Why Choose CIT Bank
Top 50 U.S. online bank with FDIC insurance up to $250,000
Security
FDIC insured up to $250,000 per depositor
Simplicity
Open in 10 minutes with just $100
Returns
Rates higher than national average
Rewards
Boost rates with $100 monthly deposits
Efficiency
Manage everything online or mobile
Accessibility
$30/month ATM fee reimbursements
Explore CIT Bank Products
There is an infinite number of online banks to select from. And it might be difficult to determine which bank is the greatest for your needs because, with almost every online bank providing comparable features — such as mobile check deposits, credit cards, CDs, and savings accounts — finding the right one may be tough.
CIT Bank is a worthy competitor, and are they currently running some lucrative offers for new users.
CIT Bank promo codes and promotions are available nationwide online with some of the highest interest rates available. Remember, all of these high-interest rate accounts have a very low minimum requirement of only $100!
CIT Bank Promotions
CIT Bank’s products are perfect for preparing for unexpected emergencies, growing funds for a down-payment on a dream home, saving up for a loved one’s future, or anything in between.
And with stocks so high right now, it’s the time the perfect time to sell some investments and open a high-earning account.
CIT Bank No-Penalty CD: 3.75% APY
CIT Bank’s No Penalty CD gives you the best of both worlds: the locked-in security of a CD and the freedom to access your money early without losing a single dollar of interest. You lock in a strong 3.75 percent APY for eleven months and still keep the option to withdraw your full balance plus earned interest starting just seven days after funding. No surprises and no penalties.
This offer stands out because it is one of the strongest no-penalty CD rates available right now and takes only $1,000 to open. There are no monthly fees, setup is fast, and your money is fully FDIC insured. Interest compounds daily so every dollar works harder for you the entire term.
If you want a safe place to grow your money with the flexibility to pull it out at any point, this is one of the best deals you can grab today.
Reach your savings goals faster with the CIT Bank No-Penalty CD. Security and flexibility with access to funds. $1,000 minimum opening deposit.
CIT Bank Term CDs: Up to 3.25% APY
CIT Bank CDs provide a safe, secure way to grow your savings. Choose from a selection of CD rates and terms to help you stay on target for your savings goals.
Highlights
- There is a minimum deposit of $1,000 to open a CIT Bank High Yield Certificate of Deposit.
- The CD account has no monthly maintenance fees and it comes with free online banking.
- Your money is FDIC insured and the interest is compounded daily to maximize your earning potential.
CIT Bank CDs provide a safe, secure way to grow your savings. Choose from a selection of CD rates and terms to help you stay on target for your savings goals.
Related: 9 Best 12-Month CD Rates
Other Bank Bonuses to Consider
Best checking bonus: $400
Editor's Choice
$75 bonus, no fees, no minimums
$75 Bonus
Up to $425 cash bonus + 4.00% APY boost for 6 months
Up to $425 Bonus
CIT Bank Reviews
I'm “over the moon” with their interest rates, so what's not to love. With a very minimal deposit you get a great rate. Customer service is also good; easily accessible to get a human who can help you.
Posted by: Joanna D.
CIT Bank is a bank that is advertised as being a great bank. My personal experience with this bank says otherwise. You can, of course, set up standard accounts with them as well as a couple of special investing accounts. As far as bank security goes, that is another story. I got a phone call from the bank one day asking if someone withdrew a large amount of cash out of my account. I, of course, told them no because I was home. Apparently, someone was able to get into the bank's system and pull the required information to withdraw money from my account along with many other accounts. They did manage to recover my money but it took them months to do so. Afterwards, I ended my account with them and moved onto another bank. Overall, the bank got the job done but it could have been done better.
Posted by: Bettie R.
Here are just some of the things CIT Bank has to offer its customers:
Why Choose CIT Bank
Top 50 U.S. online bank with FDIC insurance up to $250,000
Security
FDIC insured up to $250,000 per depositor
Simplicity
Open in 10 minutes with just $100
Returns
Rates higher than national average
Rewards
Boost rates with $100 monthly deposits
Efficiency
Manage everything online or mobile
Accessibility
$30/month ATM fee reimbursements
Explore CIT Bank Products
About CIT Bank
Through their nationwide direct bank, CIT Bank offers consumers competitive deposit products to advance their savings strategies, including a range of CDs, a high-yield savings product and IRAs. CIT Bank has been recognized by personal finance sources including MyBankTracker, NerdWallet, and GOBankingRates for its products that drive value for banking customers.
CIT Bank provides a comprehensive suite of banking products designed to help you maximize your personal finances. Their product lineup includes High Yield Savings accounts for building emergency funds, Money Market accounts for higher balance customers, Certificates of Deposit (CDs) with competitive fixed rates, and Custodial Accounts for saving on behalf of minors. Each product is built around the same core principle: delivering above-average returns without the monthly fees that traditional banks charge.
As a direct bank backed by First Citizens Bank, CIT combines the security of FDIC insurance with the efficiency of online banking. This means higher interest rates for you since they don't have the overhead costs of physical branches. Whether you're just starting to save or looking to diversify your cash holdings across different account types, CIT Bank offers the tools and competitive rates to help your money grow faster.
Come check back soon as we will regularly update this post whenever CIT Bank has new promotions!
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