Citibank vs SunTrust Bank
Citibank is a large national bank best for high balance customers. How does it compare to SunTrust Bank? Read our comparison chart below.
Citibank has over 700 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 SunTrust Bank has 1,400 branches in the Southeast region. Checking accounts require $100 to open and offers different ways to waive fees. Select Savings account offers an annual 1% bonus up to $25. Promotional CD offers a high APY with a $2,000 minimum opening deposit.
Compare Citibank with SunTrust Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Citibank | SunTrust Bank | |
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Checking with Enhanced Direct Deposit - $300 Cash Bonus | ||
Benefits and Features | ||
Savings |
| 0.01% APY for all savings account. For Essential Savings Account - no minimum opening deposit, no monthly maintenance fee, no tiered interest rates. For Select Savings Account - $100 minimum opening deposit, $7 monthly maintenance fee unless 1) minimum $25 per month auto-transfer from a SunTrust personal checking account or, 2) $1,000 minimum daily collected balance. Has tiered interest rates. |
CD | 0.05% APY. Terms ranging from 6 months - 24 months. $2,500 minimum opening deposit. Terms ranging from 7 days - 31 days. OR $1000 minimum opening deposit. Terms ranging from 32 days - 60 days. | |
Checking | ||
Money Market | Minimum opening deposit $100. Monthly maintenance fee $12 unless 1) one (1) automated transfer ($100 minimum) occurs, OR 2) a minimum daily collected balance of $10,000 is maintained. | |
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. | More than 2160 ATMs across 11 southeastern states and Washington DC. |
Customer Service | 24/7 Live Customer Service (Telephone) | 24/7 Telephone and Automated Customer Service |
IRA CD | Terms ranging from 1 - 10 years. | |
IRA Money Market | ||
Locations | More than 700 Citibank branches (concentrated in New York, Chicago, Los Angeles, San Francisco, Washington DC and Miami) | 1400 bank branches across 11 southeastern states and Washington D.C. |
CreditDonkey® Reviews | ||
Savings | ||
CD | ||
Checking | ||
Mobile App | ||
Customer Service | ||
Money Market | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Large national bank best for high balance customers... | Southeastern regional bank known for good customer service... |
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 04/09/2024. 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. SunTrust Bank: Pricing information from published website as of 04/12/2022 based on 91107 zip code. |
Which is Better: Citibank or SunTrust 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: SunTrust Bank's cd is notable.