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CIT Bank Promotions
CIT Bank is currently offering nine promotions. Read our in-depth review of CIT Bank to see why CIT Bank scored 4.5 stars out of 5. We like their high apy, no minimum deposit for savings, and no monthly service fees.
- 1.85% APY
- $100 Minimum Opening Deposit
- No monthly maintenance fee
- FDIC Insured
- 1.80% APY
- Option to Withdraw Full Balance and Interest After 7 Days of CD Funding Date
- $1,000 Minimum Opening Deposit
- 11 Months
- No monthly maintenance fee
- FDIC insured
- Daily Compounding Interest
- $100,000 Minimum Opening Deposit
- Up to 1.75% APY
- Up to 5 years
- No monthly maintenance fee
- FDIC insured
- Daily Compounding Interest
$150
CIT Bank Savings Builder - $150 Bonus
Deposit $25,000 - $49,999 within 15 calendar days. Conditions Apply.
$300
CIT Bank Savings Builder - $300 Bonus
Deposit $50,000 or more within 15 calendar days. Conditions Apply.
Money Market Account - 1.85% APY
No-Penalty CD
Jumbo CDs
Compare Promotions
- Enjoy a $1,000 welcome bonus when you join Sapphire℠ Banking. Within 45 days, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts, (excludes any J.P. Morgan retirement accounts and CDs) and maintain that balance for 90 days.
- Enjoy a new kind of banking experience
- No ATM fees worldwide - down the street or around the globe
- Perks that add up - relationship rates, special access and help when you need it
- Open online in minutes
- Email my upgrade code
- Available in: AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KY, LA, MA, MD, MI, MS, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WI, WV
- Up to 1.25% APY
- No minimum balance requirements
- No fees to open or maintain account
- Overdraft Protection
- Daily Compounding Interest
- FDIC insured
- Cash back on all debit card purchases
- Up to 1.00% APY on savings
- No ATM fees
Chase Sapphire℠ Checking
Rewards Checking
Open Spend and Save Account - Earn up to 1.00% APY
About CIT Bank
CIT Bank offers some of the highest interest rates on the market. It is an online-only bank. Because there is no overhead typical of brick-and-mortar banks, CIT can pass the savings to customers in forms of higher interest rates.
CIT offers savings, money market, and a variety of CDs. There are no maintenance fees on any of the deposit accounts.
How to Get the Best Promo at CIT Bank
- Look for CIT Bank promo code. Keep your eye out on our page for coupons. Once in a while, CIT offers deal coupons to new customers. For example, you may get a cash bonus when you open a certain account. If you see one, be aware of when the offer expires and act on it quick.
How long do CIT Bank coupons last? Sometimes, CIT may offer limited-time cash bonus for opening a new account. Typically, CIT Bank offers are available year-round with no expiration date. You may apply for the accounts at any time and receive the latest rates.
- Get the Money Market account. CIT's money market account is one of the best out there. Its APY is one of the highest offered by CIT. You don't need a coupon code to enjoy the high rate.
What Bank Account to Open at CIT Bank
How do I use CIT Bank coupons? Typically, CIT Bank offers do not require a coupon code. Just simply access the deal through our page and you will receive the latest rates. In cases of special limited-time promos, we will provide CIT Bank coupons. All applications are online only.
- Money Market. CIT Bank money market account offers significantly higher APY rates than competitor online banks. The opening deposit is just $100 and there are no maintenance fees. The APY is even higher than that of the savings account and many CDs, and plus you get more flexibility in how you use your money.
- Savings. The APY for CIT high yield savings account is pretty solid too. You just need $100 to open the account. There are no maintenance fees.
- No-Penalty CD. If you're not sure if you can commit to not touching your money for a specific term, CIT offers a no-penalty CD with an excellent rate. You get the flexibility to withdraw your balance and interest earned without being penalized. There is a minimum deposit of $1,000.
How to save money at CIT Bank? CIT Bank offers several savings and CD accounts with high rates to help you save money faster. You can save by applying for the accounts through one of our current promotions.
What Not to Open at CIT Bank
- Term CDs over 2 years. Usually, CDs with longer terms have higher APY. However, CIT's longer term CDs (2 years and above) actually have lower APYs than their 18-month CD. If you're looking for a long-term CD, other banks can offer better rates.
Related: Best Online Savings Account
Highlights
Savings
Savings Builder up to 1.85% APY with $25,000 minimum balance or $100 monthly deposit. $100 minimum opening deposit.
Savings Builder up to 1.85% APY with $25,000 minimum balance or $100 monthly deposit. $100 minimum opening deposit.
Compare: CIT Bank vs Discover Bank
CD
Term CDs up to 1.85% APY. $1,000 minimum opening deposit. No monthly maintenance fee.
Term CDs up to 1.85% APY. $1,000 minimum opening deposit. No monthly maintenance fee.
Checking
eChecking: 0.25% APY with $25,000 minimum balance and 0.10% APY on balances under $25,000
eChecking: 0.25% APY with $25,000 minimum balance and 0.10% APY on balances under $25,000
Money Market
1.85% APY. $100 minimum deposit. No monthly maintenance fee.
1.85% APY. $100 minimum deposit. No monthly maintenance fee.
Customer Service
Monday - Friday: 8:00 am - 9:00 pm (ET)
Saturday: 9:00 am - 5:00 pm (ET)
Sunday: 11:00 am - 4:00 pm (ET)
Monday - Friday: 8:00 am - 9:00 pm (ET)
Saturday: 9:00 am - 5:00 pm (ET)
Sunday: 11:00 am - 4:00 pm (ET)
Locations
Online Only
Online Only
Compare: CIT Bank vs Chase
- Pricing information from published website as of 10/1/2019
- For the complete terms and conditions, view the merchant's website. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the merchant's website.
More Information
|  | |
 |  | |
CIT Bank | Ally Bank | |
|---|---|---|
Benefits and Features | ||
| Savings | Savings Builder up to 1.85% APY with $25,000 minimum balance or $100 monthly deposit. $100 minimum opening deposit. | 1.70% APY. No monthly service fee and no minimum deposit. |
| CD | Term CDs up to 1.85% APY. $1,000 minimum opening deposit. No monthly maintenance fee. | 0.75% to 2.25% APY. Terms of 3 months to 5 years. 12-month CD APY of 2.00%. No minimum deposit to open. |
| Checking | eChecking: 0.25% APY with $25,000 minimum balance and 0.10% APY on balances under $25,000 | 0.10% APY under $15,000; 0.50% APY $15,000 or more. No monthly service fee and no minimum deposit. Ally will refund ATM fees for other banks up to $10 per statement cycle. |
| Money Market | 1.85% APY. $100 minimum deposit. No monthly maintenance fee. | 0.75% APY. No monthly service fee and no minimum deposit. |
| Customer Service | Monday - Friday: 8:00 am - 9:00 pm (ET) Saturday: 9:00 am - 5:00 pm (ET) Sunday: 11:00 am - 4:00 pm (ET) | |
| ATMs | Over 43,000 no-fee Allpoint ATMs | |
| Locations | ||
| | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. CIT Bank: Pricing information from published website as of 10/1/2019 Ally Bank: Pricing information from published website as of 11/17/2019. | ||
CIT Bank Alternatives
- No fees
- No minimum opening deposit
- No minimum balance required
- Enjoy a $1,000 welcome bonus when you join Sapphire℠ Banking. Within 45 days, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts, (excludes any J.P. Morgan retirement accounts and CDs) and maintain that balance for 90 days.
- Enjoy a new kind of banking experience
- No ATM fees worldwide - down the street or around the globe
- Perks that add up - relationship rates, special access and help when you need it
- Open online in minutes
- Email my upgrade code
- Available in: AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KY, LA, MA, MD, MI, MS, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WI, WV
- Up to 1.25% APY
- No minimum balance requirements
- No fees to open or maintain account
- Overdraft Protection
- Daily Compounding Interest
- FDIC insured
- Earn 2.00% APY on balances of $10,000 and above
- Member FDIC
- Cash back on all debit card purchases
- Up to 1.00% APY on savings
- No ATM fees
Online Savings Account - Earn 1.80% APY
Chase Sapphire℠ Checking
Rewards Checking
UFB High Yield Savings - Earn up to 2.00% APY
Open Spend and Save Account - Earn up to 1.00% APY
Articles on CIT Bank
CIT Bank Review
Want a higher interest rate at a good FDIC insured bank? CIT is tempting, but there are downsides you should not ignore. Read this review before you open an account.
CIT Bank Login
Forgot your CIT Bank username? We'll show you how to login your online bank account.
CIT Bank Complaints
CIT Bank offers a high APY. But there are some downsides, too. Read on to learn more about CIT Bank common complaints and possible solutions.
CIT Bank CD Rates
CIT Bank is known for competitive interest rates on savings products. How are their CD rates? Find out the current rates and how they compare.
CIT Bank Savings Builder Review
If you can save just $100 per month, you can earn a high APY with CIT Bank's Savings Builder. Find out if this bank is good for you.
CIT Bank Routing Number
Want to transfer money in or out of your CIT Bank account? Read this review to find your ABA routing number.
CIT Bank Locations
CIT Bank is an online only bank with no physical branches. Find out how to manage your account, reach customer service, and the bank's current offers.
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