Citibank Current CD Rates
Our last Citibank CD rates update showed that the bank has some pretty good numbers still. Given the popularity of this large bank with our readers here at Highest CD Rates Info, we are endeavoring to keep up with their changes. So here are the latest updates in Citi CD rates.
Right now, the best Citibank certificate of deposit rates are on 6-month and 12-month terms. The six month term is giving a 1.01% annual percentage yield (APY), which is very competitive in this short-term market. The one year terms reward 1.70% APY, which is very good for a relatively short one year investment.
As a comparison, that six month term is the same as the 18-month term at 1.01% APY and that one year term is just under the two year term current CD rates of 1.75% APY at Citibank. Compared to the 1.25% APY of the Citi CD rates on the 3 year term, that’s extremely good.
For the longer-term investor, the highest CD rates at Citi right now are the 5-year term at 3.00% APY, which is nationally competitive. Compared to current CD rates on 4-year terms at only 1.75% APY, it’s probably worth the extra year for the longer-term investor.
All of these Citibank CD rates require only a $500 minimum investment to open without fees. All Citibank accounts are FDIC insured to the fullest extent of the law, of course.
If any of these Citi CD rates appeal to you, lock in your highest CD rates now before they change. All Citibank certificate of deposit rates are subject to change at any time.
[...] at Highest CD Rates Info are taking a look at Citibank CD rates. We haven’t looked at the Citibank certificate of deposit rates offers in a while, so it was overdue for us to do [...]