Citibank CD Rates
Citibank CD Rates vs. Fixed Annuity Rates
Citibank’s 5-year CD rate is 1.98% APY. At the time this was written, the best 5-year fixed annuity rate is 6.30%. If you are looking for a guaranteed interest rate and a term between 1 year and 5 years, a fixed annuity may be worth considering. You can compare today’s best fixed annuity rates at our online annuity marketplace.
Below are current Citibank CD rates by term. Promotional terms and jumbo tiers are labeled where applicable. Rates may vary by region and can change without notice. Consider comparing to high-yield annuities for better long-term options.
Today’s Citibank CD Rates
Minimum opening deposit is typically $500 unless noted.
| Notes | |||
|---|---|---|---|
| 3 months | 2.23% | $500 | Standard |
| 4 months | 2.96% | $500 | Standard |
| 5 months | 3.92% | $500 | Standard |
| 6 months | 1.98% | $500 | Standard |
| 7 months | 1.98% | $500 | Standard |
| 8 months | 3.44% | $500 | Standard |
| 9 months* | 2.96% | $500 | Featured |
| 10 months | 0.05% | $500 | Standard |
| 11 months | 0.05% | $500 | Standard |
| 12 months ($100K+) | 3.00% | $100,000 | Jumbo tier |
| 12 months (<$100K) | 2.00% | $500 | Standard tier |
| 13 months | 0.10% | $500 | Standard |
| 14 months | 0.10% | $500 | Standard |
| 15 months | 0.10% | $500 | Standard |
| 18 months | 2.47% | $500 | Standard |
| 24 months (<$100K) | 0.50% | $500 | Standard tier |
| 24 months (>$100K) | 1.00% | $100,000 | Jumbo tier |
| 30 months | 0.10% | $500 | Standard |
| 36 months | 1.98% | $500 | Standard |
| 48 months | 1.98% | $500 | Standard |
| 60 months | 1.98% | $500 | Long-term |
Source context: Citi Q4 2025 Earnings Press Release
Important Disclosures and Terms
† Annual Percentage Yield (APY) is accurate as of 01/20/2026. The Composite Annual Percentage Yield (APY) for the Step Up CD is accurate as of 01/20/2026 and is based on the 3 fixed initial interest rates shown for Months 1 through 10, Months 11 through 20, and Months 21 through 30. APYs are subject to change before a term begins for new and renewing CDs. The APY assumes interest remains on deposit in the CD account until maturity. Credited interest may be withdrawn without penalty. A withdrawal will reduce earnings. A penalty will be imposed for early withdrawal of principal. Fees could reduce account earnings. The No Penalty CD allows withdrawal of the full balance and interest without penalty after the first 6 days you make the minimum deposit into your new CD and your deposit has been fully collected. An early withdrawal penalty applies to withdrawals from a No Penalty CD during the first 6 days. Partial withdrawals, including interest withdrawals, from a No Penalty CD are not permitted. $500 minimum deposit required.
When the APY is based on account balance, the applicable balance range will be used to determine your APY and interest rate; account balance may not be a factor for all CD terms. Citi may assign the same APY to more than one balance range.
Balance ranges include:
$0 – $9,999.99
$10,000 – $24,999.99
$25,000 – $49,999.99
$50,000 – $99,999.99
$100,000 – $499,999.99
$500,000 – $999,999.99
$1,000,000+
No Penalty CDs automatically renew without the no penalty feature to a 12 month CD. Step Up CDs automatically renew without the step up feature to a 30 month CD. All CDs automatically renew at maturity for the same term at the rates in effect on the CD renewal date. There is a grace period of up to 7 calendar days after the maturity date. You can make a change during the grace period without penalty. The CD opening date (renewal date) and maturity date will reset if you make a change during the grace period, and you will not be able to make any changes until the next maturity date without penalty.
For full terms and conditions please view the Consumer Deposit Account Agreement and Account Agreement and Notices page. To apply online, you must be a U.S. citizen or a U.S. resident alien and at least 18 years old. You'll need to provide a physical address in the U.S., date of birth and applicable identification documentation which may include a Social Security Number or Individual Taxpayer Identification number.
Deposit products are provided by Citibank, N.A. Member FDIC. Only bank deposit products are FDIC insured. Deposits are FDIC insured up to $250,000 per depositor, for each account ownership category. To learn more visit www.fdic.gov.
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Asterisks: * Featured. Confirm details in application flow. Tiered rates split for clarity.
Promotional and Featured Citi CD Rates
Featured terms (marked with *) can change without notice and may vary by state or relationship status.
Jumbo and IRA CD Rates
Jumbo CDs typically require $100,000+ and may offer different APYs, as shown above for 12- and 24-month terms.
Citibank Early Withdrawal Penalties
- Terms 12 months or less: penalty equals 90 days of simple interest on the amount withdrawn.
- Terms over 12 months: penalty equals 180 days of simple interest on the amount withdrawn.
- No‑penalty CDs, when offered, allow early withdrawals after a short lock‑in without the standard penalty.
Frequently Asked Questions
Why do some APYs show a range or tiers?
Tiers indicate APY differences by balance (e.g., jumbo vs. standard). When APY is based on account balance, Citi uses specific ranges like $0–$9,999.99 up to $1,000,000+ to determine rates.
What counts as a jumbo CD at Citi?
Typically $100,000 or more. Jumbo terms are labeled and may carry different APYs, as seen in tiers for 12-month and 24-month CDs.
What is the minimum deposit for Citibank CDs?
A $500 minimum deposit is required for most CDs. Jumbo tiers may require $100,000+, and balance ranges can affect APY.
How do Citibank CDs renew?
All CDs automatically renew at maturity for the same term at then-current rates. There's a 7-day grace period to make changes without penalty. No Penalty CDs renew as standard 12-month CDs, and Step Up CDs renew as standard 30-month CDs.
Are Citibank CDs FDIC insured?
Yes, deposits are FDIC insured up to $250,000 per depositor, per account ownership category. Only bank deposit products are FDIC insured.
We are not Citibank. This page is for educational purposes only. Rates and terms can change without notice. Always verify details with Citibank before opening an account.
