CIT Bank Promotions: 5.05% Platinum Savings, 4.90% No-Penalty CD, 4.65% Savings Connect, 5.00% APY 6-Month CD (November 2023)

• Simply open a Savings Connect account with a minimum opening deposit for each account is $100.
• Earn 4.65% APY.

• Interest rates and Annual Percentage Yields (APYs) are variable and may change without notice.
• The minimum to open a Savings Connect account is $100.
• Fees could reduce earnings on the accounts.
• The account must be funded within 30 days of account opening.

You will need the standard information, including your SSN, drivers license, the account information of the bank you wish to link to your CIT account, and similar information.The minimum deposit for CDs is $1,000 for the no penalty CD.

1. Select the No-Penalty CD on CIT Bank’s website.
2. Complete your application.
3. Review and accept the terms and conditions.
4. Set up a few security questions.
5. Fund the new account (You can transfer money into CIT through an ACH transfer)

• You may withdraw the total balance and interest earned, without penalty beginning seven days after the funds have been received for your CD.
• No withdrawals are permitted during the first six days following the receipt of funds.

You will need the standard information, including your SSN, drivers license, the account information of the bank you wish to link to your CIT account, and similar information. The minimum deposit for CDs is $1,000 for the no penalty CD.

1. Select the CD term on CIT Bank’s website of your choice.
2. Complete your application.
3. Review and accept the terms and conditions.
4. Set up a few security questions.
5. Fund the new account (You can transfer money into CIT through an ACH transfer)

• You may withdraw the total balance and interest earned, without penalty beginning seven days after the funds have been received for your CD.
• No withdrawals are permitted during the first six days following the receipt of funds.

• Open a CIT Bank Money Market account online with $100 opening deposit
• Input your info – Provide your name, address, phone, email and social security number or Tax ID.
• Fund the account – Fund your account with $100 minimum initial deposit

• Interest Rates for the Money Market Account are variable and may change at any time without prior notice.
• Fees will reduce earnings.

• Maintain at least a $25,000 balance OR make at least a $100 each month to earn the highest rate.
• The higher interest rate can be earned by completing one of following requirements:
  1. Monthly Savers:
     • Make at least one single deposit of $100 or more during the first Evaluation Period which begins on the third business day prior to the end of the month the account was opened.
     • Additional deposits made between the account opening date and the beginning of the first Evaluation Period will not qualify.
     • In order to continue to earn the higher rate, make at least one single deposit of $100 every month.
  2. High Balance Savers:
     • Have an account balance of $25,000 or more on each Evaluation Day. The Evaluation day is the fourth business day prior to the end of the month.

*APY assumes the account is opened on the 15th day of the month and no qualifying deposits of $100 are made following account opening. Actual APY may be greater or less depending on the date the account is opened.

**APY assumes additional qualifying deposits are made each Evaluation Period.

• On each Evaluation Day the interest rate applicable for the next Evaluation Period will be determined.
• Accounts with an end-of-day balance of at least $25,000 on the Evaluation Day or with at least one deposit of $100 or more that posts to the account during the Evaluation Period will earn the Upper Tier interest rate during the next Evaluation Period.
• Accounts with an end-of-day balance less than $25,000 on an Evaluation Day without a deposit of $100 or more that posts to the account during the Evaluation Period will earn the Base Tier interest rate for the next Evaluation Period.
• This process will occur every month.
• The First Evaluation Period for this account begins on June 26, 2019 and ends on the First Evaluation Day, Friday, July 26, 2019.
• With a balance less than $25,000, in order to continue earning the Upper Tier interest rate during the next Evaluation Period, the customer must make at least one deposit of $100 or more during the First Evaluation Period, June 26 through July 26, 2019.