Citibank vs. Peak Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Citibank vs. Peak Bank
Key Metrics at a Glance
| Feature | Citibank | Peak Bank |
|---|---|---|
| Top Savings APY | 3.35% Citi Accelerate Savings | 4.20% Envision High Yield Savings |
| Minimum to Open | $0 | $100 |
| Minimum Balance for Top APY | $0.01 |
Citibank
Strengths
- Citi Accelerate Savings has a low minimum deposit of $0.
- Citi Accelerate Savings offers a competitive APY of 3.35%, though it decreased from 3.40% last month.
- Citi has a strong App Store rating of 4.9.
Potential Drawbacks
- Citi's BBB rating is D- and it is not BBB accredited.
- Citi Accelerate Savings has a maintenance fee of $4.50 unless balance requirements are met.
- Citi Accelerate Savings requires an average monthly balance of $500 to waive fees.
Peak Bank
Strengths
- Peak Bank's Envision High Yield Savings offers a higher APY of 4.2%.
- Peak Bank has no maintenance fees for its savings account.
- Peak Bank has a strong BBB rating of A+.
Potential Drawbacks
- Peak Bank requires a minimum deposit of $100 to open an account.
- Peak Bank has no physical branches.
- Peak Bank's App Store rating is slightly lower at 4.8.
→ 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 Peak Bank's 4.20% APY for its Envision High Yield Savings account, with a minimum balance of .
→ Peak Bank yields $85 more than Citibank on a $10,000 balance after one year. Citibank pays $335, while Peak Bank pays $420 - an APY advantage for Peak Bank.
→ In addition, Citibank also offers 0.03% APY for the Citi® Savings Account account.
Calculate Savings Growth for Citibank vs Peak Bank
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 OverviewPeak Bank - Envision High Yield Savings
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Citibank's total earnings would be $545.5 lower than Peak Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Citibank's vs Peak Bank's Savings Accounts
| Citibank | Peak Bank | |||
|---|---|---|---|---|
| Product | Citi Accelerate Savings | Citi® Savings Account | vs | Envision High Yield Savings |
| APY | 3.35% (as of 11/12/2025) | 0.03% (as of 11/12/2025) | 4.20% (as of 11/12/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | No | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $100 | |
| Minimum Balance for APY | $0.01 | $0.01 | N/A | |
| 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. | United States | |
| App Store Rating | 4.9/5 | 4.8/5 | ||
| Google Play Rating | 4.8/5 | 4.6/5 | ||
| BBB Rating | D- | A+ | ||
Comparative Historical APY Insights (Last 9 Months)
| Citibank | Peak Bank | |||
|---|---|---|---|---|
| Product | Citi® Savings Account | Citi Accelerate Savings | vs | Envision High Yield Savings |
| Latest APY | 0.03 % | 3.35 % | 4.20 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -4.8 | -3.6 | |
| Rate Changes / Mo | 0.00 | 0.55 | 0.44 | |
| Days Since Last Change | 271 | 9 | 43 | |
| High (-9 m) | 0.03 % | 3.80 % | 4.54 % | |
| Low (-9 m) | 0.03 % | 3.35 % | 4.20 % | |
| Draw-down from High | 0.0 % | -11.8 % | -7.5 % | |
| Volatility (CV) | 0.000 | 0.037 | 0.026 | |
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 272 days.
- Low (-9 m)
- Lowest APY in the last 272 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.