Citibank review: variety of accounts, global ATMs - Business Insider

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Choose a Citibank 'package,' which determines the terms of your checking and savings accounts

: This 30-month CD increases your rate every 10 months. Currently, the Step Up CD rate is higher than the Fixed Rate CD rate for a 30-month term, plus your rate will increase over time. However, if you want a CD with a term length other than 30 months, you'll need to choose another type of CD.: Fixed Rate CDs and Step Up CDs charge a fee if you withdraw funds before your term ends. With a 12-month No Penalty CD, you can withdraw early without being penalized.

It's nice that Citibank offers three types of CDs, but you can find higher rates with other banks, especially online banks. Some of these banks also offer their equivalent of some or all of Citibank's types of CDs.Citibank is a national bank with 690 branches sprinkled around the US, including in California, Connecticut, Florida, Illinois, Maryland, Nevada, New Jersey, New York, South Dakota, and Virginia, Washington DC, and Puerto Rico.

Citibank offers five types of checking accounts and two types of savings accounts. Citibank groups its accounts into "packages," so you can have one checking and savings account in a package. Although there are technically only two savings accounts, the terms of your savings account depend on which package you choose.Some of Citibank's terms depend on where you live.

Citibank's customer service is available 24/7 over the phone, and you can chat online from 6:00 a.m. to 10:00 p.m. ET. The bank also has an easy-to-use mobile app, which has 4.9 out of 5 stars in the Apple store and 4.6 stars in the Google Play store.

 

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