Third Federal accounts have low opening required amounts. The high yield checking account requires $10 to open. CDs only require $500 to open. Third Federal money market account requires a high amount. That account requires $5,000 to open.

Third Federal offers a variety of accounts. Those accounts include personal deposit and business accounts. Those accounts include checking, savings, and money market accounts. The CDs range in terms from 30-days to 10-years. Lending and credit cards are also offered through Third Federal.

The Third Federal Online Savings Plus account is an entirely online account. This account requires $5,000 to open and to earn interest. There are no monthly fees and no limit on monthly transactions.

Interest rates for Third Federal accounts are competitive. They are higher than other brick and mortar bank accounts. The interest rates are competitive with other online accounts.

Third Federal accounts have tiered interest rates. The money market and savings account require a balance of $100,000 to earn the best interest rates. The checking account requires a $25,000 balance to earn the best rate. Balances under these amounts earn interest, just not the most competitive rate.

Third Federal CDs have high penalties for withdrawing money before the maturity date. CDs from one to three years require six months’ worth of interest. CD terms over four years require 18 months’ worth of earned interest.

The Third Federal checking account has a monthly fee. The fee is $7 a month. Waive that fee by keeping an average daily balance of $1,500 in the account. That average balance can come from all Third Federal accounts or just your checking account.

Not all Third Federal account can be opened online. To open a money market or checking account must be in a branch location. You can open a savings account and CDs longer than 6-month terms online.

Read the full Third Federal review.

The Citi Accelerate Savings accounts offer competitive interest rates. These accounts are opened as packages. There are five packages to choose. The Citi Accelerate Savings account offers competitive interest rates. Those rates are competitive with other online accounts. This account is only offered to people who apply online. You can apply through Citibank online, CitiMobile, or Citiphone Banking.

Citi offers a good variety of bank accounts. They offer checking and savings accounts. They offer a wide variety of CD terms, with 16 different term options. Citi offers a variety of account packages that fit your banking needs. The packages vary depending on your account balance amounts.

There is not a required amount to open Citi Accelerate Savings accounts. The checking accounts do not have an opening required amount. But, to waive the monthly fees, you must have a set account balance. The minimum opening balance for CDs varies between markets. To earn the most competitive rates for some CDs requires a balance of over $25,000.

The Citigold account package offers ATM reimbursement. To qualify to be a Citigold member, you must have combined Citi account balances over $200,000. Once you qualify, Citi will reimburse you for any ATM fees charged by other banks or ATM providers. This is only for consumer accounts.

Most other account interest rates with Citi are not competitive. The Citi Accelerate Savings account offers rates competitive with other online accounts. There are also a few CD terms that offer competitive rates. Most other Citi account rates compare to typical bank rates.

To earn the most competitive rates with the Citi Accelerate Savings account, you must meet set requirements. These requirements help to waive the monthly fees. All the Citi Accelerate Savings accounts must be opened in a package. That means opening other Citi accounts that link to the Accelerate Savings account.

Each account has a monthly fee. The savings and checking account fees range from $10 to $30. There are ways to waive the monthly fees for each account. Having a set amount of direct deposit into the account can waive the fees. Having a set account balance can also waive the monthly fee. The balances required to waive the fees are high. It can range from $1,500 to $200,000 depending on the account.

Most Citi CD terms do not offer competitive interest rates. Only the six, 12, and 18-month CDs offer rates competitive with other online CDs. To earn the most competitive rates for the 12 and 18-month CDs requires a balance of $25,000. All the other CD rates are not competitive with other online CD accounts.

Read the full Citibank review.