Bank CD Rates

The Citibank CD Rates are very competitive. The best rate is on the 5 year CD at 3.50% interest and an APY of 3.44%. This is for every deposit amount from $500 to $100,000. The deposit is FDIC insured and all information can be access online. The interest is paid monthly and there is a 7 day grace period at the maturity term for withdraws of the funds or the CD will automatically roll over.

The next best rate is for the 4 year CD. This CD has a rate of 2.75% interest and an APY of 2.71%. The deposit requirements and interest payouts along with other terms are the same as the 5 year CD.

The 3 year CD rate is presently at 2.25% interest and the APY is at 2.23%. The 30 month CD is at 1.25% interest and the APY is at 1.24%. The 2 year CD has a better rate than the 30 month. Its interest rate is at 2.00% and an APY of 1.98%. The 18 month CD is at 1.75% interest and an APY of 1.73%. The 13 month CD is at 1.01% interest and an APY of 1.00%. The 12 month CD once again gives a better rate than the previous longer term CD. The interest rate for the 12 month CD is at 1.50% and the APY is 1.49%.

The 10 and the 9 month CD have an interest rate of 0.70% and an APY of 0.70%. The 8,7,6,5 month CD’s have an interest rate of 0.75% and an APY of 0.75% APY. The 4 and 3 month CD’s have interest rates and APY of 0.35%.

The Citibank CD Rates are very competitive for the longer term CD’s. As for  bank CD rates go, this financial institution has very sound investments.