The simple savings account has a fixed rate, regardless of your account balance. One big difference? CitiBusiness Savings doesn’t let you write checks, while the money market account does.Īnother key difference is the interest rates. The CitiBusiness Insured Money Market Account and CitiBusiness Savings Account appear pretty similar: they share the same minimum deposit and monthly service fee, and both limit your access to your money to a handful of transactions each month. ![]() Most analyzed checking accounts work best for businesses with high account balances-and this one is no exception. You can use those earnings credits to offset fees, including transaction fees, cash deposit fees, and the monthly maintenance fees. Instead, you get earnings credits based on your account balance. ![]() Speaking of which, you’ll need an average account balance of $10,000 to waive the monthly service fee on this checking account.Īs the name suggests, CitiBusinesss Analyzed Checking is an analyzed checking account, which means you don’t get any freebies. But if you keep a high enough balance to waive the fee, this is the better deal. Of course, the monthly fee is also twice as much as the fee on the Streamlined account (in most states). The CitiBusiness Flexible Checking Account doubles the amount of free transactions and deposits you get. ![]() You can waive the monthly fee if you keep a $5,000 average monthly balance. It has the lowest monthly fee, and it comes with some (but not a lot of) free transactions and deposits. Despite what the clunky name might lead you to believe, the CitiBusiness Streamlined Checking Account is CitiBank’s most basic checking account-and the best choice for businesses that won’t keep a high minimum balance.
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