CIT Bank Platinum Savings

CIT Bank

Best for hands-off savers who want zero fees.

3.75%APYFDIC Insured

Rate Details

Current APY3.75%
CompoundingDaily
Intro APY4.10% for 6 months
Min for Best Rate$5,000

Fees & Minimums

Monthly FeeNone
Min Opening Deposit$100
Wire Transfer Fee$10

Features

✓FDIC Insured
✓Mobile App
✓Mobile Deposit
✗ATM Access
✗Check Writing
✓Joint Account
✗Sub-Accounts / Buckets
✓Automatic Transfers
✗No Minimum Balance

Overview

CIT Bank Platinum Savings from CIT Bank offers 3.75% APY with no monthly fees and a $100 minimum opening deposit. Interest compounds daily and the account is FDIC insured.

Why We Like It

We like CIT Bank Platinum Savings because it supports automatic savings transfers, is FDIC insured for peace of mind.

Pros & Cons

Pros

  • No monthly fees
  • Mobile app available
  • Mobile check deposit
  • Automatic savings transfers
  • FDIC insured

Cons

  • Requires $100 minimum opening deposit
  • No ATM access
  • No check-writing privileges
  • No savings buckets or sub-accounts
Open Account at CIT Bank

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APY as of June 6, 2026