Banks are legally established financial institutions engaged in monetary and credit business, and are the product of the development of commodity monetary economy to a certain stage. In our daily life, we often go to the bank to handle business. Before doing business, we will make a comparison between banks. Which bank is better, HSBC, Standard Chartered Bank or Citibank? Let's have a look.

Bank comparison

In terms of banking business, HSBC and Standard Chartered have a wider scope of business, providing not only industrial and commercial banking business, but also retail business, such as loans, securities trading, savings accounts, remittance and transfer, credit cards, etc. However, Citibank's business scope is relatively narrow. After all, it is a retail bank, mainly focusing on credit cards, deposits and withdrawals, and account opening.

If we compare credit cards, the credit cards of these three banks attract customers with preferential privileges, and there are many preferential activities. In terms of annual credit card fees, Citigroup has the lowest annual fee-free threshold and Standard Chartered has the highest. Generally speaking, the three foreign banks, HSBC, Standard Chartered and Citigroup, are quite good, among which HSBC has the largest business in the world, while Citigroup's business is mainly retail banking, and Standard Chartered is concentrated in Asia and Africa.