CIT Bank is one of those unique banks that offers a great Premier High Yield Savings account and also get a rate of 1.55% APY. There are also a load of benefits that come with opening a CIT Bank account such as competitive rates, low opening deposit of $100, no maintenance fees, and daily compounding of interest so you can earn your money faster. Be sure to check out their savings account where you can get returns over 25x the national average (1.55% APY Rate) on all balances. If you’re looking to build up money fast with your savings account this is the bank to use since most banks only offer monthly interest compounded while CIT Bank offers daily compounded interest.
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CIT Bank Info:
Be sure to check out this offer that has an amazing APY rate of 1.55%! The great thing about opening an account with this bank is that there is no direct deposit requirement and no monthly fee! This is definitely a bank worth looking into since most banks nowadays have horrible CD rates and CIT Bank is one of the few offering a pretty good rate.
How to Receive CIT Bank Rate:
- Open a Premier High Yield Savings from CIT Bank with $100 opening deposit.
- Have the following info handy when filling out your application:
- Social Security number
- Driver’s license or other valid state identification
- A check or your bank routing and account numbers from the account you’ll be using to fund your new CIT Bank Premier High Yield Savings Account
- Names and personal details (Social Security number, valid ID) of any joint account holders and/or designated beneficiaries
- Deposit your funds and watch your savings grow.
| Account Balance: | APY Rate: |
|---|---|
| $0 – $250,000 | 1.55% |
| Balances over $250,000 | 1.55% |
Bottom Line:
CIT Bank is the bank to use if you’re looking for a bank that is offering an amazing Premier High Yield Savings account with a rate of 1.55% APY. The no maintenance fee is also a great feature, combined with the daily compounding interest makes this a great bank to choose if you’re looking to save up a lot over time! Some of the other great features of CIT Bank include are free online banking and being FDIC insured. Find all the Best Rates on Savings from our exclusive list nationwide!
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