Bank CD Rates

The best of the Citibank CD rates is the 5 year CD with a locked in APY of 2.50% and an interest of 2.47% for the entire term of the CD. This CD does require a minimum deposit of $500, but this rate is good for any deposit amount above the minimum amount.

The other bank CD rates from Citibank are as follows. The 4 year CD has an interest rate of 1.98% and an APY of 2.00%. The 3 year CD has an interest rate of 1.49% and an APY of 1.50%. The 30 month and 2 year CDs have an interest rate of 1.24% and an APY of 1.25%. The 18 month CD has an interest rate of 1.04% and an APY of 1.05%. The 13 month CD has an interest rate of 1.00% and an APY of 1.01%. The Option CD 10 month, 9 month, 8 month, 7 month, 6 month and 5 month CD have an interest rate of 0.50% and an APY of 0.50%.  The 4 and 3 month CDs have an interest rate of 0.25% with an APY of 0.25%.

Each of these CDs has monthly interest paid for those over a one year term. For those CDs that have a term of less than one year, the interest is paid at maturity of the CD. Each of these CDs will automatically rollover to the same term at the current rate unless action is taken by the investor. There is a 7 day grace period at the end of the term for any action the investor wishes to make. This can be done online at the Citibank website.

The low Citibank CD rates are a sign of the times with the Federal Reserve artificially keeping interest rates low. All rates were posted on 12/30/09 and are subject to change without notice.