Senior couple drinking coffee in kitchen

Savings Options

On this page:
  • Find ways to save that are in line with your goals and needs
  • Teach children the importance of saving… with fun!
  • Open a new account in minutes
  • Stay connected to your money with Digital Banking


Different goals mean different ways to save.

 
Throughout your life, you’ll save money for many reasons. Sometimes the goal is short-term and specific, while other times, you’re looking years down the road. Tell us what you’re dreaming of, and we’ll help find a way to get you there.
When you're ready to open an account, start your account now or request an appointment to speak with a Personal Banker.

Advantage Savings Account

 
Sometimes, simple is good. With only $100 needed to open and a $100 minimum balance1, this straight-forward account is a great way to start saving. Free ATM Card available for cash withdrawals.2  
 

Classic Money Market Account

 
Make no sacrifices. With our Classic Money Market Account, your higher balance earns a higher rate of interest while you maintain full access to your money. $1,000 needed to open and $1,000 minimum balance.3
 

Certificates of Deposit (CD)

 
Maximize your interest earnings when you lock in a great rate for 6 months to 5 years. Our Flexible Add-On CD is an ideal option for those who are starting small but want to add more money in over time.4
 

Ca$h Savings Club Account

 
Get kids on the path to financial success with this fun savings account! $10 is all it takes to open an account and join this special club, with perks including a paw coin bank and rewards for making deposits! 
 
 

Health Savings Account (HSA)

 
Be ready for medical expenses with this tax-advantaged account that works in conjunction with your high-deductible health plan. Enjoy free checks and debit card access. $100 needed to open.
HSA Details

Individual Retirement Account (IRA)

 
Get ready for retirement by opening an IRA CD with as little as $100. Select a Traditional or Roth IRA, then pick a term between 6 months and 4 years. Make additional deposits at any time up to the annual IRS limit.5
 
 





1 Must maintain a $100 daily balance to avoid $1 maintenance fee per statement cycle.
2 Withdrawals at ATMs not owned by Citizens Bank will be assessed a $2 fee per transaction. Additional fees may be imposed by other ATM owners.
3 Must maintain a $1,000 daily balance to avoid $10 maintenance fee per statement cycle.
4 Minimum amount to open dependent on term. Subject to penalties for early withdrawal. Amount of penalty dependent on term. Ask for details.
5 Penalties apply for withdrawals made before age 59½ if the IRA CD has not reached maturity. The IRS defines eligibility, contribution, and distribution rules. Please consult your tax advisor.
















Keeping you and your money connected.

Keep an eye on your savings as it grows with Citizens Bank's Digital Banking.
 




More ways to use your new account:

 
  • ATM Withdrawals
Sometimes, you need cash. Enjoy free withdrawals at Citizens Bank ATMs plus over 800 surcharge-free ATMs in the ATM Access network.*
 
 
  • Digital Payments
Use the Pay feature in Digital Banking to take care of everything from your monthly utility bills to what you owe the babysitter.
 
 
* Withdrawals at ATMs not owned by Citizens Bank will be assessed a $2/transaction fee. Additional fees may be imposed by other ATM owners.
Young family sitting on front porch
Start them on the path to financial success.
Teach kids the importance of saving -- the fun way -- with the Ca$h Savings Club.