Find the most updated CIT Bank promotions, bonuses, rates, and offers here.
Update 11/13/24: Rates have slightly decreased for the Platinum Savings and Savings Connect. I personally have the the CIT Bank Platinum Savings, a great account to keep; overall a great HUB account.
About CIT Bank Promotions
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.
CIT Bank is also perfect if you are looking for high interest rates to build up your savings account!
Next, I’ll review current CIT Bank offers below.
CIT Bank Platinum Savings 4.55% APY
Earn 4.55% APY when you open a CIT Bank Platinum Savings Account
Account Type: Platinum Savings- Availability: Nationwide; Online Only
- Opening Deposit: $100 minimum each account
- Monthly Service Fee: None
(Visit CIT Bank to learn more)
How To Earn 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 4.55% APY on n balances of $5,000 or more.
CIT Bank Savings Connect 4.20% APY
Earn 4.20% APY when you open a CIT Bank Savings Connect account.
- Account Type: Savings Connect
- Availability: Nationwide; Online Only
- Opening Deposit: $100 minimum each account
- Monthly Service Fee: None
(Visit CIT Bank to learn more)
How To Earn Rate
- Simply open a Savings Connect account with a minimum opening deposit for each account is $100.
- Earn 4.20% APY.
Fine Print
- 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.
CIT Bank No-Penalty CD Rate
CIT Bank CDs provide a safe, secure way to grow your savings and you can even choose from a selection of CD terms to help you stay on target for your savings goals. Earn 3.50% APY.
- Account Type: No-Penalty 11-Month CD
- Availability: Nationwide; Online Only
- Opening Deposit: $1,000 minimum
- Monthly Service Fee: None
(FDIC Insured)
How To Earn Rate
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.
- Select the No-Penalty CD on CIT Bank’s website.
- Complete your application.
- Review and accept the terms and conditions.
- Set up a few security questions.
- Fund the new account (You can transfer money into CIT through an ACH transfer)
| Term Length | Account Balance | APY |
| 11-Month No-Penalty CD | $1,000+ | 3.50% |
Fine Print
- 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.
CIT Bank CD Rates
- Account Type: Certificate of Deposit(CD)
- Best CD Rates:
- Availability: Nationwide; Online Only
- Opening Deposit: $1,000 minimum
- Monthly Service Fee: None
(FDIC Insured)
How To Earn Rate
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.
- Select the CD term on CIT Bank’s website of your choice.
- Complete your application.
- Review and accept the terms and conditions.
- Set up a few security questions.
- Fund the new account (You can transfer money into CIT through an ACH transfer)
Fine Print
- 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.
CIT Bank Money Market 1.55% APY
- What you’ll get: 1.55% APY
- Account Type: Money Market
- Availability: Nationwide; Online Only
- How to earn it:
- Open a new CIT Bank Money Market account to earn the listed rate.
- Monthly Service Fee: None
- Availability: Nationwide (Online)
- Credit Inquiry: Soft Pull
(FDIC Insured)
How To Earn Rate
- 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
Fine Print
- Interest Rates for the Money Market Account are variable and may change at any time without prior notice.
- Fees will reduce earnings.
CIT Bank Savings Builder 1.00% APY Rate
The CIT Bank Savings Builder account is a tiered savings account that allows you to earn competitive rates based on account balances or when you have a direct deposit.
- Account Type: Savings Builder
- Availability: Nationwide; Online Only
- Opening Deposit: $100 minimum
- Monthly Service Fee: None
(Visit CIT Bank for more details.)
You can begin your savings journey with Savings Builder which allows you to earn interest regardless of your account balance.
How To Earn Rate
- 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:
- 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.
- 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.
- Monthly Savers:
*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.
| Tier | Balance Requirement | APY |
| Base | $0 – $25,000 | 0.40% |
| Upper | $0 – $25,000, but with monthly deposit of $100 or more | 1.00% |
| Upper | $25,000+ | 1.00% |
Fine Print
- 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.
Bottom Line
If you don’t mind not having a not having a physical location, you can sign up for any CIT Bank promotions and enjoy these bonuses!
Also, get great interest rates on savings accounts that features a daily compounding of interest to maximize earning potential!
Never worry about hidden fees, and bank on-the-go!
Currently, CIT Bank is offering Savings Accounts, Money Market Accounts, and CDs with various rates but we recommend you compare their rates with our full list of CD Rates. If you want to check up on the internet’s most complete list of Bank Account Rates.
Compare these offers with other institutions like U.S. Bank, BMO Harris, Discover Bank, TD Bank, Chase, Huntington, and our extensive list of banking promotions.
*Check back to find the latest CIT Bank promotions, offers, and rates.
These CIT Bank promotions for December 2024 look fantastic! I’m particularly excited about the 4.55% Platinum Savings rate—it’s great to see such competitive offers. Does anyone know if there are any hidden fees or minimum balance requirements?
why where you a hard pull
Up to 45 days total review period. Not bad…1.7% and you get $300. Not many places are paying 1.7%. But, you will be issued a $300 form 1099 taxable on the bonus. So if your are 22% bracket you lose….$66 in taxes plus state taxes.
Lots of deals to catch from CIT. Good perks for loyal customers.
What’s up, constantly i used to check website posts here in the early hours in the morning, as i like to learn more and more.
Hard pull for me.
Can this be funded with a credit card? and if so how much.