Citibank
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Citibank 2 Year CD Rates


Type Fixed
Rate 0.70%
Currency USD

Website: http://www.citibank.com

Authority: Citibank or (Citi) is a major US national chartered bank (Citibank, N.A) and is a subsidiary brand under Citigroup; the US global diversified financial services company. It was founded in 1812 and has a distribution branch network of over a 1000 branches in 13 states. 

How to open a US Citibank Certificate of Deposit Account:

- You can apply to open this account online at the bank website: http://www.citibank.com

- You can contact them by telephone on 1-800-374-9500

- You can open one at a Citibank Financial Center/Branch. You can find the nearest one by entering your location on their website.

What information/documentation you may require to open a Citi CD:

-  To open this account, you may be required to be 18 years or older, U.S citizen or resident alien, have a U.S driver's license or state-issued ID, Social Security Number, US address.

Information on Citibank 2 Year CD Rates:

A two year CD is a type of deposit product available for a retail consumer when looking to invest or save their cash in a fixed term low risk product at Citibank.  Citibank when determining the interest rate on this Interest bearing deposit, Citi may use various models including quantitative models such as the discounted cash flow with various inputs. However in general, a significant factor or input would be the 'fed funds rate' which is set by the Federal Reserve (the US central bank). For a 2 Year CD they would need to forecast or calculate into the future scenarios from 'the Fed' on whether they would raise or lower the fed funds rate. Other variables or factors may include its business model which includes net interest margins on its deposits, as well as complying with banking regulations, funding and liquidity requirements and relative rates from its competition. 

The current 2 Year Interest Rate displayed below was calculated for the state of California. Please note other states rates may vary.


The rate of 0.70% is 0.7% lower than the average 1.4%. Also it is 2.1 % lower than the highest rate 2.80 Updated May, 2019

on Citibank's secure website

Website: http://www.citibank.com

Authority: Citibank or (Citi) is a major US national chartered bank (Citibank, N.A) and is a subsidiary brand under Citigroup; the US global diversified financial services company. It was founded in 1812 and has a distribution branch network of over a 1000 branches in 13 states. 

How to open a US Citibank Certificate of Deposit Account:

- You can apply to open this account online at the bank website: http://www.citibank.com

- You can contact them by telephone on 1-800-374-9500

- You can open one at a Citibank Financial Center/Branch. You can find the nearest one by entering your location on their website.

What information/documentation you may require to open a Citi CD:

-  To open this account, you may be required to be 18 years or older, U.S citizen or resident alien, have a U.S driver's license or state-issued ID, Social Security Number, US address.

Information on Citibank 2 Year CD Rates:

A two year CD is a type of deposit product available for a retail consumer when looking to invest or save their cash in a fixed term low risk product at Citibank.  Citibank when determining the interest rate on this Interest bearing deposit, Citi may use various models including quantitative models such as the discounted cash flow with various inputs. However in general, a significant factor or input would be the 'fed funds rate' which is set by the Federal Reserve (the US central bank). For a 2 Year CD they would need to forecast or calculate into the future scenarios from 'the Fed' on whether they would raise or lower the fed funds rate. Other variables or factors may include its business model which includes net interest margins on its deposits, as well as complying with banking regulations, funding and liquidity requirements and relative rates from its competition. 

The current 2 Year Interest Rate displayed below was calculated for the state of California. Please note other states rates may vary.


The rate of 0.70% is 0.7% lower than the average 1.4%. Also it is 2.1 % lower than the highest rate 2.80 Updated May, 2019

on Citibank's secure website

Type Fixed
Rate 0.70%
Currency USD

Compare Citibank Deposit rates

Account Name Rate
Citibank 5 Year CD Rates 1.50%
Citibank 4 Year CD Rates 1.15%
Citibank 6 Month CD Rates 1.01%

Compare 2 year rates in United States

Account Name Rate
PenFed 2 Year CD Rates 2.80%
Barclays US 2 Year CD Rates 2.80%
Capital One 2 Year CD Rates 2.80%

Citibank Discussion

  • Q: What is best 2 yr CD rate I can get on a jumbo CD that is expiring in December. I noticed your rates do not seem very competitive these days

    Reply Dave W from Schofield Barracks, United States
  • Q: I have 35,000 to invest in CD's for 5 years. What would be the amount of my monthly dividends?

    Reply Rale Miller from The Bronx, United States
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