Capital One vs Citibank
The two banks compared as banks: the charter, branches, checking, the other products they offer, their apps and their deposit rates. Each fact has its source and the date it was confirmed.
Choose Capital One or Citibank
Choose Capital One if
- You want checking with no monthly fee.
- The savings rate matters most. Capital One advertises the higher savings APY. That account has branch access only in 8 states and DC.
Choose Citibank if
- You want a mortgage from the same bank. Capital One does not offer one.
- You want an investment account from the same bank. Capital One does not offer one.
Capital One and Citibank compared
| Field | Capital One | Citibank |
|---|---|---|
| What each bank offers | ||
| Savings account | YesBanksparency rate data | YesBanksparency rate data |
| CDs | YesBanksparency rate data | YesBanksparency rate data |
| Money market account | None trackedBanksparency rate data | None trackedBanksparency rate data |
| Checking account | YesBank site, confirmed Sep 27, 2026 | YesBank site, confirmed Sep 27, 2026 |
| Credit cards | YesBank site, confirmed Sep 27, 2026 | YesBank site, confirmed Sep 27, 2026 |
| Personal loans | Yes, through the Discover brand ($2,500 to $40,000)Bank site, confirmed Sep 27, 2026 | YesBank site, confirmed Sep 27, 2026 |
| Mortgages | NoBank site, confirmed Sep 27, 2026 | YesBank site, confirmed Sep 27, 2026 |
| Investing | NoBank site, confirmed Sep 27, 2026 | YesBank site, confirmed Sep 27, 2026 |
| Deposit rates | ||
| Best savings APY | 3.20% APY. That account has branch access only in 8 states and DC.Advertised, newest reading Nov 11, 2026 | 0.05% APYAdvertised, newest reading Nov 11, 2026 |
| Best CD APY | 4.45% APY, 12 monthsAdvertised, newest reading Nov 11, 2026 | 4.25% APY, 12 monthsAdvertised, newest reading Nov 11, 2026 |
| Checking | ||
| Account compared | 360 CheckingBank site, confirmed Sep 27, 2026 | Regular CheckingBank site, confirmed Sep 27, 2026 |
| Monthly fee | NoneBank site, confirmed Sep 27, 2026 | $15Bank site, confirmed Sep 27, 2026 |
| How to avoid the fee | No fee to avoidBank site, confirmed Sep 27, 2026 | $250+ in Direct Deposits or other qualifying transactions each month, or a Citi Priority or Citigold relationship tier ($30,000+ combined average monthly balance)Bank site, confirmed Sep 27, 2026 |
| Overdraft fee | NoneBank site, confirmed Sep 27, 2026 | NoneBank site, confirmed Sep 27, 2026 |
| Zelle | YesBank site, confirmed Sep 27, 2026 | YesBank site, confirmed Sep 27, 2026 |
| Branches and ATMs | ||
| Branches | 238 branchesFDIC Summary of Deposits, June 30, 2026 | 661 branchesFDIC Summary of Deposits, June 30, 2026 |
| Fee-free ATMs | Capital One, MoneyPass and Allpoint, 70,000+Bank site, confirmed Sep 27, 2026 | Citibank branch ATMs, select retail ATMs and MoneyPass, 65,000+ fee-freeBank site, confirmed Sep 27, 2026 |
| Other banks' ATM fees | Not statedBank site, confirmed Sep 27, 2026 | No refundBank site, confirmed Sep 27, 2026 |
| Apps | ||
| App Store rating | 4.8 of 5Store listing, confirmed Sep 27, 2026 | 4.9 of 5Store listing, confirmed Sep 27, 2026 |
| Google Play rating | 4.5 of 5Store listing, confirmed Sep 27, 2026 | 4.8 of 5Store listing, confirmed Sep 27, 2026 |
| The bank behind it | ||
| Charter | Virginia · one of 56 insured banks chartered thereFDIC call report, Q2 2026 | South Dakota · one of 56 insured banks chartered thereFDIC call report, Q2 2026 |
| Size | 6th-largest by deposits of 4,238 insured banksFDIC call report, Q2 2026 | 4th-largest by deposits of 4,238 insured banksFDIC call report, Q2 2026 |
| Deposit growth | Higher than at 42% of 4,226 insured banks over the four quarters to Q2 2026FDIC call report | Higher than at 79% of 4,226 insured banks over the four quarters to Q2 2026FDIC call report |
“Not stated” means the bank’s own pages say nothing that answers the question. “Not confirmed yet” means no one has confirmed the fact against its source.
How each bank has moved its rates
Banksparency reads each bank’s rates every day. A bank that cuts often, or lets a promotion lapse to a lower rate, costs more over a year than its rate today shows.
Capital One
- 360 Performance Savings: 5 rate changes since Jan 21, 2026, 3 cuts and 2 raises.The last was on Oct 21, 2026, up 0.10 points.
- 12-month CD, the highest CD rate: 7 rate changes since Jan 21, 2026, 1 cut and 6 raises.The last was on Nov 6, 2026, up 0.45 points.
Citibank
- Citi® Savings Account: one rate change since Jan 21, 2026, 1 raise.The last was on Oct 29, 2026, up 0.02 points.
- 12-month CD, the highest CD rate: 9 rate changes since Jan 21, 2026, 2 cuts and 7 raises.The last was on Sep 15, 2026, up 0.10 points.
What each bank pays on deposits
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
Capital One
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Capital One paid a higher average rate on savings and money market deposits than 92% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
Each figure is that bank's own charter-level average across its whole deposit book, so the two are shown one after the other and are not a ranking.
Citibank
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Citibank paid a higher average rate on savings and money market deposits than 76% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
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