Citi Accelerate Savings Account: Earn 3.60% Annual Percentage Yield

Available in almost all 50 states, you can now earn a 3.60% APY with a new Citi Accelerate Savings account!

Update 5/28/25: The rate has decreased to 3.60% APY (from 3.80%).

To help you reach your saving goals, you can take advantage of the tools from Citi® to set up and save with goal setting & recurring deposits with no minimum to open an account.

Citi^® Accelerate Savings Summary

Direct Link to Offer

• Citi® Accelerate Savings
• 3.60% Annual Percentage Yield
• Offer available in select markets only
• Member FDIC
• Minimum balance for APY: $0
• No monthly service fee with an average monthly balance of $500
• No limit on how much you can earn
• No min deposit

(FDIC Insured)

How to Earn Rate

• Citi® Accelerate Savings account must be opened in one of Citi®’s banking accounts
  • Your Citi® Accelerate Savings account can be opened in any Account.
  • The standard Account for Citi® Accelerate Savings is the Citi Elevate^SM account.
• For full terms and conditions please view the Client Manual and Marketplace Addendum or the Consumer Deposit Account Agreements page.
• There is no minimum opening deposit required to open a Citi® Accelerate Savings account.
  • PLEASE NOTE: Accounts which have a zero balance for ninety (90) days are subject to closure.

Offer Availability

The Citi® Accelerate Savings account is available in select markets for customers with a residential/home (not mailing) address in an Eligible Location who apply online through Citi® Online, the Citi Mobile® App, or Citiphone Banking. “Eligible Locations” include AA, AE, AK, AL, AP, AR, AZ, CO, DE, GA, GU, HI, IA, ID, IN, KS, KY, LA, MA, ME, MI, MN, MO, MP, MS, MT, NC, ND, NE, NH, NM, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VI, VT, WA, WI, WV, WY and select markets in Florida and Illinois.

Are There Any Service Fees?

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 an account and is subject to the applicable monthly service and non-Citi ATM fees of the applicable account as disclosed in the Information About Account in the Marketplace Addendum. A monthly service fee of $4.50 and a $2.50 non-Citi ATM fee apply to a Citi® Accelerate Savings account without a checking account in the Citi Elevate^SM Account if an average monthly balance of $500 or more is not maintained.

Author’s Verdict

Citi® offers a highly competitive rate on your funds! The account is simple to apply and a great way to earn funds on your excess cash!

Definitely consider making the switch if you have a savings account at your local bank which usually offer a 0.01% rate!

In addition to the current rate from Citi®, you can also take advantage of a range of great promotions from banks such as Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.

Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates and the latest promotions from Citi.