CD Rates at Citibank Online Banking
There’s a new special Citibank CD rate that we here at Online Banks Blog had to show you. The one year term on this special offer gives a return of 2.25% annual percentage yield (APY). Definitely worth looking at, you’ll agree.
This 12-month term special requires only a $500 deposit to open, has interest paid at maturity, and is available nationally. If you’re interested in a shorter term Citibank CD, then there are options for you as well.
The six month term Citibank CD rates are 1.01% APY, which is generally better than the national average. For a nine month term, CD rates at Citibank are 1.50% APY. The 18-month Citibank CD rates can be skipped over at only 1.01% APY, but the 2-year rates are a respectable 1.75% APY. Not quite as high as the 1 year special, but dollar for dollar, that 1.75% APY pays off a little higher after 2 years because of the compound, however.
Finally, we look at the 5-year offers, which are at 3.0% APY and are hard to overlook. That’s an aggressive offer for only a $500 minimum deposit.
All accounts at Citibank are FDIC insured to the fullest extent of the law. If you’re interested in any of these Citibank CD rates, move quickly as rates change regularly in this business.
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