How can I close my checking account at Citizens Bank?

How can I close my checking account Citizens Bank

How can I close my checking account of Citizens Bank

You may close your checking account by notifying us by visiting your local branch or calling our Customer Service Team 24 hours a day, 7 days a week at 800-922-9999.

Note that simply reducing your account balance to zero is insufficient to close your Citizens’ bank account and will not exempt you from fees. Also, please make sure that any pending transactions have finished processing, and that you discontinue any deposits that may automatically be made into the account.

You must also contact any merchants who bill you automatically to change your payment arrangements with them so that they do not attempt to take payment from your checking account that you are closing.

If any payments are deposited into the account or are withdrawn from it within the first 60 calendar days after the account has been closed, it can force the account to re-open.

How long does it take to close a Citizens Bank checking account?

After 60 calendar days, your online banking profile will be purged from our system and you will no longer be able to log in.

They allow your online banking profile to remain active during this timeframe so you will still have access to statements, check images, transaction history, etc. if needed.

If you would like your online banking profile to be deactivated prior to the 60-day time frame, you may contact our 24/7 Online Banking specialists at 800-656-6561 for assistance.

Find out how to switch banks in this step-by-step guide

Trying to save money on bank fees? Need to open an account with your spouse or find a bank in a new state? Whatever your reasons for changing banks, check out this helpful guide from Citizens Bank to learn how.

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visiting your local branch
citizens bank close account

How do I change banks?

When you’re ready to start the process, review these five easy steps on how to switch banks:

  1. Choose your new bank and open an account. When switching banks, the first step is to open your new bank account. The process for opening an account will vary based on the bank’s policies – at Citizens Bank, new customers have the option to open a checking account online for maximum convenience. Once you’ve opened your new account, you can begin transferring money from your former account to your new bank account.
  2. Update your direct deposits. After you’ve opened a new checking account, ask your employer for a direct deposit form to switch your existing direct deposit over to this account. The form should be simple and won’t take too long to fill out. If you need help completing it, stop into a Citizens Bank branch for assistance. Wait until you see the direct deposit show up in your new checking account before closing the old account.
  3. Update your automatic payment information. Next, set up automatic payments from your new account at least two weeks before the next payment is due. Then, cancel or delete any online bill payments you had set up on your old account. If you have automatic payments being withdrawn by a third party, be sure to notify the payees that you are changing banks. You’ll also want to ensure your new account has the required funds to make the payments to avoid an overdraft fee.
  4. Phase-out your old checking account. Be sure to cancel automatic payments and stop writing checks, making ATM withdrawals, and purchasing items with your debit card at least two weeks before you want to close the Citizens bank account. This will help prevent any items from posting after your account has closed, which could trigger fees and the unintentional re-opening of your account. Additionally, review your bank’s policy on fees for inactivity to avoid incurring fees just as you’re about to change banks.
  5. Close your citizens’ bank old checking account. Most banks will give you the option of closing your account in person or with a signed form. This letter generally includes the bank’s name and address, your name, phone number, and signature (authorizing the closing of the account) as well as the forwarding address for the remaining balance. You may also need your old account number and routing numbers. When switching checking accounts, be sure to destroy the checks and ATM cards from your previous account to prevent bank or identity fraud.

If You’re Ready to Switch Banks, Be Sure You Choose the Right Account for Your Needs

When you’re thinking about switching banks, it’s important to make sure you’ve chosen the right account for you – especially if it’s been a while since you’ve evaluated your banking options.

If you’re interested in learning more about switching banks, speak with one of our customer service representatives at 1-888-411-7442 or visit a Citizens branch.

For more information or to compare checking accounts, contact Citizens Bank today.

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Can I view information from a closed account online? – citizens bank close account

FAQ: Can I view statements and account details from a past closed account through the mobile app or website?

Ans: I’m sorry to say that you would be unable to view account details and statements for a closed account online.

We would certainly be glad to assist you with placing a statement order over the phone if you’d like, however, there would be fees involved such as a $6 per statement fee as well as a $25 per hour research fee.

The following is a breakdown of the research labor fees:

  • 1 hour = 2-24 statements or 2-25 checks
  • 2 hours = 25-49 statements or 26-50 checks
  • 3 hours = 50-74 statements or 51-75 checks
  • 4 hours = 75-84 statements or 76-100 checks

If you would like to place a statement order, or simply have additional questions/concerns, please don’t hesitate to contact our 24/7 Customer Support Team at 1-800-922-9999.

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Regular Savings

Earn as you save. It’s that easy! Enjoy this no hassle, interest-bearing savings account for those who simply need a home for their funds. 

  • $3.00 maintenance fee per monthly statement cycle (waived if a daily balance remains above $200.00 for the entire monthly statement cycle)
  • Interest paid on this account type is a variable rate calculated on the daily collected balance and paid monthly (Interest rate subject to change; current interest rate and Annual Percentage Yield available upon request)
  • Transaction limits apply; please refer to our Personal Banking brochure for details
  • No fee for standard savings deposit and withdrawal tickets
  • An early closing fee of $10.00 will be charged if you close your Citizens Bank account within 90 days of opening
  • Minimum balance to open account $100.00

Senior Savings 

No monthly fees for those 55 and up. Enjoy this hassle free, straightforward savings account! 

  • Open to those 55 years of age and up
  • No monthly maintenance fee
  • Interest paid on this account type is a variable rate calculated on the daily collected balance and paid monthly (Interest rate subject to change; current interest rate and Annual Percentage Yield available upon request)
  • Transaction limits apply; please refer to our Personal Banking brochure for details
  • No fee for standard savings deposit and withdrawal tickets
  • An early closing fee of $10.00 will be charged if you close your Citizens bank account within 90 days of opening
  • Minimum balance to open account $100.00
How can I close my checking account Citizens Bank
close my checking account Citizens Bank

Minor Savings

Now is a great time to start! Let us help you and your children start to save with the Minor Savings Account. 

  • Open to those 18 years of age and younger
  • No monthly maintenance fee
  • Interest paid on this account type is a variable rate calculated on the daily collected balance and paid monthly (Interest rate subject to change; current interest rate and Annual Percentage Yield available upon request)
  • Transaction limits apply; please refer to our Personal Banking brochure for details
  • No fee for standard savings deposit and withdrawal tickets
  • An early closing fee of $10.00 will be charged if you close your Citizens Bank account within 90 days of opening
  • Minimum balance to open account $25.00

Money Market Account

Looking for a higher interest rate for your funds? The Money Market Account is a great account with a slightly higher interest rate than a traditional savings account. With a small monthly maintenance fee that can be waived by a minimum monthly balance, the Money Market Account is a great place to earn a little extra on your funds. 

  • $10.00 maintenance fee per monthly statement cycle (waived if a daily balance remains above $1,000.00 for the entire monthly statement cycle)
  • Interest paid on this account type is a variable rate calculated on the daily collected balance and paid monthly (Interest rate subject to change; current interest rate and Annual Percentage Yield available upon request)
  • Transaction limits apply; please refer to our Personal Banking brochure for details
  • No fee for Notary Service, Direct Deposit, Online Banking Account access, and 24-hour Xpress Phone banking
  • Overdraft Service is not available
  • Online Banking Bill Pay is not available
  • $5 discount per year on Safe Deposit Box when set up as an automatic payment. 
    No insurance coverage is provided on box contents by FDIC or Citizens Bank.
  • $100.00 minimum balance to open an account.
  • Check printing fees vary by the style of check ordered.

Conclusion:

Citizens Bank is one of the nation’s greater banks by resources, with 1,150 branches and 3,300 ATMs situated in 11 states across New England, the Mid-Atlantic, and the Midwest.

While it’s a territorial bank, its scope of administrations and items permits Citizens Banks to contend with a lot bigger public banks.

Here, you’ll discover banking answers for each reason, from checking and investment accounts to home advances and understudy loans, to abundance the board administrations.

Citizens Bank saves things basic for checking clients, with three records to look over. One Deposit Checking permits you to defer the month to month support charge by making a solitary store every month.

Platinum Checking is an enthusiasm bearing record that offers contract rate limits and a waiver of certain banking charges. Platinum Plus Checking highlights a few advantages, with higher premium rates.

There are various reserve funds choices accessible too. Green Savings is a simple method to spare with a low month to month expense and no base store needed to open a record.

Platinum Savings and Platinum Plus are reserve funds allies to the Platinum Checking and Platinum Checking Plus records; both procure higher financing costs with no month to month support expense.

How can I close my checking account at Citizens Bank?

Citizens Bank additionally offers two specific records: CollegeSaver, for school investment funds; and HomeBuyer Savings for developing your home upfront installment.

The CollegeSaver account permits you to acquire a $1,000 investment funds reward when your kid arrives at age 18 in the event that you meet certain qualification prerequisites.

The HomeBuyer Savings account offers a $1,000 credit towards shutting costs when you get a Citizens Bank contract. Those sorts of advantages are more uncommon at different banks.

IRA investment accounts and CDs are additionally accessible if putting something aside for retirement is one of your objectives. The two records bear the cost of a duty advantaged approach to spare with a low least parity.

IRA CDs likewise have no month to month expenses. Citizens Bank additionally offers abundance the executives and putting administrations on the off chance that you need more top to bottom guidance with respect to retirement arranging or contributing.

Notwithstanding close to home banking, Citizens Bank is likewise the main supplier of private understudy loans and renegotiate advances, for the two understudies and guardians.

Understudies who additionally open a Citizens Bank financial records are qualified for a limited rate on their advances and the bank offers adaptable reimbursement choices.

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How can I close my checking account at Citizens Bank?

Citizens Bank offers banking at the speed of life through both versatile and internet banking administrations.

The versatile banking application is first-class for consumer loyalty and incorporates key highlights like portable check store, online bill pay, and individual-to-individual installments fueled by Zelle.

You can likewise set up portable banking cautions and rapidly check your record adjusts without having to completely login utilizing the FastBalance highlight.

On the off chance that you need assistance with your record, you can fly into a neighborhood office, associate through Facebook or Twitter, send a protected email message, or talk with a client care rep by telephone 24 hours every day, 7 days per week.

The live visit isn’t yet an alternative yet 24-hour telephone access implies you can in any case find solutions to your inquiries as indicated by your timetable.

Citizens Bank Fees Information

How can I close my checking account at Citizens Bank
citizens bank close account
  • Free Checking Account
  • The minimum balance to open an account is $50.00
  • No monthly balance requirement to maintain
  • No monthly service charge fees
  • Free e-Statements
  • Early account closure fee of $25.00 if you close the Citizens Bank account within 90 days of account opening.
  • Free Debit Card (Available upon approval)
  • Free access to our Citizens eBranch Banking and ePay

Certificate of Deposit (CD)

Looking for higher interest rates and don’t need immediate access to your funds? A Certificate of Deposit may be the perfect solution for you! We offer tiered interest rates which are compounded daily and paid monthly.

With our flexible terms, you can set up a CD term for as little as seven days or as long as seven years! Contact any of our branch locations for more information on terms and rates.  

Individual Retirement Account (IRA)

It’s never too early to plan for the future! An Individual Retirement Account at Citizens Bank can help you do just that. Planning for the future is not a sprint but more of a marathon.

Invest in your future today and enjoy retirement later. IRAs can also provide a way to defer tax payments* and invest funds for retirement or education. 

Contact any of our branch locations for more information on the different types of IRA accounts, terms, and rates. *Please consult a tax professional for specific tax advice.

You may close your Citizens bank checking account by notifying us by visiting your local branch or calling our Customer Service Team 24 hours a day, 7 days a week at 800-922-9999.

Note that simply reducing your account balance to zero is insufficient to close your Citizens’ bank account and will not exempt you from fees.

How can I close my checking account Citizens Bank?

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