Citibank vs Relay
Citibank is a large national bank best for high balance customers. How does it compare to Relay? 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 Relay lets you open up to 20 individual business checking accounts and 50 debit cards at no extra charge. There's also free cash deposits and free mailed checks through the app. There's no monthly fee.
Compare Citibank with Relay, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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Learn More | Visit Site | |
Citibank | Relay | |
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Citi Checking - $1,500 Bonus | No-Fee Business Checking - | |
Benefits and Features | ||
Savings |
| Earn up to 3% APY: Earn 1% APY on savings balances of less than $50,000, 1.5% APY on savings between $50,000 and $250,000, 2% APY on savings balances between $250,000 and $1,000,000 and 3% APY on savings balances of more than $1,000,000. |
CD |
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Checking | ![]() | Up to 20 individual business checking accounts; no monthly fees; no overdraft fees |
Monthly Fee | ||
Money Market | ||
APY | ||
Minimum Deposit to Open | ||
Mobile App | ||
ACH Transfer Fee | ||
ATMs | More than 65,000 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. | |
Balance Requirement | ||
Cash Deposit Fee | $0 for cash deposits at Allpoint ATMs | |
Customer Service | 24/7 Live Customer Service (Telephone) | Phone: Monday - Friday, 9 am - 5 pm ET; Email: Everyday |
Incoming Wire Transfer Fee | ||
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. | |
Out of Network ATM Fee | ||
Outgoing Wire Transfer Fee | $5 for domestic; $10 for international | |
Overdraft Fee | ||
CreditDonkey® Reviews | ||
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Savings | ![]() ![]() ![]() ![]() ![]() | |
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Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
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Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Fees | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Large national bank best for high balance customers... | One of the best online business banking accounts for large teams... |
Learn More | Visit Site | |
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 05/07/2025. 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. |
No-Fee Business Checking
- $0 monthly service fee
- $0 minimum opening deposit
- Open up to 20 individual business checking accounts
- Earn up to 3% APY with automated savings
- Issue up to 50 Visa® debit cards to your team
Which is Better: Citibank or Relay?
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: Relay's checking is excellent.