Business Savings Account

Prepare for the unexpected by putting away excess cash in a Business Savings account*.

Open An Account

Balance and Fees

With no required minimum balance to open an account, you can start saving today.

Any amount

There is no minimum balance to open your account.

$4.99 Monthly Maintenance Fee

Waived with $500 average daily balance. Account will automatically receive a fee waiver on the first 4 monthly maintenance fees.

Business Savings Account - Interest Rates

Balance APY
$0 - $999.99 0.01%
$1,000 - $2,499.99 0.01%
$2,500 - $9,999.99 0.01%
$10,000 - $24,999.99 0.01%
$25,000 - $49,999.99 0.01%
$50,000 - $74,999.99 0.01%
$75,000 - $249,999.99 0.01%
$250,000 - $999,999.99 0.01%
$1,000,000+ 0.01%

Features and Benefits

Make saving easy by setting up automatic transfers from your Business checking account.

Citizens Mobile Deposit®

With our Citizens mobile app**, you can easily deposit checks1 from your mobile device.

Account Management Tools

Track payments, pay bills, transfer funds, and stay on top of your finances with online access and a single view of all your accounts. Business owners have the ability to set up multiple users with varying levels of security access. Timesaving eBills keep your billing cycle running smoothly, allowing you to send bills electronically to eligible vendors and suppliers and set up automatic alerts and payments.**

Savings Overdraft Transfer

Prevent overdrafts by automatically transferring funds to your checking account before it becomes overdrawn.

With Savings Overdraft Transfer, your checking account is linked to your savings account. Funds are automatically transferred from your savings account to cover your ATM withdrawals, debit card purchases, checks, and online bill payments when you don't have the necessary available balance in your checking account.

There is no fee for the Savings Overdraft Transfers.

Business Savings Account Frequently Asked Questions

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

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

Depending on the type of your business, you may need different materials to open your account. Visit our opening a business account checklist to get started.

Fees and Features Guide

Account Agreement

© Citizens Financial Group, Inc. All rights reserved. Citizens Bank, N.A. Member FDIC

* This account has a variable rate APY (Annual Percentage Yield) subject to increase or decrease daily without notice. Rates are not tied to an index and are subject to change at the bank's discretion. Recently, existing customers in a similar account have seen their rate decrease over time. Fixed-rate certificates of deposit are also available for customers who prefer the predictability of a fixed rate of return. Other fees may apply. Fees may reduce earnings.

** Wireless carrier, text and/or data charges may apply.

1 Mobile Deposit account eligibility requirements, deposit limits and other restrictions may apply.