Capital One vs Citibank: Which is Better? (2024)

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Capital Oneoffers competitive rates on their savings account. Their interest checking has several overdraft options in cases of accidental overdraw. They also offer no minimum deposits or service fees.

Likewise, Citibank offers unique checking and saving account packages to help you achieve your financial goals. Through over 700 branches spread throughout the US, you will be able to take advantage of account services and features designed specifically for you. So how does Capital One compare to Citibank?

	Capital One	Citibank
Locations	Online Only	700 Citibank branches across 13 states (Mostly in California and New York)
ATMs	Over 39,000 no-fee Capital One & Allpoint ATMs	2400ATMs across the country. Also works at all MoneyPass ATMs
Savings	3.5/5	3/5
CD	5/5	3/5
Checking	4.5/5	3/5
Money Market	4/5	Not Eligible
Customer Service	4.5/5	4/5
Mobile App	4.5/5	4.5/5
Pros	Overdraft protection options No account minimums 27 Capital One cafes for in-person support	Perks for high balance customers Many fee-free ATMs Global presence
Cons	Lower savings APY compared to other online banks	No free checking option Higher balance requirements Low savings APY
Bottom Line	Good online bank with access to in-person support.	Citibank is offers credit cards and banking services, but it’s more geared towards people who have high balances in their deposit account.

Capital One Promotions

Capital One is an online bank and is currently offering a variety of checking, savings as well as investment accounts to meet your financial needs. Additionally, you will be able to utilize all the account features and benefits associated with your new account.

All Capital One 360 checking accounts come with these features:

• Online Banking:You can access your funds at anytime, anywhere in the world as long as you can access the internet.
• Financial Team:You can consult with a variety of experts to determine the best move for your money
• Mobile Banking & mobile deposits:With a tap of a finger, you can manage your money in the palm of your hand with any smartphone.

What to Open at Capital One

Keep your eye out on these great Capital One products:

• Consider opening aPerformance Savingsaccountonline to receive aninterest rate of 1.50% APY Rate on your funds.

Citibank Promotions

Citibank is currently offering a variety of checking, savings as well as investment accounts to meet your financial needs. Additionally, you will be able to utilize all the account features and benefits associated with your new account. Citi Checking accounts have reportedly been some of the best for low-fee ATM usage overseas.

One of the better perks is that Citibank accounts can be opened online nationwide. Additionally, all Citibank checking accounts offer free online banking, bill pay, and mobile deposits.

It comes to no surprise that you can earn more money when you have more money. That’s why we recommend Citibank is because they offer tremendous perks, preferred rates, and reward points when they can meet higher balance requirements.

If you can keep enough on deposit to open one of the Citibank Account Packages, you get perks such as:

• Opportunity to earn Citi ThankYou Rewards
• Free checkbook orders (how many free orders depends on which account you have)
• Option to earn interest on checking balance
• No Citi fee when using non-Citi ATMs
• Potential for higher interest rates on savings products
• Waived annual fee for Citi Personal Wealth Management investment account (for Citi Priority and Citigold customers)

Citibank Savings Accounts

Citibank offers traditional savings account and CD offers just like traditional banks. However, rates may vary by state and region, but you can still sign-up online.

• Citi Accelerate Savingsearns1.60% APY. There is no limit on earnings and no minimum opening deposit required to earn this amazing rate.

Conclusion

In conclusion, Capital One and Citibank both offer fantastic features, service and care for their customers. With a range of checking, savings as well as money market options, you will definitely find an account to personalize your banking experience.

For more variety of options, see our list of the best offers.