Explore the Citibank Savings Plus Account
An interactive guide to understanding the benefits, rates, and features. Discover how this account can help you grow your savings with competitive interest rates and flexible access to your funds.
Key Features & Benefits
This section outlines the primary advantages of the Citibank Savings Plus account. Click on each card to learn more about how these features work together to provide a comprehensive savings solution, from earning higher interest to managing your money with ease.
Competitive Interest Rates
Earn a competitive Annual Percentage Yield (APY) that helps your money grow faster than a traditional savings account. Rates are tiered based on your balance.
Waivable Monthly Fees
The low monthly service fee can be easily waived, making it a cost-effective way to save. Meet simple requirements to avoid the fee.
Broad ATM Access
Access your cash with ease from over 65,000 fee-free ATMs nationwide, providing convenience wherever you are.
Digital Banking Tools
Manage your account 24/7 with the Citi Mobile® App and online banking, featuring mobile check deposit, real-time transfers, and more.
FDIC Insurance
Your deposits are FDIC-insured up to the maximum allowable limit, giving you peace of mind that your savings are protected.
Relationship Tiers
Unlock additional benefits and higher rates by qualifying for Citi Relationship Tiers based on your combined monthly balance across accounts.
Potential Earnings Calculator
Curious how much you could earn? This interactive calculator helps you visualize your potential savings growth. Adjust the slider to select a deposit amount and see an estimate of your annual interest earnings based on the account's tiered APY structure. This tool demonstrates how higher balances can accelerate your savings.
Calculation Results
Fee Structure
Understanding potential costs is key to smart saving. This section provides a transparent breakdown of the fees associated with the Citibank Savings Plus account. Use the toggle below to see the simple conditions for waiving the monthly service fee, ensuring you can maximize your savings without unnecessary costs.
Monthly Service Fee
$4.50The monthly fee is waived if you meet either of these conditions in a calendar month:
- Maintain an average monthly balance of $500 or more.
- An owner of the savings account also owns a linked Citibank Regular or Access Checking account.
Other Potential Fees
While the monthly fee is the most common, other service fees may apply. These are often waived for customers in higher Relationship Tiers (Citi Priority, Citigold).
- Non-Citi ATM Fee (Domestic): $2.50
- Foreign Exchange Fee: 3.00%
- Official Check Fee: $10.00
- Stop Payment Request: $30.00
How It Compares
See how the Citibank Savings Plus account stacks up against the competition. This chart compares the typical APY of this account with the national average for traditional savings accounts and high-yield savings accounts (HYSAs). This comparison helps illustrate its position in the market, offering a rate significantly better than traditional banks while remaining competitive.
Frequently Asked Questions
Here you'll find answers to the most common questions about the Citibank Savings Plus account. This section clarifies how the account works, from interest calculation to withdrawal limits, providing the details you need to make an informed decision. Click on any question to expand the answer.