Card Services
Open a Time Deposit Account with Citibank
Grow your money with Citi.
Savings can help you face unexpected emergencies or simply let you enjoy the pleasures of life when you want. If you are looking for a fast and secure savings option, with Citi Time Deposits you can end your search.
Time deposit, also referred to as Fixed Rate Time Deposit, keeps the principal amount intact while letting you earn a fixed rate of interest for a specified tenor.
You can save a convenient amount, so when it matures, you can use it to buy a new car or to travel to your dream destination.
Time Deposit Features
A time deposit or a fixed rate time deposit has a wide portfolio of features. To open this account, you must have a minimum account balance of AED 1000 or its equivalent in USD, AUD, or CAD.
Start savings funds at your convenience and prepare for a better and financially sound tomorrow.
Features:
Available in multiple currencies
Competitive interest rate
Flexible tenor
How to Open Citibank Fixed Rate Time Deposit Account?
Opening a fixed rate time deposit with Citibank is easy and hassle-free. You won’t have to take out extra time from your busy schedule to visit your nearest Citi branch, as you can apply for one online.
Check the options below to know more:
- Log on to your Citibank account and set up a Time Deposit account
- Call our 24-Hour CitiPhone Banking Service on +971 4 311 4000 for further assistance
Time Deposit Interest Rates
Citi Fixed Rate Time Deposit offers a safe and secured platform that you can use at your convenience to start your savings journey. It is available in various currencies and in flexible tenor of 1 month, 3 months, 6 months and 1 year too, so you can access it conveniently.
What’s more, it offers competitive interest rates on your principal amount.
To know more and to view the latest time deposit interest rates, please click here.
Key Fact Statement
- Click here to view the Key Fact Statement for Time Deposits.
Frequently Asked Questions
The minimum deposit required for a Citibank Fixed Rate Time Deposit account is AED 1000 or its equivalent in USD, AUD, or CAD.
The range of tenures offered on Citi Fixed Rate Time Deposit accounts are - 1 month, 3 months, 6 months, and 1 year.
Yes, a nominal fee of AED 50 is charged for setting up standing instructions on a Fixed Rate Time Deposit account.
You will receive the interest on your Fixed Rate Time Deposit account when it matures.
Yes, you can make an early withdrawal on your time deposit account. Please check the Key Fact Statement for more details.
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I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www1.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www1.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The information provided on this website does not constitute the marketing of any products or services to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man, the UK, Data Privacy (GDPR, LGPD & NZPA)*. The content on this website is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
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