What is a savings account?

Savings accounts are a great solution for customers with a specific need or goal even if they also have a Money Market or CD. They allow customers to designate funds in individual accounts for a specific goal separate from their checking account. Common goals include; an emergency fund for unexpected expenses, vacation savings, holiday savings, home improvements, taxes, and saving for a new car among others. Read more about savings accounts and how they work.

How do I open an account?

Depending on your preference, you can apply for a Citizens savings account online, over the phone, or at any Citizens branch. To apply online, just select the appropriate link from the top of this page and find the account you wish to open. You will then see instructions about applying online.

What is the minimum deposit to open a savings account?

You may open a Citizens savings account with any amount. Take advantage of all the seamless tools and benefits to help maintain your financial goals and balances.

Annual Percentage Yield (APY) expresses an annual rate of return taking into account the effect of interest compounding.

Are there any transaction limits on a savings account?

Citizens does not limit transactions, including withdrawals, on savings accounts. Please refer to the Fees and Features Guide for additional information.

How do I sign up for Citizens Savings Tracker?

All you need to get started is an eligible Citizens Personal Savings or Money Market Account. If you want to take advantage of Round Ups†, you will also need an eligible Citizens Personal Checking Account. Download the Citizens Mobile Banking App† and register for mobile banking Select the "Financial Wellbeing" section in the app's menu and create a goal Discover more benefits of Citizens Savings Tracker®.†

Citizens Savings Accounts

Start saving for the life you deserve.

With Citizens Savings Tracker®^† you can set and track your goals, enroll in automatic transfers, Round Ups^† to your debit card transactions and more.

One Deposit Savings from Citizens®

A simple solution for everyday banking.

Citizens Quest® Savings

A relationship account with extra features, without extra fees.

Citizens Private Client® Savings

Higher savings rates, fewer fees, and a personalized plan to help you work toward your financial goals.

See rates.

Safety and security

Bank securely with 24/7 fraud monitoring and FDIC insurance.^†

Personalized guidance

Would you like more details from one of our bankers? Schedule an appointment.

Waive monthly maintenance fees

We provide simple ways to waive your monthly maintenance fees.

^† For additional information, please click the ^† symbols throughout this page to view our deposits disclosures.

Citizens offers personal savings accounts in the following states: CT, DC, DE, FL, MD, MA, MI, NH, NJ, NY, OH, PA, RI, VT or VA