Did this coupon
work for you?
work for you?
Sorry, this deal has expired.
Get notified of deals like this in the future.
Add Deal Alert for this Item
Frontpage
CIT Bank 13-Month CD, Earn Expired
4.65% APY*
($1,000 Minimum Deposit)
CIT Bank offers 4.55% > now $4.65% APY* on 13-Month CD with a minimum $1,000 Deposit.
Thanks to staff member LD7 for finding this deal.
Features:
Thanks to staff member LD7 for finding this deal.
Features:
- No account opening or maintenance fees
- Daily compounding interest to maximize your earning potential
- FDIC insured
- *See site for details
Original Post
Written by
Edited November 14, 2022
at 11:37 AM
CIT Bank, our partner, offers the following benefits with their 13-Month Term CD.
- No account opening or maintenance fees
- Daily compounding interest to maximize your earning potential
- FDIC insured
- See site for details
in
Finance
CIT Bank
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Check Out Similar Finance Deals
View AllPopular
533 Comments
Your comment cannot be blank.
Featured Comments
$920 - ($920 x (25% + 9%)) = $607.2
You can use above example to plug in your real tax bracket percentages to get your own number. It's a bit difficult to show the calculation of interest on here but you can find interest calculator on web.
Sign up for a Slickdeals account to remove this ad.
You need to increase your risk when it comes to investing, with some of your money, not all of it. In this case, $20k wouldn't be all of mine.
Anyway, research companies on the upswing. Understand how their past quarter has been, and what the short-term future looks like. Play the earnings if you can stomach it.
Another great tactic I like is the ole basic buy low, sell high swing trade. No doubt every week or so the market will take a hit, especially with tech stocks. Wait for the market to take a dip, buy it, wait for it go up, and sell. Do to again. Be patient.
This post is over 7 months ago. Clearly SD gets paid to keep it up. I get the same rate with zero hold requirement just sitting in my fidelity account. This is a bad deal compared to other offers.
an alternative is to buy bills/notes directly w/ treasury. few bps lower but eliminates risk of lending to financial institution since govt can just print money for you.
Sign up for a Slickdeals account to remove this ad.
https://www.fdic.gov/resources/de...insurance/
In FDIC and US Treasury meeting raised these real concerns. Aka nearly bankrupt and poor finances in systemic risk. US Treasurer Yellen said to Congress she's is only willing to protect deposits in the top 5 largest banks and maybe banks with over $200B in assets. CIT isn't one of them with $100B assets. But First Citizen is $220B. Deposits are fleeing to large mega banks with safe harbor.
I did have a quick check on bankmindful.
Alot of these high yield banks are at risk like JUNO with bad reviews.
Tmobile checking has missing key info. like 5% yield for TM customers and tons of hoops.
Same with credit cards and credit unions. There's limited choices 5% cashback or bonus offers on frontpage
I avoid Wells Fargo, TD Bank with a history of shady practice, card fraud, and gov sanctions. Chase is mixed, some reports of them seizing funds and blocking access for months/years.
Had good luck with Ally, Fidelity, AMEX, M1/Batterment/Wealthfront, Credit Unions.
Ultimately the best yield is a self directed banking and roth IRA. 5% is still peanuts when real inflation tax is 10-20%. Good practice use at least 4 bank systems these todays including defi.
Sign up for a Slickdeals account to remove this ad.
In FDIC and US Treasury meeting raised these real concerns. Aka nearly bankrupt and poor finances in systemic risk. US Treasurer Yellen said to Congress she's is only willing to protect deposits in the top 5 largest banks and maybe banks with over $200B in assets. CIT isn't one of them with $100B assets. But First Citizen is $220B. Deposits are fleeing to large mega banks with safe harbor.