Updated September 16, 2022

How to Open a Citibank Account

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Opening a Citi bank account is easy. Take a look at what you'll need, plus find out how to earn up to $2,000 bonus

Citi, a CreditDonkey partner, is one of the largest and oldest banks in the U.S. It offers multiple types of bank accounts, loans, credit cards, and other financial services.

Learn more about how to open a Citibank account and get a huge cash bonus below.

How to Open a Citibank Account

You can open an account online, over the phone, or in-person at a Citibank location. To complete your application, you'll need:

  • Driver's license, state ID, or passport
  • Social Security number
  • Personal info (name, date of birth, address, phone number, and email)
  • Money for opening deposit

First, decide what type of account you want to open. Then, simply fill out the application.

To take advantage of the Citibank promotion, you also need to make the minimum deposit requirement.

Check out all the individual details about Citi's checking and high-yield savings accounts below.

Is Citibank safe? Yes, Citibank is safe. Your deposits with Citibank are FDIC-insured up to $250,000 if the bank ever fails. Citi also employs security features like 2-step authentication and 128-bit SSL encryption to protect your account.[1]

Types of Accounts

Citi offers a few different bank account options. We'll focus on the details and promotions for their premium checking and high-yield savings accounts.

Each account has a monthly fee, but you can waive it when you meet a minimum balance requirement or if you make consistent direct deposits.

Citibank Customer Service
Phone: 1-800-374-9700 (available 24/7)
Online: Sign on to message, or use the mobile app
In person: Visit a Citi location near you

Premium Checking Account

Citi Priority is a premium checking account with preferred banking benefits. You get perks like:

  • Waived everyday banking fees
  • Higher limits on ATM withdrawals and debit purchases
  • Investment benefits from Citi Personal Wealth Management
  • On-demand financial guidance from Citi Priority Advisors
  • Relationship pricing on mortgages

Here's what you need to get their latest cash promotion:

  • Bonus Amount: Between $200 to $2,000
  • How to Get It: Deposit the minimum qualifying amount (see table below) within 20 days of opening account
  • Other Requirements: Must be a new account; funds must be new to Citibank; maintain the qualifying balance for an additional 60 consecutive calendar days from the 21st day
  • Where Offer is Available: Nationwide

Checking Monthly Fees

The Citi Priority checking account charges a $30 monthly service fee, but there are ways to get around it.

You can waive the fee if you:

  • Maintain a combined average monthly balance of $30,000+ in eligible linked deposit, retirement and investment accounts

Compare Checking Accounts

High-Yield Savings Account

With interest rates higher than the national average, the Citi® Accelerate High-Yield Savings account is a better way to save. But Citi charges a $4.50 monthly fee if you do not maintain at least $500 in the account.

Citi® Accelerate High-Yield Savings is only available in following states/territories: 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

Compare Savings Accounts

Bottom Line

You can open a Citibank account with your basic information and an initial deposit. Although the accounts have a monthly fee, you can waive them by meeting certain requirements.

References

  1. ^ Citi Security Center. Accessed 15 Sept 2021.
Citibank

Citi Priority Account - Earn up to $2,000 Cash Bonus

Expires 1/9/2023
  • Earn up to $2,000 cash bonus when you open a new eligible Citi Priority Checking Account with required activities
  • Within 20 days of opening, deposit the minimum amount of new-to-Citibank funds.
  • Maintain a minimum balance for 60 consecutive calendar days from the 21st day.
  • If your balance falls to a lower tier at any point during the maintenance period, the bonus changes.
  • Bonus will be paid within 30 days after you successfully complete all required activities.
Chase
Member FDIC

Chase Total Checking® - $200 Bonus

Expires 10/19/2022
  • New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account and set up direct deposit
  • Access to 16,000 Chase ATMs and more than 4,700 branches
  • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
  • Open your account online now
  • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
  • Chase Overdraft Assist℠ - no overdraft fee if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*

*With Chase Overdraft Assist℠, we won't charge an Insufficient Funds Fee if you're overdrawn by $50 or less at the end of the business day OR if you're overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end the next business day (you have until 11 PM ET (8 PM PT) to make a deposit or transfer). Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts.

TD Bank
Member FDIC

TD Beyond Checking - $300 Cash Bonus

Expires 10/31/2022
  • Earn $300 when you receive direct deposits totaling $2,500 or more within 60 days
  • Get more from your checking account. With TD Beyond Checking with Payback Plus, you'll earn interest and get reimbursed for non-TD ATM transactions, Overdraft Payback and more.
  • Monthly maintenance fee waived when you receive monthly direct deposits of $5,000 or more within a statement cycle, or maintain a minimum daily balance of $2,500, or a combined balance of $25,000 across eligible TD accounts.
  • TD ATM fees waived at any ATM and non-TD fees reimbursed when you keep at least a $2,500 daily balance
  • Get overdraft fees automatically reversed up to two times a year.
  • Get your money where it needs to go —fast— with Rush Bill Payments, Send Money with Zelle®, incoming wires and a reimbursement for one outgoing wire (domestic or international) per statement cycle.
  • TD checking accounts come with an instant-issue debit card - and, you can pay with confidence with contactless technology Visa Zero Liability protection and 24/7 fraud monitoring.
  • Monthly maintenance fee waived on one TD Simple Checking℠ account and any Savings accounts. Plus, get free standard check orders, money orders, official bank checks and stop payments.
HSBC Bank
Member FDIC

HSBC Premier Checking - $500 Welcome Deposit

Expires 2/15/2023
  • Receive a $500 Welcome Deposit for eligible new customers who open a new HSBC Premier checking account and complete the following qualifying activities.
  • Open your new HSBC Premier checking account online, using this offer page, by February 15, 2023.
  • Make recurring Qualifying Direct Deposits totaling at least $10,000 per month from a third party to your HSBC Premier checking account(s) for 3 consecutive calendar months from the second full calendar month after account opening.
  • You will automatically receive the $500 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities. It's that simple.
  • Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.
CIT Bank
Member FDIC

CIT Bank Savings Connect - 2.70% APY

  • Earn 15x the national average
  • $100 minimum opening deposit
  • No monthly maintenance fee

Donna Tang is a content associate at CreditDonkey, a bank comparison and reviews website. Write to Donna Tang at donna.tang@creditdonkey.com. Follow us on Twitter and Facebook for our latest posts.

Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

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.

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