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2/24/2020

Earn More Money with the Savings Builder

Two out of three consumers say saving money brings them more happiness than spending it, according to a recent Financial Bliss survey from CIT Bank.1 However, if you are underwhelmed with the slow growth of your savings and tired of paying bank fees just to maintain your bank account, consider the new Savings Builder account from CIT Bank.

Savings Builder is a tiered-rate account that offers you two ways to earn the top rates on your savings. 

  • Make the most of your money. Open a Savings Builder account with $25,000 or more and earn the top tier Annual Percentage Yield (APY) on your money.
  • Build a habit of savings. If you don’t have $25,000 in your account, you can still earn the higher APY tier by continuously making a monthly deposit of $100 or more. Start with $100 per month and build your habit of saving—all the while getting a top rate.

Plus, all new accounts will earn the top APY as part of Savings Builder’s introductory offer. To maintain the top APY tier after the introductory period, meet the qualifications listed above. Visit the Savings Builder page to learn more about account qualifications, rules, and limitations.

In addition to competitive rates, Savings Builder features daily compounding interest without account opening or monthly service fees. You'll be able to build your savings without the everyday bank fees that undercut your earning potential.

Savings Builder is a smart choice when saving for:

  • Emergency and unexpected events. Whether it’s a job loss, pet expense, car or home repair, or medical issue, emergencies are most often the #1 reason people save.
  • New or next home. Grow your savings faster than at your everyday bank for your first—or next—dream home.
  • Retirement. Whether in or near retirement, a Savings Builder account offers you a top rate on your savings to help you get the most out of your retirement dollars.
  • Children’s expenses. Savings Builder is an ideal way to save for the costs related to raising children, which can add up to nearly $14,000 a year, not including other expenses such as braces, summer camp, and college tuition.2

Recognized by GOBankingRates, SmartAsset and more

CIT Bank is an award-winning online bank with national recognition by respected organizations, websites, and publications.3

  • GOBankingRates listed CIT Bank as one of its 10 best online banks for 2019.
  • The financial technology company SmartAsset included the CIT Bank Savings Builder account in its list of 2019’s Best Savings Accounts.
  • CIT Bank was included in MyBankTracker’s list of Best Savings accounts. Savings Builder was its 2019 pick in the Market Leading Savings Rate category.

CIT Bank is a smart choice for your savings

At CIT Bank, you’ll build your savings faster and easier than at your everyday bank. As part of CIT Group, a longstanding leader in small business lending and commercial financing, CIT Bank is backed by a legacy of financial expertise.

Start earning more with one of the best online high-interest savings accounts around. Open a Savings Builder account at CIT Bank today.

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