Citibank Savings Account Interest Rate 2025: How It Compares
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
Citi® Accelerate Savings (Member FDIC; select markets only) has a strong 3.50% 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 | 3.50% APY. |
Citi® Savings rate | 0.03% APY. Promotional rates may be available. |
How they compare | The average national rate for savings accounts is 0.38% APY. |
Monthly fees | $4.50 for either account. Can be waived in one of the following ways:
|
Availability |
|
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
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.
Savings calculator
How much interest could you be earning? Find out with the calculator below. The higher the rate, the faster your money can grow.