Citibank vs. Forbright Bank
Comparing Citibank and Forbright Bank for high-yield savings: Citibank's Citi Accelerate Savings pays 3.20% APY while Forbright Bank's Growth Savings pays 3.85% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Forbright Bank pays $65 more than Citibank annually ($385 vs $320).
Choose Forbright Bank 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 Feb 21, 2026 | Forbright BankGrowth Savings Feb 21, 2026 |
|---|---|---|
| APY | 3.20% | 3.85% |
Est. Earnings | $5,000+$160 $10,000+$320 $25,000+$800 | $5,000+$193 $10,000+$385 $25,000+$963 |
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.
Comparison Analysis
Comparing Citibank vs. Forbright Bank
Executive Summary
Forbright Bank offers a superior savings option with its Growth Savings account, boasting an APY of 3.85%, compared to Citibank's top product, the Citi Accelerate Savings, which yields 3.20%. Forbright's Growth Savings has no maintenance fees and does not require direct deposit, making it an attractive choice for savers. In contrast, Citibank's account has a maintenance fee of $4.50, which can be waived with a balance over $500. While Citibank provides a secondary savings option with a significantly lower APY of 0.03%, Forbright's Growth Savings is the clear winner for those seeking higher returns without complex requirements.
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 Forbright Bank.
Why Forbright Bank?
- ✓Higher potential APY (3.45%-3.85% vs 3.20%) on all balances
- ✓Offers 3 different high-yield savings options
- ✓Available Nationwide
— Key Feature Differences —
Better Returns at $10,000
Forbright BankForbright Bank's Growth Savings earns more on smaller deposits (approx. $385 vs $320/yr).
Better Returns at $25,000
Forbright BankForbright Bank's Growth Savings pulls ahead with larger amounts (approx. $963 vs $800/yr).
Best for Simplicity
Forbright BankForbright Bank's Growth Savings offers 3.85% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Forbright Bank's Growth Savings pays $65 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. Forbright Bank Savings Calculator
You earn $65 more with Forbright Bank 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+$320.00(3.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,320.00
Forbright Bank
Growth Savings
Savings Breakdown
- Interest Earned+$385.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,385.00
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 $319 per year in interest.
Both Citibank and Forbright Bank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Citibank | Forbright Bank |
|---|---|---|
| APY | 3.20% Verified: 2/21/2026 ↘︎ 0.10%90d Change | 3.85% Verified: 2/21/2026 ↘︎ 0.15%90d Change |
| Product Name | Citi Accelerate Savings | Growth 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. | Locations in the Washington D.C. area (Maryland and Virginia) |
| 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 Branch accounts only; Growth Savings online does NOT support. |
| 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 Forbright Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Citibank | Forbright Bank | |||
|---|---|---|---|---|---|
| Citi® Savings Account | Citi Accelerate Savings | Sprout Savings | Bright Savings | Growth Savings | |
Current APY | 0.03% | 3.20% | 3.45% | 3.45% | 3.85% |
Trend | Stable | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -0.0 | -4.7 | -4.3 | -4.3 | -3.8 |
Days Since Change | 365 | 25 | 43 | 43 | 43 |
12-Month High | 0.03% | 3.80% | 3.90% | 3.90% | 4.25% |
12-Month Low | 0.03% | 3.20% | 3.45% | 3.45% | 3.85% |
Adjustments / Mo | 0.00 | 0.58 | 0.16 | 0.16 | 0.16 |
Volatility Score | 0.000 | 0.049 | 0.045 | 0.045 | 0.038 |
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 Forbright Bank's APY of 3.85% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Forbright Bank vs Ally Bank | 3.20% | $0 |
| Forbright Bank vs American Express | 3.30% | $0 |
| Forbright Bank vs Axos Bank | 4.21% | $0 |
| Forbright Bank vs Bank of America | 0.01% | $100 |
| Forbright Bank vs Barclays | 3.85% | $0 |
| Forbright Bank vs Capital One | 3.30% | $0 |
| Forbright Bank vs Chase Bank | 0.01% | $0 |
| Forbright Bank vs Chime | 3.00% | $0 |
| Forbright Bank vs CIT Bank | 3.75% | $100 |
| Forbright Bank vs Discover Bank | 3.30% | $0 |
| Forbright Bank vs EverBank | 3.90% | $0 |
| Forbright Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Forbright Bank vs Newtek Bank | 4.20% | $0.01 |
| Forbright Bank vs Openbank | 4.09% | $500 |
| Forbright Bank vs Pibank | 4.60% | $0 |
| Forbright Bank vs SoFi Bank | 4.00% | $0 |
| Forbright Bank vs Synchrony Bank | 3.50% | $0 |
| Forbright Bank vs Varo Bank | 5.00% | $0 |
| Forbright Bank vs Wealthfront | 3.95% | $0 |
| Forbright Bank vs Wells Fargo | 0.05% | $25 |