Citibank offers a variety of certificates of deposit, with varying terms: 3-months, 6-months, 9-months, as well as one through five years. Interest can be paid monthly to the CD itself, or it can be directed to your checking or savings account; it can also be paid at maturity. CDs renew automatically, so if you don't want to keep your money locked up, let Citi know within seven days after it matures.