Citibank vs. Go2bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Citibank vs. GO2bank
Key Metrics at a Glance
| Feature | Citibank | GO2bank |
|---|---|---|
| Top Savings APY | 3.35% Citi Accelerate Savings | 4.50% High Yield Savings |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0.01 | $0 |
| Note | The 4.50% APY is up to 5,000. Balances above that earn no interest. |
Citibank
Strengths
- Citi Accelerate Savings has an APY of 3.35%, slightly down from 3.40% last month.
- Citibank has a high App Store rating of 4.9.
- Citibank offers both online and physical branches in major U.S. cities.
Potential Drawbacks
- Citibank has a low BBB rating of D- and is not accredited.
- Citi Accelerate Savings has a monthly maintenance fee of $4.50.
- Citi® Savings Account has a significantly lower APY of 0.03%.
GO2bank
Strengths
- GO2bank offers a competitive APY of 4.50%, unchanged from last month.
- GO2bank has no minimum deposit or balance requirements for its high yield savings account.
- GO2bank's maintenance fee can be waived by setting up direct deposit.
Potential Drawbacks
- GO2bank has a lower App Store rating of 4.8 compared to Citibank.
- GO2bank has a Google Play rating of 4.5, lower than Citibank's 4.8.
- GO2bank is not rated by the BBB and is not accredited.
→ As of November 12, 2025 Citibank offers an APY of 3.35% for its Citi Accelerate Savings account, with a minimum balance of $0.01, compared to GO2bank's 4.50% APY for its High Yield Savings account, with a minimum balance of $0.
→ Citibank yields $110 more than GO2bank on a $10,000 balance after one year. Citibank pays $335, while GO2bank pays $225 (with an effective APY of 2.25%) - an APY advantage for Citibank.
→ In addition, Citibank also offers 0.03% APY for the Citi® Savings Account account.
Calculate Savings Growth for Citibank vs GO2bank
Citibank - Citi Accelerate Savings
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
Total balance: $20,018.8
Earnings: $2,018.8
Bank OverviewGO2bank - High Yield Savings
ℹ️You earn 4.50% on the first $5,000 and 0.00% on the rest.
Total savings breakdown:
- Interest earned: $1,230.9 (6.40%)
- Total contributions: $13,000 (67.60%)
- Initial deposit: $5,000 (26.00%)
Your total balance
$19,230.90
Total balance: $19,230.9
Earnings: $1,230.9
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Citibank's total earnings would be $787.9 higher than GO2bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Citibank's vs GO2bank's Savings Accounts
| Citibank | GO2bank | |||
|---|---|---|---|---|
| Product | Citi Accelerate Savings | Citi® Savings Account | vs | High Yield Savings |
| APY | 3.35% (as of 11/12/2025) | 0.03% (as of 11/12/2025) | 0.00% - 4.50% (as of 11/12/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | No | Yes | |
| Compound Frequency | Daily | Daily | Quarterly | |
| Minimum Deposit | $0 | $0 | $0 | |
| Minimum Balance for APY | $0.01 | $0.01 | $0 | |
| Maintenance Fee | $4.50. Waived for average monthly balances > $500 | $4.50. Waived for average monthly balances > $500 | $5 per month, unless you set up direct deposit | |
| Direct Deposit Required | No | No | No | |
| Eligibility | 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. | United States | |
| Note | The 4.50% APY is up to 5,000. Balances above that earn no interest. | |||
| App Store Rating | 4.9/5 | 4.8/5 | ||
| Google Play Rating | 4.8/5 | 4.5/5 | ||
| BBB Rating | D- | Not Rated | ||
Comparative Historical APY Insights (Last 3 Months)
| Citibank | GO2bank | |||
|---|---|---|---|---|
| Product | Citi® Savings Account | Citi Accelerate Savings | vs | High Yield Savings |
| Latest APY | 0.03 % | 3.35 % | 4.50 % | |
| Trend | Sideways | Falling | Sideways | |
| Slope (bps/mo) | -0.0 | -5.0 | 0.0 | |
| Rate Changes / Mo | 0.00 | 0.61 | 0.00 | |
| Days Since Last Change | 99 | 9 | 99 | |
| High (-3 m) | 0.03 % | 3.50 % | 4.50 % | |
| Low (-3 m) | 0.03 % | 3.35 % | 4.50 % | |
| Draw-down from High | 0.0 % | -4.3 % | 0.0 % | |
| Volatility (CV) | 0.000 | 0.016 | 0.000 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 3 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 (-3 m)
- Highest APY in the last 99 days.
- Low (-3 m)
- Lowest APY in the last 99 days.
- Draw-down from High
- How far today sits below the 3-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.