Citibank CD Account Ratings (3/5)

Citibank offers an average CD account with some added perks.  The term lengths for their CD account range from three months to five years, which is about the same as what other major banks offer.  The interest rates are competitive for each term length but rarely go above the industry average. One needs to have a $2,500 minimum opening deposit to create an account with Citibank, with the fees for an early withdraw being what one should expect from a bank of this nature.  One great feature that is associated with each CD account is a rewards program known as Citi ThankYou Rewards.  All one needs to do is open an account at Citibank and they will start earning points towards great rewards; there are no complicated forms to fill out or bells and whistles that to try to comprehend.  All CD accounts at Citibank are FDIC insured up to $250,000, with the interest being compounded daily and credited monthly.  Unfortunately, this is the only feature that makes getting a CD account at Citibank in any way worth it, as one can pretty much find every other feature that is offered elsewhere.

CD Rating