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Is CIT Bank a good alternative to traditional banking?

CIT Bank offers a few savings account products, an online checking account, and other personal and business banking products and services. Overall, CIT Bank is a great alternative to traditional banking. Its rates are competitive enough while offering flexibility and multiple solutions to fit most people’s banking needs.

Which CIT Bank Savings Account offers APY?

CIT Bank Savings Connect is a high-yield savings account that currently offers 4.65% APY with a $100 minimum opening deposit requirement and no monthly service fee. There’s also the CIT Bank Platinum Savings, another high-yield savings account.

Which Cit savings account is right for You?

Regardless of whether you choose CIT Savings Builder, CIT Savings Connect or CIT Platinum Savings, a CIT savings account is well suited for building an emergency fund or other savings goal, like a vacation fund or saving for a new car. Another account option is CIT Bank Money Market Account, which earns 1.55% APY.

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