwide, including Target, CVS Pharmacy, Rite aid, Walgreens, Duane Reade and ATMs displaying Allpoint or MoneyPass logo.	Approximately 17,000 ATMs
IRA CD
IRA Money Market
Locations	More than 700 Citibank branches (concentrated in New York, Chicago, Los Angeles, San Francisco, Washington DC and Miami)	Approximately 4,300 retail financial centers
	CreditDonkey® Reviews
Savings
CD
Checking
Customer Service
Mobile App
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: Large branch network Extended customer service hours Full service banking Cons: No free checking option Low interest rates Many miscellaneous banking fees
Bottom Line	Large national bank best for high balance customers... Read full review	National bank with widespread accessibility and wide range of services... Read full review
		Bank of America Advantage Plus Banking® - $100 Bonus Offer Bank of America Advantage Relationship Banking® - $100 Bonus Offer Bank of America Advantage SafeBalance Banking® - $100 Bonus Offer
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 09/15/2021. 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. Bank of America: Pricing information from published website as of 3/25/2022 based on 91107 zip code. Citibank: 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.

Citi Priority Account - Up to $1,500 Cash Bonus

Apply Now

Expires 7/17/2022

• Earn up to $1,500 cash bonus when you open a new account with required activities
• Open a new eligible checking account in the Citi Priority Account during the offer period 1/5/22-7/17/22
• Within 20 days of opening, deposit $50,000 in New-To Citibank funds between the new checking and savings accounts
• Maintain a minimum balance of $50,000 in the checking account for an additional 60 consecutive calendar days from the 21st day
• After all required activities are met, the cash bonus will be deposited to your account within 90 calendar days

Which is Better: Citibank or Bank of America?

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.

Articles on Citibank

Citibank Review

Citibank, a CreditDonkey partner, offers banking services and credit cards. But service fees and balance requirements are on the high side. Is it the right bank for you?

• Citibank vs Chase
• Citibank vs Wells Fargo
• Citibank vs US Bank

Open Citi Account

Opening a Citibank account is easy. Take a look at what you'll need, plus find out how to earn up to $1,500 bonus.

• Citibank vs Capital One
• Citibank vs Citizens Bank
• Citibank vs TD Bank

Citi Priority Account

Earn up to $1,500 for opening a Citi Priority Account with required activities. Find out how to take advantage of the huge cash bonus.

• Citibank vs HSBC
• Citibank vs PNC Bank
• Citibank vs Ally Bank

Citi High Yield Savings

Citi now offers high-yield savings with one of the best interest rate. But it's only available in select markets. Read this review to see if it's good for you.

Citibank Routing Number

Looking to transfer money in or out of your Citibank checking or savings account? Find your Citibank routing number and learn about money transfers below.

Articles on Bank of America

Bank of America Review

Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.

• Bank of America vs Discover Bank

How to Close a Bank of America Account

Want to close your Bank of America account? Learn how and what you need to do before you close your account.

Bank of America Hours

Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.

Bank of America Routing Number

Find your Bank of America routing number and learn about money transfers in our guide.

Which Do You Think is Best?

You Might Also Like

Best Banks in California

Are you in California and searching for a new bank? Finding one is easy with this helpful guide to the best banks and credit unions in California.

Banks That Don't Require Social Security Number

Looking to open a bank account without providing your Social Security Number? Read this guide to know which banks don't require an SSN.

Wells Fargo Bank Hours

Wells Fargo is one of the biggest banks in the country. Here's when you can visit a branch near you.

Chase Bank Hours

Chase Bank has over 4,700 branches and 16,000 ATMs. Find out when you can visit your local branch in this guide.

TD Bank Hours of Operation

TD Bank is open 7 days a week, depending on the location. Here's when you can visit a branch near you.

Best National Bank

There are over 5,000 FDIC-insured banks in America. How do you choose a good national bank to keep your money safe?

3 Types of Savings Accounts

Grow your money with a savings account. There are several account types depending on your needs. Learn about the different savings options.

Best Free Checking Accounts

Banking doesn't have to be expensive. Here is a list of good free checking accounts without outrageous fees or high balance requirements.

Wells Fargo Routing Number

Not all routing numbers are the same for Wells Fargo. Here's how to find the routing number for your bank account.

Chase Sapphire Banking Review

What is Chase Sapphire banking ? We explain the benefits, interest rate and how to qualify for the bonus in our review.