CIT Bank CD Rates: 3.35% APY 11-Month No Penalty & 13 Month CD (Nationwide)

Find all the latest CIT Bank CD Rates, promotions, and offers here.

Update 9/23/25: The rates have decreased to 3.35% APY (from 3.50%).

Best CD Rates:

• 3.35% APY 13-Month CD ($1000 Minimum)
• 3.35% APY 11-Month No-Penalty CD ($1000 Minimum)

Availability: Nationwide, Online

Credit Inquiry: Soft Pull

• APY — Annual Percentage Yield is accurate as of September 23, 2025. With a No-Penalty CD, you may withdraw the total balance and interest earned, without penalty, beginning 7 days after funds have been received for your CD. No withdrawals are permitted during the first 6 days following the receipt of funds.
• APY — Annual Percentage Yield is accurate as of September 23, 2025. $1,000 minimum deposit is required to open the account. A penalty may be imposed for early withdrawal of principal, and any early withdrawal (principal or interest) will reduce earnings. Upon maturity, the 13-Month CD will be automatically renewed as a 1-Year Term CD at the then-published APY.
• For complete list of account details and fees, see our Personal Account disclosures.

About CIT Bank CD Rates

CIT Bank, a division of First Citizens Bank, is a top-10 online bank built on the heritage of First Citizen Bank’s experience.

CIT Bank CD Rates

CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make.

With as little as $1,000, you can invest in a CIT Bank CD account to maximize your earnings.

Compare their offering now to find the solutions that fit best with your savings goals. If you’re interested in making a higher rate than a traditional savings account then make sure to check out below CD rates.

• Minimum deposit: $1,000
• Maximum deposit: None
• Early withdrawal penalty:
  • The penalty we may impose will equal 6 months’ simple interest on the amount withdrawn

CIT Bank CD Account Features

• Extremely Easy to Open an Account
  • To open an account you must be a U.S. citizen or resident alien that is 18 years or older, you must have a U.S. address, a Social Security number, and a driver’s license or state-issued ID, and you must have a check or bank account number to electronically transfer money into your new CIT Bank account.
• Low Minimum Deposit
  • As long as you open your CD with at least $1,000, you will earn interest at the highest rate in the country.
• Competitive Rate
  • CIT Bank’s CD account earns more than the national average. Interest is also compounded daily and credited monthly.
• FDIC Insured
  • You can feel confident knowing that your funds are insured up to the maximum amount of $250,000.

Bottom Line

With a unique selection of CD lengths to choose from, you can be sure to find an account that best fits all your banking needs.

Take advantage of a low required minimum balance of just $1,000.

You might even find yourself earning more than a regular savings account. Be sure to apply as soon as you can to start your new account experience.

Check back often for the latest CIT Bank CD rates!

See our list of the latest CIT Bank offers.

For more options, see our list of the best CD rates and no penalty CD rates.

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.