Affirm vs. Citibank
Compare rates, requirements, and features side-by-side to find the best option for you.
Affirm
Affirm Money Account
3.60%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Affirm
Affirm Money Account
Citibank
Citi Accelerate Savings
3.30%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Citibank
Citi Accelerate Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Affirm vs. Citibank Savings Calculator
Affirm earns $190.7 more than Citibank.
Affirm
Affirm Money Account
Savings Breakdown
- Interest Earned+$2,177.80(10.8%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,177.80
Citibank
Citi Accelerate Savings
Savings Breakdown
- Interest Earned+$1,987.10(9.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,987.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Affirm vs. Citibank
Why Affirm?
- ✓Higher potential APY (3.60% vs 3.30%) on all balances
- ✓Available Nationwide
Why Citibank?
- ✓Physical branch access (U.S. branches are concentrated in six metropolitan areas, New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami.)
— Key Feature Differences —
Better Returns at $10,000
AffirmAffirm's Affirm Money Account earns more on smaller deposits (approx. $360 vs $330/yr).
Better Returns at $25,000
AffirmAffirm's Affirm Money Account pulls ahead with larger amounts (approx. $900 vs $825/yr).
Best for Simplicity
AffirmAffirm's Affirm Money Account offers 3.60% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Affirm's Affirm Money Account pays $30 more interest on a $10,000 balance than Citibank's Citi Accelerate Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Affirm offers the Affirm Money Account, which provides a competitive APY of 3.60%, making it an attractive option for savers, especially since it has no minimum deposit, maintenance fees, or direct deposit requirements. This account is online-only and FDIC-insured through Cross River Bank. In contrast, Citibank's top product, the Citi Accelerate Savings, offers a slightly lower APY of 3.30% and also has no minimum deposit requirement, but it is restricted to select states. Both accounts are designed for simplicity, but Affirm's higher yield positions it as the more favorable choice for those looking to maximize their savings.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Affirm and Citibank.
| Feature | Affirm | Citibank |
|---|---|---|
| APY | 3.60% Verified: 12/10/2025 ↘︎ 0.25%90d Change | 3.30% Verified: 12/10/2025 ↘︎ 0.20%90d Change |
| Product Name | Affirm Money Account | Citi Accelerate Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $4.50. Waived for average monthly balances > $500 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.8 | iOS4.9 Android4.8 |
| BBB Rating | A+ | D- |
| Important Notes | While Affirm is not a bank, it is FDIC-insured through partner Cross River Bank. | Eligibility restricted to select states. |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Affirm | Citibank | |
|---|---|---|---|
| Affirm Money Account | Citi® Savings Account | Citi Accelerate Savings | |
Current APY | 3.60% | 0.03% | 3.30% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.8 | -0.0 | -4.9 |
Days Since Change | 75 | 315 | 22 |
10-Month High | 3.85% | 0.03% | 3.80% |
10-Month Low | 3.60% | 0.03% | 3.30% |
Adjustments / Mo | 0.09 | 0.00 | 0.57 |
Volatility Score | 0.030 | 0.000 | 0.044 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare Affirm vs...
Comparing against Standard Savings
Compare Citibank vs...
Comparing against Standard Savings
Higher Rates (With Checking)
Looking for something different? Check out these top-rated alternatives.