Citi® Accelerate Savings 4.05% APY Bonus

Citi offers a really competitive APY rate in their Citi® Accelerate Savings account, a high-yield savings product.

You can find slightly higher rates elsewhere, but nearly all of those will have balance limits. In other words, you'll earn a great rate on the first $15k, but then the rate drops considerably.

Citi, on the other hand, has no limit. So for those who have sizable savings they'd like to keep liquid, Citi® Accelerate Savings will often win out.

There's no opening deposit minimum or ongoing balance requirements, but do keep in mind that having a $0 balance for longer than 3 months could cause your account to be closed.

How To Earn The Bonus

The Citi® Accelerate Savings promotion requires you to deposit and maintain a minimum balance in order to earn the 4.05% APY.

Full requirements to receive this bonus are:

1. Open a new Citi® Accelerate Savings account using the link below.
2. Transfer money from a different bank or an existing Citi account.
3. Interest compounds daily and will be credited to your account each month.

Open a Citi® Accelerate Savings account now to earn the 4.05% APY

The fine print

• Your Citi® Accelerate Savings account will be opened in the Citi Elevate℠ Account Package. There is no separate monthly service fee for the Citi® Accelerate Savings Account. When a Citi® Accelerate Savings Account is opened, it must be in a package and is subject to the applicable monthly service and non-Citibank ATM fees of the applicable account package.
• There is no minimum opening deposit required to open a Citi® Accelerate Savings account.
• Accounts which have a zero balance for 90 days are subject to closure.

How does this personal savings offer from Citi® compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

U.S. Bank

Standard Savings

Bonus

$100

Account Type

Personal Savings

Expires In

19 days

Requires

• Min Balance

Full Details

Discover

Online Savings Account

Bonus

up to $200

Account Type

Personal Savings

Expires In

14 days

Requires

• Min Balance

Full Details

Why Citi®?

Citi is headquartered in New York and has around 2,600 locations worldwide (about 1,000 of those are here in the U.S.) and over 72,000 fee-free ATMs. So you really never need to worry about getting access to your cash.

Citi is best known for their credit cards, but they offer just about every product you'd expect from a big national bank – covering banking, lending, investing, and wealth management.

What we really love about Citi is the consistent promotions, usually available nationwide. When you open a new account or credit card, Citi will very often give you bonus cash.

What's more, Citi promotions are often tiered. The low requirements make the offers accessible to most people, but even better, Citi will reward you big if you can meet the highest terms.

Learn more in our Citi® review

Citi® Accelerate Savings

If it’s available in your state, Citi® Accelerate Savings is an attractive high-yield savings account (HYSA) option.

The standard APY for Citi® Accelerate Savings is one of the highest interest rates you can expect to see at any bank. It's especially high for a big bank.

Like the standard Citi® Savings account, the Citi® Accelerate Savings account can be linked to a checking account which can save cash in monthly fees, or opened as a standalone product.

The account comes with features like automatic transfers with Auto Save, unlimited withdrawals, balance alerts and instant transfers between Citi accounts. You may also have the option to use your Citi® Accelerate Savings account to cover overdrafts on your linked checking account using "Safety Check", depending on package type.

Citi® Accelerate Savings is currently available in: AL, AK, AZ, AR, CO, DE, GA, HI, ID, IN, IA, KS, KY, LA, OK, ME, MA, MI, MN, MO, MS, MT, NE, NH, NM, NC, ND, OH, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, WV, WI and WY, and select markets in Florida and Illinois.

Learn more in our Citi® Accelerate Savings review

Fees

Citi® Accelerate Savings does charge a monthly fee of $4.5, but there are ways to get this waived:

• Maintain an average monthly balance of $500.

Open a Citi® Accelerate Savings before the bonus expires

Citi® Locations

You may sometimes be required to visit a branch in-person to take advantage of a welcome offer. Or, you may just prefer the convenience of banking with institutions that have locations near you.

Fortunately, Citi® has a total of 680 branches in the United States.

Get a better idea of how well Citi® can serve you by checking out their branches closest to your area:

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired or changed.