Additional information of Citi Savings Account
Citibank's Citi Savings account currently offers a yield of 0.12% APY, for any package you have contracted with the bank.
Although this account is a savings account and has limited operations, it also allows paper checks to be issued to make payments. In addition, you will not have to make an initial minimum deposit to be able to contract it.
With it, you can contract Citibank's Safety Check service, which covers overdrafts that occur in the linked checking account, automatically transferring balance from this account.
If you do not have a linked checking account, you will have to pay a monthly fee of $4.50, which you can also avoid if you maintain an average balance of $500.
With the Auto Save option you can order automatic transfers every month from other accounts, be they from Citibank or from another entity.
En español: Cuenta de Ahorros Citi