Citi
Rewards program: Citi ThankYou Points
The consumer arm of Citigroup, running the ThankYou Points programme with transfer partners weighted toward international airlines.
Strengths
- ThankYou transfer partners skew international, which suits long-haul redemptions
Watch out for
- Application rules restrict how often you can earn a welcome bonus within a card family
Judging their deposit rates
The FDIC national average for savings is 0.38% and 1.68% for a 12-month CD, as of July 20, 2026. Those averages are weighted across every insured institution, so a competitive online account usually pays several times them. Compare any rate Citi quotes against that rather than against the word “high-yield”.
Source: FDIC national rates and rate caps.
Frequently asked questions
Is Citi insured?
Deposits at Citi are covered by FDIC insurance up to $250,000 per depositor, per insured bank, per ownership category. Verify current coverage with the institution before depositing above that amount.
What is Citi best at?
ThankYou transfer partners skew international, which suits long-haul redemptions.
What should I watch out for with Citi?
Application rules restrict how often you can earn a welcome bonus within a card family.
Other institutions
Researching and writing about Canadian personal finance since 2026.
Last reviewed August 2026 · How we research
“Citi.” VaultNerd, https://www.vaultnerd.com/banks/citi, updated August 2026.
- Citi published product and disclosure pages
- FDIC national rates and rate caps