- Limited Time Offer: Open your account using promo code CITBoost to get 4.10%* APY in the first 6 months with balances of $5,000 or more. After boost is completed, you will continue to earn 3.75%¹ APY on balances over $5,000.
- $100 minimum opening deposit.
- Earn 10x the National Average APY² on balances of $5,000 or more during the first 6 months
- 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.
- For complete list of account details and fees, see our Personal Account disclosures.
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 January 9, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% 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.
² Based on comparison to the national average Annual Percentage Yield (APY) on savings accounts as published in the FDIC National Rates and Rate Caps, accurate as of February 17, 2026.
* Platinum Savings APY Boost Promotion Terms and Conditions
This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria.
Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.35% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate.
