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Wells Fargo vs Citibank


 

Wells Fargo

Citibank

SPECIAL OFFER
Checking and Savings Account - $650 Bonus - Learn More

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SPECIAL OFFER
Citi Priority Package - $700 Bonus - Learn More

Read Citibank Review

 

Benefits and Features

Savings0.01% APY. Minimum opening deposit of $25. Monthly service fee of $5, unless you maintain a minimum daily balance of $300, or are under the age of 18.0.04% APY. No minimum deposit. $4.50 monthly fee unless you maintain an average monthly balance of $500.
CDStandard Term CD: 0.05% - 0.45% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Special CD: 1.15% - 1.60% APY. Terms of 9, 29, and 39 months. Minimum deposit of $5,000. Bonus of up to 1.65% APY if you maintain a linked Wells Fargo Prime/Portfolio Checking account.0.05% - 1.75% APY. Terms ranging from 3 months to 5 years. Minimum opening deposit is $1,000 in CA, and NV, $2,500 in MD, DC, VA, and FL, $500 in all other markets.
Money MarketAlso known as the Platinum Savings Account. 0.05% APY. Minimum opening deposit of $25. $12 monthly service fee, unless you maintain a minimum daily balance of $3,500. Bonus APY of 0.10% requires account linked to Portfolio by Wells Fargo® relationship.A.k.a 'Savings Plus' Account. 0.01% - 0.10% APY. Minimum opening deposit $100.
Customer ServiceAvailable 24 hours a day, 7 days a week.24/7 Live Customer Service (Telephone)
ATMsMore than 13,000 ATMs across the country.2400 ATMs across the country. Citibank also works at all MoneyPass ATMs, which means access to over 60,000 no-fee ATMs.
IRA CDStandard Term CD: 0.01% - 0.45% APY. Terms of 1 month to 114 months. Minimum deposit of $1,000. Special CD: 1.15% - 1.60% APY. Terms of 9, 29, and 39 months. Minimum deposit of $2,500. Bonus of up to 1.65% APY if you maintain a linked Wells Fargo Prime/Portfolio Checking account.Can convert an IRA to a regular CD account. 0.05% - 1.90% APY. Terms ranging from 3 months to 5 years. Minimum opening deposit is $1,000 in CA, and NV, $2,500 in MD, DC, VA, and FL, $500 in all other markets.
IRA Money Market0.03% - 0.05% APY. $100 minimum opening deposit.Can convert an IRA account to a regular Money Market account. 0.01% - 0.10% APY. Minimum opening deposit $100.
LocationsMore than 5,400 branches across the country.700 Citibank branches across 13 states (mostly in California and New York)
 

CreditDonkey® Reviews

Savings
CD
Checking
Customer Service
Mobile App
Pros & ConsPros:
  • Perks for high balance customers
  • Many fee-free ATMs
  • Global presence
Cons:
  • No free checking option
  • Higher balance requirements
  • Low savings APY
Bottom Line Read full reviewLarge national bank best for high balance customers... Read full review

Wells Fargo: Pricing information from published website as of 10/12/19 based on 91107 zip code.

Citibank: Pricing information from published website as of 10/18/2019.


Articles on Wells Fargo


Articles on Citibank

    Citibank Review

    Citibank offers credit cards and banking services. But service fees and balance requirements are on the high side. Is it the right bank for you? Keep reading to find out.

    Citibank Routing Number

    Looking to transfer money in or out of your Citibank checking or savings account? You'll need the right routing number. Find your Citibank routing number and learn about money transfers below.

Which Do You Think is Best?

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