Citibank

Citibank is the consumer division of one of the worlds largest investment banks Citigroup, which was founded in 1812. Citigroup is the 3rd largest bank in the United States

Citigroup is listed on the New York stock exchange.

Citibank provides a range of financial services including wealth management options, investment products, and multi currency banking options such as currency, savings and foreign currency deposits.

Their UK headquarters are in London.

Citibank
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Bank accounts

Ranked 18th of 30 providers reviewed.

Customer happiness score 73.23%
Customer trust score 69.19%
Complaints performance 58.69%
Transparency rating 56.18%
Fairer Finance score
Reviewed Autumn 2023
64%

Bank accounts

Foreign use bank accounts

Citibank

Citigold Current Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i 2% (Minimum £2, Maximum £5)
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Overdrafts

Citibank

Citigold Current Account

2 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £500.00
Arranged overdraft interest rate (representative EAR) i 9.9%

Savings Accounts

Easy Access Accounts

Citibank

Flexible Saver (Citigold clients)

Interest Rate (AER) i 2.02%
Balance Tiers i 2.02% from £1
Minimum Opening Balance i £1.00
Withdrawal Penalty i
Part of FSCS i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i Must have a Citigold current account
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 18
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Citibank

Flexible Saver (Citi clients)

Interest Rate (AER) i 2.02%
Balance Tiers i 2.02% from £1
Minimum Opening Balance i £1.00
Withdrawal Penalty i
Part of FSCS i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i Must have a Citi current account
Maximum Balance i £150,000.00
Minimum Age to Open Account i 18
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Citibank

Reward Saver (Issue 10) (Citi clients)

Interest Rate (AER) i 2.02%
Balance Tiers i 2.02% from £1
Minimum Opening Balance i £1.00
Withdrawal Penalty i No interest paid in months where a withdrawal is made
Part of FSCS i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i Must have a Citi current account
Maximum Balance i £150,000.00
Minimum Age to Open Account i 18
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Citibank

Reward Saver (Issue 10) (Citigold clients)

Interest Rate (AER) i 2.18%
Balance Tiers i 2.18% from £1
Minimum Opening Balance i £1.00
Withdrawal Penalty i No interest paid in months where a withdrawal is made
Part of FSCS i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i Must have a Citigold current account
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 18
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i