Citibank vs. Presidential Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | CitibankCiti Accelerate Savings Jan 7, 2026 | Presidential BankAdvantage Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.30% | 3.25% - 3.75% |
Est. Earnings | $5,000+$165 $10,000+$330 $25,000+$825 | $5,000+$188 $10,000+$375 $25,000+$938 |
Min Deposit | $0 | $5,000 |
Snapshot view. Rates subject to change. | ||
Terms | Eligibility restricted to select states. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedDirect Deposit ReqChecking Bundle |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Citibank vs. Presidential Bank
As of Citibank offers an APY of 3.30% for its Citi Accelerate Savings account, with a minimum balance of $0.01, compared to Presidential Bank's 3.75% APY for its Advantage Savings account, with a minimum balance of N/A.
Presidential Bank pays $45 more than Citibank on a $10,000 balance after one year. Citibank pays $330, while Presidential Bank pays $375 - an APY advantage for Presidential Bank.
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
- ✓Higher rated Android app (4.8 vs 4.2)
Why Presidential Bank?
- ✓Higher potential APY (3.75% vs 3.30%) (requires checking bundle & direct deposit)
- ✓Available Nationwide
— Key Feature Differences —
Better Returns at $10,000
Presidential BankPresidential Bank's Advantage Savings earns more on smaller deposits (approx. $375 vs $330/yr).
Better Returns at $25,000
Presidential BankPresidential Bank's Advantage Savings pulls ahead with larger amounts (approx. $938 vs $825/yr).
Best for Simplicity
CitibankCitibank's Citi Accelerate Savings offers 3.30% APY with no bundling, direct deposit requirement or caps.
Best for All-in-One Banking
Presidential BankPresidential Bank's Advantage Savings pays a superior APY for customers who also open a checking account.
Best Mobile App Experience
CitibankCitibank offers an iOS app rated 4.9 (vs. 4.8) and Android app rated 4.8 (vs. 4.2)
Shared Benefits
Over a 1-year period, Presidential Bank's Advantage Savings pays $45 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.
Executive Summary as of
Presidential Bank offers a competitive Advantage Savings account with an APY of 3.75%, which requires a monthly direct deposit of $500 into an Advantage Checking Account to earn this rate. In contrast, Citibank's Citi Accelerate Savings provides a solid APY of 3.30% without any direct deposit requirement, making it a simpler option for those who do not wish to bundle accounts. While both accounts are online-only, Citibank's eligibility is restricted to select states, whereas Presidential Bank does not specify any such limitations. Overall, for those eligible and willing to meet the direct deposit requirement, Presidential Bank stands out as the better option.
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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Top Market Contenders
Citibank vs. Presidential Bank Savings Calculator
You earn $45 more with Presidential 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+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
Presidential Bank
Advantage Savings
Savings Breakdown
- Interest Earned+$375.00(3.6%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,375.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Citibank | Presidential Bank |
|---|---|---|
| APY | 3.30% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 3.75% Range: 3.25% - 3.75% Verified: 1/7/2026 ↘︎ 0.75%90d Change |
| Product Name | Citi Accelerate Savings | Advantage Savings |
| Minimum Deposit | $0 | $5,000 |
| Min. Balance for APY | $0.01 | N/A |
| Monthly Fee | $4.50. Waived for average monthly balances > $500 | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | RequiredTo earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.9 Android4.8 | iOS4.8 Android4.2 |
| Zelle® Support | Available Limit: $2,500/dayTiered limits based on account status (Citigold higher). | Available Native integration; Advantage Savings supports Zelle. |
| 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 Presidential Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Citibank | Presidential Bank | |
|---|---|---|---|
| Citi® Savings Account | Citi Accelerate Savings | Advantage Savings | |
Current APY | 0.03% | 3.30% | 3.75% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | 0.0 | -4.8 | -4.8 |
Days Since Change | 344 | 50 | 21 |
11-Month High | 0.03% | 3.80% | 4.50% |
11-Month Low | 0.03% | 3.30% | 3.75% |
Adjustments / Mo | 0.00 | 0.52 | 0.26 |
Volatility Score | 0.000 | 0.048 | 0.056 |
How to read these metrics(Click to expand)
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