What you'd earn at each, by balance.
What you'd earn at each, by balance.
Annual interest = principal × APY, simple interest. All accounts FDIC insured up to $250,000.
| Balance | Citibank0.03%APYYour current bank | ||
|---|---|---|---|
| $5,000 | $1.50/yr | $210.50/yr | $187.50/yr |
| $10,000 | $3/yr | $421/yr | $375/yr |
| $25,000 | $7.50/yr | $1,052.50/yr | $937.50/yr |
| $50,000 | $15/yr | $2,105/yr | $1,875/yr |
| $100,000 | $30/yr | $4,210/yr | $3,750/yr |
Personalize the gap.
Compared at Citibank's 0.03% standard APY vs. Axos Bank's 4.21% APY. Simple interest.
That's $2,090 over five years, just by switching where the dollars sit.
Why does Citibank pay so little on savings?
Citibank's standard savings account pays 0.03% APY as of June 15, 2026 — a hair above Chase's 0.01% floor, but still far below any leading high-yield savings account. The interesting wrinkle at Citi is geographic. Citibank operates branches in major metro markets — New York, California, Florida, Illinois, Texas, Washington DC and others — and in those markets it deliberately does not offer its competitive Citi Accelerate Savings product. The result is that the majority of Citi's US retail customers are locked out of Citi's own better savings option, by design, in order to protect branch deposit margins where Citi has a physical presence.
What about Citibank's higher-tier savings accounts?
Citibank's higher-tier product, Citi Accelerate Savings, is more competitive — approximately 3.10% APY as of June 15, 2026, no monthly fee, no minimum balance, putting it within reach of Axos Bank, Marcus by Goldman Sachs, SoFi, and American Express. The catch is geographic: Accelerate is available only in states where Citibank does not operate physical branches. It is unavailable in California, Connecticut, Florida, Illinois, Maryland, Nevada, New Jersey, New York, Virginia, Washington DC, and parts of Texas. Readers in an eligible state should compare Accelerate directly against the top national HYSAs; readers outside those states should treat a national online HYSA as the practical alternative.
Where Citibank customers are moving their savings.
Every account below is FDIC insured to $250,000, with the same daily access you have today. On a $10,000 balance, the top rate earns about $418 more a year than Citibank.