

AI ScoreAnalysis
78/ 100
- The 4.35% APY is competitive based on current market rates for high-yield savings accounts, though not the absolute highest available.
- CIT Bank is a reputable online bank with a focus on savings products.
- This is a standard offering for a savings account, with the APY being the primary feature, available ongoing.
- Requires a $100 minimum to open and maintain to earn the stated APY, potentially deterring some.
- Recommend if you are looking for a competitive APY on a savings account and meet the minimum balance; otherwise, compare to other high-yield options.
Looking for a way to save instead of spend your money? Here's a great deal from CIT Bank! Earn 12x the national average on your savings with the Platinum Savings Account from CIT Bank. Your CIT Bank account is FDIC insured and they offer digital convenience via their mobile app to make it easy to manage your account. As of Jan 30, 2025, the current rate is 4.35% APY for balances of $5,000 or more or 0.25% with a balance of less than $5,000.
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