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Citi term deposits

Citi Australia is part of one of the world's largest financial services organisations, Citigroup. Citigroup has a presence in over 100 countries and has been providing consumer finance to Australians since 1985.

The group's culmination of global experience enables them to offer some of the world's most innovative financial services including foreign currency deposits, credit cards, home loans, savings accounts, term deposits, insurance and transaction accounts. 

Citi customers can reach customer support by contacting them via:

  • Customer service (phone, email, branch)
  • Mobile app
  • Online banking
  • Mobile banking staff
Other available products

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Why choose Citi

Benefits

  • High rates for longer-term deposits
  • Global brand

Drawbacks

  • Interest only paid at maturity
  • Limited deposit terms

Citi Term Deposits

Term Deposits calculator

Use our term deposit calculator to see how much you can earn under different investment scenarios.

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months
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The result provided is an estimate only. Please read our Calculator Assumptions and Disclaimer for more information.

Final balance at the end of term would be

$0
  1. The final balance at the end of the savings duration is the sum of the initial deposit and interest earned, based on the entered duration and interest rate.
  2. Calculations assume that details entered into calculator, including interest rates, do not change for the fixed term deposit period.
  3. All results are based solely upon the data entered into the calculator.
  • Calculator does not include the cost of fees or other extra charges.
  • Calculator does not account for changes to interest rates over time.
  • This calculator is for information purposes only. Any advice is general and has not taken into account your personal circumstance. Read our full disclaimer.

About Citi term deposits

Citi offers term deposits with shorter terms of 1, 3, 6, 9 and 12 months as well as longer terms of 2, 3, 4 or 5 years. 

Its term deposit rates range from low for its shortest term to moderate and high for other term deposits. Interest is only paid at maturity. 

Citi does not charge any set up or monthly service fees. However, early termination or break fees may apply. 

Citi term deposits review

Depending on the term deposit period, the interest rates offered by Citi can range from low to high. Customers looking to get a term deposit with Citi will need to do their research around which term is offering the most competitive rate. 

Citi also only pays interest at maturity. If you have a 3-year term deposit, for example, you may be missing out on additional interest compared to providers who pay interest annually for multi-year term deposits. 

Choosing a Citi product does offer greater customer convenience for travellers as it is a global brand. If you needed to get in contact with Citi for your term deposit, or any other financial product while overseas, a branch may be closer than you think. 

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.