Citibank is paying 0.20% APY on its 6 month CDs. This is better than the average rate of 0.17% APY offered on certificates of deposit for the same term.
Other rates being offered by the bank are 0.30% APY on 12 month CDs and 0.15% APY on 3 month CDs. Savers will get different rates on 60 month CDs based on the state in which they reside. For instance, those in California will get 1.50% APY, while those in Illinois will get 1.75% APY on certificates of deposit for this term.
