Citibank vs. Neighbors Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Citibank vs. Neighbors Bank
Key Metrics at a Glance
| Feature | Citibank | Neighbors Bank |
|---|---|---|
| Top Savings APY | 3.35% Citi Accelerate Savings | 4.50% Neighbors Savings Account |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0.01 | $0 |
| Note | Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY. |
Citibank
Strengths
- Citi Accelerate Savings offers an APY of 3.35%, slightly down from 3.40% last month.
- Citi Accelerate Savings has a low minimum balance requirement of $0.01.
- Citibank has a higher App Store rating of 4.9 compared to Neighbors Bank.
Potential Drawbacks
- Citibank has a low BBB rating of D- and is not BBB accredited.
- Citi Accelerate Savings charges a maintenance fee of $4.50 unless balance requirements are met.
- Citibank has limited branch availability, primarily in major metropolitan areas.
Neighbors Bank
Strengths
- Neighbors Bank offers a competitive APY of 4.50%, though down from 4.60% last month.
- Neighbors Bank has no maintenance fees for its savings account.
- Neighbors Bank has a solid BBB rating of A+.
Potential Drawbacks
- Neighbors Bank has only one branch location in Columbia, Missouri.
- Neighbors Bank has a lower App Store rating of 3.3 compared to Citibank.
- Neighbors Bank's APY only applies to balances up to $250,000.
Summary: Neighbors Bank offers a higher APY of 4.50% for its savings account, despite a recent decrease. In contrast, Citibank's Citi Accelerate Savings provides a lower APY of 3.35% but has a higher App Store rating. Citibank's D- BBB rating is a significant drawback, while Neighbors Bank's A+ rating reflects better trustworthiness. Additionally, Citibank's limited branch access may be a concern for some customers.
→ 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 Neighbors Bank's 4.50% APY for its Neighbors Savings Account, with a minimum balance of $0.
→ Neighbors Bank yields $115 more than Citibank on a $10,000 balance after one year. Citibank pays $335, while Neighbors Bank pays $450 - an APY advantage for Neighbors Bank.
→ In addition, Citibank also offers 0.03% APY for the Citi® Savings Account account.
Calculate Savings Growth for Citibank vs Neighbors Bank
All calculations are based on APY.
Citibank - Citi Accelerate Savings
Top APY: 3.35%
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
Effective APY: 3.35% (based on your deposit and contributions)
Total balance: $20,018.8
Earnings: $2,018.8
Bank OverviewNeighbors Bank - Neighbors Savings Account
Top APY: 4.50%
Total savings breakdown:
- Interest earned: $2,760.1 (13.30%)
- Total contributions: $13,000 (62.62%)
- Initial deposit: $5,000 (24.08%)
Your total balance
$20,760.10
Effective APY: 4.50% (based on your deposit and contributions)
Total balance: $20,760.1
Earnings: $2,760.1
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Citibank's total earnings would be $741.3 lower than Neighbors Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Citibank's vs Neighbors Bank's Savings Accounts
| Citibank | Neighbors Bank | |||
|---|---|---|---|---|
| Product | Citi Accelerate Savings | Citi® Savings Account | vs | Neighbors Savings Account |
| APY | 3.35% (as of 11/12/2025) | 0.03% (as of 11/12/2025) | 4.50% (as of 11/12/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | No | No | |
| Compound Frequency | Daily | Daily | N/A | |
| 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 | $0 | |
| 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. | Not available in Delaware. | |
| Note | Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY. | |||
| App Store Rating | 4.9/5 | 3.3/5 | ||
| Google Play Rating | 4.8/5 | 4.4/5 | ||
| BBB Rating | D- | A+ | ||
Comparative Historical APY Insights (Last 9 Months)
| Citibank | Neighbors Bank | |||
|---|---|---|---|---|
| Product | Citi® Savings Account | Citi Accelerate Savings | vs | Neighbors Savings Account |
| Latest APY | 0.03 % | 3.35 % | 4.50 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -4.7 | -1.4 | |
| Rate Changes / Mo | 0.00 | 0.58 | 0.23 | |
| Days Since Last Change | 260 | 9 | 30 | |
| High (-9 m) | 0.03 % | 3.80 % | 4.75 % | |
| Low (-9 m) | 0.03 % | 3.35 % | 4.50 % | |
| Draw-down from High | 0.0 % | -11.8 % | -5.3 % | |
| Volatility (CV) | 0.000 | 0.035 | 0.011 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 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 (-9 m)
- Highest APY in the last 260 days.
- Low (-9 m)
- Lowest APY in the last 260 days.
- Draw-down from High
- How far today sits below the 9-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.