CIT Bank
High Yield Savings

A CIT Bank savings account helps you get more from your savings with interest rates for maximum growth. Our savings products have different features and rates to fit your financial needs.

Platinum Savings

Planning on holding higher balances in your savings account? Platinum Savings rewards you for your balances of $5,000 and more with a higher APY.

Savings Connect

Get a competitive rate with a Savings Connect account and the benefits of easy access to your funds. There is no minimum account balance required to earn a competitive APY.

Money Market

Your hard-earned money deserves a hard-working bank. Reach your savings goals with a high-yield Money Market account.

Savings Builder

Need help establishing a consistent savings habit? Savings Builder tracks your savings and rewards you with a higher interest rate as you develop a consistent savings habit.

Savings Builder is a tiered interest rate account. Tier levels are subject to change without notice. Interest rates and Annual Percentage Yields (APYs) are variable and may change without notice. Minimum to open account is $100. Fees could reduce earnings on the account.

Interest Tiers

  • Tier - Base Tier
    • Balance Requirement < $25,000
    • APY 0.40%*
    • Interest Rate 0.250%
  • Tier - Upper Tier
    • Balance Requirement < $25,000, but with monthly deposit of $100 or more
    • APY 1.00%
    • Interest Rate 0.995%**
  • Tier - Upper Tier
    • Balance Requirement ≥ $25,000
    • APY 1.00%***
    • Interest Rate 0.995%
Savings Builder Tiers Comparison Chart
Tier Balance Requirement APY Interest Rate
Base Tier < $25,000 0.40%* 0.250%
Upper Tier < $25,000, but with monthly deposit of $100 or more 1.00% 0.995%**
Upper Tier ≥ $25,000 1.00%*** 0.995%

*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.

**Interest Rate is 0.995% during the Introductory Period and 0.250% thereafter.

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

Visit our Savings Builder page for complete terms and conditions.

Take a look at our complete range of products and rates