CIT Bank's CD Rates and Financial Information
CIT Bank Main Address and Contact Information
2180 South 1300 East, Suite 250
Salt Lake City, Utah 84106
CIT Bank FDIC Certification Number
Rating: (4 out of 5)100
Notes: Received Five-Star BauerFinancial Star Rating(TM). Member FDIC.
CIT Bank CD Rates
Rates Updated: 07/21/2017
Articles Related to CIT Bank
CIT Bank - $100 Cash Bonus for Opening a Premier Savings Account
CIT Bank, an online bank, is offering a limited time $100 cash bonus for opening a Premier High Yield Savings Account. CIT Bank, already known for consistently offering one of the best savings rates available, definitely upped the ante with the $100 cash bonus.
You usually see cash deals like this on transactional accounts (e.g. checking accounts) because banks make money on these accounts by charging fees. It will be interesting to see if any of the other online banks start offering a cash bonus on a savings or money market account.
CIT Bank's savings rate on this account is tiered with higher account balances earning 5 basis points less. Account balances below $100,000 earn a rate of 1.30 percent and balances over earn a rate of 1.25 percent.
To get the $100 bonus deal you can't just go CIT Bank's website and open an account. In fact, if you go to CIT Bank's website under Premier High Yield Savings Account you won't even see a mention of the deal. The deal was featured in one of their Google ads. When you open an account you have to use the promo code, "Premier" to get the $100 bonus.
CIT Bank Premier High Yield Savings Account Details
Listed below are all the details on CIT Bank's account.
CIT Bank $100 Cash Bonus Details
Listed below are all the details on the $100 cash bonus.
CIT Bank earns a 4 out of 5 star rating. You can see the rating, view more rates, and see a financial overview of CIT Bank on MonitorBankRates' bank review section: CIT Bank
Best 1 Year CD Rates April 5, 2017
CD rates continue to move higher this week. We look for the trend of higher CD rates to continue in 2017 as long as there isn't a recession. The Fed is expected to increase the federal funds rate at least two more times this year, which will put more upward pressure on CD rates.
This week, the best 1 year CD rate in the database is now at 1.49 percent with an APY of 1.50 percent. A couple of weeks ago, the top 1 year CD rate was 5 basis points less.
The current national average 1 year CD rate also moved higher this week over last. The current national average 1 year CD rate is at 1.26 percent, up from last week's average of 1.30 percent.
Listed below is top ten 1 year CD rates currently available.
Top Ten 1 Year CD Rates
You can view a list of CD rates for all CD terms at MonitorBankRates.com.Read more...
CD Rates Report: 1 Year CD Rates as of January 14, 2017
Listed below is a current CD rates report for 1 year certificates of deposit as of January 14, 2017.
Current 1 Year CD Rates
For a list of today's 1 year CD rates in our database go to MontiorBankRates.com.Read more...
Highest Deposit Rates November 27, 2016
Variable deposit rates continue to inch slowly higher this week. The best savings rate available is at 1.25 percent with a yield of 1.26 percent. The best money market account rate available is slightly lower at 1.24 percent with a yield of 1.25 percent.
Listed below are the best savings rates and money market rates available in our database for November 27, 2016.
Best Savings Rates
Best Money Market Account Rates
Best Variable Deposit Rates October 12, 2016
Variable deposit rates have been slowly creeping up for the past several months. The interest rate increases have been small; in increments of less than 10 basis points for the most part. Even with the small increases, the best variable deposit rates are almost comparable to best the 1 year CD rates.
The best savings rate on our rate database is at 1.25 percent with an APY of 1.26 percent from Popular Direct. This savings rate is only 4 basis points lower than the top 1 year CD rate in our database at 1.29 percent with a yield of 1.30 percent. The highest money market yield on our list is 5 basis point lower at 1.24 percent with a yield of 1.25 percent.
Listed below are today's current highest savings rates and money market rates
Highest Savings Rates
Highest Money Market Rates
To view a current list of savings account rates and money market account rates search our database at SavingsAccount.MonitorBankRates.com.Read more...
CIT Bank 1 Year CD Rates now at 1.21%
CIT Bank 1 Year CD rates are now at 1.21 percent with a yield of 1.22 percent. View current 1 Year CD rates at CIT Bank below. Read more...
1.35% APY - New Highest 1 Year CD Rate in our Database
We have a new best 1 year CD rate in our database. Colorado Federal Savings Bank recently increased their 1 year rate and now has the highest 1 year CD rate at 1.34 percent with a yield of 1.35 percent. Connexus Credit Union had the top 1 year rate at 1.32 percent with a yield of 1.33 percent. You can view a complete list of 1 year CD rates in our database below.
Current 1 Year CD Rates
CIT Bank CD Rates Lowered
CIT Bank CD rates were lowered this week on 5 year and 2 year certificates of deposit. Despite the recent decreases, the bank's rates are still very competitive. Rates were lowered on CIT Bank's regular, jumbo, IRA, and jumbo IRA CD accounts. You can compare these new rates with other CD rates at banks by searching the rate database at MonitorBankRates.com.
3/1/16 - Best Variable Deposit Rates
Listed below are the best variable deposit rates for March 1, 2016. For a list of today's deposit rates search our database of rates at Deposit Rates.
Best Money Market Account Rates
Best Savings Account Rates
Top Deposit Rates for February 24, 2016
Listed below are the top online savings rates and money market rates for 2/24/16.
Top Online Savings Account Rates
Money Market Account Rates
To see variable deposit rates from many banks and credit unions search our rate table at Deposit Rates.Read more...
Compare CIT Bank's CD Rates With Other Bank Rates Below
CIT Bank Financials