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Best Banks for High-Net-Worth Families, 2018

Lisa Gerstner, Contributing Editor, Kiplinger's Personal Finance

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Banks are eager to lure customers who tuck away considerable sums in deposit and investment accounts.

Clients who hold big balances with these banks are rewarded with lots of fee breaks, higher yields on savings, lower rates on loans and financial-planning assistance.

Here's a look at our top bank picks for high-net-worth families.

SEE ALSO: See Our Complete Guide to 2018's Best Banks

BEST: Citibank

With a global footprint and a premium account package that's loaded with perks, Citibank shines for customers who can maintain high balances. The Citigold package requires a minimum combined balance of $200,000 in eligible Citi deposit, retirement and investment accounts. Citigold members get unlimited reimbursement of out-of-network ATM fees that other institutions charge, both in the U.S. and abroad; free standard checks, stop payments, incoming wire transfers, money orders and transfers from other accounts to cover overdrafts; discounted commissions on online stock trades ($4.95 each) and a waived annual fee on linked investment accounts; and preferred rates on loans and deposit accounts.

If you travel or do business internationally, you'll have access to more than 1,700 overseas branches, you'll pay no foreign-transaction fees on debit card transactions, you can arrange no-fee transfers from your Citi account to a Citi account abroad, and you can get free next-day delivery of foreign currencies to your home, office or a nearby Citi branch. Citigold clients work with a dedicated financial adviser and get access to special events, such as market-outlook seminars and private dining, sporting, concert and cultural events.

SEE ALSO: Time-Tested Tactics to Build Your Wealth

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Copyright 2018 The Kiplinger Washington Editors