Chase Bank vs. Citibank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Chase Bank vs. Citibank
Key Metrics at a Glance
| Feature | Chase Bank | Citibank |
|---|---|---|
| Top Savings APY | 0.01% Chase Savings℠ | 3.35% Citi Accelerate Savings |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0.01 |
| Note | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. |
Chase Bank
Strengths
- Chase Bank has a higher App Store rating at 4.8.
- Chase Savings℠ has no minimum balance requirement.
Potential Drawbacks
- Chase Bank offers a low APY of 0.01%, unchanged from 30 days ago.
- Chase Bank has a maintenance fee of $5.
Citibank
Strengths
- Citi Accelerate Savings offers a competitive APY of 3.35%, up from 3.40% 30 days ago.
- Citi Bank has a higher Google Play rating at 4.8.
Potential Drawbacks
- Citibank has a poor BBB rating of D- and is not accredited.
- Citi Accelerate Savings has a maintenance fee of $4.50.
Summary: Chase Bank provides a low APY of 0.01% and a maintenance fee of $5, while Citibank's Citi Accelerate Savings offers a much higher APY of 3.35% but has a D- BBB rating. Both banks have no minimum deposit requirements, but Citibank's account incurs a maintenance fee unless a balance is maintained. Chase Bank has a better App Store rating, while Citibank excels in Google Play ratings.
→ As of November 12, 2025 Chase Bank offers an APY of 0.01% for its Chase Savings℠ account, with a minimum balance of $0, compared to Citibank's 3.35% APY for its Citi Accelerate Savings account, with a minimum balance of $0.01.
→ Citibank yields $334 more than Chase Bank on a $10,000 balance after one year. Chase Bank pays $1, while Citibank pays $335 - an APY advantage for Citibank.
→ In addition, Citibank also offers 0.03% APY for the Citi® Savings Account account.
Calculate Savings Growth for Chase Bank vs Citibank
All calculations are based on APY.
Chase Bank - Chase Savings℠
Top APY: 0.01%
Total savings breakdown:
- Interest earned: $5.7 (0.03%)
- Total contributions: $13,000 (72.20%)
- Initial deposit: $5,000 (27.77%)
Your total balance
$18,005.70
Effective APY: 0.01% (based on your deposit and contributions)
Total balance: $18,005.7
Earnings: $5.7
Bank OverviewCitibank - Citi Accelerate Savings
Top APY: 3.35%
Total savings breakdown:
- Interest earned: $2,018.8 (10.08%)
- Total contributions: $13,000 (64.94%)
- Initial deposit: $5,000 (24.98%)
Your total balance
$20,018.80
Effective APY: 3.35% (based on your deposit and contributions)
Total balance: $20,018.8
Earnings: $2,018.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Chase Bank's total earnings would be $2,013.1 lower than Citibank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Chase Bank's vs Citibank's Savings Accounts
| Chase Bank | Citibank | |||
|---|---|---|---|---|
| Product | Chase Savings℠ | vs | Citi Accelerate Savings | Citi® Savings Account |
| APY | 0.01% (as of 11/12/2025) | 3.35% (as of 11/12/2025) | 0.03% (as of 11/12/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | No | Yes | No | |
| Compound Frequency | Monthly | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $0 | |
| Minimum Balance for APY | $0 | $0.01 | $0.01 | |
| Maintenance Fee | $5 | $4.50. Waived for average monthly balances > $500 | $4.50. Waived for average monthly balances > $500 | |
| Direct Deposit Required | No | No | No | |
| Eligibility | United States | 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. | |
| Note | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. | |||
| App Store Rating | 4.8/5 | 4.9/5 | ||
| Google Play Rating | 4.6/5 | 4.8/5 | ||
| BBB Rating | A- | D- | ||
Comparative Historical APY Insights (Last 9 Months)
| Chase Bank | Citibank | |||
|---|---|---|---|---|
| Product | Chase Savings℠ | vs | Citi® Savings Account | Citi Accelerate Savings |
| Latest APY | 0.01 % | 0.03 % | 3.35 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -0.0 | -4.8 | |
| Rate Changes / Mo | 0.00 | 0.00 | 0.52 | |
| Days Since Last Change | 287 | 288 | 9 | |
| High (-9 m) | 0.01 % | 0.03 % | 3.80 % | |
| Low (-9 m) | 0.01 % | 0.03 % | 3.35 % | |
| Draw-down from High | 0.0 % | 0.0 % | -11.8 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.039 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 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 (-9 m)
- Highest APY in the last 288 days.
- Low (-9 m)
- Lowest APY in the last 288 days.
- Draw-down from High
- How far today sits below the 9-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.