I've got some auto deposits there, and the safe deposit box may still be useful.įor overseas, no fee transactions, I use Schwab's debit card and my local credit union's credit card. There is a recent thread concerning the various complaints and general decline at Citi.įor now I'm staying with them. This probably won't help you, but I was also downgraded from Citi Gold to Priority. Look forward to hearing what other Bogleheads do. If I go with something else, what's a good alternative to banking with this level of benefits? Is it worth consider these online-only bank accounts (Wealthfront, etc) with the higher FDIC insurance, etc, or is that just a gimmick covering up a less reliable/trustworthy company? If I stick with Citi, what's the Bogleheads opinion on Citi Wealth Management for self-directed buy-and-hold of ETFs? Are there any gotchas I need to be aware of? Since I don't trust them like I trust Vanguard. Wealthfront, Robinhood Cash, etc), and then there's the more 'traditional' competitors to Citi Priority/Gold like HSBC Premier, Chase Sapphire Checking, etc. Schwab), others offer higher savings yields and FDIC insurance (e.g. I know lots of online banks offer no foreign exchange fees and ATM rebates (e.g. (b) Forget about Citi, find these banking benefits elsewhere. I could park $50k in there and buy an ETF that doesn't overlap with my external investment accounts (for tax loss harvesting, avoiding wash sales). (a) Open a Citi Wealth Management account, which counts towards Priority/Citigold qualification and offers free ETF trades. I'm debating whether to keep $50k tied up with Citi for these benefits or look elsewhere. adding travel notification on ATM card) require talking to live people vs self-serve online. I use a higher yield online-bank savings for my emergency fund due to the low savings and CD rates at Citi.Ī few things I dislike about Citi: phone support has gone down the drain for Citi Priority customers (it's now the same as a standard checking account), their technology is very old and clunky (website, etc), lots of basic requests (e.g. 'Householding' allows me to share same benefits with my spouse's individual Citi accounts, and combined balances count towards Citi Priority minimum requirements

Maximum ThankYou points per year: ~$135 valueĤ. No foreign exchange fees on ATM withdrawals abroadģ. I only use them for checking and savings, and keep the bare minimum $50k to get the Priority benefits and avoid the monthly fee. I'm in a major metro area and been banking at Citi for the last ~10 years, previously as Citigold until they downgraded anyone with $50k-$199k to Citi Priority.

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