Citi introduces “relationship tiers” for its retail customers

Date:

Share post:

Citi is revamping its retail banking offering, abandoning account packages in favor of a new set of “relationship tiers.”

The new system, which lets customers unlock tiers as their total average monthly balance increases, is like an airline or hotel rewards program, according to the bank. More perks and services come with new tiers, such as professional financial planning, free Citi fees at non-Citi ATMs, and monthly service fees on checking and savings accounts that are waived.

By tying together eligible family members who reside in the same household, customers can also reach higher tiers. New customers can start using the new tiering system right away, and current users will switch over next year.

Read More: Citi introduces ‘relationship tiers’ for retail customers

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

How Corporate Digital Identity Transforming Fintech Sector

Using Corporate digital identity tools enables FinTech firms to deploy an accurate process for customer identification and verification....

Conga Helps Cooperative Finance Association (CFA) Accelerate Communication and Approval Processes to Support Rapid Growth

Conga, the pioneer and market leader in Revenue Lifecycle Management, today announced that Cooperative Finance Association (CFA), a provider of financing...

DPT Solutions And ChoiceOne Bank Collaborate To Offer Metriciti for Lending Solutions

ChoiceOne Financial Services, Inc., and ChoiceOne Bank have partnered with DPT Solutions (DPT) to offer Metriciti. Metriciti is...

Aeropay Introduces Aerosync To Improve Customer Experience and Reduce Risks

Aeropay, a provider of Pay-By-Bank solutions, has introduced Aerosync, its own bank aggregator. Aerosync is designed to help...