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Review Counsel is affiliated with Mutual of Omaha Mortgage and Retirement Funding Solutions, and recommends them for their deep experience, customer service, and borrower reviews.

CIT Bank High-Yield Savings Review

Review Counsel Rating

4.5 | ★ ★ ★ ★ ★

About CIT Bank High-Yield Savings Review

CIT Bank High-Yield Savings Overview

CIT Bank has a wide breadth of product offerings with competitive Annual Percentage Yields (APY).

CIT Bank’s savings account options includes the following:

  • Platinum Savings (up to 4.75% APY)
  • Savings Connect (up to 4.50% APY)
  • Money Market (1.55% APY)
  • Savings Builder (1.00% APY)

CIT Bank also offers the following CDs:

  • Term CDs (Rates range from 0.30% to 4.60% APY)
  • No-Penalty 11-Month CD (4.80% APY)
  • Jumbo CDs (0.40% to 0.50% APY)
  • RampUp CDs (0.25% APY)

Please note that not all of the above account options are available to those opening new accounts. CIT Bank is a division of First Citizens Bank, which has been in the banking industry for more than 100 years.

CIT Bank High-Yield Savings Ratings and Reviews

Customer Review PlatformRatings
Better Business Bureau (BBB)A- Rating; 1.2/5 Stars with 27 Reviews
DepositAccounts2.5/5 Stars with 411 Reviews
Trustpilot2.0/5 Stars with 432 Reviews

If you have or had a high-yield savings account with CIT Bank, we would love to hear about it! Please leave a review below.

Our Methodology

We independently identify banks that offer high-yield savings accounts. The banks are evaluated based on six factors that we believe are important for consumers: years in business, monthly service fees, the annual percentage yield (APY), customer service availability, the number of savings products offered, Better Business Bureau (BBB) Ratings, and the inclusion of a mobile application and how much functionality it has. Please find a full description of our rating system here. 

This information is intended to be general and educational in nature and should not be construed as financial advice. Consult your financial advisor before implementing financial strategies for your retirement. 

Reviews last updated: 4/30/24. (Reviews are typically updated monthly.)

Ratings last updated: 4/3/24. (Ratings are typically updated quarterly.)

Address: CIT Bank, N.A. P.O. Box 7056, Pasadena, CA 91109-9699

Reviews for CIT Bank High-Yield Savings Review

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