CIT Financial institution has three financial savings accounts: Platinum Financial savings, Financial savings Join and Financial savings Builder. If you happen to’re assured you’ll at all times have no less than $5,000 in your account, Platinum Financial savings is the very best guess, on account of its 4.85% APY. Nevertheless, in case your steadiness dips beneath that threshold, you’ll solely earn 0.25% APY.
The Financial savings Join account could also be a greater match since you’ll earn a 4.50% APY, no matter your steadiness. The Financial savings Builder, which solely pays a most of 1.00% APY, isn’t value a glance.
CIT financial savings account options
| Account | APY | Minimal steadiness | Month-to-month charge |
| CIT Platinum Financial savings | 4.85% on balances $5,000 and extra; 0.25% on balances beneath $5,000 | $100 to open; no requirement after that | None |
| CIT Financial savings Join | 4.50% | $100 to open; no requirement after that | None |
| CIT Financial savings Builder | 0.40% – 1.00% | $100 to open; should keep $25,000 steadiness or make no less than one month-to-month deposit of $100 or extra to earn upper-tier rate of interest | None |
Charges as of Sept. 13, 2024.
