bank rates

Citibank’s CD Rates Can’t Fall Much More

Citibank logoWe’re “excited” to report that, for the first time since our fall review, Citibank’s CD rates have remained unchanged.

That’s right, this New York, N.Y.-based big bank with more than 1,000 branches put the hatchet down.

Go ahead and enjoy that 60-month, 0.60% APY CD rate — Citibank’s best offer.

Of course, that’s more than a fifth of a percentage point less that the average annual yield large banks and thrifts are paying for the term, which is a record-low 0.82%.

Although the top nationally available 60-month CD rate on our CD Rates Leaderboard fell recently, at 1.87% APY it’s still triple what Citi offers.

Chart showing Citibank CD rates 2011-2013

Citi’s other standard-term CD rates:

3-month CD rate is 0.05% APY versus an average rate of 0.12% APY. (Leaderboard leader is 0.55% APY.)

6-month CD rate is 0.10% APY versus an average rate of 0.16% APY. (Leaderboard leader is 0.88% APY.)

12-month CD rate is 0.20% APY versus an average rate of 0.26% APY. (Leaderboard leader is 1.05% APY.)

24-month CD rate is 0.25% APY versus an average rate of 0.41% APY. (Leaderboard leader is 1.30% APY.)

36-month CD rate is 0.35% APY versus an average rate of 0.50% APY. (Leaderboard leader is 1.40% APY.)

All of Citi’s certificate of deposits require a minimum deposit of $500.

Citi divides the United States into 16 regions and can vary its CD rates by region, so you have to insert your ZIP code on the website. These rates are for the “national region,” which includes most of the country.

You can learn more about Citi at or call 800-374-9500.

Compare Citi’s returns with the best CD rates from scores of other banks in our extensive database.

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