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How to Open a Checking Account

A checking account is a great place to keep your money for everyday banking. The right checking account can help protect you against fraud, insure your money through the FDIC, and let you easily bank from your phone or computer. Keeping your in a checking account can be a good way to protect and manage your money.

Choosing and applying for the right checking account is a matter of considering what your priorities are when it comes to the way you bank. Do you want a branch right next door, or the best mobile app? How much money do you plan to keep in your account? In this article, we'll show you how to open the right checking account for you.

What is a checking account?

A checking account is a deposit account at a bank or other financial institution that is the ideal place for daily banking transactions. Checking accounts are designed for regular deposits, withdrawals and transfers, as they do the day-to-day business of banking.

Can I open a checking account online?

You can open a checking account online with Citi in minutes. You just need to provide basic information such as your address and social security number and, most importantly, choose which checking account you'd like to open.

How to open a checking account

Opening a checking account is simple. Whether you want to go through the process online or in person, just follow these simple steps.

Fill out your application

Online or in person, filling out an application for a checking account is simple. You'll need to provide some personal identifying information which may include your name, address and social security number to verify your identity, age and can provide certain U.S. tax forms and certifications.

Deposit an initial amount

You don't need a minimum deposit to open any checking account with Citi, but you may with other banks. Even if it's not required, funding the account and maintaining a certain balance can help you avoid account maintenance fees and help get you started with using your checking account. Once your account is open, you may need to meet a minimum balance requirement to remain in certain checking packages and to avoid having your account closed depending on your Citi banking package.

Open a checking account with Citi

Compare Citi's checking account options for every type of client here, and then apply for your checking account online today.

What do I need to open a checking account?

Before you open a checking account, you should be able to provide:

  1. Name
  2. Date of Birth
  3. Address
  4. SSN/TIN

Deposit products provided by Citibank, N.A. Member FDIC