Aaron is an avid global traveler and miles and points enthusiast. In addition to writing for Forbes.com, Aaron is a full-time professional advisor to Fortune 500 companies at a global consulting firm.
Most of the big banks (see Bank of America, Citibank, Chase) pay a paltry return, usually around 0.01%. For someone who has $10,000 in savings, that’s a return of ONE DOLLAR per year.
and specifically detailed stories of two New York Citi customers whose life savings — $35,000 and $40,000, respectively — were stolen by scammers and never reimbursed by the bank. In its motion to ...
There is no minimum deposit to open a savings account, and the monthly maintenance fee can be waived by having another account with Citibank or by maintaining an average minimum balance of $500.
Compared to online banks, Citibank CDs aren’t the best around in terms of interest rates. Rates for many of the bank’s CDs ...