Highest CD Rates Info

Once in a while, we here at Highest CD Rates Info like to look towards banks we normally don’t cover. Today, we’re looking at Citizen’s Bank to see their offers.

*Editor’s Note: this is an older article, and we have recently updated our research about current Citizens Bank CD Rates.  For our latest article on Citizens CD Rates, please see the following page: Citizens Bank CD Rates

Citizens Bank offers a number of Certificates of Deposit or CDs. The company offers the highest CD rates but with the lowest monthly charges. Citizen Bank CD rates depend on the geographic location of a bank branch. Other factors that can fluctuate the prices and APY of these certificates include the national economic situation, federal interventions and regulations and market regulations.

Citizens Bank certificate of deposit rates for an average investment of $1,000 depend on the term limit of the account. For a 13-month CD, the bank would offer an Annual Percentage Yield of 0.65%. A 30-months CD would yield 1.00% whereas a 3-years CD would return 1.25%. A 5-year CD offers an APY of 2.00%.

Citizen CD rates for premium accounts are higher than the standard ones. Circle banking customers of the bank can benefit from an APY of 0.90% for a 13-month CD. Customers with Circle Gold banking accounts would receive an APY of 1.15% on the same investment.

The rates go up for CDs with longer terms of maturity. A 30-month CD for Circle and Circle Gold would yield 1.25% and 1.50%, respectively. A 3-year investment would yield 1.50% on Circle and 1.75% on Circle Gold accounts. Investors in 5-years CDs would receive 2.25% for Circle and 2.50% for Circle Gold accounts.

The bank also offers the opportunity of opening IRA CD accounts. It has subsidized the minimum amount required for these accounts and now offers them at the starting price fo $250.