Bank of America CD Ratesīoth Citi and Bank of America pay low CD rates on most terms, with some exceptions.

F rating from the Better Business Business due to a high volume of customer complaints and unresolved customer complaintsĬiti CD Rates vs.

Online financial institutions offer even higher CD rates overall, regardless of the term.

Standard-to-low early withdrawal penalties $500 ($100,000 for the top rate) minimum opening deposit Three types of CDs to choose from, including step-up CDs

High interest rates on select Fixed Rate CD terms and no-penalty CD Featured Nationally Available Savings and CD Rates Keep in mind, though, that your only option is a 1-year term, and the rate is slightly lower than the 1-year rate with a Fixed Rate CD. You'll earn a higher interest rate with a minimum deposit of $100,000. Citi offers one term length for its No Penalty CD: 1 year. With a Citi No Penalty CD, you can withdraw early without being penalized. Citi No Penalty CD Ratesįixed Rate CDs and Step Up CDs charge a fee if you withdraw funds before your term ends. However, if you want a CD with a term length other than 30 months, you'll need to choose another type of CD. This CD pays 0.05% to 0.15% APY.Ĭurrently, the Step Up CD rate is higher than the Fixed Rate CD rate for a 30-month term, plus your rate will increase over time. Citi offers one term length for its Step Up CD: 30 months. The Citi Step Up CD is a CD that increases your rate every 10 months.

Citibank cd interest rates