Axos Bank is a technology-driven financial services company providing a diverse range of innovative banking products and services for personal, business, and institutional clients nationwide. Axos Bank brings together human insight and digital expertise to anticipate and meet customers' needs. With a broad and ever-growing range of financial products and services, including checking, savings, CDs, money market, lending, and retirement, Axos specializes in convenience and customization.
CIT Bank's Savings Builder is one of the best online savings accounts available in the U.S. market. It offers 1.25% annual yield, which currently ranks among the highest in the nation. To be eligible for the 1.25% high yield savings, you need to either make a deposit of at least $100 each month or maintain an account balance of $25,000. This savings account is designed to be friendly to working families, because most working adults can set up employer payroll to receive paycheck funds via direct deposit to meet the eligibility requirements.
CIT Bank is a U.S.-based bank with over 100 years of history. It has approximately $50 billion in assets and more than $30 billion of deposits. It is a public company listed on the New York Stock Exchange. CIT Bank offers high-yield savings and CD accounts. New customers in any part of the United States can open and then manage their CIT Bank savings accounts online. Deposits and withdrawals can be managed via inter-bank electronic transfers, checks, or wire transfers. CIT Bank provides FDIC (Federal Deposit Insurance Corporation) insurance on all bank accounts.
How to grow your savings in the era of low interest? To build your wealth, you should consider CIT Bank's high-interest banking offerings such as 1.25% APY Savings Builder accounts. The 1.25% APY Savings Builder Account is a tiered interest rate account with two flexible options to qualify for higher interest rate of 1.25%. You can choose what works best for you to build up savings.