Citibank Review 2026
Citibank is the consumer division of Citigroup, offering a wide range of financial products and services including banking, credit cards, mortgages, and wealth management. Known for its global presence and premium banking tiers.
Founded
1812
Headquarters
New York, NY
Total Assets
$1.7 trillion
Branches
650+
BankingDeal Rating
Based on rates, fees, features, and customer satisfaction
3.9
out of 5.0
Rates & Fees
| Product | Rate / Fee |
|---|---|
| Savings APY | 0.01% |
| 12-Month CD APY | 4.55% |
| Checking Monthly Fee | $12 |
Rates shown are for illustration. Verify current rates directly with Citibank.
Products Offered
Pros & Cons
Pros
- +Global banking presence
- +Competitive CD rates
- +ThankYou Rewards program
- +Strong premium banking tiers
- +No-fee ATM access worldwide with Citi Gold
Cons
- -Smaller branch network than competitors
- -High minimum balances for premium accounts
- -Basic accounts have limited benefits
- -Customer service varies by region
Our Verdict
Citibank is a decent option for those who value 650+ branch locations and a full suite of banking products. Global banking presence, making it worth considering in the traditional banking space. While savings rates at 0.01% are lower than online competitors, the convenience of branch access and comprehensive product offerings may offset this for many customers.
Related Resources
Frequently Asked Questions
Is Citibank a good bank?
Citibank has a rating of 3.9/5 on our scale. Global banking presence. However, smaller branch network than competitors. Whether it is right for you depends on your specific banking needs and priorities.
What is the savings account APY at Citibank?
Citibank currently offers a savings APY of 0.01%. Online banks may offer higher rates, though Citibank provides other benefits like branch access. Rates are subject to change. Verify current rates directly with Citibank.
Does Citibank charge monthly fees?
Citibank charges a $12 monthly maintenance fee on its standard checking account, though this can often be waived by meeting certain requirements such as maintaining a minimum balance or setting up direct deposit.
What products does Citibank offer?
Citibank offers Checking Accounts, Savings Accounts, CDs, Credit Cards, Mortgages, Personal Loans, Wealth Management. Services are available online, through the mobile app, and at 650+ branches nationwide.
Where is Citibank headquartered?
Citibank is headquartered in New York, NY. Founded in 1812, Citibank, N.A. has grown to manage $1.7 trillion in total assets. It operates 650+ branches.