Citibank CD Rates remain on par with most of the major money center banks going into November.  Unfortunately, staying on par with the other big banks in the nation means returns that are below average.  The rates at most of the major banks, including those at Citibank, are not only less than optimal but the rates of return are less than the average rate offered from the majority banks across the country as promulgated by the FDIC.

Since Citibank is one of the largest banks in the nation, they offer a very impressive range of CDs.  The bank offers a number of different certificate of deposit products with different terms and rates along with a tiered system of rates that rewards account holders with higher yields for higher balances.

The CD rates currently available at Citibank start at 0.05% for the short term, three month account, and go on up to 0.60% for the five year term certificate.  Incremental increases between the account terms are rather consistent with the Citibank six month CD yielding 0.07%, the one year CD at Citi returning 0.15%, and the Citi two year CD providing account holders with a 0.25% rate.  In comparison, the national average rate for a three month term CD is 0.08%, 0.12% for a six month CD, and 0.79% for a five year certificate.

Like most all traditional bank CDs, accounts at Citi are fixed rate and fixed term with an interest rate that won’t change before the account matures.  All Citibank CDs require a minimum deposit of $500.00.

CD interest earned is paid monthly or at maturity for all accounts with terms of one year or less.  The interest earned is paid monthly for all Citi CDs with terms greater than one year.  CDs are set to renew automatically at maturity for the same term as the account reaching maturity.  Additional terms and conditions may apply.

More information about the accounts and current CD interest rates can be obtained by visiting the bank website located at or by calling the Citibank customer service number at 1-800-374-9700.

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