Current Citibank Certificate of Deposit rates by term, with featured promotional APYs, jumbo tiers, and a side-by-side comparison to today's best fixed annuity rates from 90+ top annuity companies.
Multi-year guaranteed annuities (MYGAs) offer fixed rates well above Citibank's CD rates at 3-, 4-, and 5-year terms, with the same principal protection.
Citibank pays its best CD rates on a few terms and much less on the rest. These are the three highest-paying Citi CD terms as of September 21, 2026. Where two rates show, balances of $100,000 or more earn the higher one.
Every Citibank CD term as of September 21, 2026, from Bankrate's Citibank CD rate table. Tiered rows show the standard rate first and the $100,000+ jumbo rate second. APYs may vary by region.
| Term | APY | Minimum Deposit | Type |
|---|---|---|---|
| 3-Month | 0.05% | $500 | Standard |
| 4-Month | 2.00% | $500 | Standard |
| 5-Month | 2.50% | $500 | Top rate Standard |
| 6-Month | 2.00% | $500 | Standard |
| 7-Month | 4.00% to 4.15% | $500 / $100K+ | Top rate Tiered |
| 8-Month | 2.00% | $500 | Standard |
| 9-Month | 2.00% | $500 | Standard |
| 10-Month | 0.05% | $500 | Standard |
| 11-Month | 0.05% | $500 | Standard |
| 1-Year | 4.25% | $500 | Top rate Standard |
| 13-Month | 2.00% | $500 | Standard |
| 14-Month | 0.10% | $500 | Standard |
| 15-Month | 2.00% | $500 | Standard |
| 18-Month | 2.00% | $500 | Standard |
| 2-Year | 2.00% | $500 | Standard |
| 30-Month | 0.50% to 1.01% | $500 / $100K+ | Tiered |
| 3-Year | 2.00% | $500 | Standard |
| 4-Year | 2.00% | $500 | Standard |
| 5-Year | 2.00% | $500 | Standard |
Annual Percentage Yield (APY) is accurate as of September 21, 2026. The Composite Annual Percentage Yield (APY) for the Step Up CD is accurate as of September 21, 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 Credited interest may be withdrawn without penalty.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+
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.
Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. PayPal.com and the PayPal logo are trademarks of PayPal Holdings, Inc., or its affiliates. PayPal terms and conditions apply. Venmo is a service of PayPal, Inc., a licensed provider of money transfer services (NMLS ID: 910457). All money transmission is provided by PayPal, Inc. pursuant to PayPal, Inc.'s licenses. Certain other trademarks listed above are owned by third parties not affiliated with Citibank. World Wallet services are provided by Citibank, N.A. World Wallet is a registered service mark of Citigroup, Inc.
(c)2026 Citigroup Inc. Citi, Citi and Arc Design and other marks used herein are service marks of Citigroup Inc. or its affiliates, used and registered throughout the world.
A multi-year guaranteed annuity (MYGA) is the closest equivalent to a bank CD: a fixed interest rate locked in for a set term, with principal protection. The difference is that MYGAs are issued by insurance carriers rather than banks, and they currently pay materially more than Citibank's CDs at every term beyond 1 year.
| Term | Citibank CD APY | Best MYGA APY | Rate Advantage |
|---|---|---|---|
| 2-Year | 2.00% | 5.25% | +3.25% |
| 3-Year | 2.00% | 6.50% | +4.50% |
| 5-Year | 2.00% | 7.15% | +5.15% |
Best MYGA rates shown are today's top rates by term from our live rate feed, updated automatically. See today's full MYGA rate table with carrier names and ratings, or go straight to 3-year MYGA rates and 5-year MYGA rates.
A MYGA works like a CD but is issued by an insurance company, and its interest grows tax-deferred. MYGAs are not FDIC insured; they are backed by the issuing insurer. Tell us your deposit, term and state, and we will send current MYGA rates in writing.
Citibank's 13-month CD pays 2.00% APY with a $500 minimum deposit. In prior years Citi has run 13-month promotional CDs at higher APYs. Citi's highest-paying term right now is the 1-Year CD at 4.25% APY.
If you specifically want about a year, a 1-year MYGA or a custom-term MYGA (some carriers offer 13-month options) is worth comparing. Compare 1-year MYGA rates.
The Citibank 6-month CD pays 2.00% APY. Minimum deposit is $500.
Before you pick a short term, compare it with Citi's best rate, the 1-Year CD at 4.25% APY. At Citi, a slightly longer or shorter term can pay very different rates.
Citibank pays promotional-level rates on only a few terms. The highest-paying Citi CD terms right now:
These rates can change without notice and may vary by state, ZIP code, or relationship status (Citigold, Citi Priority, etc.). At maturity, Citi CDs automatically renew at the rate in effect on the renewal date unless you make a change during the 7-day grace period.
Citibank offers a No Penalty CD that allows withdrawal of the full balance and accrued interest without an early-withdrawal penalty after the first 6 days following the initial deposit. The current No Penalty CD APY is not displayed on Citi's public rate sheet; rates are quoted in-branch or through the Citibank application flow, and historically the No Penalty CD APY has tracked the standard short-term CD tier.
Key No Penalty CD rules:
For comparable liquidity in the annuity world, look for MYGAs with a return-of-premium rider or short surrender schedule. See MYGAs with flexible withdrawal options.
Citibank does not offer a senior-specific CD with a separate interest rate or special features. CD APYs at Citi are the same regardless of the depositor's age, so seniors get the same rates in the table above as any other depositor.
That said, retirees and pre-retirees (typically age 60 and up) often find better value in a MYGA than a Citibank CD for three reasons:
For a deeper comparison, see our fixed annuity vs. CD comparison.
Compare what your money earns in a Citibank CD versus a comparable-term MYGA. Enter your deposit and term, and the calculator will show the side-by-side after-interest balance and dollar advantage.
See exactly what your fixed annuity will be worth at maturity, plus a year-by-year growth schedule and a tax-aware comparison vs a CD at the same rate.
| Total interest earned | |
| Effective annual yield (APY) | |
| If withdrawn at maturity (after tax) | |
| Equivalent CD ending value (interest taxed yearly) | |
| MYGA tax-deferral advantage |
The CD comparison assumes interest earned in a CD is taxed each year at your marginal rate, while MYGA interest compounds tax-deferred until withdrawal. Actual MYGA rates change daily - see today's top MYGA rates across 90+ top annuity companies.
See all annuity and retirement calculators - including the SPIA income calculator, retirement-gap calculator, and Social Security claiming calculator.
A Certificate of Deposit (CD) is a time deposit account: you lock a fixed sum of money with the bank for a defined term in exchange for a guaranteed interest rate. Citibank offers CD terms ranging from 3 months to 5 years. The interest rate is fixed for the entire term and does not change with market conditions, which is the main appeal of a CD over a savings or money market account.
Citibank offers three CD types:
Both pay interest, and both are FDIC insured up to the standard limits. The differences are liquidity and rate certainty. A savings or money market account lets you access your money at any time, but the rate can change daily at the bank's discretion. A CD locks in a rate for the entire term but penalizes early withdrawal. CDs typically pay more than a savings account in exchange for that lock-in, though Citibank's 3- to 5-year CDs at 2.00% APY currently pay less than many high-yield savings accounts.
Interest on Citibank CDs is compounded daily and credited based on term length. For CDs with terms of 1 year or less, you can choose monthly crediting or at-maturity crediting. For the No Penalty CD and any CD over 1 year, interest is credited monthly. You can have interest deposited back into the CD or sent to a linked Citi checking, savings, or money market account. Sending interest to an external account reduces your effective APY because the disclosed APY assumes interest stays in the CD until maturity.
At the end of the term (the Maturity Date), the CD automatically renews for the same term at the rate available on the renewal date. Citi sends a Notice of Maturity approximately 30 days before maturity. You then have a 7-day grace period to close the CD, change the term, add money, or withdraw money without penalty. Take any of those actions and the grace period ends, the opening date resets, and a new maturity date applies. Promotional rates are typically not honored on renewal - the CD renews at the standard rate for the term, which is often materially lower.
To apply online you must be a U.S. citizen or U.S. resident alien, at least 18 years old, and have a physical U.S. address. You'll provide your date of birth and a Social Security Number or Individual Taxpayer Identification Number. There are no fees to open a Citibank CD account.
Penalties are deducted from your principal if you have not accrued enough interest to cover them. For longer terms, the 180-day penalty on a low-APY CD can wipe out a meaningful portion of your earnings. Fixed annuities have early-withdrawal costs too, so compare them with annuity surrender charges before you choose.
The best Citibank CD rate as of September 21, 2026 is the 1-Year CD at 4.25% APY. The next-best terms are the 7-Month CD at 4.00% to 4.15% APY and the 5-Month CD at 2.50% APY.
Not currently. Citibank's 13-month CD pays 2.00% APY today. Citi's highest-paying term is the 1-Year CD at 4.25% APY.
$500 for Citibank's standard CDs. Some terms (7-month, 30-month) pay a higher APY on balances of $100,000 or more.
Ranges indicate balance tiering. Citibank groups deposits into balance ranges from $0-$9,999.99 up to $1,000,000+, and certain terms (7-month, 30-month) pay a different APY at the $100,000+ level. The same APY may apply to multiple ranges.
Yes. Citibank, N.A. is a Member FDIC institution. Deposits are insured up to $250,000 per depositor, per account ownership category. Annuities are not FDIC insured; instead, they are backed by the issuing insurance carrier and your state guaranty association.
All Citibank CDs automatically renew at maturity for the same term at the standard (non-promotional) rate in effect on the renewal date. There is a 7-day grace period during which you can change the term, withdraw funds, or close the CD without penalty. No Penalty CDs renew into a standard 12-month CD without the no-penalty feature.
No. Once a Citibank CD (Fixed Rate, No Penalty, or Step Up) is funded, you cannot add money during the term. The No Penalty CD only allows a full-balance withdrawal - partial withdrawals are not permitted. You can add money or change the term during the 7-day grace period after maturity.
No. Citibank charges no fees to open a CD account online. Early withdrawal penalties apply if you take principal out before maturity (90 days of interest for terms 12 months or less, 180 days for longer terms).
Yes. During the 7-day grace period after a CD matures, you can renew into any CD term or type Citibank currently offers - Fixed Rate, No Penalty, or Step Up - subject to that product's minimum deposit and current APY.
For money you won't need for 3 or more years, a MYGA typically wins on rate (up to 6.50% on a 3-year and 7.15% on a 5-year today vs. Citi's 2.00%) and on tax-deferred growth. For money you might need within a year, Citi's 1-Year CD at 4.25% APY may be the cleaner fit. See our fixed annuity vs. CD comparison for a deeper breakdown.
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