Citizens Bank vs Bank of America
Citizens Bank is an online savings account with an impressive rate and no fees. How does it compare to Bank of America? Read our comparison chart below.
Citizens Bank has over 1,000 branches on the East Coast. It offers a wide range of banking products and services, as well as financial tools to keep you on track. The GoalTrack Savings program offers gift card incentives for reaching your savings goals.
While Bank of America is one of the largest banks in the U.S. with approximately 3,700 locations and 15,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.
Compare Citizens Bank with Bank of America, side-by-side. Read on for an in-depth look, including ratings and reviews.
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| Learn More | Learn More | |
Citizens Bank | Bank of America | |
|---|---|---|
Personal Checking and Savings Account - $400 Bonus - | Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer | |
Benefits and Features | ||
| Savings | Several types of Savings accounts. 0.01% APY. No minimum opening deposit. $4.99 monthly maintenance fee, unless you have a minimum daily balance of $200 in your account, or have a qualifying Citizens Bank checkings account. | Bank of America Advantage Savings Standard Rate: 0.01% APY |
| CD | Several types of CD accounts. Terms ranging from 3-14 month. 3.10% - 3.70% APY. Some APY rates may require qualifying Citizens Bank Checking Account. Minimum opening deposit $25,000 for 3-Month and 6-Month; $1,000 for 14-Month online CD. |
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| Checking |  | |
| Money Market | Several types of Money Market accounts. 0.01% APY. No minimum opening deposit. Monthly maintenance fee of $10, unless you have a minimum daily balance of $2500. Other Money Market accounts have no monthly maintenance fee but require qualifying Citizens Bank Checking Account. | |
| Mobile App | ||
| ATMs | ||
| Customer Service | 24/7 Telephone Customer Service |
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| IRA CD | Terms ranging from 1 - 120 months. Minimum opening deposit $250. No monthly maintenance fee. | |
| Locations | ||
CreditDonkey® Reviews | ||
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| Savings |   | |
| Fees | | |
| Mobile App |  | |
| Customer Service | | |
| Pros & Cons | Pros:
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| Bottom Line | Online savings account with an impressive rate and no fees... | |
| Learn More | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Citizens Bank: Pricing information from published website as of 05/24/2026 based on 10011 zip code. Bank of America: Pricing information from published website as of 05/26/2026 based on 91107 zip code. | ||
Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer
- New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.
Bank of America Advantage Relationship Banking® - Up to $500 Bonus Offer
- New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.
Bank of America Advantage SafeBalance Banking® - $100 Bonus Offer
- New checking customers only: Get a $100 bonus offer after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.
Which is Better: Citizens Bank or Bank of America?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Citizens Bank or Chase.
Articles on Citizens Bank
Citizens Bank High Yield Savings
Citizens has an online savings account with a competitive APY and no fees. But what's the catch? Continue reading to find out.
Citizens Bank Problems
While Citizens Bank offers easy-to-maintain checking and savings accounts, some customers didn't have the best experience. Here's why.
Articles on Bank of America
Bank of America Review
Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.
Bank of America Problems
Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.
Bank of America CD Rates
Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.
How to Close a Bank of America Account
Want to close your Bank of America account? Learn how and what you need to do before you close your account.
Bank of America Hours
Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.
Bank of America Routing Number
Find your Bank of America routing number and learn about money transfers in our guide.
Which Do You Think is Best?
Which Bank Account is Right for You?
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Next Page: Citizens Bank High Yield Savings
