Citibank Savings Account Interest Rate 2025: How It Compares
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Citi® Accelerate Savings (Member FDIC; select markets only) has a strong 3.60% annual percentage yield. With that above-average rate, the name makes sense. If you live in an area where the account is offered, it’s worth a look. Otherwise, the bank offers a basic Citi® Savings account, but its rate is much lower. Here’s how the savings accounts measure up to each other.
Citibank savings rates and fees
Citi® Accelerate Savings rate | 3.60% APY. |
Citi® Savings rate | 0.03% APY. Promotional rates may be available. |
How they compare | The average national rate for savings accounts is 0.42% APY. |
Monthly fees | $4.50 for either account. Can be waived in one of the following ways:
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Availability |
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How Citibank high-yield savings compares
Large banks tend to have accounts with higher monthly fees and lower savings rates. Citibank’s savings accounts do have monthly fees, and its basic savings option has a low rate. But Citi® Accelerate Savings — offered in select markets — earns a much better return compared to many national banks. And the monthly fee is relatively easy to avoid.
» Learn more: Read NerdWallet’s Citibank review
If Citi's high-yield savings is not available to you, you have other choices, especially with online banks. Along with high rates, many online accounts have no monthly fees or minimum balance requirements.
» Explore more options on NerdWallet’s list of best high-yield savings accounts
Member FDIC
Forbright Bank Growth Savings
4.25%
$0
Member FDIC
Axos ONE® Savings
4.66%
$1,500
Member FDIC
Varo Savings Account
5.00%
$0
Member FDIC
E*TRADE Premium Savings
4.00%
$0
The information related to the Citi® Savings account and Citi® Accelerate Savings has been collected by NerdWallet and has not been reviewed or provided by the issuer or provider of this product or service.
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