Citi bank rules with new account

Here are some common rules and requirements for opening a new account at Citi Bank:

Eligibility:

• You must be at least 18 years old (19 in Alabama and Nebraska) to open a personal account.
• You must have a valid government-issued ID, such as a driver's license, state ID, or passport.
• You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).

Account Types:

• Citi offers a variety of personal accounts, including:
  • Checking accounts (e.g., Citi Priority Account, Citi ThankYou Account)
  • Savings accounts (e.g., Citi Savings Account, Citi High Yield Savings Account)
  • Money Market accounts
  • CDs (Certificates of Deposit)
  • IRAs (Individual Retirement Accounts)

Minimum Balance Requirements:

• Some Citi accounts may require a minimum opening deposit, which can vary depending on the account type.
• Some accounts may also require a minimum daily balance to avoid monthly maintenance fees.

Fees:

• Citi may charge various fees, such as:
  • Monthly maintenance fees (e.g., $25-$30 per month)
  • Overdraft fees (e.g., $35 per item)
  • ATM fees (e.g., $2.50 per transaction)
  • Wire transfer fees (e.g., $15-$30 per transaction)

Account Limitations:

• Some Citi accounts may have limitations on the number of transactions you can make per month, such as:
  • Debit card transactions: 6 per month
  • Checks: 50 per month
  • Online banking transfers: 6 per month

Identification and Verification:

• Citi may require additional identification and verification information, such as:
  • Proof of income or employment
  • Proof of address
  • Identification documents (e.g., passport, driver's license)

Online Account Opening:

• Citi allows you to open an account online, but you may need to visit a branch or call customer service to complete the process.
• You will need to provide required identification and verification information online.

Branch and ATM Access:

• Citi has a large network of branches and ATMs across the United States and around the world.
• You can use Citi's online banking and mobile banking apps to find nearby branches and ATMs.

Customer Service:

• Citi offers customer service support through phone, email, and online chat.
• You can contact Citi customer service to ask questions, report issues, or request assistance with your account.

Please note that these rules and requirements are subject to change, and you should always check with Citi Bank or their website for the most up-to-date information.