Cit Online Savings Account Interest Rate
You open a new citibank online saver account and deposited 500 000 in month 1.
Cit online savings account interest rate. We ve listed the current interest rates you can earn from several citibank accounts below. The rates shown apply to accounts opened online. Minimum deposit for apy. Revision to the citi maxigain savings account.
An outgoing wire transfer fee is the only fee associated with the account and can be avoided by maintaining a balance over 25 000. While it s good to know the national average you can easily earn more than this national average. If you ve already opened an account. You can easily check your current rate by viewing your statement.
At the end of the introductory period or if at any time your balance exceeds 500 000 including due to interest credited to your account the ongoing standard variable rate currently 0 35 p a. Apy assumes the account is opened on the 15th day of the month and no qualifying deposits of 100 are made following account opening. In a branch or by calling 1 800 374 9500. There is no minimum balance required to earn base interest.
With effect from 1 october 2020 please note that the following changes will apply to your citi maxigain account. Cit bank offers high yield savings money market cds and custodial accounts designed to help you maximize your personal finances. A base interest rate of 0 01 p a. Will be paid on the entire account balance.
Actual apy may be greater or less depending on the date the account is opened. The high yield savings account has a 100 minimum opening and maintenance balance requirement and comes with free money transfers to another account at cit or to an account with another bank.