Citibank has one of the largest ATM networks in the United States, with over 65,000 ATMs that are free to use for all customers regardless of account level.

This article will detail Citibank's account opening thresholds, minimum deposit requirements, required documents and account opening process.

Citibank Account Opening Requirements

The basic requirements for opening a Citibank account are as follows:

• Must be at least 18 years old
• U.S. citizen or resident
• Have a valid U.S. address

Main Citibank Checking Accounts

Citibank offers several checking accounts, each accompanied by a savings account. The following are the fees and related information for accounts in the New York area:

• Access Account: Monthly fee of $10, non-Citibank ATM fee of $2.5, online wire transfer fees: incoming $15, outgoing $35 (USD), other currencies waived.
• Basic Banking: Monthly fee of $12, non-Citibank ATM fee of $2.5, online wire transfer fees: incoming $15, outgoing $35 (USD), other currencies waived.
• Citibank® Account: Monthly fee of $25, non-Citibank ATM fee of $2.5 (waived if minimum balance requirement is met), online wire transfer fees: incoming $15, outgoing $35 (USD), other currencies waived.
• Citi Priority Account: Monthly fee of $30, no non-Citibank ATM fee, online wire transfer fees: incoming waived, outgoing $25 (USD), other currencies waived.
• Citigold® Account: No monthly fee, no non-Citibank ATM fee, online wire transfer fees: incoming and outgoing waived.

Citibank Minimum Deposit for Account Opening

The above accounts do not have a minimum deposit requirement, but if the account balance reaches the following standards, the monthly fee (up to $30) can be waived:

• Access Account: Account balance must reach $1,500.
• Basic Banking: Account balance must reach $1,500.
• Citibank® Account: Account balance must reach $10,000.
• Citi Priority Account: Account balance must reach $30,000.
• Citigold® Account: Account balance must reach $200,000.

Additionally, holders of Access Account and Basic Banking accounts can also enjoy a fee waiver by making one direct deposit or one qualifying bill payment per month.

Citibank Account Opening Documents

The documents and information needed for online account opening are:

• Personal identification information
• U.S. address
• Social Security Number
• U.S. tax certification (if applicable)

Citibank Account Opening Process

You can quickly open a checking account on the Citibank website. The steps are as follows:

1. Log on to the Citibank website and enter your postal code.
2. Compare different checking accounts, choose the type of account to open, and decide whether to include a savings account.
3. Fill out the online application form, including personal information, identity verification, and employment details.
4. Set up online login information and agree to the bank’s terms.
5. Complete the account opening process and make an initial deposit to meet the fee waiver conditions.
6. Citibank will then mail your card to your address.