Citibank 6 Month CD Rates
In our previous article on Citibank CD rates, we discussed the Citibank 6 month CD rates. However, we wanted to focus a little more one these Citibank 6 month CDs. Citibank is one of the largest banks and CD investing is so easy when you are dealing with such a large bank.
Many people discuss the advantage of opening high interest savings accounts. In fact, most personal finance sites are filled with information about savings money with an ING Direct Orange savings account or an HSBC savings account. But, these personal finance blogs neglect the advantages on CD investing.
The current cd rates of 4.00% APY on the Citibank 6 month cd rates are a great alternative to opening a high interest savings account. Instead of earning 3.00% APY with an ING Direct Orange savings account, purchasing a citibank certificate of deposit will allow you to earn 4.00%. This is a 25% increase in your return on investment.
The main advantage of saving your money in a high yield savings account is that you can withdrawl this money very quickly. However, for a 25% increase in your ROI, CD investing may be a better option. If you can afford to not withdrawl your money for 6 months, then look into the Citibank 6 month cd rates. You will be happy with your return.
Related posts:
- Citibank CD Rates
- Best 9 Month CD Rates
- Current Citibank CD Rates
- 3.25% GMAC 3 Month CD Rates
- 24 Month GMAC CD Rates
Comments (3)
3 Responses to “Citibank 6 Month CD Rates”
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Mary L. Magiske Says:
Citibank – IRA CD rates
Can’t find a website giving these rates.
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Lydia Says:
Good words.
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David Says:
Is 6month cd for apy of 4.00% still offered?
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