Source: https://www.citizensbank.com/savings/cds-certificates-of-deposit/online-certificate-of-deposit.aspx
Read: 2026-10-22T08:23:03.000Z
ZIP: 02919

Official ZIP mapping: 02919 → RI
Region source: https://services.citizensbank.com/regionalization/api/query?zipcode=02919
Rate source: https://www.citizensbank.com/assets/CB_resources/json/rates/ODS.json
Product page with official ODS APYs substituted:
Online CD Rates | Certificate of Deposit (CD) | Citizens
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# Online CD (Certificate of Deposit)
Lock in a fixed rate with an online-only certificate of deposit.
## This product is not available in your current location
The below rates are for Rhode Island. Please update your ZIP code to see pricing, rates and promotions in your area.
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### 5-Month CD
Annual percentage yield (APY) 1 4.25 %
Minimum balance to open: $25,000 new money required
Available with a Citizens Quest® or Citizens Private Client® Checking account
Early withdrawal penalties may apply
Open 5-Month CD
### 10-Month CD
Annual percentage yield (APY) 1 4.40 %
Minimum balance to open: $25,000 new money required
Available with a Citizens Quest® or Citizens Private Client® Checking account
Early withdrawal penalties may apply
Open 10-Month CD
### 14-Month CD
Annual percentage yield (APY) 1 3.10 %
Minimum balance to open: $1,000 required
Available with a Citizens Quest® or Citizens Private Client® Checking account
Early withdrawal penalties may apply
Open 14-Month CD
## CD Features and Benefits
### Branches and ATMs
Visit us at more than 1,000 branches and over 3,000 ATMs
### Safety & Security
Bank securely with 24/7 fraud monitoring and FDIC insurance
### Personalized Guidance
Learn more from one of our bankers. Schedule an appointment
### 24/7 Banking
Bank anytime, anywhere with Online and Mobile Banking*
## Certificate of Deposit FAQs
### What is a Certificate of Deposit (CD)?
CDs are similar to savings accounts, but they are set to a fixed term (usually ranging from one month to ten years) and a fixed interest rate. It is expected that a CD be held to the end of the term, at which time the money may be withdrawn with the accrued interest. Early withdrawals of the principal balance may result in a fee, so ensure you will not need access to these funds for the term of the account before opening your CD.
### How does APY (Annual Percentage Yield) affect CD interest rates?
APY (Annual Percentage Yield) shows the true annual return you'll earn, including the effect of compounding.
If a CD has a 5% interest rate compounded monthly, the APY will be slightly higher than the 5% because of compounding.
Find out more about Annual Percentage Yield (APY) .
### How does compound interest work on a CD?
Compound interest on a CD means interest is added to your balance at regular intervals, so you earn interest on interest. In other words, you'll earn interest on your original deposit and the interest that has already been credited.
### Are there any fees to open a CD account at Citizens?
No, Citizens does not charge a fee to open a Certificate of Deposit (CD).
Keep in mind, early withdrawals before a CDs maturity will incur penalties, which may include a fee and loss of interest.
### What happens when my CD matures (reaches the end of its term) and how do I access my funds?
There is a 10-day grace period that begins the day after your maturity date. During this grace period you have the following options:
Renew your CD with the same or different terms. (if renewing you can add additional funds)
Withdraw part of the funds in your CD
Withdraw all the funds and close your CD
### Can I add additional funds to my certificate of deposit account?
No, once your CD account is opened you cannot add additional funds to the account. After your CD account reaches maturity, you will have a 10-day grace period where you can add additional funds to your renewing CD account.
### What is the penalty for early withdrawal before CD maturity?
If you withdraw the principal balance from your CD prior to maturity, you will be charged an early withdrawal penalty based on the term of your CD account.
The applicable early withdrawal penalties are as follows:
Short-term CD (Less than one year) - 90 days interest on withdrawal amount, or half the remaining interest to be earned, whichever is greater. Plus a Transaction Penalty - $50
Long-term CD (one year or longer) - 180 days interest on withdrawn amount, or half the remaining interest to be earned, whichever is greater. Plus a Transaction Penalty - $50
You can withdraw interest credited to your CD account before the maturity of the term of your CD without bank penalty.
© Citizens Financial Group, Inc. All rights reserved. Citizens Bank, N.A. Member FDIC
1 APY is accurate as of the product effective dates listed below and subject to change ( RI (ZIP 02919) ). You must have or upgrade to a Citizens Quest® Checking account or Citizens Private Client® Checking account. Must open with funds not currently on deposit with Citizens. Any funds transferred from Citizens Access should not be considered “New Money” for this offer. APY assumes interest remains on deposit until maturity date. Penalty for early withdrawal. This CD will renew automatically upon maturity.
Call us or visit a branch to apply or learn more about other available terms, competitive promotional CD and Money Market products with high yields or to roll over an existing Citizens CD
* Wireless carrier, text, and/or data charges may apply.
Citizens offers personal savings accounts in the following states: CT, DC, DE, FL, MD, MA, MI, NH, NJ, NY, OH, PA, RI, VT or VA
5 month: effective 2026-10-08
10 month: effective 2026-10-08
14 Month CD: effective 2025-12-01