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Citizens Bank (Member FDIC) has two online CD terms: 10 months and 14 months.
Customers must live in select states to open one of these two CDs. However, residents of any state can open a CD with Citizens, the online-only division of the bank. Citizens (previously known as Citizens Access) has five CD terms ranging from one to five years.
Here's what you need to know about Citizens Bank CD rates.
Citizens Bank CD Rates
Citizens Bank Online CD Rates
The
The
These two online CDs are only available for people who live near a bank branch. You can open an account if you live in Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia, or Washington, DC.
The following rates are for Boston, Massachusetts.
| CD Term | APY | Minimum Deposit |
| 10 months | ||
| 14 months |
Citizens Access Online CD Rates
Regardless of where you live in the U.S., you can open a
| CD Term | APY |
| 1 year | 5.50% |
| 2 years | 3.30% |
| 3 years | 3.35% |
| 4 years | 3.40% |
| 5 years | 3.45% |
Citizens Bank CD Rates Pros and Cons
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Citizens Bank CD Rates FAQs
Are Citizens Bank CDs legit?
Yes, Citizens Bank is a Member FDIC bank. The FDIC insures money you deposit at the bank for up to $250,000 per account category and owner. If the bank fails, the FDIC will automatically reimburse you for the insured money you have in a CD.
What is the CD rate at Citizens Bank?
Citizens Bank pays
What is the Citizens Access 1-year CD?
Citizens, formerly known as Citizens Access, is the online-only division of Citizens Bank. The financial institution offers a 1-year CD that pays a high interest rate.
How Citizens Bank CD Rates Compare
Citizens Bank CD Rates vs. Capital One 360 CD Rates
Capital One 360 offers 10 CD terms ranging from 6 months to 5 years. Capital One CD rates are
Citizens Bank and Capital One 360 offer similar rates, but Capital One 360 CDs have a
Citizens Bank CD Rates vs. Synchrony Bank CD Rates
Synchrony Bank CD terms range from 3 months to 5 years, including a 24-month Bump Up CD and an 11-month No-Penalty CD. Synchrony Bank CD rates vary depending on the term, but you can earn between
The banks offer similar rates, but Synchrony offers extra flexibility with 16 term lengths and three types of CDs. There's also a
Why You Should Trust Us: How We Reviewed Citizens Bank CDs
Personal Finance Insider uses our certificate of deposit methodology to review CDs. We evaluated Citizens Bank's interest rates, CD terms, withdrawal penalties, and minimum deposits. We also considered the bank's mobile app, customer service, and ethics to determine a rating. We assign each category a score from 0 to 5, then average the scores together to create an overall rating out of 5.