CIT Bank Savings Builder
Highlights: Accelerate Your Savings
Highest APY Yield: 1.00%
- Earn up to 1.00% APY with a savings plan that fits your lifestyle.
- Two ways to accelerate your savings
- High Balance Savers: Maintain a balance of $25k or more to earn our highest interest rate.
- Monthly Savers: $100 minimum to open an account plus, $100 minimum single deposit per month to earn our highest interest rate.
About CIT Bank
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender).
Our Take
CIT Bank provides options for anyone looking to increase savings. It can be a struggle to come up with a minimum deposit for maximum benefit, so CIT offers a low $100 monthly deposit to take advantage of the highest rate.
This savings account is built on the idea that anyone can accelerate their savings with the right product and approach. Currently, you can earn up to 0.85% APY with one of these two savings products:
- High balance savers: maintain a minimum balance of $25k to earn the highest interest rate.
- Monthly savers: make a minimum deposit of $100 each month to earn the highest interest rate.
As you can see, CIT Bank makes it simple to open an account and earn a competitive interest rate.
Terms and Conditions
APY — Annual Percentage Yield is accurate as of June 16, 2022 Interest Rates for the Savings Builder Account are variable and may change at any time without prior notice.
Availability
Available nationwide
