CIT Bank Savings Account 2.15% APY
CIT Bank is offering a 2.15% APY on its Savings Builder Account. The rate is a very competitive one for large balances, and requirements to get it are pretty easy. Let’s check the details.
Earn 2.15 APY with a CIT BANK Savings Builder Account if you fulfill ONE of the following requirements:
- Account must have an end-of-day balance of at least $25,000 on the Evaluation Day OR
- Account must have at least one deposit of $100 or more that posts to the account during the Evaluation Period
As an added bonus everyone will receive 2.15% to start but after that first full month they will need to meet one of the qualifying actions.
This process will occur every month. If you miss the monthly deposit and you’ll drop down to 1.14% APY for the following month but it’s easy to get back up to the higher rate. Just make that single $100 or more deposit before the next month is over and you’ll return to the higher rate.
Offer Page (affiliate link)
Bank rates have been going up lately, so we should expect more similar deals in the near future. There’s many banks out there that regularly offer 1.9-2% APY on Savings and Money Market accounts. 2.15% is one of the better offers for large balances and you can open an account with just $100.
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.