Your browser does not support JavaScript! Pls enable JavaScript and try again.
Citi Online Saver

Citibank Online Saver Account

Our savings account, the Citibank Online Saver can give your savings a boost. Apply now and receive our current variable introductory rate of 1.35%p.a. for the first 4 months1. T&C apply.

Apply Now

The Citibank Online Saver has no monthly fees, no minimum balance and no long-term commitments. It's your significant other savings account.

1.35% p.a.1


Competitive interest savings

Earn our variable introductory rate, currently 1.35%p.a. for the first 4 months when your balance remains under $500,000. 

At the end of the 4 months or if at any time your balance exceeds $500,000 (including due to interest credited to your account*), your account will have our ongoing standard variable rate, currently 0.60%p.a.

*For example: If your initial balance is $500,000, and you earn $1,000 interest in month 1, your balance of $501,000 in month 2 will earn interest at 0.60%p.a. on the entire balance, even though you are in the introductory period.

Benefits for Citi Customers


No monthly fees and no minimum balance. Your interest is calculated daily and paid monthly on every dollar.

Link to any Account

Nominate any Australian bank account as your linked account - just make sure your bank lets you transfer money to other bank accounts.

Online Access

Your monthly eStatements will let you know how much interest you've earned for the month as well as the current interest rate.

No lock-ins

You can take your savings out instantly with no delays or fees. If you don't finish the month, you will still earn interest on the days your savings was in the account.

Regular Savings Plan

Set up a regular savings plan in moments, during your application or through Citibank Online. Check out our online demo for more information.

1. This offer is only applicable on the first Citibank Online Saver that you open. Interest rate may change at any time including during the first 4 months.

Savings Calculator

Are you planning your next holiday? Or getting together the deposit for your first home? Whatever your savings goals, see how quickly they can be achieved with our easy-to-use savings calculator.

View the savings calculator

What do you need to apply for the Citibank Online Saver?

  • You must be over 18 years old and a resident of Australia.
  • You need a valid email and Australian residential address.
  • A Tax File Number (TFN). To avoid being charged the highest marginal tax rate.
  • You need the details of the bank account you'd like to link to your Citibank Online Saver.
  •  The account can only be used as a personal account (not a business or joint account).

Related reads

What is compound interest?

Compound interest is the secret ingredient to a great savings plan. It takes saving to another level, because it represents interest you earn on both the money you put in and the interest on that money. 

Read more

Who is saving in Australia?

Where do your savings sit in the big scheme of things?

Despite current low interest rates, Australians are saving more than at any point since the 1980s.

Read more

How do I choose the right savings account?

We all know the benefits of a great savings account. But not all savings accounts are the same. There are nuances to understand when it comes to selecting the right one for you. 

Read more


View all of our Banking products

Help and Support

Online Saver Links

Additional information about the Citibank Online Saver account.

Schedule of Fees & Charges
Online Saver Terms & Conditions

Citibank Online

Access and manage your money in a quick, convenient and secure way, from anywhere in the world.

Start banking online

Information & Forms

Here we have all the information you need about our banking products, from interest rates to switching forms.

Read more

 Can't find what you're looking for?  Contact us

Important Information

Terms & Conditions apply and are available on request.

1. This offer is only applicable on the first Citibank Online Saver that you open. Interest rate may change at any time including during the first 4 months.

Citibank Online Saver is issued by Citigroup Pty Limited ABN 88 004 325 080, AFSL 238098, Australian credit licence 238098. Any advice is general advice only and was prepared without taking into account your objectives, financial situation, or needs. Before acting on this advice you should consider if it's appropriate for your circumstances. Further information and our dispute resolution process is available at or by phone on 1300 137 931.

Show more