CIT Bank Savings Account, 2.45% APY with $100 Monthly Deposit OR $25K Balance

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CIT Bank Savings Account 2.45% APY

CIT Bank is offering a 2.45% 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.

The Offer

Earn 2.45 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 2.45% 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)


CIT increases rates every 3-6 months.  It is usually in small increments but it ends up being for new customers only.  You can sign up for a new account each year at the higher rate and just transfer over but that is a hassle some won’t want to deal with.  This is still a very competitive offer but we wanted you to know.


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. 2.45% is one of the better offers for large balances and there are not many that give this rate with such simple terms.

The responses below are not provided or commissioned by any advertiser or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by any advertiser. It is not any advertiser's responsibility to ensure all posts and/or questions are answered.



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