CD rates can vary depending on the term and type of CD account you choose. Learn about current CD rates for Fixed Rate, Step Up and No Penalty CDs. Opening a certificate of deposit (CD) allows you to lock in an attractive fixed rate and earn higher returns compared to traditional savings accounts, while providing guaranteed growth for a set. We’ve researched everything you need to know about Citibank CDs, including current rates, early withdrawal penalties, deposit requirements, compounding schedules and how rates compare to. Compare current CD rates and you'll find online banks paying notably more for 1-year, 3-year, and 5-year terms. The gap is significant enough to matter over multi-year commitments. The best CD rates currently reach as high as 4.85% APY. Here are the best CD rates for more than a dozen different term lengths. Citibank has standard fixed-rate CDs as well as no-penalty and step-up CDs, which are less common types of CDs. Learn more about Citibank CD rates. Citibank’s CDs come with a wide range of rates, with yields up to 4.00% APY. Citi offers several types of CDs—fixed-rate, step-up, and no-penalty—all with a $500 minimum deposit. Citi offers. Current Citibank Certificate of Deposit rates by term, with featured promotional APYs, jumbo tiers, and a side-by-side comparison to today's best fixed annuity rates from 90+ top annuity companies. Citibank ’s best tracked CD pays 4.25% across 6 term s — ranking in the top quartile of the 72 banks SwitchWize tracks CD rates for, where the best available rate is 4.45%. Learn about current CD rates for Fixed Rate, Step Up and No Penalty CDs.