background

Savings accounts

Saving for your future has never been easier

Citigold savings accounts at a glance

Our savings accounts are ideal if you are looking for a balanced wealth management portfolio or if you want to temporarily hold some funds before purchasing any of our investment products.

Save in GBP and USD
using a single debit card

Competitive savings rates
for all Citigold clients

Savings accounts

Choose from three types of savings account to suit your needs

Reward Saver Account (Issue 9) for longer term savings


0.10% gross p.a. AER (Variable Standard Rate) on balances up to £1 Million.


  • Interest is paid on balances from just £1 up to £1 million for Citigold Clients
  • Available for UK residents only

  • Only one account per customer
  • Not available to customers who have held a Reward Saver within the 6 months prior to application.

Please Note: If you're looking to withdraw from your savings account during the year, this may not be the most suitable account for you. In this case, please see our Flexible Saver Account.

This savings account is currently unavailable for new clients unless it is opened alongside a Citigold Current Account.


Fees and rates (interest rates correct as of 1 March 2019)


Reward Saver Account (Issue 9) Gross % P.A.* AER %*
Variable Standard Rate 0.101 0.101

Account name
Reward Saver (Issue 8)
What is the interest rate?

  • For Citi Current Account Holders
  • Interest Rate: The Variable Standard Rate of 0.03% gross p.a./AER is payable on balances up to £150,000.
    Bonus Rate: No Bonus is payable on this account.

  • For Citigold Current Account Holders
  • Interest Rate: The Variable Standard Rate of 0.10% gross p.a./AER is payable on balances up to £1,000,000.
    Bonus Rate: A fixed introductory bonus of 0.40% gross p.a./0.20% AER applies for the first six months.

    The total rate for the first six months is 0.50% gross p.a./0.30% AER and after this, the rate will revert to the Variable Standard Rate which is currently 0.10% gross p.a./AER.

    The total rate will be 0.30% AER variable for the first year. After the first year, the rate will be the Variable Standard Rate of 0.10% gross p.a./AER.

    For all accounts, interest is calculated daily and paid into your account monthly

    Can Citi change the interest rate?

    Yes, the Variable Standard Rate can change, however the initial introductory bonus rate for Citigold Current Account holders is fixed for six months starting from the date the Reward Saver is opened, if applicable.

    The ‘Changes to interest rates’ section of the ‘General Terms and Conditions for Citi Current Accounts and Savings Accounts’ outlines the circumstances when we can vary the interest rate and how we will communicate such a change to you.

    What would the estimated balance be after 12 months based on a £1,000 deposit?

  • For Citi Current Account Holders
  • At the current rate of 0.03% gross p.a./AER, a balance of £1,000 will grow to £1,000.30 at the end of 12 months.

  • For Citigold Current Account Holders
  • At a rate of 0.50% gross p.a./0.30% AER (includes a bonus of 0.40% gross p.a./ 0.20% AER), a balance of £1,000 will grow to £1,002.50 at the end of the initial six month bonus period. On the first anniversary of the expiry of the introductory bonus period, a balance of £1,002.50 will have grown to £1,003.51.

    These estimated balances are for illustrative purposes only, do not take into account individual circumstances and assume that:

    • The interest rates do not change and interest is paid into the account
    • No further withdrawals and deposits are made

    No interest will be paid on the total balance during months in which you make a withdrawal of any amount, therefore, in the event of £1 being withdrawn each month, no interest will be paid during the year and the balance will be £988 on the anniversary of the account being opened.

    How do I open and manage my account?

    Existing clients can apply to open a Reward Saver via Citi Online. Citigold Current Account Holders can also apply through their Relationship Manager or in the Citigold Lounge

    A Reward Saver can be opened with a minimum of £1. There is no limit on the amount that may be held in the Reward Saver account but please be aware that interest will only be paid on balances as follows:

    • For Citi Current Account Holders: up to £150,000
    • For Citigold Current Account Holders: up to £1,000,000

    Once it’s open, you can manage your account via Citi Online, CitiPhone or in branch, if you are a Citigold client

    If you are not yet a Citi client, you will need to open a Current Account with us in order to open a Reward Saver. Please visit us in branch to discuss your banking needs.

    Can I withdraw money

    Yes, however no interest will be paid on the total balance during months in which you make a withdrawal of any amount.

    You are not required to provide any notice before making a withdrawal.

    Should you close your Reward Saver at any time, interest will be paid as normal upon closure.

    Additional information

    The Reward Saver is not available to any person who has held a Reward Saver at any time in the six months prior to applying. The rates shown apply to the type of Current Account you hold with us. If, for example, you no longer hold a Citigold Current Account, the rate available to you will be that for Citi Current Account Holders.

    Gross p.a. is the contractual rate of interest payable before any deduction of income tax.

    AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    Tax treatment or the rate of interest payable may be subject to change in the future and the tax treatment depends on your individual circumstances. Citi does not provide tax advice and you should consult your tax or financial adviser to find out what is appropriate for your individual circumstances.

    The information and rates presented in this summary box are correct as of 01 March 2018.


    For a comparison of our saving accounts, please view our Comparison Guide

    Important information

    Savings account interest rates, including the bonus rate, are variable and subject to change but correct at the time of publishing. Terms and Conditions apply. The bonus rate offer may be withdrawn at any time.

    This does not apply to account closures. A statement month is the period between the dates when your monthly statement is issued. All new to Citibank customers will, by default, have their statement date automatically set to the last day of the calendar month, resulting in a statement month normally being the same as a calendar month for new customers. This is an option for existing customers if required although the change in date will apply to all of a customer's accounts.

    *The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    1No interest paid during any statement month in which you make a withdrawal. Interest is paid as normal on account closures.


    Eligibility criteria


    All Citigold clients benefit from our accounts. Citigold Savings Accounts are available free of charge if you have an average monthly income of £150,000 (or currency equivalent) across all your Citi UK accounts, including investments, of if you hold an account with Citi International Personal Bank in London or Jersey. If you don’t meet either of these criteria, a monthly fee of £75 will apply.

    See our Account specific Terms & Conditions

    Reward Saver Account (Issue 9)

    Variable Standard Rate of 0.10% gross p.a./AER.

    No interest will be paid on your account balance during any statement month in which you make a withdrawal.

    Apply now

    Flexible Saver Account for Instant Access Savings


    • Interest is paid on balances from just £1 up to £1 million for Citigold clients
    • Instant access with no penalties for withdrawals.
    • Transfer money between your Citi accounts via our easy access 24/7 online service.
    • Available for UK residents only
    • Only one account per customer
    • This savings account is currently unavailable for new clients unless it is opened alongside a Citigold Current Account.

     

    Fees and rates (interest rates correct as of 1 March 2019)


    Flexible Saver Gross % P.A.* AER %*
    Variable Standard Rate 0.05 0.05

    Account name
    Flexible Saver
    What is the interest rate

  • For Citi Current Account Holders
  • The Variable Standard Rate is 0.01% gross p.a./AER on balances up to £150,000.

  • For Citigold Current Account Holders
  • The Variable Standard Rate is 0.05% gross p.a./AER on balances up to £1,000,000.

    For all accounts, interest is calculated daily and paid into your account monthly.

    Can Citi change the interest rate?

    Yes, the rate is variable.

    The ‘Changes to interest rates’ section of the ‘General Terms and Conditions for Citi Current Accounts and Savings Accounts’ outlines the circumstances when we can vary the interest rate and how we will communicate such a change to you.

    What would the estimated balance be after 12 months based on a £1,000 deposit?

  • For Citi Current Account Holders
  • At the current rate of 0.01% gross p.a./AER, a balance of £1,000 will grow to £1,000.10 at the end of 12 months.

  • For Citigold Current Account Holders
  • At the current rate of 0.05% gross p.a./AER, a balance of £1,000 will grow to £1,000.50 at the end of 12 months.

    These estimated balances are for illustrative purposes only, do not take into account individual circumstances and assume that:

    • The interest rates do not change and interest is paid into the account
    • No further withdrawals and deposits are made

    No interest will be paid on the total balance during months in which you make a withdrawal of any amount, therefore, in the event of £1 being withdrawn each month, no interest will be paid during the year and the balance will be £988 on the anniversary of the account being opened.

    How do I open and manage my account?

    Existing clients can apply to open a Flexible Saver via Citi Online. Citigold Current Account Holders can also open their account through their Relationship Manager or in the Citigold Lounge.

    A Flexible Saver can be opened with a minimum of £1. There is no limit on the amount that may be held in the Flexible Saver account but please be aware that interest will only be paid on balances as follows:

    • For Citi Current Account Holders: up to £150,000
    • For Citigold Current Account Holders: up to £1,000,000

    Once it’s open, you can manage your account via Citi Online, CitiPhone or in branch, if you are a Citigold client

    If you are not yet a Citi client, you will need to open a Current Account with us in order to open a Flexible Saver. Please visit us in branch to discuss your banking needs.

    Can I withdraw money

    Yes, there are no penalties when you make a withdrawal and you are not required to provide any notice before making a withdrawal.

    Should you close your Flexible Saver at any time, interest will be paid as normal upon closure.

    Additional information

    The Flexible Saver is not available to any person who has held a Flexible Saver at any time in the six months prior to applying. The rates shown apply to the type of Current Account you hold with us. If, for example, you no longer hold a Citigold Current Account, the rate available to you will be that for Citi Current Account Holders.

    Gross p.a. is the contractual rate of interest payable before any deduction of income tax.

    AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    Tax treatment or the rate of interest payable may be subject to change in the future and the tax treatment depends on your individual circumstances. Citi does not provide tax advice and you should consult your tax or financial adviser to find out what is appropriate for your individual circumstances.

    The information and rates presented in this summary box are correct as of 1 December 2016.


    For a comparison of our saving accounts, please view our Comparison Guide

    Important information

    Savings account interest rates, including the bonus rate, are variable and subject to change but correct at the time of publishing. Terms and Conditions apply. The bonus rate offer may be withdrawn at any time.

    This does not apply to account closures. A statement month is the period between the dates when your monthly statement is issued. All new to Citibank customers will, by default, have their statement date automatically set to the last day of the calendar month, resulting in a statement month normally being the same as a calendar month for new customers. This is an option for existing customers if required although the change in date will apply to all of a customer's accounts.

    *The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    1No interest paid during any statement month in which you make a withdrawal. Interest is paid as normal on account closures.


    Eligibility criteria


    All Citigold clients benefit from our accounts. Citigold Savings Accounts are available free of charge if you have an average monthly income of £150,000 (or currency equivalent) across all your Citi UK accounts, including investments, of if you hold an account with Citi International Personal Bank in London or Jersey. If you don’t meet either of these criteria, a monthly fee of £75 will apply.

    See our Account specific Terms & Conditions

    Flexible Saver Account

    0.05% gross p.a/ AER variable

    No penalties for withdrawals.

    Apply now

    US Dollar Reward Saver


    • Hold your US Dollars in the UK and avoid GBP to US$ exchange rate fluctuations
    • Interest that’s payable is paid on credit balances from just $1 up to $2 million for Citigold clients
    • No interest will be paid on your savings account balance during any statement month in which you make a withdrawal.
    • Available for UK residents only
    • This savings account is currently unavailable for new clients unless it is opened alongside a Citigold Current Account.

     


    Account name
    US Dollar Reward Saver
    What is the interest rate

    The Variable Standard Rate is 0.05% gross p.a./AER on balances up to $2,000,000.

    Interest is calculated daily and paid into your account monthly.

    Can Citi change the interest rate?

    Yes, the rate is variable.

    The ‘Changes to interest rates’ section of the ‘General Terms and Conditions for Citi Current Accounts and Savings Accounts’ outlines the circumstances when we can vary the interest rate and how we will communicate such a change to you.

    What would the estimated balance be after 12 months based on a $1,000 deposit?

    At the current rate of 0.05% AER, a balance of $1,000 will grow to $1,000.50 at the end of 12 months.

    This estimated balance is for illustrative purposes only, does not take into account individual circumstances and assumes that:

    • The interest rate does not change and interest is paid into the account
    • No further withdrawals and deposits are made

    No interest will be paid on the total balance during months in which you make a withdrawal of any amount, therefore, in the event of $1 being withdrawn each month, no interest will be paid during the year and the balance will be $988 on the anniversary of the account being opened.

    How do I open and manage my account?

    Existing clients can apply to open a US Dollar Reward Saver via Citi Online. Citigold Current Account Holders can also open their account through their Relationship Manager or int he Citigold Lounge.

    A US Dollar Reward Saver can be opened with a minimum of $1. There is no limit on the amount that may be held in the US Dollar Reward Saver account but please be aware that interest will only be paid on balances up to $2,000,000.

    Once it’s open, you can manage your account via Citi Online, CitiPhone or in branch.

    If you are not yet a Citi client, you will need to open a Current Account with us in order to open a US Dollar Reward Saver. Please visit us in branch to discuss your banking needs.

    Can I withdraw money

    Yes, however no interest will be paid on the total balance during months in which you make a withdrawal of any amount.

    You are not required to provide any notice before making a withdrawal.

    Should you close your US Dollar Reward Saver at any time, interest will be paid as normal upon closure.

    Additional information

    The US Dollar Reward Saver is not available to any person who has held a US Dollar Reward Saver at any time in the six months prior to applying.

    Gross p.a. is the contractual rate of interest payable before any deduction of income tax.

    AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    Tax treatment or the rate of interest payable may be subject to change in the future and the tax treatment depends on your individual circumstances. Citi does not provide tax advice and you should consult your tax or financial adviser to find out what is appropriate for your individual circumstances.

    The information and rates presented in this summary box are correct as of 1 December 2016.


    For a comparison of our saving accounts, please view our Comparison Guide

    Important information

    Savings account interest rates, including the bonus rate, are variable and subject to change but correct at the time of publishing. Terms and Conditions apply. The bonus rate offer may be withdrawn at any time.

    This does not apply to account closures. A statement month is the period between the dates when your monthly statement is issued. All new to Citibank customers will, by default, have their statement date automatically set to the last day of the calendar month, resulting in a statement month normally being the same as a calendar month for new customers. This is an option for existing customers if required although the change in date will apply to all of a customer's accounts.

    *The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    1No interest paid during any statement month in which you make a withdrawal. Interest is paid as normal on account closures.


    Eligibility criteria


    All Citigold clients benefit from our accounts. Citigold Savings Accounts are available free of charge if you have an average monthly income of £150,000 (or currency equivalent) across all your Citi UK accounts, including investments, of if you hold an account with Citi International Personal Bank in London or Jersey. If you don’t meet either of these criteria, a monthly fee of £75 will apply.

    See our Account specific Terms & Conditions

    US Dollar Reward Saver

    0.05% gross p.a/ AER variable

    Apply now

    Reward Saver Account (Issue 9) for longer term savings


    0.10% gross p.a. AER (Variable Standard Rate) on balances up to £1 Million.


    • Interest is paid on balances from just £1 up to £1 million for Citigold Clients
    • Available for UK residents only
    • Only one account per customer
    • Not available to customers who have held a Reward Saver within the 6 months prior to application.

    Please Note: If you're looking to withdraw from your savings account during the year, this may not be the most suitable account for you. In this case, please see our Flexible Saver Account.

    This savings account is currently unavailable for new clients unless it is opened alongside a Citigold Current Account.


    Fees and rates (interest rates correct as of 1 March 2019)


    Reward Saver Account (Issue 9) Gross % P.A.* AER %*
    Variable Standard Rate 0.101 0.101

    Account name
    Reward Saver (Issue 8)
    What is the interest rate?

  • For Citi Current Account Holders
  • Interest Rate: The Variable Standard Rate of 0.03% gross p.a./AER is payable on balances up to £150,000.
    Bonus Rate: No Bonus is payable on this account.

  • For Citigold Current Account Holders
  • Interest Rate: The Variable Standard Rate of 0.10% gross p.a./AER is payable on balances up to £1,000,000.
    Bonus Rate: A fixed introductory bonus of 0.40% gross p.a./0.20% AER applies for the first six months.

    The total rate for the first six months is 0.50% gross p.a./0.30% AER and after this, the rate will revert to the Variable Standard Rate which is currently 0.10% gross p.a./AER.

    The total rate will be 0.30% AER variable for the first year. After the first year, the rate will be the Variable Standard Rate of 0.10% gross p.a./AER.

    For all accounts, interest is calculated daily and paid into your account monthly

    Can Citi change the interest rate?

    Yes, the Variable Standard Rate can change, however the initial introductory bonus rate for Citigold Current Account holders is fixed for six months starting from the date the Reward Saver is opened, if applicable.

    The ‘Changes to interest rates’ section of the ‘General Terms and Conditions for Citi Current Accounts and Savings Accounts’ outlines the circumstances when we can vary the interest rate and how we will communicate such a change to you.

    What would the estimated balance be after 12 months based on a £1,000 deposit?

  • For Citi Current Account Holders
  • At the current rate of 0.03% gross p.a./AER, a balance of £1,000 will grow to £1,000.30 at the end of 12 months.

  • For Citigold Current Account Holders
  • At a rate of 0.50% gross p.a./0.30% AER (includes a bonus of 0.40% gross p.a./ 0.20% AER), a balance of £1,000 will grow to £1,002.50 at the end of the initial six month bonus period. On the first anniversary of the expiry of the introductory bonus period, a balance of £1,002.50 will have grown to £1,003.51.

    These estimated balances are for illustrative purposes only, do not take into account individual circumstances and assume that:

    • The interest rates do not change and interest is paid into the account
    • No further withdrawals and deposits are made

    No interest will be paid on the total balance during months in which you make a withdrawal of any amount, therefore, in the event of £1 being withdrawn each month, no interest will be paid during the year and the balance will be £988 on the anniversary of the account being opened.

    How do I open and manage my account?

    Existing clients can apply to open a Reward Saver via Citi Online. Citigold Current Account Holders can also apply through their Relationship Manager or in the Citigold Lounge

    A Reward Saver can be opened with a minimum of £1. There is no limit on the amount that may be held in the Reward Saver account but please be aware that interest will only be paid on balances as follows:

    • For Citi Current Account Holders: up to £150,000
    • For Citigold Current Account Holders: up to £1,000,000

    Once it’s open, you can manage your account via Citi Online, CitiPhone or in branch, if you are a Citigold client

    If you are not yet a Citi client, you will need to open a Current Account with us in order to open a Reward Saver. Please visit us in branch to discuss your banking needs.

    Can I withdraw money

    Yes, however no interest will be paid on the total balance during months in which you make a withdrawal of any amount.

    You are not required to provide any notice before making a withdrawal.

    Should you close your Reward Saver at any time, interest will be paid as normal upon closure.

    Additional information

    The Reward Saver is not available to any person who has held a Reward Saver at any time in the six months prior to applying. The rates shown apply to the type of Current Account you hold with us. If, for example, you no longer hold a Citigold Current Account, the rate available to you will be that for Citi Current Account Holders.

    Gross p.a. is the contractual rate of interest payable before any deduction of income tax.

    AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    Tax treatment or the rate of interest payable may be subject to change in the future and the tax treatment depends on your individual circumstances. Citi does not provide tax advice and you should consult your tax or financial adviser to find out what is appropriate for your individual circumstances.

    The information and rates presented in this summary box are correct as of 01 March 2018.


    For a comparison of our saving accounts, please view our Comparison Guide

    Important information

    Savings account interest rates, including the bonus rate, are variable and subject to change but correct at the time of publishing. Terms and Conditions apply. The bonus rate offer may be withdrawn at any time.

    This does not apply to account closures. A statement month is the period between the dates when your monthly statement is issued. All new to Citibank customers will, by default, have their statement date automatically set to the last day of the calendar month, resulting in a statement month normally being the same as a calendar month for new customers. This is an option for existing customers if required although the change in date will apply to all of a customer's accounts.

    *The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    1No interest paid during any statement month in which you make a withdrawal. Interest is paid as normal on account closures.


    Eligibility criteria


    All Citigold clients benefit from our accounts. Citigold Savings Accounts are available free of charge if you have an average monthly income of £150,000 (or currency equivalent) across all your Citi UK accounts, including investments, of if you hold an account with Citi International Personal Bank in London or Jersey. If you don’t meet either of these criteria, a monthly fee of £75 will apply.

    See our Account specific Terms & Conditions

    Reward Saver Account (Issue 9)

    Variable Standard Rate of 0.10% gross p.a./AER.

    No interest will be paid on your account balance during any statement month in which you make a withdrawal.

    Apply now

    Flexible Saver Account for Instant Access Savings


    • Interest is paid on balances from just £1 up to £1 million for Citigold clients
    • Instant access with no penalties for withdrawals.
    • Transfer money between your Citi accounts via our easy access 24/7 online service.
    • Available for UK residents only
    • Only one account per customer
    • This savings account is currently unavailable for new clients unless it is opened alongside a Citigold Current Account.

    Fees and rates (interest rates correct as of 1 March 2019)


    Flexible Saver Gross % P.A.* AER %*
    Variable Standard Rate 0.05 0.05

    Account name
    Flexible Saver
    What is the interest rate

  • For Citi Current Account Holders
  • The Variable Standard Rate is 0.01% gross p.a./AER on balances up to £150,000.

  • For Citigold Current Account Holders
  • The Variable Standard Rate is 0.05% gross p.a./AER on balances up to £1,000,000.

    For all accounts, interest is calculated daily and paid into your account monthly.

    Can Citi change the interest rate?

    Yes, the rate is variable.

    The ‘Changes to interest rates’ section of the ‘General Terms and Conditions for Citi Current Accounts and Savings Accounts’ outlines the circumstances when we can vary the interest rate and how we will communicate such a change to you.

    What would the estimated balance be after 12 months based on a £1,000 deposit?

  • For Citi Current Account Holders
  • At the current rate of 0.01% gross p.a./AER, a balance of £1,000 will grow to £1,000.10 at the end of 12 months.

  • For Citigold Current Account Holders
  • At the current rate of 0.05% gross p.a./AER, a balance of £1,000 will grow to £1,000.50 at the end of 12 months.

    These estimated balances are for illustrative purposes only, do not take into account individual circumstances and assume that:

    • The interest rates do not change and interest is paid into the account
    • No further withdrawals and deposits are made

    No interest will be paid on the total balance during months in which you make a withdrawal of any amount, therefore, in the event of £1 being withdrawn each month, no interest will be paid during the year and the balance will be £988 on the anniversary of the account being opened.

    How do I open and manage my account?

    Existing clients can apply to open a Flexible Saver via Citi Online. Citigold Current Account Holders can also open their account through their Relationship Manager or in the Citigold Lounge.

    A Flexible Saver can be opened with a minimum of £1. There is no limit on the amount that may be held in the Flexible Saver account but please be aware that interest will only be paid on balances as follows:

    • For Citi Current Account Holders: up to £150,000
    • For Citigold Current Account Holders: up to £1,000,000

    Once it’s open, you can manage your account via Citi Online, CitiPhone or in branch, if you are a Citigold client

    If you are not yet a Citi client, you will need to open a Current Account with us in order to open a Flexible Saver. Please visit us in branch to discuss your banking needs.

    Can I withdraw money

    Yes, there are no penalties when you make a withdrawal and you are not required to provide any notice before making a withdrawal.

    Should you close your Flexible Saver at any time, interest will be paid as normal upon closure.

    Additional information

    The Flexible Saver is not available to any person who has held a Flexible Saver at any time in the six months prior to applying. The rates shown apply to the type of Current Account you hold with us. If, for example, you no longer hold a Citigold Current Account, the rate available to you will be that for Citi Current Account Holders.

    Gross p.a. is the contractual rate of interest payable before any deduction of income tax.

    AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    Tax treatment or the rate of interest payable may be subject to change in the future and the tax treatment depends on your individual circumstances. Citi does not provide tax advice and you should consult your tax or financial adviser to find out what is appropriate for your individual circumstances.

    The information and rates presented in this summary box are correct as of 1 December 2016.


    For a comparison of our saving accounts, please view our Comparison Guide

    Important information

    Savings account interest rates, including the bonus rate, are variable and subject to change but correct at the time of publishing. Terms and Conditions apply. The bonus rate offer may be withdrawn at any time.

    This does not apply to account closures. A statement month is the period between the dates when your monthly statement is issued. All new to Citibank customers will, by default, have their statement date automatically set to the last day of the calendar month, resulting in a statement month normally being the same as a calendar month for new customers. This is an option for existing customers if required although the change in date will apply to all of a customer's accounts.

    *The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    1No interest paid during any statement month in which you make a withdrawal. Interest is paid as normal on account closures.


    Eligibility criteria


    All Citigold clients benefit from our accounts. Citigold Savings Accounts are available free of charge if you have an average monthly income of £150,000 (or currency equivalent) across all your Citi UK accounts, including investments, of if you hold an account with Citi International Personal Bank in London or Jersey. If you don’t meet either of these criteria, a monthly fee of £75 will apply.

    See our Account specific Terms & Conditions

    Flexible Saver Account

    0.05% gross p.a/ AER variable

    No penalties for withdrawals.

    Apply now

    US Dollar Reward Saver


    • Hold your US Dollars in the UK and avoid GBP to US$ exchange rate fluctuations
    • Interest that’s payable is paid on credit balances from just $1 up to $2 million for Citigold clients
    • No interest will be paid on your savings account balance during any statement month in which you make a withdrawal.
    • Available for UK residents only
    • This savings account is currently unavailable for new clients unless it is opened alongside a Citigold Current Account.


    Account name
    US Dollar Reward Saver
    What is the interest rate

    The Variable Standard Rate is 0.05% gross p.a./AER on balances up to $2,000,000.

    Interest is calculated daily and paid into your account monthly.

    Can Citi change the interest rate?

    Yes, the rate is variable.

    The ‘Changes to interest rates’ section of the ‘General Terms and Conditions for Citi Current Accounts and Savings Accounts’ outlines the circumstances when we can vary the interest rate and how we will communicate such a change to you.

    What would the estimated balance be after 12 months based on a $1,000 deposit?

    At the current rate of 0.05% AER, a balance of $1,000 will grow to $1,000.50 at the end of 12 months.

    This estimated balance is for illustrative purposes only, does not take into account individual circumstances and assumes that:

    • The interest rate does not change and interest is paid into the account
    • No further withdrawals and deposits are made

    No interest will be paid on the total balance during months in which you make a withdrawal of any amount, therefore, in the event of $1 being withdrawn each month, no interest will be paid during the year and the balance will be $988 on the anniversary of the account being opened.

    How do I open and manage my account?

    Existing clients can apply to open a US Dollar Reward Saver via Citi Online. Citigold Current Account Holders can also open their account through their Relationship Manager or int he Citigold Lounge.

    A US Dollar Reward Saver can be opened with a minimum of $1. There is no limit on the amount that may be held in the US Dollar Reward Saver account but please be aware that interest will only be paid on balances up to $2,000,000.

    Once it’s open, you can manage your account via Citi Online, CitiPhone or in branch.

    If you are not yet a Citi client, you will need to open a Current Account with us in order to open a US Dollar Reward Saver. Please visit us in branch to discuss your banking needs.

    Can I withdraw money

    Yes, however no interest will be paid on the total balance during months in which you make a withdrawal of any amount.

    You are not required to provide any notice before making a withdrawal.

    Should you close your US Dollar Reward Saver at any time, interest will be paid as normal upon closure.

    Additional information

    The US Dollar Reward Saver is not available to any person who has held a US Dollar Reward Saver at any time in the six months prior to applying.

    Gross p.a. is the contractual rate of interest payable before any deduction of income tax.

    AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    Tax treatment or the rate of interest payable may be subject to change in the future and the tax treatment depends on your individual circumstances. Citi does not provide tax advice and you should consult your tax or financial adviser to find out what is appropriate for your individual circumstances.

    The information and rates presented in this summary box are correct as of 1 December 2016.


    For a comparison of our saving accounts, please view our Comparison Guide

    Important information

    Savings account interest rates, including the bonus rate, are variable and subject to change but correct at the time of publishing. Terms and Conditions apply. The bonus rate offer may be withdrawn at any time.

    This does not apply to account closures. A statement month is the period between the dates when your monthly statement is issued. All new to Citibank customers will, by default, have their statement date automatically set to the last day of the calendar month, resulting in a statement month normally being the same as a calendar month for new customers. This is an option for existing customers if required although the change in date will apply to all of a customer's accounts.

    *The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

    1No interest paid during any statement month in which you make a withdrawal. Interest is paid as normal on account closures.


    Eligibility criteria


    All Citigold clients benefit from our accounts. Citigold Savings Accounts are available free of charge if you have an average monthly income of £150,000 (or currency equivalent) across all your Citi UK accounts, including investments, of if you hold an account with Citi International Personal Bank in London or Jersey. If you don’t meet either of these criteria, a monthly fee of £75 will apply.

    See our Account specific Terms & Conditions

    US Dollar Reward Saver

    0.05% gross p.a/ AER variable

    Apply now

    Start your Citigold Relationship

    Apply now

    More account benefits

    • Bank anywhere with Citi Online and the Citi Mobile® UK App
    • E-Statements – view, save or print up to 24 months of statements conveniently with Citi Online
    • Citi Alerts – free account updates by text or email

    Why Choose Citigold Wealth Management?

    Advisory
    A goal-based advisory service with access to a wide range of onshore and offshore investment solutions to help create a wealth strategy that is tailored to your needs

    Your Team
    Your dedicated Relationship Manager is an experienced investment advisor trained through the Citi | Wharton Global Wealth Institute, and is supported by a team of financial specialists

    Insights
    To help inform your investment decisions, Citi Analysts bring you regular in-depth global Market Insights. You can join us for exclusive investment seminars and webinars with top Citi specialists and industry experts

    Global Privileges & Offers
    An array of exclusive, curated lifestyle privileges and a global banking proposition with worldwide Citigold status recognition

    Start your Citigold Relationship

    Citigold is available if you maintain a minimum average monthly balance of £150,000 (or currency equivalent) across all your Citi UK accounts, including investments.

    Apply now