Citibank vs. FNBO Direct
Comparing Citibank and FNBO Direct for high-yield savings: Citibank's Citi Accelerate Savings pays 3.20% APY while FNBO Direct's High-Yield Online Savings Account pays 3.00% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Citibank pays $20 more than FNBO Direct annually ($320 vs $300).
Choose Citibank if getting the best rate matters most, or choose FNBO Direct if 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 Feb 21, 2026 | FNBO DirectHigh-Yield Online Savings Account Feb 21, 2026 |
|---|---|---|
| APY | 3.20% | 3.00% |
Est. Earnings | $5,000+$160 $10,000+$320 $25,000+$800 | $5,000+$150 $10,000+$300 $25,000+$750 |
Min Deposit | $0 | $1 |
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 InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® SupportedRate 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.
Comparison Analysis
Comparing Citibank vs. FNBO Direct
Executive Summary
Citibank offers a competitive savings option with its Citi Accelerate Savings account, providing a 3.20% APY with no direct deposit requirement and no caps on deposits, making it an attractive choice for savers. This account is available in select states, which may limit accessibility for some customers. In contrast, FNBO Direct's High-Yield Online Savings Account offers a slightly lower 3.00% APY, but it has no maintenance fees and is available to a broader audience since it is online-only. Overall, Citibank's Citi Accelerate Savings stands out as the winner based on the higher APY.
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?
- ✓Higher potential APY (3.20% vs 3.00%) on all balances
- ✓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.)
- ✓Higher rated iOS app (4.9 vs 4.5)
Why FNBO Direct?
- ✓Available Nationwide
— Key Feature Differences —
Better Returns at $10,000
CitibankCitibank's Citi Accelerate Savings earns more on smaller deposits (approx. $320 vs $300/yr).
Better Returns at $25,000
CitibankCitibank's Citi Accelerate Savings pulls ahead with larger amounts (approx. $800 vs $750/yr).
Best for Simplicity
CitibankCitibank's Citi Accelerate Savings offers 3.20% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Citibank's Citi Accelerate Savings pays $20 more interest on a $10,000 balance than FNBO Direct's High-Yield Online Savings Account.
*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. FNBO Direct Savings Calculator
You earn $20 more with Citibank than FNBO Direct 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+$320.00(3.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,320.00
FNBO Direct
High-Yield Online Savings Account
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
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 $299 per year in interest.
Both Citibank and FNBO Direct dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Citibank | FNBO Direct |
|---|---|---|
| APY | 3.20% Verified: 2/21/2026 ↘︎ 0.10%90d Change | 3.00% Verified: 2/21/2026 Stable (90d) |
| Product Name | Citi Accelerate Savings | High-Yield Online Savings Account |
| Minimum Deposit | $0 | $1 |
| Min. Balance for APY | $0.01 | $0.01 |
| Monthly Fee | $4.50. Waived for average monthly balances > $500 | $0 |
| Compound Frequency | Daily | Monthly |
| 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. | None |
| 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 Online division fully supports Zelle. |
| 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 FNBO Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Citibank | FNBO Direct | |
|---|---|---|---|
| Citi® Savings Account | Citi Accelerate Savings | High-Yield Online Savings Account | |
Current APY | 0.03% | 3.20% | 3.00% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -0.0 | -4.6 | -4.4 |
Days Since Change | 208 | 25 | 141 |
7-Month High | 0.03% | 3.50% | 3.25% |
7-Month Low | 0.03% | 3.20% | 3.00% |
Adjustments / Mo | 0.00 | 0.57 | 0.14 |
Volatility Score | 0.000 | 0.028 | 0.036 |
How to read these metrics(Click to expand)
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More Comparisons
Compare Citibank's APY of 3.20% with other banks
Compare FNBO Direct's APY of 3.00% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| FNBO Direct vs Ally Bank | 3.20% | $0 |
| FNBO Direct vs American Express | 3.30% | $0 |
| FNBO Direct vs Axos Bank | 4.21% | $0 |
| FNBO Direct vs Bank of America | 0.01% | $100 |
| FNBO Direct vs Barclays | 3.85% | $0 |
| FNBO Direct vs Capital One | 3.30% | $0 |
| FNBO Direct vs Chase Bank | 0.01% | $0 |
| FNBO Direct vs Chime | 3.00% | $0 |
| FNBO Direct vs CIT Bank | 3.75% | $100 |
| FNBO Direct vs Discover Bank | 3.30% | $0 |
| FNBO Direct vs EverBank | 3.90% | $0 |
| FNBO Direct vs Marcus by Goldman Sachs | 3.65% | $0 |
| FNBO Direct vs Newtek Bank | 4.20% | $0.01 |
| FNBO Direct vs Openbank | 4.09% | $500 |
| FNBO Direct vs Pibank | 4.60% | $0 |
| FNBO Direct vs SoFi Bank | 4.00% | $0 |
| FNBO Direct vs Synchrony Bank | 3.50% | $0 |
| FNBO Direct vs Varo Bank | 5.00% | $0 |
| FNBO Direct vs Wealthfront | 3.95% | $0 |
| FNBO Direct vs Wells Fargo | 0.05% | $25 |