What are the requirements to open an account at Citigroup bank in the United States?

Citibank has many advantages, in addition to exclusive offers on entertainment

Citibank was founded in 1857 in New York and is one of the largest banks in the United States that not only has a presence in the American Union but also serves more than 110 million consumers with credit cards and other banking products in 19 countries worldwide.

Opening an account in the US becomes paramount when many employee payments are deposited into a bank account, but not all options are for everyone.

To open an account at Citibank you need to give:

  • Your personal information (name and date of birth)
  • Official identification (driver license, state or military identification)
  • Social Security number
  • Address
  • Email
  • Phone number
  • Work situation and income

The same requirements apply to open the account at a branch or via the internet through its portal onlince.citi.com.

Types of Citibank Checking Accounts

You can open any of the Citibank accounts, even the premium options, with $0 dollars, make use of their online banking, configure balance and payment alerts to your cell phone, exclusive entertainment benefits and the availability of your cash in their more than 60,000 fee-free ATMs across the US

1. Access Account

As its name implies, it is the most affordable checking account for customers who want to keep their money at Citibank. It has a $10 monthly fee that can be avoided by maintaining a combined average monthly balance of $1,500 in your accounts or by qualifying direct deposit. It also has no overdraft fees, since it only allows you to use funds from your own money, without worrying about spending more. If you withdraw money at an out-of-network ATM, you will be charged $2.5 plus owner bank fees.

2. Basic Banking

If you’re 62 or older, this may be the account for you, though anyone over the age of 18 can open one. It has a $12 monthly fee that is waived as long as you maintain a combined average monthly balance of $1,500, make a qualified direct deposit, pay qualified bills, or are age 62 or older. Being the simplest option of a checking account, you have unlimited issuance of them for what you need to pay. At that age, you also have the opportunity to pay no fee for withdrawing money at ATMs outside the network, other than the fees of the bank that owns the ATM you use. It has a $10 overdraft fee.

3. The Citibank Account

It is one of the first Citibank accounts that begins to offer you a return for leaving your money there with a standard 0.01% APY. It has a $25 fee that you can avoid with a $10,000 combined average monthly balance with other accounts at the same bank. It has the same $10 overdraft fee and no fee for withdrawing money from an out-of-network ATM, as long as you maintain your monthly balance.

Citibank also has premium quality accounts like Citi Priority that gives you the same benefits as above with 0.03% APY and avoiding its $30 fee by maintaining a monthly balance of $50,000, as well as Citigold that gives you many investment benefits, 0.03 % APY, no monthly fee, but maintaining a monthly balance of $200,000 between all your accounts.

For more information, you can call 1-800-745-1534.