RedditCIT Bank is a U.S.-based bank with over 100 years of history. It merged with First Citizens Bank in 2022. CIT Bank’s parent company, First Citizens BancShares Inc. (NASDAQ: FCNCA), is a top 20 U.S. financial institution with more than $100 billion in assets. CIT Bank offers industry-leading interest rates for savings accounts. CIT Bank provides FDIC (Federal Deposit Insurance Corporation) insurance on all bank accounts, which gives you insurance coverage to keep you free of any financial loss of up to 250,000 U.S. dollars.
- Open an eChecking account using code EC2025 and make a qualifying deposit and get up to $100.
- Earn 0.25%¹ APY with $25,000 minimum balance. For balances under $25,000, earn 0.10%¹ APY.
- Open your eChecking account with as little as $100.
- CIT Bank does not charge ATM fees. Get up to $30 in other bank's ATM fees reimbursed per month.
- Debit card with EMV chip technology.
- Deposit checks and make unlimited withdrawal and disbursements with the CIT Bank mobile app.
- 24/7 account access online and mobile, plus an automated telephone system.
- There are no fees to open your CIT Bank eChecking account.
Disclosures:
¹ The Annual Percentage Yields (APY) and interest rates are effective as of March 20, 2025. Fees may reduce earnings. Checking APYs and interest rates are variable and may change at any time without prior notice, including after account opening. The minimum opening deposit for eChecking is $100. See Fee Schedule and Agreement for Personal Accounts for details. To obtain the interest rate and APY disclosed, the minimum balance for the applicable balance tier must be maintained.
- Get 4.00%¹ APY with a balance of $5,000 or more
- Earn 9x the National Average APY on balances of $5,000 or more
- Your CIT Bank account is FDIC insured, which means it's secure
- CIT Bank's mobile app makes it easy to manage your account
- No account opening or monthly services fees, so you can keep what you earn.
- Opening a Platinum Savings account takes about five minutes on your computer or mobile phone
- CIT Bank is a division of First-Citizens Bank & Trust Company, a member of the Federal Deposit Insurance Corporation (FDIC), which means your deposit accounts are insured up to $250,000 per depositor, for each account ownership category.
Disclosures:
¹ Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. *APYs - Annual Percentage Yields are accurate as of June 12, 2025: 0.25% APY on balances of $0.01 to $4,999.99; 4.00% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
