Citibank vs. EverBank
Comparing Citibank and EverBank for high-yield savings: Citibank's Citi Accelerate Savings pays 3.15% APY while EverBank's Performance Savings pays 3.90% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? EverBank pays $75 more than Citibank annually ($390 vs $315).
Choose EverBank if getting the best rate matters most, or BBB rating matters to you.
Important Considerations
Citibank's Accelerate Savings is only available in select states where Citi has no branch presence. Check eligibility before applying.
| Metric | CitibankCiti Accelerate Savings Apr 7, 2026 | EverBankPerformance Savings Apr 7, 2026 |
|---|---|---|
| APY | 3.15% | 3.90% |
Est. Earnings | $5,000+$158 $10,000+$315 $25,000+$788 | $5,000+$195 $10,000+$390 $25,000+$975 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | Eligibility restricted to select states. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.
Executive Summary
EverBank offers a superior savings option with its Performance Savings account, boasting an APY of 3.90%. This online-only account has no maintenance fees and requires no minimum deposit, making it an attractive choice for savers. In comparison, Citibank's top product, the Citi Accelerate Savings account, provides a lower APY of 3.15% and is also online-only, but eligibility is restricted to select states. While Citibank does offer a secondary savings account with a minimal APY of 0.03%, it does not compete with EverBank's higher yield. Overall, EverBank stands out for its simplicity and higher returns.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Citibank?
No distinct advantages found vs EverBank.
Why EverBank?
- ✓Higher potential APY (3.90% vs 3.15%) on all balances
- ✓Available Nationwide
— Key Feature Differences —
Better Returns at $10,000
EverBankEverBank's Performance Savings earns more on smaller deposits (approx. $390 vs $315/yr).
Better Returns at $25,000
EverBankEverBank's Performance Savings pulls ahead with larger amounts (approx. $975 vs $788/yr).
Best for Simplicity
EverBankEverBank's Performance Savings offers 3.90% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, EverBank's Performance Savings pays $75 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.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Citibank vs. EverBank Savings Calculator
You earn $75 more with EverBank than Citibank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Citibank
Citi Accelerate Savings
Savings Breakdown
- Interest Earned+$315.00(3.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,315.00
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $314 per year in interest.
Both Citibank and EverBank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Citibank | EverBank |
|---|---|---|
| APY | 3.15% Verified: 4/7/2026 ↘︎ 0.15%90d Change | 3.90% Verified: 4/7/2026 Stable (90d) |
| Product Name | Citi Accelerate Savings | Performance Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $4.50. Waived for average monthly balances > $500 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | U.S. branches are concentrated in six metropolitan areas, New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. | 11 locations in Florida and California |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Limit: $2,500/dayTiered limits based on account status (Citigold higher). | Available Native integration verified. |
| BBB Rating | D- | A+ |
| Important Notes | Eligibility restricted to select states. | - |
| Next Steps | Visit SiteVerify at Citibank Non-sponsored link to official site | Visit SiteVerify at EverBank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Citibank | EverBank | |
|---|---|---|---|
| Citi® Savings Account | Citi Accelerate Savings | Performance Savings | |
Current APY | 0.03% | 3.15% | 3.90% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | 0.0 | -4.6 | -4.6 |
Days Since Change | 365 | 28 | 109 |
12-Month High | 0.03% | 3.70% | 4.30% |
12-Month Low | 0.03% | 3.15% | 3.90% |
Adjustments / Mo | 0.00 | 0.58 | 0.16 |
Volatility Score | 0.000 | 0.048 | 0.042 |
How to read these metrics(Click to expand)
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More Comparisons
Compare Citibank's APY of 3.15% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Citibank vs Ally Bank | 3.20% | $0 |
| Citibank vs American Express | 3.20% | $0 |
| Citibank vs Axos Bank | 4.21% | $0 |
| Citibank vs Barclays | 3.85% | $0 |
| Citibank vs Capital One | 3.20% | $0 |
| Citibank vs Chime | 3.00% | $0 |
| Citibank vs CIT Bank | 3.75% | $100 |
| Citibank vs Discover Bank | 3.30% | $0 |
| Citibank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Citibank vs Newtek Bank | 4.20% | $0.01 |
| Citibank vs Openbank | 4.00% | $500 |
| Citibank vs Pibank | 4.60% | $0 |
| Citibank vs SoFi Bank | 4.00% | $0 |
| Citibank vs Synchrony Bank | 3.50% | $0 |
| Citibank vs Varo Bank | 5.00% | $0 |
| Citibank vs Wealthfront | 4.20% | $0 |