Small Business Banking

CitiBusiness® Certificates of Deposit

A smart way to earn better interest on savings. A Certificate of Deposit (CD) makes extra cash work for you with competitive interest rates and a variety of maturity options.

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  • Competitive fixed rate of return
  • Terms from 7 days to 10 years
  • FDIC insurance protection
  • Penalties apply for early withdrawal

What you should know about your CD

Transfer Limits

You can only add money to a CD once it matures. You will have to open a new CD if you wish to add money before then.

Automatic Renewal

At maturity, CDs automatically renew for the same term, if available, and current rate. You can also make changes, open a new CD or withdraw funds within the CD grace period (varies by CD term).

Early Withdrawal Penalty

You cannot access your deposit before the end of your CD’s term without paying an early withdrawal penalty.

How to open an account

Prepare your documents

Get the documents you need before you visit the branch.

What to Bring

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Open an account with us by visiting your nearest Citibank branch.

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Still have questions?

Call our customer service specialists

For TTY: We accept 711 or other Relay Service.
We're available Mon-Fri 7 AM to 11 PM ET and Sat-Sun 9 AM to 5:30 PM ET.

Need a different financial solution for your business?