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The Citi® Accelerate High-Yield Savings account might be for you if: You're interested in earning a high APY on your savings account funds without giving up access to a nationwide branch network. Customers with all balances can earn competitive rates, but those with balances of at least $30,000 can qualify for additional relationship benefits.
On Citi's Secure Website.
Member FDIC.
Citi® Accelerate High-Yield Savings
On Citi's Secure Website.
On Citi's Secure Website.
Citi is one of the few brick-and-mortar banks that can hang with online banks in terms of savings account APYs. In addition to a high interest rate, it also gives you the opportunity to earn Citi ThankYou points you can redeem for things you enjoy. And those who qualify for one of its Relationship Tiers could receive even more benefits.
Rates subject to change before and after account opening. Select markets only.
At Motley Fool Money, we rate savings accounts on a five-star scale, shown in tenths of a point to highlight even small differences between products. Accounts are evaluated across four main criteria:
Scores may be adjusted to reward limited-time high rates or penalize accounts with excessive fees. Our goal is to highlight accounts that are competitive, easy to use, and backed by trusted institutions. Learn more about how Motley Fool Money rates bank accounts.
At Motley Fool Money, we rate savings accounts on a five-star scale, shown in tenths of a point to highlight even small differences between products. Accounts are evaluated across four main criteria:
Scores may be adjusted to reward limited-time high rates or penalize accounts with excessive fees. Our goal is to highlight accounts that are competitive, easy to use, and backed by trusted institutions. Learn more about how Motley Fool Money rates bank accounts.
Make sure you're getting the best account for you by comparing savings rates and promotions. Here are some of our favorite high-yield savings accounts to consider.
| Account | APY | Bonus | Next Steps |
|---|---|---|---|
Open Account for SoFi Checking and Savings
On SoFi's Secure Website.
4.90/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor |
up to 3.80%
Rate info
Earn up to 3.80% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.70% APY Boost (added to the 3.10% APY as of 5/28/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.
Min. to earn: $0
|
Earn $50 or $400 and +0.70% Boost on Savings APY with direct deposit. Terms apply.
Earn up to 3.80% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.70% APY Boost (added to the 3.10% APY as of 5/28/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC. |
Open Account for SoFi Checking and Savings
On SoFi's Secure Website. |
Open Account for NexBank High-Yield Savings Account from Raisin
On Raisin's Secure Website.
4.70/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor |
4.15%
Rate info
Earn a guaranteed 4.15% APY for 90 days. After that, your savings keep growing at a competitive standard rate — currently 3.97% APY (subject to change). No minimum account balance required. Deposit or withdraw at any time with no additional fees. See product terms for complete details.
Min. to earn: $1
|
Earn up to $1,200 when you sign up and fund your account using code SUMMER26.¹
|
Open Account for NexBank High-Yield Savings Account from Raisin
On Raisin's Secure Website. |
Open Account for Happen Bank LevelUp Savings
On Happen Bank's Secure Website.
4.70/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor |
4.00% APY with $250+ in monthly deposits
Rate info
*LevelUp Rate of 4.00% APY applied to full balance with $250+ in deposits in Evaluation Period. Otherwise, accounts earn Standard Rate of 3.00% APY. LevelUp Rate applies to first two statement cycles. Rates variable & subject to change at any time. See terms: https://www.happen.com/legal/deposits/levelup-savings-t-and-cs
Min. to earn:
|
N/A
|
Open Account for Happen Bank LevelUp Savings
On Happen Bank's Secure Website. |
¹New customers only. Earn a cash bonus (the "Base Bonus") when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive a Base Bonus of $50 for depositing between $10,000 and $24,999; $125 for depositing between $25,000 and $49,999; $250 for depositing between $50,000 and $99,999; $500 for depositing between $100,000 and $199,999; and $1,000 for depositing $200,000 or more.
Customers may earn an additional bonus by setting up a recurring deposit within 14 days of their initial deposit (the “Recurring Deposit Bonus”). To qualify, the recurring deposit must be established within 14 days of the initial deposit date and it must execute at least two (2) times within 90-days of the initial deposit. Recurring Deposit Bonus eligibility is determined by your Base Bonus tier:
Customers are eligible to earn the Recurring Deposit Bonus associated with their Base Bonus tier or any lower Recurring Deposit Bonus tier. For example, a customer with an initial deposit of $200,000 (qualifying for the highest Base Bonus tier) whose aggregate recurring deposits total $500, is eligible for the lower tier and will receive the $50 Recurring Deposit Bonus. However, setting up a recurring deposit greater than your Base Bonus tier's required threshold will not qualify you for a higher Recurring Deposit Bonus.
The Recurring Deposit Bonus is paid in addition to the Base Bonus. To qualify for the Base Bonus and Recurring Deposit Bonus, your first deposit must be initiated between June 1, 2026, and August 31, 2026, by 11:59 PM ET, and the promo code SUMMER26 must be entered at the time of sign-up. Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days will be eligible for the Base Bonus. Bonus cash will be credited directly to your Cash Account within 30 days of meeting all qualifying terms. This offer is available to new customers only and may not be combined with any other bonus offers. Raisin may modify or end this offer at any time and may withhold or revoke bonuses in cases of fraud, abuse, or violation of these terms or Raisin’s Terms of Service.
Here's a closer look at all the Citi® Accelerate High-Yield Savings account has to offer.
| Account | APY | Minimum Deposit |
|---|---|---|
| Citi® Accelerate High-Yield Savings | 3.40% | $0 |
The Citi® Accelerate High-Yield Savings account's APY is equal to that of some of our favorite savings accounts, and you don't even need to make a minimum deposit to earn it. It's definitely higher than what you'll find from a typical brick-and-mortar bank.
Citi® Accelerate High-Yield Savings customers could face the following fees. However, there are ways to waive several of them, and there are others that most customers won't encounter too often.
| Fees | Standard Fee | Citi Priority | Citigold® | Citigold® Private Client |
|---|---|---|---|---|
| Monthly Service Fee | $4.95 (waivable with $500 average monthly balance) | Waived | Waived | Waived |
| Non-Citi ATM Fee | $2.50 (waivable with $500 average monthly balance) | Waived | Waived | Waived |
| Clerical Research (per hour, one-hour minimum) | $25.00 | $25.00 | $25.00 | $25.00 |
| Collection of Checks Drawn on Foreign Bank | $30.00 | $30.00 | $30.00 | $30.00 |
| Expedited Domestic Delivery of Replacement Debit Card | $6.00 | Waived | Waived | Waived |
| Foreign Currency Exchange Fee – Under $1,000 | $5.00 | Waived | Waived | Waived |
| Foreign Exchange Fee | 3% | Waived | Waived | Waived |
| Legal Process Per Service | $125.00 | $125.00 | $125.00 | $125.00 |
| Money Order for Customers | $5.00 | Waived | Waived | Waived |
| Official Check | $10.00 | Waived | Waived | Waived |
| Stop Payment Request | $30.00 | Waived | Waived | Waived |
| Wire Transfer – Incoming Domestic and International | $15.00 | Waived | Waived | Waived |
| Wire Transfer – Outgoing Online Domestic | $25.00 | $17.50 | Waived | Waived |
| Wire Transfer – Outgoing Domestic Other Channels | $35.00 | $35.00 | $35.00 | Waived |
| Wire Transfer – Outgoing Online International | $35.00 | $25.00 | Waived | Waived |
| Wire Transfer – Outgoing International Other Channels | $45.00 | $45.00 | $45.00 | Waived |
There is no minimum balance requirement to open the Citi® Accelerate High-Yield Savings account. However, customers on its Everyday Benefits tier will need at least a $500 average monthly balance to avoid its monthly service fee. And you must deposit money into the account within the first 90 days to avoid account closure.
The Citi® Accelerate High-Yield Savings account doesn't limit how many withdrawals you can make from your savings account each month. Many other accounts limit you to six free withdrawals per statement cycle.
But there are daily limits on ATM card withdrawal limits. This is $1,500 for Everyday Benefits tier customers, but those on other Citi Relationship Tiers can withdraw up to $5,000 per day.
The Citi Mobile app is available to Android and iOS customers. Both apps have received high ratings from millions of users.
Both apps allow you to view your balance, transfer funds, and even remotely deposit checks. Those who have other Citi accounts, like a Citi credit card, can also manage this from the app.
Citi customers can use more than 65,000 fee-free ATMs at hundreds of Citi branches across the U.S. There are also plenty of online options to access your money.
There are several ways to deposit funds into your Citi® Accelerate High-Yield Savings account, including:
Funds from Citi savings account deposits are typically available immediately if made before cutoff times. Deposits made later are available the next business day.
You can withdraw money from your Citi® Accelerate High-Yield Savings account using similar methods as deposits:
Depending on your Relationship Tier, you may need to leave a minimum amount of funds in your account to avoid paying monthly fees.
Citi has received largely positive feedback from customers, scoring above average in nearly every region it featured in on the latest J.D. Power U.S. Retail Banking Satisfaction Study.
However, the company currently has an F rating with the Better Business Bureau. This appears to be due to recent lawsuits that claim Citi didn't do enough to protect or reimburse its customers who were victims of electronic fraud.
Competitive APY: The Citi® Accelerate High-Yield Savings account earns a competitive APY of 3.40% on all balances. But you might get a higher rate at one of the banks on our best savings accounts list.
No minimum deposit: You can open a Citi® Accelerate High-Yield Savings account no matter how much money you have to invest.
All-in-one banking: Few banks can match Citibank's lineup of offerings to handle all of your banking needs in one place. Citi's credit cards offer best-in-class perks in addition to offering an array of banking accounts, personal loans, mortgages, investing, and wealth management services.
Monthly fee waived: For the first three months of your account, Citi will waive the $4.50 monthly fee. Then, you can avoid paying the monthly fee by keeping an average monthly balance of $500 or more, linking a Citi checking account, or maintaining a high Relationship Tier.
Relationship Tiers for high net worth clients: Citi now rewards clients for holding a high monthly average balance across numerous Citi accounts, like checking, CDs, IRA, and investments. If you have more than $30,000 in savings, you could get perks like waived account and non-Citi ATM fees, higher withdrawal limits, annual subscription reimbursements, and more. See our section below on Relationship Tiers for more details.
Access to high-yield savings is limited: The savings account earns great rates, but only if you live in one of its eligible states, U.S. territories, or eligible regions of otherwise ineligible states. Residents in other states can't open a Citi® Accelerate High-Yield Savings account.
Monthly fee: Depending on your circumstances, you could end up paying a monthly fee. If you don't have a Citi checking account, or can't maintain a monthly average balance of $500, you'll pay the $4.50 account fee.
Yes, the Citi® Accelerate High-Yield Savings account comes with $250,000 of FDIC insurance per depositor, per account ownership category. Those who open a joint account will receive additional protection.
Citi used to offer banking packages but now has Relationship Tiers. Each Tier will reward you for maintaining a specific monthly balance. The rewards grow increasingly more generous as you move toward the top tier, but each one includes a waived monthly fee and no fees on non-Citi ATM transactions. Take a look for yourself at what each tier requires and the benefits you can get.
| Regular savings | Citi Priority | Citigold® | Citigold® Private Client | |
|---|---|---|---|---|
| Combined average monthly balance | $0 - $29,999.99 | $30,000 to $199,999.99 |
To start: $200,000 to $999,999.99 To maintain: $180,000 to $999,999.99 |
To start: $1,000,000+ To maintain: $800,000+ |
| APY | 3.40% | 3.40% | 3.40% | 3.40% |
| Monthly fee | $4.50 | — | — | — |
| Daily ATM withdrawal limits | $1,500 | $2,000 | $5,000 | $5,000 |
| Daily debit card purchase limits | $5,000 | $10,000 | $25,000 | $50,000 |
| Annual subscription rebates | — | — | Up to $200 | Up to $400 |
| Citigold Concierge & Culture Pass | — | — | Yes | Yes |
The combined average monthly balance includes not just your Citi savings but also Citi checking accounts, CDs, IRAs, and investments accounts.
If you're new to Citi, you'll choose your Relationship Tier upon opening your account. Then, you'll need to maintain your tier's minimum balance range for three consecutive months to stay in that tier.
If you want to "tier up," you'll need to maintain that tier's minimum average monthly balance for three consecutive months. The same applies for those who already bank at Citi: You won't get to choose your tier but rather will be slotted based on your combined monthly average balance for the previous three consecutive months.
The Citi® Accelerate High-Yield Savings account could be a good fit for you if:
The Citi® Accelerate High-Yield Savings account is ideal for savers who want to park a decent amount of savings in an account with a higher-than-average APY. It's also perfect for those who can maintain a balance of $500 monthly to avoid paying account fees.
You should get a Citi® Accelerate High-Yield Savings account if you want your savings to keep better pace with inflation without locking it in a certificate of deposit (CD) or risking it in the stock market. Currently, you can earn 3.40% APY on your funds with no minimum balance requirements.
There is no minimum deposit to open a Citi® Accelerate High-Yield Savings account. However, the bank may close accounts that have a zero balance for 90 or more days.
Motley Fool Stock Disclosures
Citigroup is an advertising partner of Motley Fool Money. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. American Express is an advertising partner of Motley Fool Money. Kailey Hagen, CFP® has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Apple, and Target. The Motley Fool has a disclosure policy.
