Full product details for the Citi Plus Account current account, including account details, application criteria, facilities, rates, overdraft, fee & charges, incentives, student & graduate incentives and business accounts.
from 6 ratings
6 customers rated their Citi current account as 3.6 out of 5 in our 2010/2011 Consumer Finance Awards.
If you use an overdraft limit of £1,200 the interest rate charged will be 16.9% EAR (variable).
Account Type
overdraft
Monthly Charge
£0
There is no monthly service charge.
Minimum Monthly Credit
£1,800
A minimum of £1800.00 must be credited to the account and 2 Direct Debits paid from the account each month or an average monthly balance of £20,000 (or currency equivalent) or more across the customer's current and savings accounts with Citibank International plc must be maintained: if these criteria are not met a monthly fee will be charged.
Interest Free Overdraft Limit
£500
There is an automatic interest free overdraft of £500 on this account, subject to status.
Standard Overdraft Rate
16.9%
The Equivalent Annual Rate for authorised overdrafts is 16.9%.
Headline Interest Rate
0%
Not applicable - no credit interest is payable.
Reward Payment
£0
No reward payment payable.
Minimum Investment
£1
The minimum initial deposit is £1
Internet Banking
yes
Branch Banking
yes
The account can be operated through a branch.
Telephone Banking
yes
Account Promotions
yes
Worldwide holiday travel insurance included with this account. Fee free global transfers to Citibank accounts. Free foreign currency accounts available in 10 different currencies. Commission-free foreign exchange and travellers cheques
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Minimum Monthly Credit
£1,800
A minimum of £1800.00 must be credited to the account and 2 Direct Debits paid from the account each month or an average monthly balance of £20,000 (or currency equivalent) or more across the customer's current and savings accounts with Citibank International plc must be maintained: if these criteria are not met a monthly fee will be charged.
Minimum Contract Term
0 months
Not applicable.
Minimum Age
18 years
The minimum age is 18 years.
Maximum Age
Unlimited
There is no maximum age limit.
Minimum Income
£0
There is no minimum income to open this account, although a default monthly charge is payable if an average relationship balance of £20,000 is not maintained or the minimum monthly credit is not paid and 2 direct debits are not paid from the account in a month.
Minimum Investment
£1
The minimum initial deposit is £1
Maximum Investment
Unlimited
The maximum investment is unlimited. No cap on maximum balance.
Student Bank Account
no
This is not a student bank account.
Graduate Bank Account
no
This is not a graduate bank account.
Area Restrictions
none
There are no area restrictions.
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