Citibank CD Rates
Citibank ranks among the largest banks in the United States, and has a presence in over 100 countries around the globe. Best CD Rates Info decided to review Citibank CD Rates in our effort to find the highest CD rates available.
Citibank has basically one “flavor” of certificate of deposit, a standard CD with a $500 minimum deposit for CDs opened online. With those constants, CD rates for Citibank vary depending upon the length of the term of the CD. We decided to profile one short term Citibank CD an one long term Citibank CD.
Most interesting to us among the Citibank CD Rates of short term CDs is the Citibank 9 Month CD. With an interest rate of 2.71 percent and an Annual Percentage Yield (APY) of 2.75 percent in our area, the Citibank 9-month CD seems fairly appealing for a short-term CD. However, for investors with $5,000 to invest who are open to a one month longer term, you may want to read about the IndyMac Bank CD rates for their 10 Month CD Special.
If you are looking for a long term CD, in our opinion the most interesting Citi offering is the Citibank 5 Year CD. In our area an interest rate of 3.68 percent and an Annual Percentage Yield of 3.75 percent is offered for the Citibank 5-year CD. While not too bad considering the $500 minimum deposit, investors with $5,000 or more may want to read our review of Wachovia CD rates.
Given the low minimum deposits required, and respectable interest rates, Citibank short term and long term CDs will likely appeal to some investors. Citibank CD interest rates and other terms can vary by region and change with time, so be sure to visit the Citibank web site to confirm the current offerings in your area.