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Citizens Bank CD rates

Updated December 16, 2024
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Citizens Bank has physical bank locations across the Mid-Atlantic, Northeast and Midwest regions. The online division of Citizens Bank, referred to as Citizens Access, handles all accounts outside the footprint.

Citizens Bank only offers two options for a CD on its website. The annual percentage yields (APY) are fairly competitive, but you’ll find much higher yields at the top online banks with lower deposit requirements.

Citizens Bank scored 3.6 out of 5 for its overall score in Bankrate’s bank review and 3.0 out of 5 for its CDs.

Citizens Bank CD rates

The CD interest rates are guaranteed throughout the length of the time you select.

For those who want an online-only option, Citizens Bank offers two options: a 7-month CD and a 14-month CD.

Account name Term APY Minimum deposit
Online-only 7-month CD* 7 months 4.50% $25,000
Online-only 14-month CD 14 months 2.75% $1,000

Note: The APYs shown are current as of Dec. 11, 2024. The APYs may vary by region.

*Money from outside of Citizens Bank is required for this offer.

How Citizens Bank compares to top-yielding banks

The 14-month online-only option offering isn’t as competitive as one-year CDs at online banks, including:

But the 7-month CD option does provide a very competitive yield.

The Citizens Access one-year CD offers a competitive 4.25 percent APY with a $5,000 minimum deposit.

Marcos Cabello Arrow Right Icon Writer, Banking and Deposits
Marcos Cabello is a banking writer at Bankrate, where he’s dedicated to helping readers make the best decisions about their finances. Previously, Marcos wrote about money for CNET and NextAdvisor, running the gamut of personal finance topics including U.S. economic policy and cryptocurrency.