

AI ScoreAnalysis
78/ 100
- The 4.35% APY is competitive for a savings account, though not the absolute highest available from online banks currently.
- CIT Bank is a reputable online bank offering FDIC-insured accounts, providing security for deposits.
- Savings accounts are a standard financial product, generally offering lower returns than investments but higher liquidity.
- This is a good, but not exceptional, interest rate for a savings account in the current market.
- This is a solid option if you are looking for a competitive APY from a reputable online bank.
CIT Bank offers savings that's even more rewarding with rates, as of Jan 30, 2025 at 4.00% APY. Grow your savings into much more with a Savings Connect account from CIT Bank. No monthly service fees for a savings account.
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