Comments on: Citibank e-Savings Account – 4.75%

By: sam.billimoria

sam.billimoria — Thu, 04 Oct 2007 05:22:03 +0000

It is really frustrating to access my e saving account through your website .
there is so much junk poping up .

I am already an e-savings account holder and have been trying to get my balance. I just cannot access it.

Please tell me clearly (not just an automatic response ):
1. the exact adress of the website.
2. How can I register to access e-mail account.
3.what are the exact steps to take to access my account.
another frustrtion is you ask for card number instead of account number , which means you have to carry your card all the time.

I want to access this as soon as possible .

By: Montey King

Montey King — Thu, 01 Jun 2006 05:19:21 +0000

I have been using Citibank online for a few years now, and I have always made online transfers/withdrawals without any fee incurred to pay bills, etc. Specifically, I have recently transferred into an ING account with no $3 fee. I also called and checked into it, and the $3 fee does not apply with an online transfer such as this…

In any case, this new e-savings seems like a no-brainer and I plan to take everything out of the ING account and put it into my new e-savings.

On a separate note, Citibank’s online banking has been great — you can add virtually any payee and they will automatically send them a check –saving a miser such as myself from buying several year’s worth of stamps.

By: Kira

Kira — Wed, 31 May 2006 20:17:57 +0000

Why is everyone worrying about the transfer out fee? Transfer the money to your Citibank EZ Checking and then just write a check. I’ve been hit with too many issues because of the 3 business day transfer time from my HSBC to my Citibank checking….. I’m SO switching!

By: wujimon

wujimon — Wed, 31 May 2006 01:47:09 +0000

I called up the citibank folks and the rep told me the $1,500 minimum balance is across ALL accounts, including the E-Savings account. So, as long as you have at least that much in the savings, then it’s all good. I was a bit worried about this thinking I would need to have it in checking.

However, the $3 transfer out fee is kinda bad, but the instant access with a linked checking outweighs that, IMO.

By: York

York — Tue, 23 May 2006 19:06:37 +0000

Don’t worry about transfer out.
You can always use other bank’s transfer in to withdraw money.
The 1500 minimum can be waived if you have two bill payment.
You can set up automatic bill payment and avoid the fee.

By: jim

jim — Sat, 20 May 2006 12:11:03 +0000

I think $500 minimum is hardly any issue but that also prevents you really from moving that final $500 out of the account to another, higher rate.

By: Darryl

Darryl — Sat, 20 May 2006 05:13:07 +0000

So because of Citi’s $3 to transfer out policy, I’m thinking of instead going with GMAC Bank’s Money Market, also currently offering 4.75%. They have a $500 minimum though, but no fees to move money in or out.

By: Darryl

Darryl — Fri, 19 May 2006 21:39:56 +0000

One downside to the Citibank e-Savings is that if, somewhere down the line, somebody leapfrogs Citi and offers > 4.75%, Citibank charges you $3 to transfer money out.

That’s why my finger is still hovering over the trigger before I transfer everything out of HSBC (which recently bumped from 4.5% to 4.65%) over to Citi.

By: Amanda

Amanda — Fri, 19 May 2006 15:59:39 +0000

Hmm … this might be enough to incite me to move my $ from ING!

By: CK

CK — Wed, 17 May 2006 19:27:04 +0000

No problemo.