Competitive CD rates and terms that work for your schedule. It’s important when shopping Citibank CD rates that you check all term lengths because the rates may vary drastically without a lot of change in time. how we make money. The interest rate for this 30-month CD starts out at 0.20% and increases every 10 months until it hits 0.40%. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. Our experts have been helping you master your money for over four decades. It does not, and should not be construed as, an offer, invitation or solicitation of services to individuals outside of the United States. The rate of 0.25% is 1.14% lower than the average 1.39%. Here’s a closer look at Citibank’s fixed rate CDs. This compensation may impact how, where and in what order products appear. Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Some Citibank customers have complained about the firm's low deposit rates. These communications may include, but are not limited to, account agreements, statements and disclosures, changes in terms or fees; or any servicing of your account. A Red Ventures company. For more general questions, visit our Answers section. Here’s an explanation for You can choose from more than a dozen CD terms that range from as short as three months to as long as five years. CIT Bank CDs range from short-term 6-Month and 1-Year CDs to a longer term 5-Year CD. is an independent, advertising-supported publisher and comparison service. Because of the varying APY rates at different terms, it isn’t easy to classify how the bank matches up against other options. Your CD renews at each date of maturity for the same term you opened up with. provides information about and access to accounts and financial services provided by Citibank, N.A. For example, a five-month CD has an APY of 0.20%. Terms, conditions and fees for accounts, products, programs and services are subject to change. Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. What is the rate on $1,000,000 deposit for 18 months? Citibank CD rates vs. Capital One CD rates. Delta Community Credit Union, Golden 1 Credit Union and Navy Federal Credit Union are among the brands offering top rates. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Citibank offers a range of certificate of deposit terms from three months to five years. You’ll earn interest on your Citi CD on a monthly basis if the CD’s term is greater than one year — and at maturity if your CD has a term of one year or less. upon clicking, focus moves to the search input field, Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. CODES (2 days ago) In addition to standard benefits like daily compounding interest and FDIC insurance, Citi CDs offer a few other perks: Automatic renewal. Much of Citibank’s strength when it comes to CDs is the variety of terms that it offers. In fact, the bank's rates are fairly competitive when compared against other deposit IRA's in the marketplace. The offers that appear on this site are from companies that compensate us. Information on Citibank 6 Month CD Rates: This type of deposit is one the deposits available to Citi retail customers who invest or save in this fixed term product to be … When you open your new account online, Rates and Terms & Conditions will be determined by your state of residence. Different rates and terms may apply to a Citibank CD held in an Individual Retirement Account (IRA). Citi and its affiliates are not responsible for the products, services, and content on the third party website. and its affiliates in the United States and its territories. Note: Rates can vary by geography. Capital One pays better CD rates than brick-and-mortar banks, with no minimum deposits. to footnote reference 3; You are applying for an account package that requires you to open both a checking and savings account. Passive income ideas to help you make money, Best age for Social Security retirement benefits, Privacy policy / California privacy policy. Upvotes. Of course, this flexibility doesn’t come free, so you’ll earn a reduced interest rate compared to a standard CD. Note: The APYs (Annual Percentage Yield) shown are as of Nov. 13, 2020. At Bankrate we strive to help you make smarter financial decisions. You are leaving a Citi Website and going to a third party site. Ask Your Question. For example, the early withdrawal penalty on a five-year Citibank CD is 180 days’ worth of interest. provides information about and access to accounts and financial services provided by Citibank, N.A. This allows you to save toward a variety of expenses, whether short term or long term. You can apply for and open a Citibank CD online, however if you plan on depositing more than $250,000 you must stop into one of Citibank’s 700 branch locations across 12 states. Discover Bank — which offers much better CD rates — charges a whopping 18 months’ worth of interest if you withdraw the cash early from Discover’s five-year CD. Yes, your Citibank cd accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). editorial integrity, this post may contain references to products from our partners. Citibank offers certificates of deposit across a wide variety of terms that you won’t find at many banks. Print out our "Highest CD Rate Survey" and bring it in with you.Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof. Our editorial team does not receive direct compensation from our advertisers. The APYs for some products may vary by region. DISCOUNT (2 months ago) Citibank Promotion: Top 5 Offers for October 2020. Step-Up CDs. Read Full Story . Are cd accounts from Citibank federally insured? is an independent, advertising-supported publisher and comparison service. Low minimum deposits. Review Citibank CD Rates Write a Review. Citibank CD Account Rates Review Learn about the interest rates, fees, and minimum deposit requirements for Citibank certificates of deposit (CDs) and compare them to online bank CD rates… It does not, and should not be construed as, an offer, invitation or solicitation of services to individuals outside of the United States. Citibank earned a 4.1 out of 5 in Bankrate’s overall rating of the bank. With the CIT Bank No-Penalty CD you get a great rate, the security of an 11-month CD, and no-penalty access to your funds if you need them. You can locate a branch here. Great CD rates. Choose from a selection of CD rates … Compare our CD terms and annual yield rates. provides information about and access to accounts and financial services provided by Citibank, N.A. BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access. Bankrate has answers. Information on Citibank 2 Year CD Rates: A two year CD is a type of deposit product available for a retail consumer when looking to invest or save their cash in a fixed term low risk product at Citibank. Step-up CDs automatically increase your interest rate every ten months. © 2020 Bankrate, LLC. Let a CIT Bank Jumbo CD help you maximize your savings with a big rate on larger deposits. Bankrate’s editorial team writes on behalf of YOU – the reader. The rate of 0.25% is 0.63% lower than the average 0.88%. Select Continue to proceed or choose Cancel to modify your selection. Member FDIC So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Estas comunicaciones podrían incluir, entre otras, contratos de cuentas, estados de cuenta y divulgaciones, así como cambios en términos o cargos o cualquier tipo de servicio para su cuenta. It also offers a money market account with similarly high rates. Flexibility—it’s what you expect from City Bank, and it’s what we deliver. Citibank 5 Year CD Rates. We maintain a firewall between our advertisers and our editorial team. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. You can choose from more than a dozen CD terms that range from as short as three months to as long as five years. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Which certificate of deposit account is best? These Rates and Terms & Conditions may differ from those applicable to your state of residence and will not apply to new accounts you open online. The products, account packages, promotional offers and services described in this website may not apply to customers of International Personal Bank U.S. in the Citigold® Private Client International, Citigold® International, Citi International Personal, Citi Global Executive Preferred, and Citi Global Executive Account Packages. If you can keep enough on deposit to open one of the Citibank Account Package and above accounts (which requires at least $10,000 in combined balance), you get perks such as: Most Popular Most Upvotes. Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access Por favor, tenga en cuenta que es posible que las comunicaciones futuras del banco, ya sean verbales o escritas, sean únicamente en inglés. That site may have a privacy policy different from Citi and may provide less security than this Citi site. How Citibank CD rates compare to top-yielding banks. Type Fixed: Rate 0.25%: Currency: USD: Rates applicable to deposits from $100,000 and was calculated for the state of California, other states may vary. Citibank Cd Rates Promotion - The Citibank 1 Year CD product is a short term fixed investment option and agreed upfront fixed Interest rate for a 12 month/ 1 year term. Lock in a Great Rate That’s Right for You. We value your trust. CIT Bank CDs provide a safe, secure way to grow your savings. Citibank CD rates. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. Get insider access to our best financial tools and content. Your country of citizenship, domicile, or residence, if other than the United States, may have laws, rules, and regulations that govern or affect your application for and use of our accounts, products and services, including laws and regulations regarding taxes, exchange and/or capital controls that you are responsible for following. Additionally, some sections of this site may remain in English. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Citibank offers tiered rates depending on your relationship and balance with the bank. There are many worse options out there, but you can find higher APYs elsewhere. Rates could potentially vary by a small amount depending on the account holder's state of residence. No-penalty CDs offer a fixed rate, but give you the ability to withdraw your full balance and interest — without a penalty. Además, es posible que algunas secciones de este website permanezcan en inglés. Citi also offers an online-only savings account that pays a great rate (higher than most of its CDs). Citi is not responsible for the products, services or facilities provided and/or owned by other companies. Open an online Capital One 360 CD to earn an interest rate with guaranteed yield. Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. You are viewing Rates and Terms & Conditions applicable to a state other than where you live. This information above for Citibank CD Rate - 5 Year CD is provided 'as is' and solely for informational purposes, not for specific financial advice. and its affiliates in the United States and its territories. Citibank CD Rates Q&A. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. View CD rates and open an account now. While most of the big bank’s CDs have lackluster rates, Citi offers several CDs that are worth considering for their rates.