Available nationwide, CIT Bank is offering a $225 or $300 bonus + 4.10% APY on balances of $5,000 or more when opening a CIT Bank Platinum Savings account with a $100 deposit.
Update 5/9/25: You can currently earn a $225 or $300 bonus when opening new account with qualifying activity. CIT Bank is offering a competitive rate with the Platinum Savings account – which also is a great hub account for push/pull transfers.
CIT Bank Platinum Savings $225 or $300 Bonus
Open a CIT Bank Platinum Savings account and get up to $300 bonus. Enter promo code PS2025 at opening. $100 minimum opening deposit.
How to earn bonus:
- Boost your savings when you open a new Platinum Savings account with the promo code PS2025.
- New customers must deposit at least $25,000 for a $225 bonus, or at least a minimum of $50,000 for a $300 bonus into the enrolled Platinum Savings account within the first 30 calendar days following account opening (the “Funding Period”). The single or multiple deposit(s) of $25,000 or $50,000 or more used to fund the account must come from a funding source outside of CIT Bank.
- Transfers from existing CIT Bank accounts will not qualify. Funds already on deposit with CIT Bank are ineligible.
- The enrolled Platinum Savings account must be open at the time of the bonus payment to qualify.
- If you meet the promotion requirements, your bonus will be added to your account within 60 days of qualifying (up to 90 days after account opening).
(FDIC-Insured)
About CIT Bank Platinum Savings
For more than 100 years, CIT Group Inc., a Fortune 500 company, has helped drive innovation as a leader in middle-market lending, and financing the retail, energy, healthcare, transportation and technology sectors.
With no maintenance or ATM fees and numerous conveniences, CIT Bank’s Platinum Savings account is an excellent banking solution for many depositors.
CIT Bank’s Platinum Savings has one of the highest interest rates with human phone and email support during business hours.
Whether you’re establishing a savings habit or looking for a high-yielding savings, CIT Bank’s Platinum Savings account is a powerful tool to boost your savings.
Open an account with a great rate and easy, 24/7 online access.
| Balance Requirement | APY Rate |
| $5,000+ | 4.10% |
| Less than $5,000 | 0.25% |
CIT Bank Platinum Savings Rate
- Interest Rate: 4.10% APY
- Account Type: CIT Bank Platinum Savings
- Availability: Nationwide (Online)
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Soft pull
- Opening Deposit: $100
- Monthly Fee: There are no monthly fees
- Early Account Termination Fee: None
(FDIC-Insured)
CIT Bank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | 1 day | $250K | $7.5M | None |
| Pull | 1 day | $500K | $15M | None |
How to Earn CIT Bank Rate
- Open a CIT Bank Platinum Savings Account.
- Enter your info. Securely provide your address, phone number, email and Social Security number (or other taxpayer ID).
- Fund your account. Open an account with a minimum of $100. You can transfer funds with an electronic transfer, mail-in check or wire.
- And you’re done. That’s all there is to it. We’ll send an email confirming you have successfully opened your account.
- Earn 4.10% APY on n balances of $5,000 or more.
Why You Should Sign Up For This Account
- Competitive rates
- Secure. Your CIT Bank account is FDIC insured, which means it’s secure.
- Digital convenience. CIT Bank’s mobile app makes it easy to manage your account.
- No monthly service fees. No account opening or monthly services fees, so you can keep what you earn.
Bottom Line
Check out CIT Bank and open a Platinum Savings account to earn a competitive rate!
This is one of the favorite savings accounts to use as a Hub account to transfer my money. You can transfer $250K out per day or pull $500K per day from another bank. Best of all, it takes only a day to see your money!
The fact that you can earn a high rate on any balance makes this Savings Account all worthwhile.
Interested in Bank Bonuses? See promotions from our favorite banks: U.S. Bank, Citi, Huntington, Chase, TD, Discover Bank, Axos Bank, BMO Harris, SoFi, and more!
For more bank offers, see the complete list of Best Bank Rates! For more, see our list of the latest CIT Bank promotions.
How does CIT Bank have a 250k ach limi while other banks like Bread Financial has a 5k daily limit? Can you anyone explain that to me?