Highest CD Rates Info

With branches in more than 100 countries around the world, Citibank is one of the largest banks in the United States.  So, how do their CD rates compare?  We decided to see for ourselves, and review Citibank CD Rates in our continuing quest to find the highest CD rates available.

Essentially, Citibank has one type of certificate of deposit, which is a standard CD with a minimum deposit of $500 for CDs opened online.  Given those basic parameters, CD rates at Citibank differ depending upon the term length of the certificate of deposit.  So, for our purposes we selected one short-term Citibank CD and one long-term Citibank CD to review.

The Citibank CD Rates that are most appealing to us of the short term CDs is the Citibank 9 Month CD. Earning an interest rate of 3.20 percent and an Annual Percentage Yield of 3.25 percent, the Citibank 9-month CD appears to be pretty interesting for a short-term CD.  However, for that same $500 investment, investors may want to read about the State Farm Bank CD Rates for their 9 Month CD Special.

For those investors who are looking for a long-term CD, the most interesting Citi offering (in our opinion) is the Citibank 5 Year CD.  We found, in our city, an interest rate of 3.92 percent and an Annual Percentage Yield of 4.00 percent being advertised for the Citibank 5-year CD. Although that is not too bad in light of the $500 minimum deposit, investors again may want to review our State Farm Bank CD Rates review of what you can get with the same low minimum deposit.

Given the low minimum deposits required, and decent interest rates, these Citibank CDs may have some appeal to certain investors.  Be sure to visit Citibank online to confirm the current offers in your area, as Citibank CD interest rates and other terms may change with time and differ by region.