How to Open a Citibank Account
Ad Disclosure: This article contains references to products from our partners. We may receive compensation if you apply or shop through links in our content. You help support CreditDonkey by using our links.
Opening a Citi bank account is easy. Take a look at what you'll need, plus find out how to earn a bonus
 |
Citi 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 bonus below.
How to Open a Citi Account
 |
You can
- 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.
Types of Accounts
Citi offers a few different bank account options. We'll focus on the details and promotions for their checking and high-yield savings accounts.
Phone: 1-888-248-4226
Online: Sign on to message, or use the mobile app
In person: Visit a Citi location near you
Checking Account
Checking with Enhanced Direct Deposit - $300 Cash Bonus
Earn a $300 cash bonus when you open a new eligible checking account with Enhanced Direct Deposit and complete required activities. Deposit at least two Enhanced Direct Deposits directly into your new checking account within 90 calendar days from account opening. Your total combined Enhanced Direct Deposit must equal $1,500 or more. Your cash bonus will be deposited to your open, eligible checking account within 30 calendar days after required activities have been completed.
Citigold® - Up to $2,500 Cash Bonus
Earn a $500 to $2,500 cash bonus when you open a new eligible checking account and complete required activities. Deposit the minimum amount of new-to-Citibank funds within 20 days of account opening. Maintain a minimum balance for 60 consecutive calendar days from the 21st day.
| Minimum Balance | Cash Bonus |
|---|---|
| $30,000 - $199,999 | $500 |
| $200,000 - $299,999 | $1,500 |
| $300,000 or more | $2,500 |
Citibank Business Checking - Up to $2,000 Bonus
Earn up to $2,000 cash bonus with required activities. Open a new CitiBusiness (Analyzed), Streamlined, or Flexible Checking account. Mention this offer to a Citibank Business Specialist. Within 20 calendar days following account opening, make one or more deposits in new-to-Citibank funds to meet the Qualifying Balance. Maintain the required Qualifying Balance for 60 consecutive calendar days after the Qualifying Balance level is met during the initial 20 calendar day funding period.
| Qualifying Balance | Bonus |
|---|---|
| $5,000 - $19,999 | $300 |
| $20,000 - $99,999 | $750 |
| $100,000 - $199,999 | $1,500 |
| $200,000 or more | $2,000 |
Compare Checking Accounts
U.S. Bank Smartly® Checking and Standard Savings - Up to $700 Bonus
Earn up to $500 with a new Bank Smartly Checking account. Complete the following within 90 days of account opening:
- Enroll in online banking or the U.S. Bank Mobile App
- Make two or more direct deposit(s) totaling $3,000 to $4,999.99 to earn $100, $5,000 to $9,999.99 to earn $300 or $10,000 or more to earn $500
Earn up to $200 with a new Standard Savings account.
- Make new money deposit(s) totaling $15,000 or more by July 17, 2024
- Maintain that balance until October 31, 2024
Offer may not be available if you live outside of the U.S. Bank footprint or are not an existing client of U.S. Bank or State Farm.
BMO Smart Advantage Checking - $250 Cash Bonus
Open a new BMO Smart Advantage Checking account and get a $250 cash bonus when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening. Offer is limited to one per customer and is not available for existing BMO personal checking customers (including signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Conditions apply.
Bank of America Advantage Banking - $200 Bonus Offer
- The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
- The offer is for new checking customers only.
- Offer expires 5/31/2024.
- To qualify, open a Bank of America Advantage Banking account through the promotional page and set up and receive qualifying direct deposits totaling $2,000 or more into that new account within 90 days of opening.
- Bank of America will attempt to pay bonus within 60 days.
- Additional terms and conditions apply. See offer page for more details.
- Bank of America, N.A. Member FDIC.
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 - 4.45% APY
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
Compare Savings Accounts
High-Yield Savings Premier - 5.36% APY
- No account activity or maintenance fees
- $500 minimum opening deposit
- FDIC insured
CIT Bank Platinum Savings - 5.05% APY
- 5.05% APY with a balance of $5,000 or more
- 0.25% APY with a balance of less than $5,000
- $100 minimum opening deposit
- No monthly maintenance fee
- Member FDIC
UFB Secure Savings - Earn up to 5.25% APY
- Earn up to 5.25% APY*
- No monthly maintenance fees
- No minimum deposit required to open an account
- Access your funds 24/7 with easy-to-use digital banking tools
Bottom Line
You can open a Citibank account with your basic information and an initial deposit.
References
- ^ Citi Security Center. Accessed 15 Sept 2021.
Chase Total Checking® - $300 Bonus
- New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
- Access to more than 15,000 Chase ATMs and more than 4,700 branches
- Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
- JPMorgan Chase Bank, N.A. Member FDIC
- 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 fees 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*
Bank of America Advantage Banking - $200 Bonus Offer
- The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
- The offer is for new checking customers only.
- Offer expires 5/31/2024.
- To qualify, open a Bank of America Advantage Banking account through the promotional page and set up and receive qualifying direct deposits totaling $2,000 or more into that new account within 90 days of opening.
- Bank of America will attempt to pay bonus within 60 days.
- Additional terms and conditions apply. See offer page for more details.
- Bank of America, N.A. Member FDIC.
U.S. Bank Smartly® Checking and Standard Savings - Up to $700 Bonus
Earn up to $500 with a new Bank Smartly Checking account. Complete the following within 90 days of account opening:
- Enroll in online banking or the U.S. Bank Mobile App
- Make two or more direct deposit(s) totaling $3,000 to $4,999.99 to earn $100, $5,000 to $9,999.99 to earn $300 or $10,000 or more to earn $500
Earn up to $200 with a new Standard Savings account.
- Make new money deposit(s) totaling $15,000 or more by July 17, 2024
- Maintain that balance until October 31, 2024
Offer may not be available if you live outside of the U.S. Bank footprint or are not an existing client of U.S. Bank or State Farm.
HSBC Premier
Start an HSBC Premier relationship today. Premium banking with local and global benefits. Plus, access to wealth solutions offered through HSBC Securities, (USA), Inc.
Online Savings Account - Earn 4.25% APY
- No fees
- No minimum opening deposit
- No minimum balance required
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.
|
|
| ||||||
|
|
|
Compare:
