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Citibank Offering 5-Year CD for 3.5% APY

Article Submitted by: BankMan
Savings - Checking - CDs


Citibank is offering a 5-year CD that pays 3.5% APY. As of September 12, 2009 that's one of the top rates for this term.

 

Submitted: Sep 12, 2009    Views: 498    Comments: 0    Likes: 2   


Citibank is offering a 5-year CD that pays 3.5% APY. As of September 12, 2009 that's one of the top rates for this term.

The details are as follows:

  • A minimum opening deposit of $500 is required for CDs opened online.
  • Interest is paid monthly for all CDs with terms greater than one year.
  • CDs renew automatically at maturity for the same term you initially selected. In addition, the amount you have on deposit will receive the rate in effect at the time your CD matures. If you don't want to renew, you have a 7-calendar day grace period to let Citibank know online, by phone or in writing.

Compare the best 5-year CD rates


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