Citibank vs. Wealthfront
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Citibank vs. Wealthfront
Key Metrics at a Glance
| Feature | Citibank | Wealthfront |
|---|---|---|
| Top Savings APY | 3.35% Citi Accelerate Savings | 4.15% Cash Account |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0.01 | $0 |
| Note | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. |
Citibank
Strengths
- Citi Accelerate Savings offers a competitive APY of 3.35%, slightly higher than last month's 3.40%.
- Citibank has a higher App Store rating of 4.9 compared to Wealthfront's 4.8.
- Citibank has physical branches in major U.S. cities, providing in-person banking options.
Potential Drawbacks
- Citibank has a low BBB rating of D- and is not BBB accredited.
- Citi Accelerate Savings has a maintenance fee of $4.50 unless a balance of $500 is maintained.
- Citi's APY is significantly lower than Wealthfront's current 4.15%.
Wealthfront
Strengths
- Wealthfront offers a high APY of 4.15% for the first three months, then 3.50%.
- Wealthfront has a higher Google Play rating of 4.9 compared to Citibank's 4.8.
- There are no maintenance fees for Wealthfront's Cash Account.
Potential Drawbacks
- Wealthfront has a BBB rating of F and is not BBB accredited.
- Wealthfront does not have physical branches, limiting in-person access.
- The APY drops to 3.50% after three months, which may not appeal to all users.
→ 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 Wealthfront's 4.15% APY for its Cash Account, with a minimum balance of $0.
→ Wealthfront yields $80 more than Citibank on a $10,000 balance after one year. Citibank pays $335, while Wealthfront pays $415 - an APY advantage for Wealthfront.
→ In addition, Citibank also offers 0.03% APY for the Citi® Savings Account account.
Calculate Savings Growth for Citibank vs Wealthfront
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 OverviewWealthfront - Cash Account
Total savings breakdown:
- Interest earned: $2,531.8 (12.33%)
- Total contributions: $13,000 (63.32%)
- Initial deposit: $5,000 (24.35%)
Your total balance
$20,531.80
Total balance: $20,531.8
Earnings: $2,531.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Citibank's total earnings would be $513 lower than Wealthfront's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Citibank's vs Wealthfront's Savings Accounts
| Citibank | Wealthfront | |||
|---|---|---|---|---|
| Product | Citi Accelerate Savings | Citi® Savings Account | vs | Cash Account |
| APY | 3.35% (as of 11/12/2025) | 0.03% (as of 11/12/2025) | 3.50% - 4.15% (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 | $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. | United States | |
| Note | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. | |||
| App Store Rating | 4.9/5 | 4.8/5 | ||
| Google Play Rating | 4.8/5 | 4.9/5 | ||
| BBB Rating | D- | F | ||
No historical data available.