CIT Bank Savings Builder Account

CIT Bank Savings Builder Account APY

	Interest Rate
$0 to <$25k	0.40% APY*
$0 to <$25k but with >$100 Monthly Deposit	1.00% APY
$25k & Above	1.00% APY

*APY assumes the account is opened on the 15th day of the month and no qualifying deposits of US$100 are made following account opening. Actual APY may be greater or less depending on the date the account is opened.

Receive 1.00% APY (Upper Tier) on your CIT Bank Savings Builder account when you

1. Maintain a balance of US$25,000 or more in your CIT Bank Savings Builder account OR

2. Making at least one monthly deposit of US$100 or more in your CIT Bank Savings Builder account

Receive 0.40% APY (Base Tier) on your CIT Bank Savings Builder account when you have a balance of less than US$25,000 and did not make at least one monthly deposit of US$100 or more in your CIT Bank Savings Builder account

US$100 minimum opening deposit (Not count as $100 monthly deposit)

No account opening or maintenance fees

Daily compounding interest, paid monthly

Limit of 6 transactions per statement cycle

Click here to go to CIT Bank website for more details

About CIT Bank

CIT Bank is the online division for CIT Group Inc, a financial holding company with over a century of experience in banking. CIT Bank (online division) does not have physical branches. Online banking is available via app or website for all customers.

CIT Bank can be contacted via mail or phone. Customers can reach CIT Bank customer contact center via phone on 855-462-2652 Weekdays from 9am to 9pm ET and Saturdays from 10am to 6pm ET

CIT Bank is a member of FDIC which covers the deposits of a depositor to up to US$250,000