Citibank is offering one of the best CD rates for a 6 month CD. The annual percentage yield of 4.00% is very competitive for a major bank. The average 6 month CD rate is 3.17% as reported by bankrate.com.

The minimum opening balance for the CD account is $500. You can choose to have Interest paid monthly or at maturity.

The early withdrawal penalty is 30 days of interest, 90 days of interest if you reside in California or Nevada.

Be sure to use promotional offer code CKC6.

Citibank 6 month CD Application