Citibank vs. Upgrade
Compare rates, requirements, and features side-by-side to find the best option for you.
Citibank
Citi Accelerate Savings
3.30%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Citibank
Citi Accelerate Savings
Upgrade
Premier Savings
3.05%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Upgrade
Premier Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Citibank vs. Upgrade Savings Calculator
Citibank earns $157.5 more than Upgrade.
Citibank
Citi Accelerate Savings
Savings Breakdown
- Interest Earned+$1,987.10(9.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,987.10
Upgrade
Premier Savings
Savings Breakdown
- Interest Earned+$1,829.60(9.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,829.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Citibank vs. Upgrade
Why Citibank?
- ✓Higher potential APY (3.30% vs 3.05%) on all balances
- ✓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.)
- ✓Higher rated Android app (4.8 vs 4.5)
Why Upgrade?
- ✓Available Nationwide
— Key Feature Differences —
Better Returns at $10,000
CitibankCitibank's Citi Accelerate Savings earns more on smaller deposits (approx. $330 vs $305/yr).
Better Returns at $25,000
CitibankCitibank's Citi Accelerate Savings pulls ahead with larger amounts (approx. $825 vs $763/yr).
Best for Simplicity
CitibankCitibank's Citi Accelerate Savings offers 3.30% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Citibank's Citi Accelerate Savings pays $25 more interest on a $10,000 balance than Upgrade's Premier Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Citibank's Citi Accelerate Savings leads with a competitive APY of 3.30%, providing better returns compared to Upgrade's Premier Savings, which offers a lower APY of 3.05%. Citibank's account has no direct deposit requirement and is available to residents in select states, making it a strong choice for those eligible. In contrast, Upgrade's Premier Savings is online-only and requires a minimum balance of $1,000 but has no maintenance fees. Overall, Citibank's offering is more advantageous for savers looking for higher yields.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Stop Losing Interest
See who beats both Citibank and Upgrade.
| Feature | Citibank | Upgrade |
|---|---|---|
| APY | 3.30% Verified: 12/10/2025 ↘︎ 0.20%90d Change | 3.05% Verified: 12/10/2025 ↘︎ 0.97%90d Change |
| Product Name | Citi Accelerate Savings | Premier Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $1,000 |
| Monthly Fee | $4.50. Waived for average monthly balances > $500 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.8 | iOS4.9 Android4.5 |
| BBB Rating | D- | A+ |
| Important Notes | Eligibility restricted to select states. | - |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Citibank | Upgrade | |
|---|---|---|---|
| Citi® Savings Account | Citi Accelerate Savings | Premier Savings | |
Current APY | 0.03% | 3.30% | 3.05% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -0.0 | -4.9 | -10.6 |
Days Since Change | 315 | 22 | 39 |
10-Month High | 0.03% | 3.80% | 4.14% |
10-Month Low | 0.03% | 3.30% | 3.05% |
Adjustments / Mo | 0.00 | 0.57 | 0.28 |
Volatility Score | 0.000 | 0.044 | 0.105 |
How to read these metrics(Click to expand)
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