Citizens
Online Savings Account - 3.70% APY
• Account may be set up for personal trusts.
• No fees.
• $5,000 minimum deposit.
• Citizens does not limit the number of withdrawals or transfers. Withdrawals will reduce earnings. Cash withdrawals are not permitted.
Fee and Feature Guide
|
Savings Account |
| Interest Rate |
|
| APY |
3.70% |
| Minimum deposit amount |
$1.00 |
| Maximum deposit amount |
N/A |
| Balance Requirements |
|
| Minimum Opening Deposit |
$5,000.00
|
| Minimum Balance to Avoid Fees |
$0.00 |
| Minimum Required Balance |
$0.00 |
| Minimum To Earn |
$0.00 |
| Fees |
|
| Monthly Maintenance Fee |
N/A |
| Foreign ATM Fees |
N/A |
| Insufficient Funds Fee |
N/A
|
| Incoming Wires |
N/A
|
| Statements |
|
| Paper Statements |
× |
| Online Statements |
Yes |
| Online and Telephone Banking |
|
| Online Banking |
Yes |
| Telephone Banking |
Yes |
| Mobile Banking |
Yes |
| Deposit Checks with Mobile Device |
Yes |
| Free Bill Pay |
× |
| Online Bill Payments Required |
Yes |
| Account Opening |
|
| Open Online |
Yes |
| Insured by |
F.D.I.C.
|
Pros
- Very competitive rates with no monthly transaction or maintenance fees.
- Citizens is one of the oldest and most established US financial institutions.
- Customers may open savings and CD accounts in the name of a trust.
Recent Rate Changes
|
Date
|
APY
|
|
December 23, 2024 |
3.70%
|
|
October 2, 2024 |
4.15%
|
Customer Reviews for Citizens (38)
james
November 18, 2023 |
bad bank hold your deposit over months without credit in your account, no interest, they don’t want pay you interest , they want your money with 0% interest.
Is this review helpful? Yes:4 / No: 0
yes, ma'am
October 18, 2023 |
Citizens is just a great CSR experience in every way imaginable (user interface, phone support, etc.) compared to any of these other places on this list. Also, a recognized and positive brand (at least throughout the northeast). I just renewed a 1-year CD with them and highly recommend. (Four 1/2 stars because I wish the rates were further towards to top of this table).
Is this review helpful? Yes:0 / No: 0
Dr. Bill N
January 18, 2023 |
The website is constantly down. I'll move all my accounts to a less recognized name with a better rate as that gives me fewer surprises like this.
Is this review helpful? Yes:1 / No: 0
biddysundance
September 1, 2022 |
updated review - The bank managed to finally provide the requested document listing the beneficiary after a number of calls. So will add a few stars. The website still needs some work to be more descriptive of the transfer information. It is pretty useless as all it has is generic info with no bank information listed under the source of the transfer. Pretty mediocre for a bank listed as having over 160 billion in assets.
Is this review helpful? Yes:1 / No: 0
CJ Regan
September 1, 2022 |
I'm only comfortable with banks whose names I recognize and among those 4 or 5 I have found Citizens consistently has the best rate in 2022. Also outstanding service. I will stick with this one over anything else on this site.
Is this review helpful? Yes:1 / No: 0
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