Citibank: Savings Accounts & Rates
By Aviel Fahl
Savings rates updated: 11/16/2025
Mission statement: Banksparency aims to make Citibank's savings accounts transparent and comparable to those of other banks. .
Note: Interest rates below are reported as APY, or Annual Percentage YieldWe earn a commission if you open an account through some links on this page.
Savings Overview
Citi Accelerate Savings: 3.35% APY(Rank 76 out of 87 tracked HYSAs)
Citi® Savings Account: 0.03% APY(Rank 98 out of 103 savings accounts)
National Savings Interest Rate: 0.4% (as of 10/20/2025)
Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.
(Source: FDIC)Bank Overview
Location: New York, New York
Founded: 1812
Affiliation: Subsidiary of Citigroup (NYSE: C)
Access to Branches: U.S. branches are concentrated in six metropolitan areas, New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami.
BBB Rating: D- (Not BBB Accredited)
App Store Rating: 4.9/5
Google Play Rating: 4.8/5
Website: Visit Citibank
Our Take on Citibank
Highlights
- Citi Accelerate Savings offers a competitive APY of 3.35%
- Account has no minimum deposit requirement
- High App Store rating of 4.9
- Branches available in major U.S. metropolitan areas
Considerations
- Citi Accelerate Savings has a maintenance fee of $4.50
- BBB rating is low at D- and not accredited
- Citi® Savings Account offers a very low APY of 0.03%
- Both accounts require average monthly balances > $500 to waive fees
Savings Accounts: In-Depth View
Savings Accounts Offered by Citibank
| Feature | Citi Accelerate Savings | Citi® Savings Account |
|---|---|---|
| APY | 3.35% (as of 11/16/2025) | 0.03% (as of 11/16/2025) |
| APY Trend | -0.05% MoM/-0.15% QoQ | Stable for the last quarter |
| Minimum Deposit | $0 | $0 |
| Minimum Balance for APY | $0.01 | $0.01 |
| FDIC-insured | Yes | Yes |
| Online Only | Yes | No |
| Bundled Account | No | No |
| Direct Deposit Required | No | No |
| Compound Frequency | Daily | Daily |
| Maintenance Fee | $4.50. Waived for average monthly balances > $500 | $4.50. Waived for average monthly balances > $500 |
| Eligibility | Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Florida (select parts), Georgia, Hawaii, Iowa, Idaho, Illinois (select parts), Indiana, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia (partial), Washington (partial), Wisconsin, West Virginia, Wyoming. | California, Connecticut, Maryland, Nevada, New Jersey, New York, Virginia (partial), Washington D.C., and select parts of Florida and Illinois. In addition, promotional rates may be available if requirements are met. |
| Sponsored Link | ||
No deposit agreement summary available for this bank. | ||
Calculate Savings for Citibank
Total savings breakdown:
- Interest earned: $1,302.4 (8.51%)
- Total contributions: $13,000 (84.95%)
- Initial deposit: $1,000 (6.53%)
Your total balance
$15,302.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Citibank Savings Rates Over Time
Historical APY Insights
| Metric | Citi® Savings Account | Citi Accelerate Savings |
|---|---|---|
| Latest APY | 0.03 % | 3.35 % |
| Trend | Sideways | Sideways |
| Slope (bps/mo) | 0.0 | -4.8 |
| Rate Changes / Mo | 0.00 | 0.51 |
| Days Since Last Change | 291 | 12 |
| High (-10 m) | 0.03 % | 3.80 % |
| Low (-10 m) | 0.03 % | 3.35 % |
| Draw-down from High | 0.0 % | -11.8 % |
| Volatility (CV) | 0.000 | 0.040 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 10 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-10 m)
- Highest APY in the last 292 days.
- Low (-10 m)
- Lowest APY in the last 292 days.
- Draw-down from High
- How far today sits below the 10-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
Compare Citibank's Savings Accounts
- Affirm - 3.60% APY
- All America Bank - 1.50-3.25% APY
- Ally Bank - 3.30% APY
- Amalgamated Bank - 2.25% APY
- American Express - 3.50% APY
- Ameriprise Bank - 3.15-3.15% APY
- Axos Bank - 4.51% APY
- Bank5 Connect - 3.85% APY
- Bank of America - 0.01% APY
- Barclays - 3.90-4.10% APY
- Bask Bank - 3.90% APY
- Betterment - 3.50% APY
- BMO Alto - 3.25% APY
- Bread Savings - 4.20% APY
- BrioDirect - 4.00% APY
- Capital One - 3.40% APY
- Carver Bank - 4.00% APY
- Charles Schwab Bank - 0.15% APY
- Chase Bank - 0.01% APY
- Chime - 1.00-3.50% APY
- CIBC Bank USA - 3.92% APY
- CIT Bank - 0.25-3.85% APY
- Citizens Access™ - 3.35% APY
- Colorado Federal Savings Bank - 4.05% APY
- ConnectOne Bank - 3.60% APY
- Customers Bank - 3.73% APY
- Discover Bank - 3.40% APY
- Elevault - 4.08% APY
- E*TRADE from Morgan Stanley - 3.75% APY
- EverBank - 4.05% APY
- Evergreen Bank Group - 4.25% APY
- First Foundation Bank - 4.00% APY
- Fitness Bank - 4.75% APY
- Flagstar Bank - 3.65% APY
- FNBO Direct - 3.00% APY
- Forbright Bank - 4.00% APY
- FVCbank - 3.85% APY
- GO2bank - 4.50% APY
- High Plains Bank - 0.23-3.82% APY
- Ivy Bank - 0.05-4.25% APY
- Jenius Bank - 4.20% APY
- LendingClub - 3.20-4.20% APY
- Live Oak Bank - 3.90% APY
- Marcus by Goldman Sachs - 3.65% APY
- MutualOne Bank - 4.07% APY
- My Banking Direct - 4.02% APY
- MySavingsDirect - 3.75% APY
- Neighbors Bank - 4.50% APY
- Newtek Bank - 4.35% APY
- Northeast Bank - 3.00% APY
- OMB Bank - 1.00% APY
- Openbank - 4.20% APY
- Peak Bank - 4.20% APY
- Pibank - 4.60% APY
- PNC - 3.53% APY
- Poppy Bank - 4.00% APY
- Popular Direct - 4.00% APY
- Presidential Bank - 3.75-4.25% APY
- Prime Alliance Bank - 3.90% APY
- Primis Bank - 3.85% APY
- Quontic Bank - 3.75% APY
- RBMAX - 3.90% APY
- Rising Bank - 3.95% APY
- ROGER - 3.87% APY
- Salem Five Direct - 3.71% APY
- Sallie Mae Bank - 3.90% APY
- Santander Bank - 0.01% APY
- SmartyPig - 3.90% APY
- SoFi Bank - 4.30% APY
- Synchrony Bank - 3.80% APY
- TAB Bank - 3.80% APY
- TD Bank - 0.05-2.75% APY
- The State Exchange Bank - 3.96% APY
- TIMBR - 4.40% APY
- UFB Direct - 3.51-3.71% APY
- Upgrade - 3.05% APY
- Valley Direct - 4.10% APY
- Varo Bank - 2.50-5.00% APY
- Vio Bank - 4.21% APY
- Wealthfront - 3.50-4.15% APY
- Wells Fargo - 0.05-0.05% APY
- Western Alliance Bank - 4.05% APY
- Zynlo Bank - 4.20% APY
| Feature | Citibank | Select a bank... |
|---|---|---|
| Product | N/A | |
| APY | 3.35% (as of 11/16/2025) | N/A |
| Bundled Account | No | N/A |
| FDIC-insured | Yes | N/A |
| Online Only | Yes | N/A |
| Compound Frequency | Daily | N/A |
| Minimum Deposit | $0 | N/A |
| Minimum Balance for APY | $0.01 | N/A |
| Maintenance Fee | $4.50. Waived for average monthly balances > $500 | N/A |
| Direct Deposit Required | No | N/A |
| Eligibility | Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Florida (select parts), Georgia, Hawaii, Iowa, Idaho, Illinois (select parts), Indiana, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia (partial), Washington (partial), Wisconsin, West Virginia, Wyoming. | United States |
Bank-to-Bank Comparisons
Compare Citibank's APY of 3.35% with other banks
Alternatives to Citibank
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
Pibank
Pibank Savings: 4.60% APY
Minimum Deposit: $0
Online Only
Varo Bank
High-Yield Savings Account: 5.00% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
Online Only
Direct Deposit: Min. $1,000/month
EverBank
Performance Savings: 4.05% APY
Minimum Deposit: $0
Online Only
Synchrony Bank
High Yield Savings: 3.80% APY
Minimum Deposit: $0
Online Only
ConnectOne Bank
Connection Plus Savings: 3.60% APY
Minimum Deposit: $2,500
Bank5 Connect
Jumbo Savings: 3.85% APY
Minimum Deposit: $25,000
Online Only
Connect Savings: 1.50% APY
Minimum Deposit: $10
Online Only
Evergreen Bank Group
High-Yield Online Savings: 4.25% APY (Inactive)
Minimum Deposit: $100
Online Only
Ivy Bank
High-Yield Savings Account: 4.25% APY
Minimum Deposit: $2,500
Online Only
Eligible States: Limited (see details)
BMO Alto
Savings Account: 3.25% APY
Minimum Deposit: $0
Online Only
BrioDirect
High-Yield Savings Account: 4.00% APY
Minimum Deposit: $5,000
Online Only
Amalgamated Bank
Online Savings: 2.25% APY (Inactive)
Minimum Deposit: $100
Marcus by Goldman Sachs
Marcus Online Savings Account: 3.65% APY
Minimum Deposit: $0
Online Only