CIT Bank Interest Rates: A Comprehensive Guide

As one of the top online banks in the country, CIT Bank offers a range of competitive interest rates on its deposit products. Whether you're looking to grow your savings or earn interest on a high-yield money market account, CIT Bank has something for everyone. In this article, we'll take a closer look at CIT Bank's interest rates and what they can offer.

CIT Bank Savings Connect Account

The CIT Bank Savings Connect Account is a high-yield savings account that offers an impressive 4.15% APY (Annual Percentage Yield) on balances up to $250,000. This rate is significantly higher than the national average for high-yield savings accounts and makes it an attractive option for those looking to earn interest on their savings.

CIT Bank High-Yield Money Market Account

The CIT Bank High-Yield Money Market Account offers a competitive 4.20% APY on balances up to $250,000. This account also comes with no monthly maintenance fees, no minimum balance requirements, and unlimited ATM fee rebates worldwide.

CIT Bank Certificates of Deposit (CDs)

CIT Bank CDs offer a range of term lengths from 6 months to 5 years, allowing you to choose the length that best suits your financial goals. The rates vary depending on the term length, but they're generally competitive with other online banks.

Why Choose CIT Bank for Your Savings?

So why should you choose CIT Bank for your savings needs? Here are a few reasons:

* Competitive interest rates: CIT Bank offers some of the most competitive interest rates in the industry, making it an attractive option for savers.

* Low fees: CIT Bank has no monthly maintenance fees, no minimum balance requirements, and unlimited ATM fee rebates worldwide, making it a low-cost option for savers.

* Easy online banking: CIT Bank's online banking platform is easy to use and allows you to manage your accounts from the comfort of your own home.

CIT Bank offers a range of competitive interest rates on its deposit products, including high-yield savings accounts, money market accounts, and CDs. With no monthly maintenance fees, no minimum balance requirements, and unlimited ATM fee rebates worldwide, CIT Bank is an attractive option for those looking to earn interest on their savings. Whether you're a seasoned saver or just starting out, CIT Bank has something for everyone.

Cit bank interest rates