Citibank CD rates and review
Citi is organized into two major segments, CitiCorp and Citi Holdings. CitiCorp is responsible for the consumer banking products in which the US population can purchase. These include mortgages, credit cards, savings products, auto loans, as well as other financial vehicles. Citi Holdings has a 49% stake in Morgan Stanley Smith Barney, which offers a variety of “retail alternative investments.”
Citi claims to be today’s pre-eminent financial services company, with some 200 million customer accounts in more than 100 countries. Their history dates back to the founding of Citibank in 1812, Bank Handlowy in 1870, Smith Barney in 1873, Banamex in 1884, and Salomon Brothers in 1910.
Current CD (certificate of deposit) rates offered by CitiBank:
(rates as of December 7, 2009)
- 3 month CD yields interest rate of 0.25%, and 0.25% APY
- 6 month CD yields interest rate of 0.50%, and 0.50% APY
- 9 month CD yields interest rate of 0.50%, and 0.50% APY
- 12 month CD yields interest rate of 1.04%, and 1.05% APY
- 18 month CD yields interest rate of 1.19%, and 1.20% APY
- 2 year CD yields interest rate of 1.49%, and 1.50% APY
- 3 year CD yields interest rate of 1.73%, and 1.75% APY
- 4 year CD yields interest rate of 1.98%, and 2.00% APY
- 5 year CD yields interest rate of 2.47%, and 2.50% APY
Rates apply only to accounts opened online or by calling 1-800-374-9500. 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 is $500.
To receive a premium rate for your Certificate of Deposit, you must have a linked checking account in the Citigold® Account Package, and the checking account must be your primary account.
Contact:
Phone: (800) 374-9500
Website: CitiBank.com
Address: Citibank Client Services. Citi Inquiries. 100 Citibank Drive. San Antonio, TX 78245
