Citibank, is offering 0.60% APY on CDs for the 60-month term. The bank has dropped its CD rate to 0.60% APY from 0.75% APY. With a minimum deposit requirement of $500, the bank pays 0.15% APY on 3-month CDs.
However, Citibank pays 0.25% APY on 6-month CDs and 0.30% APY on 24-month CDs.