Citibank Direct eSavings

Probably most known for their credit card products, Citibank is also a full service bank, both online and off. Citibank Direct eSavings is a money market account offered through Citibank,. Money saved in a Citibank Direct eSavings account is rewarded with 4.75% APY, and when it's connected with your Citibank checking account, the account has all the benefits of Citibank online!  You can view your statements online, pay bills directly from your account, receive free wireless alerts and online fraud protection.

Citibank Direct eSavings Account Details

You can participate in the Citibank Direct eSavings account if you don't have a Citibank checking account by connecting any of your other bank accounts, however, it is highly recommended that you obtain a Citibank checking account in order to take advantage of the relationship banking offers members holding both accounts receive.  You can visit www.citibank.com to start the online applicaton process for both the checking account and eSavings account.  You must be a US resident, age 18 or older, have a driver's license or state ID, and a valid email address to apply.

With both a checking account and eSavings account with Citibank, you can receive an Atm card that allows you to take money out of your savings or checking account, and you receive instant, real-time transfers of money so that you can leave it in your eSavings to earn interest until you need it.  (Other online savings accounts take 2-3 business days to transfer funds between accounts!)

There is no minimum amount required to open an eSavings account, and the first deposit must be made by check from the bank you are connecting with your account.  After the first deposit, you can transfer money from one account to the other, or make a deposit at any Citibank ATM or bank branch.  The ATM card can be used at any ATM with the Cirrus or Maestro logos, and you can shop using your card anywhere that accepts the MasterCard.

Your deposits in the Citibank Direct eSavings account are insured by the maximum limits allowed by the FDIC.

Already Have a Citibank Checking Account?

If you already use Citibank as your checking account provider, you can simply log into your account online and click on "open account".  From there, you can quickly and easily open an eSavings account that will automatically be linked to your Citibank checking account to give you all the benefits of relationship banking.

For more information, visit www.direct.citibank.com.