Citizens Bank One Deposit Checking has the most lenient monthly fee waiver in US banking — just one qualifying deposit per statement cycle, which can be as small as $1 from an auto-transfer at another bank. For most people with any external banking relationship, One Deposit Checking is effectively free. That fee structure is Citizens’ primary competitive advantage over peers like Regions ($8/month waiver) and TD Bank ($5.99–$25/month).

The areas where Citizens falls short: a $35 overdraft fee with a $175 daily cap is among the highest in the industry, and the bank’s physical network of roughly 1,100 branches is concentrated in the northeast (Massachusetts, Rhode Island, Connecticut, New Hampshire, Vermont, Delaware, New Jersey, New York, Pennsylvania, Maryland, Michigan, and Ohio). Customers outside that footprint bank digitally, which limits the advantage over online banks.

Citizens Bank Fees at a Glance 2026

Fee Type Amount How to Avoid
One Deposit Checking monthly $9.99 1 qualifying deposit/statement cycle
Citizens Quest Checking monthly $25 $25,000 combined balance
Student Checking $0 Age 25 and under
Overdraft fee $35 Link savings; opt out of overdraft
OON ATM fee $3.00 Use Citizens or Allpoint ATMs
In-network ATM fee $0 Citizens + Allpoint
Foreign transaction fee 3% Use travel credit card abroad
Outgoing domestic wire $30 Use Zelle or ACH instead
Incoming domestic wire $12 Already lower than most competitors
Outgoing international wire $40 Use Wise or similar
Stop payment $35
Returned item $35

Citizens Bank Checking Account Fees

One Deposit Checking — The Easiest Monthly Fee Waiver in Banking

One Deposit Checking costs $9.99/month, waived with at least one qualifying deposit per statement period. The qualifying deposit threshold is deliberately low:

What Qualifies as a Deposit
Any payroll direct deposit
Government benefits (Social Security, disability, SSI)
Any ACH transfer from an external bank — including as little as $1
Any recurring external transfer set up through Citizens online banking

What does NOT qualify: cash deposits, check deposits, or internal transfers between Citizens accounts.

Setting up a recurring $1 auto-transfer from any external checking account satisfies the requirement permanently. This makes One Deposit Checking the most practical fee-free account for people who bank at multiple institutions.

Citizens Quest Checking

Citizens Quest costs $25/month, waived with $25,000 in combined Citizens balances. Quest includes perks such as identity protection, discounted loan rates, and enhanced service levels. For most customers, the balance threshold is high relative to the benefits — a premium account for high-net-worth customers.

Student Checking

Free for customers age 25 and under. Converts to One Deposit Checking at age 25. Includes Zelle and full digital banking features.

Citizens Bank Savings Account Fees

Citizens Bank savings products carry monthly fees that are typically waived with a qualifying balance or a linked checking account.

Account Monthly Fee Common Waiver
One Deposit Savings ~$4.99 Qualifying deposit OR linked One Deposit Checking
Citizens Savings Varies Minimum balance
Goal Savings Varies Active goal activity

Key tip: Citizens’ savings account interest rates are well below online bank alternatives (0.01–0.10% vs 4–5% APY). Use Citizens Savings primarily for the overdraft protection linkage — keep larger savings balances at a high-yield online savings account.

Citizens Bank Overdraft Fees

Citizens’ $35 overdraft fee with a $175 daily cap is one of the higher fee structures among regional banks. Unlike Huntington, Citizens does not have an automatic grace period — the fee is assessed immediately when the transaction posts.

Overdraft Detail Policy
Fee per overdraft item $35
Maximum daily fees 5 ($175/day cap)
Grace period None
Small balance threshold No fee if overdrawn $5 or less
Overdraft protection (savings) Transfer fee applies
Opt-out option Yes — debit card transactions decline

How to Reduce Citizens Overdraft Risk

  1. Link a savings account — Citizens will transfer from your linked savings to cover an overdraft. A transfer fee applies, but it is less than $35 per item.
  2. Opt out of overdraft coverage — Your debit card will decline if you lack sufficient funds. No fee, no overdraft.
  3. Set up low-balance alerts — Free text/email alerts when your balance falls below a threshold you set.

Overdraft Fee Comparison

Bank OD Fee Max/Day Grace Period
Citizens $35 $175 None
Huntington $15 $60 24 hours
KeyBank $20 $60 None
Regions $36 $108 None
Chase $34 $102 Next business day
Bank of America $10 $30 None

Citizens Bank ATM Fees

Citizens Bank gives customers access to two ATM networks at no charge:

ATM Network Cost Locations
Citizens Bank ATMs $0 ~3,300 locations (northeast focus)
Allpoint network $0 55,000+ nationwide
Out-of-network ATMs (Citizens fee) $3.00 Plus operator surcharge
International ATMs $3.00 + 3% Plus operator surcharge

The Allpoint network covers CVS, Target, Walgreens, and other retail locations nationally. For Citizens customers living outside the northeast, Allpoint access makes the bank far more viable as a primary banking institution.

Finding Allpoint ATMs: Use the Allpoint locator at allpointnetwork.com or the Citizens Bank mobile app. In most US cities, an Allpoint ATM is within a few blocks.

Citizens Bank Wire Transfer Fees

Wire Type Fee
Outgoing domestic $30
Incoming domestic $12
Outgoing international $40
Incoming international Varies

Citizens’ $12 incoming domestic wire fee is lower than most major competitors (who charge $15). Huntington is the only comparable regional bank offering free incoming domestic wires.

Wire Transfer Alternatives

Method Cost Speed Best For
Zelle Free Instant Person-to-person, up to $500–$1,000/day
ACH transfer Free 1–3 business days Bill pay, regular transfers
Wise 0.5–2% 1–2 business days International transfers

Other Citizens Bank Fees

Service Fee
Stop payment $35
Returned deposited item $35
Cashier’s check $10
Foreign transaction fee (debit) 3%
Paper statement $0 (free)
Debit card replacement (standard) $0
Debit card replacement (expedited) $25
Account research Varies

How to Avoid Citizens Bank Fees — Complete Strategy

Monthly fee (One Deposit): Set up a recurring $1 automatic transfer from any external bank account. This satisfies the “one qualifying deposit” requirement every statement cycle — permanently and automatically.

Overdraft fee: Opt out of overdraft coverage (transactions decline instead of generating a $35 fee). Alternatively, link a savings account for overdraft protection — the transfer fee is lower than the overdraft fee.

ATM fee: Use Citizens Bank ATMs or Allpoint network ATMs — 55,000+ locations are available at no charge. Check the Citizens app or allpointnetwork.com before withdrawing cash.

Wire fee: Use Zelle for person-to-person transfers (free, instant). Use ACH for regular external transfers (free, 1–3 days). Use Wise for international transfers (far cheaper than the $40 Citizens wire fee).

Foreign transaction fee: Use a travel rewards credit card with no foreign transaction fee for all international purchases.

Citizens Bank Fees vs. Competitors

Fee Citizens Chase Bank of America Ally Capital One
Monthly (standard) $9.99* $12 $12 $0 $0
Overdraft $35 $34 $10 $0 $0
OON ATM $3.00 $3.00 $2.50 $0 $0
Incoming domestic wire $12 $15 $15 $0 $15
Outgoing domestic wire $30 $30 $30 $20 $30

*One Deposit Checking fee is effectively $0 with any qualifying deposit.

Is Citizens Bank Right for You?

Citizens Bank makes sense if you:

  • Live or work in the northeast US (Massachusetts, Rhode Island, Connecticut, New York, Pennsylvania, New Jersey, etc.)
  • Want to waive a monthly fee without a minimum balance requirement — just one deposit
  • Frequently receive wire transfers (lower incoming wire fee at $12)
  • Are a student under 25 (free checking with full features)
  • Value access to Allpoint’s 55,000+ ATMs nationally

Consider alternatives if you:

  • Frequently overdraft (Ally, Capital One 360 charge $0 per overdraft)
  • Want to earn competitive interest on savings (online banks pay 4–5% APY)
  • Live outside Citizens’ northeast footprint and primarily bank digitally
  • Need a large ATM and branch network outside the northeast (Chase, Wells Fargo have national reach)

For a full comparison, see Citizens Bank vs TD Bank.

WealthVieu
Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy