Internet Banking is available with real-time transactions. The services offered are:
- account information 24 hours a day, 7 days a week;
- view and print balance summaries and account activity;
- pay bills;
- change address and personal details;
- transfer money to another Citibank account in the UK, Europe or India and free of charge;
- set up new payees and standing orders;
- transfer money to another UK bank;
- see or cancel direct debits;
- stop cheques;
- order new cheque/paying in books;
- open additional accounts;
- send messages to Customer Services;
- request a statement;
- download account information for use with Quicken or Microsoft Money.collapse
| Account Details | ||||
| Account Type | overdraft | overdraft | ||
| Card Type | Visa | The Citicard multi-function card comes with Delta payment facility. | ||
| Application Criteria | ||||
| Permanent UK Resident | yes | This product is only available to individuals who are permanent UK residents. | ||
| Existing Customer Only | no | This account is not available to existing customers only. | ||
| Minimum Monthly Credit | £1,500 | Overdraft and debit card are only available to persons with direct deposit of salary or regular monthly credits of at least £1500.00. | ||
| Minimum Age | 18 years | The minimum age is 18 years. | ||
| Minimum Income | £0 | There is no minimum income to open this account, although the facilities offered with the account (overdraft, cheque book, debit card etc.) will be subject to credit scoring. | ||
| Minimum Investment | £0 | There is no minimum investment required. | ||
| Student Bank Account | no | This is not a student bank account. | ||
| Graduate Bank Account | no | This is not a graduate bank account. | ||
| Facilities | ||||
| Internet Banking | yes | Internet Banking is available with real-time transactions. The services offered are: - account information 24 hours a day, 7 days a week; - view and print...expand | ||
| Branch Banking | yes | The account can be operated through a branch. | ||
| Telephone Banking | yes | Telephone banking is available with this account via the CitiPhone Banking service. This service is available 24 hours a day 365 days a year. Calls are...expand | ||
| Mobile Banking | no | Mobile banking is not available. | ||
| Package Current Account | no | no | ||
| Switching Service | yes | Citibank have put together an online process that makes moving an account to Citibank as simple as possible. Moving to Citibank should take less than 4...expand | ||
| Debit Card | yes | The Citicard multi-function card comes with Delta payment facility. | ||
| Maximum ATM Withdrawal | £1,000 | The maximum ATM withdrawal is £1000.00 at Citibank cash machines in Citibank Card banking Centres located in UK Citibank branches. | ||
| Cheque Book | optional | A cheque book is available only on request. | ||
| Additional Information | none | There is no additional information. | ||
| Rates | ||||
| Headline Interest Rate | 0.1% | The headline interest rate is 0.10% AER. | ||
| Reward Payment | £0 | No reward payment payable. | ||
| Overdraft | ||||
| Overdraft Facility | yes | An overdraft facility is available subject to status. | ||
| Interest Free Overdraft Limit | £500 | There is an automatic interest free overdraft of £500 on this account, subject to status. | ||
| Overdraft Buffer Limit | £0 | There is no overdraft buffer available, although there is an interest free overdraft of £500 available subject to status. | ||
| Standard Overdraft Rate | 13.9% | The Equivalent Annual Rate for authorised overdrafts is as follows:- £0 - £500 - 0% £501 - £10,000 - 13.9% £10,001 + -...expand | ||
| Monthly Overdraft Charge | £0 | There is no monthly charge for an authorised overdraft. | ||
| Automatic Overdraft Facility | £500 | There is an automatic interest free overdraft of £500 on this account, subject to status. | ||
| Overdraft Arrangement Fee | no | There is no overdraft arrangement fee. | ||
| Unauthorised Overdraft Rate | 29.8% | The Equivalent Annual Rate for unauthorised overdrafts is 29.8%. | ||
| Monthly Unauthorised Overdraft Charge | £0 | There is no monthly charge for an unauthorised overdraft. | ||
| Fee & Charges | ||||
| Monthly Charge | £0 | No monthly servicing charge. | ||
| Free Banking | yes | Free banking is available with this account. | ||
| Transaction Charge Europe | 2.75% | A conversion fee of 2.75% is charged for each transaction abroad. | ||
| Transaction Charge Worldwide | 2.75% | A conversion fee of 2.75% is charged for each transaction abroad. | ||
| Debit Card Charge Europe | 0% | No charge is made for debit card transactions abroad, other than the conversion fee which applies to all transactions abroad. | ||
| Debit Card Charge Worldwide | 0% | No charge is made for debit card transactions abroad, other than the conversion fee which applies to all transactions abroad. | ||
| ATM Withdrawal Charge Europe | £0 | No charge is made for withdrawing from Citibank machines worldwide, other than the conversion fee which applies to all transactions abroad. | ||
| ATM Withdrawal Charge Worldwide | £0 | No charge is made for withdrawing from Citibank machines worldwide, other than the conversion fee which applies to all transactions abroad. | ||
| Unauthorised Transaction Fee | £25 paid transaction fee | Any transaction (such as a cheque, standing order, direct debit) which Citibank pays because there are insufficient funds in the account to pay the item are charge at £25 per transaction. | ||
| Incentives | ||||
| Cashback | £0 | This incentive is not available with this account. | ||
| Account Promotions | yes | Commission-free foreign exchange and travellers cheques. Fee free global transfers to Citibank accounts. Instant interest on cheques - interest is paid...expand | ||
| Credit Card | no | This incentive is not available with this account. | ||
| Life Insurance | no | Life insurance is not offered with this account. | ||
| Commission Free Forex | yes | Commission-free foreign exchange and travellers cheques. | ||
| Mobile Phone Insurance | no | This incentive is not offered with this account. | ||
| Entertainment Ticket Discounts | no | This incentive is not available with this account. | ||
