Citibank vs. GO2bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | CitibankCiti Accelerate Savings Jan 7, 2026 | GO2bankHigh Yield Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.30% | 0.00% - 4.50% |
Est. Earnings | $5,000+$165 $10,000+$330 $25,000+$825 | $5,000+$225 $10,000+$225 $25,000+$225 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | Eligibility restricted to select states. | A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking Bundle |
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
As of Citibank offers an APY of 3.30% 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 pays $105 more than GO2bank on a $10,000 balance after one year. Citibank pays $330, 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, with a minimum balance of $0.01.
Why Citibank?
- ✓No checking account or direct deposit required
- ✓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.)
- ✓Fast transfers via Zelle® (up to $2,500 a day)
Why GO2bank?
- ✓Higher potential APY (4.50% vs 3.30%) on balances up to $5,000 (requires checking bundle)
- ✓Available Nationwide
— Key Feature Differences —
Better Returns at $10,000
CitibankCitibank's Citi Accelerate Savings earns more on smaller deposits (approx. $330 vs $225/yr).
Better Returns at $25,000
CitibankCitibank's Citi Accelerate Savings pulls ahead with larger amounts (approx. $825 vs $225/yr).
Best for Simplicity
CitibankCitibank's Citi Accelerate Savings offers 3.30% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
CitibankCitibank offers an iOS app rated 4.9 (vs. 4.8) and Android app rated 4.8 (vs. 4.5)
Shared Benefits
Over a 1-year period, Citibank's Citi Accelerate Savings pays $105 more interest on a $10,000 balance than GO2bank's High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
GO2bank offers a High Yield Savings account with a competitive APY of 4.50%, making it the winner in this comparison. However, eligibility for this rate is limited to balances up to $5,000, as amounts above that earn no interest. Additionally, a GO2bank checking account is required to open the savings account, and there is a $5 monthly maintenance fee unless direct deposit is set up. In contrast, Citibank's Citi Accelerate Savings provides a lower APY of 3.30% but does not require a checking account or direct deposit, making it a simpler option for those in eligible states.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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Citibank vs. GO2bank Savings Calculator
You earn $105 more with Citibank than GO2bank 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+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
GO2bank
High Yield Savings
4.50% on first $5,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$225.00(2.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,225.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Citibank | GO2bank |
|---|---|---|
| APY | 3.30% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 4.50% 0Verified: 1/7/2026 Stable (90d) |
| Product Name | Citi Accelerate Savings | High Yield Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $4.50. Waived for average monthly balances > $500 | $5 per month, unless you set up direct deposit |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.9 Android4.8 | iOS4.8 Android4.5 |
| Zelle® Support | Available Limit: $2,500/dayTiered limits based on account status (Citigold higher). | Not Supported |
| BBB Rating | D- | Not Rated |
| Important Notes | Eligibility restricted to select states. | A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest. |
| Next Steps | Visit SiteVerify at Citibank Non-sponsored link to official site | Visit SiteVerify at GO2bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Citibank | GO2bank | |
|---|---|---|---|
| Citi® Savings Account | Citi Accelerate Savings | High Yield Savings | |
Current APY | 0.03% | 3.30% | 4.50% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -0.0 | -4.9 | 0.0 |
Days Since Change | 153 | 50 | 153 |
5-Month High | 0.03% | 3.50% | 4.50% |
5-Month Low | 0.03% | 3.30% | 4.50% |
Adjustments / Mo | 0.00 | 0.58 | 0.00 |
Volatility Score | 0.000 | 0.022 | 0.000 |
How to read these metrics(Click to expand)
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