Citizens Bank CD Rates
Are they worth considering?
Citizens Bank's CD rates are not as competitive as other banks
Citizens Bank offers a variety of CD terms ranging from one month to 120 months, but only two of which are featured on its website. The 8-month CD option does provide a very competitive yield, but the 14-Month Online CD offers a lower rate of just 2.75% APY. Some of the best one-year CD rates go as high as 5.50% APY.
If you're looking for a high-yield CD, Citizens Bank is not the best option. However, if you're looking for a short-term CD with a competitive rate, the 8-month CD option may be worth considering.
Comments