However, many other online banks offer more favorable CD rates with similar or lower opening deposit requirements. Interest on CDs at Citibank is compounded daily and credited to your account ...

But most of its terms are well below the best CD rates available. Annual percentage yields and account details are accurate as of Nov. 1, 2024, and could differ depending on your location.

Citibank (Member FDIC) is well known for its Citi credit cards, but how do its CD rates stack up to other financial institutions? The national bank has more CD options than most financial ...

Seven-Month Fixed Rate CD: 4.00%. 11-Month Fixed Rate CD: 3.50%. Those aren’t the only CDs Citibank offers though, its Fixed Rate CDs range in terms from 3 months to five years with yields ...

Citibank’s standard CD rates are higher than those of other national banks, and even national average CD yields, but you can still find online banks and credit unions with better rates.

while its Step Up CD and No Penalty CD come with more limited terms. All of Citibank’s CDs require a minimum deposit of $500. Your annual percentage yield (APY) can vary widely depending on the ...

Erica Sandberg is a nationally recognized consumer finance expert. She is the author of Expecting Money: The Essential Financial Plans for New and Growing Families has written countless articles ...

However, there’s a catch: Citibank often changes its featured-rate CDs — for example, it might change a featured CD term from a six-month term to a seven-month term — so if you don’t pay ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Citibank offers several savings account products, and ...

For rates listed in this article, we’ve used Newsweek’s New York City Zip code (10007). Citibank CD rates for some accounts are fairly competitive, with the rate for its 5-month CD hitting 4. ...