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INTERNATIONAL PERSONAL BANK U.S.

Banking With Citi

Explore a variety of FDIC-Insured options to protect and grow your funds.

Certificates of Deposit

An alternative to traditional savings accounts, our Certificates of Deposit (CDs) are FDIC-insured time deposits with guaranteed interest rates and terms from one month to five years.1

With Citi Certificates of Deposit, you can:

Earn guaranteed interest rates for the term of your CDs2.

Select from a variety of CD terms, maturity dates and laddering options

Earn competitive rates for both short and long term goals1.

View your account(s) online through Citibank® Online

Designate a beneficiary on your account(s)

Step-Up CD

Interest rate automatically increases every 10 months

Security of FDIC insurance

No Penalty CD

Guaranteed interest rate for the term of your CD

Withdraw full balance and interest without penalty after first 6 days you deposit funds

Security of FDIC insurance

How CD laddering works
 

Benefits of the CD ladder


Instead of depositing your money in a single CD, you can choose to divide your funds into several CDs with varying term lengths (referred to as a CD ladder). This strategy can offer several benefits, depending on your financial needs and goals.

With a CD ladder, you can:
 

  • Earn a better overall rate: By splitting the funds over a number of FDIC-insured CDs with different maturity dates, you may be able to earn more than a single short-term CD
  • Obtain greater access to funds: Staggered maturities give greater access to your funds. You can get a great rate without the long wait

Example: Building a 2-year CD ladder with $40,000

  1. You invest $10,000 each in four different length CDs (i.e., 6 months, 1 year, 18 months, and 2 years) with a range of rates. Each CD term is a step on the ladder.
  2. When the 6-month CD matures, contact your financial professional to reinvest that money in a new 2-year CD. By this time your original 2-year CD has only 18 months left until it matures.
  3. At the end of two years, you'll have four 2-year CDs on your ladder. Plus, one of those 2-year CDs will mature every six months. Which means that every six months you'll have access to money that's been growing at a very competitive rate.

Set up your CD ladder with a Citi financial professional today

Please note: To build a successful CD ladder, you must maintain it. As each CD matures, you must contact your financial professional to reinvest the money from that CD into a new 2-year CD.

The Interest Rates and Annual Percentage Yields (APYs) for Citibank Certificates of Deposit (CDs) are fixed for the term of the CD and can change at maturity. You earn the APY in effect on the day your CD is funded. Minimum opening deposit required. APY assumes interest remains on deposit until maturity. A withdrawal will reduce earnings.

1.    Deposits are FDIC insured up to applicable limits. For more information, visit www.fdic.gov

2.    A penalty will be imposed for early withdrawal of principal. Fees may reduce earnings. APY assumes interest earned is kept in the CD for the full term. Minimum opening deposit requirements may apply.

3.    Your qualifying deposit must have been fully collected. Partial withdrawals are not permitted.

Banking products and services are offered through Citibank, N.A., Member FDIC.

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