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Old 08-31-2007, 03:09 PM
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poundwise poundwise is offline
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Citibank is quite confusing.



They are still offering, through one link, an account called an e-Savings. This account must be linked with a Citibank e-Checking and, at present, offers a 4.75% APY.

They are also offering an account called the Ultimate Money Account which pays a higher rate, 5.00% APY, but comes with a lengthy stipulation: "To qualify for the higher rate, you must make at least two electronic bill payments, through Citibank® Online, Citi Mobile(SM) or Citiphone Banking®, from your linked checking account during the calendar month preceding the statement cycle date." Also, if you actually click to apply for this, the next screen says that you are applying for a Citibank EZ Checking account with Citibank Ultimate Money account.




Citibank's current, stand-alone, online savings offering is called Ultimate Savings. At a current rate of 4.75% it has no minimum balance requirement and no fees, if held as a stand-alone account This is the one that is listed on the summary post.

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