Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Sorry, this deal has expired. Get notified of deals like this in the future. Add Deal Alert for this Item
Frontpage

CIT Bank 11 Month No-Penalty CD: Earn Expired

4.80% APY*
+37 Deal Score
49,363 Views
CIT Bank, our partner, offers the following benefits with their No-Penalty CD.

Thanks to staff member LD7 for finding this deal.
  • $1,000 minimum to open
  • No penalty to access funds if needed before maturity
  • No opening or maintenance fees
  • Daily compounding interest to maximize your earning potential
  • Member FDIC
  • *See site for details
Slickdeals may be compensated by CIT Bank
  • Deal Image
Deal Image
See Deal

Original Post

Written by
Edited May 9, 2023 at 08:28 AM by
Add Comment
Reply
Created 03-31-2023 at 01:30 PM by LD7 | Staff
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 All
$10 Amazon promo credit from Amex Blue cash preferred YMMV
9 7
[Amex Offer] Melia Hotels International $100 Back on $500+ Spend on Room Rates in Select US & Global Locations YMMV **Add Offer** Use By October 31, 2025
3 2
Saily: 5% Off All eSim Plans + Up to 5% Cashback in Credits
1 2
Frontpage
Select Amazon Accounts: Add American Express Card as a Payment Method, Get $15 Off $15.01+
$15 Off $15.01+
176 80
Popular
[Amex Offer] Hotels.com 8% Back on $90+ Pay Now Spend YMMV **Add Offer** - Use by October 14, 2025
5 8
Amazon Business: open an account, get 40% off your first purchase (up to $100 total discount)
2 0
Deal
Score +37
49,363 Views
4.80% APY*

142 Comments

View Forum Thread
678910

Your comment cannot be blank.

Featured Comments

CIT is a division of First Citizens Bank and Trust Co.
Didn't First Citizens just acquire the assets of SVB?
·
4.80% is good for a no-penalty CD.
For a normal CD, Marcus is offering a 10-month 5.05%.
CIT also has a savings account for 4.75% if you put in more than $5k. Keep in mind that CIT is notorious for creating new savings products with higher rates and reducing the rates of old ones without telling you.
·
Ally needs to match this. They just lowered theirs to 4.35% from 4.75%.
·

Sign up for a Slickdeals account to remove this ad.

Joined Jul 2009
L5: Journeyman
> bubble2 851 Posts
49 Reputation
C47V3770
04-17-2023 at 03:27 PM.
04-17-2023 at 03:27 PM.
Quote from unami218 :
Just confirming - I've opened multiple bank accounts over the last year for checking account bonuses, and NONE of them have affected my credit.

Granted, this is a CD and not a checking account, but it's still not a line of credit - you're giving them money - so it won't affect your score.
Thanks, I figured it wouldn't be an issue since like you said, I'm giving them money. Do you know if I can have two CDs under the same account?
Reply
Joined Dec 2016
New User
> bubble2 13 Posts
14 Reputation
Jazzyjaz12
04-25-2023 at 09:56 AM.
04-25-2023 at 09:56 AM.
This CIT no penalty CD or Marcus 5% for 10 mo CD better?
Reply
Joined Jul 2009
L5: Journeyman
> bubble2 851 Posts
49 Reputation
C47V3770
04-26-2023 at 06:38 PM.
04-26-2023 at 06:38 PM.
Quote from Jazzyjaz12 :
This CIT no penalty CD or Marcus 5% for 10 mo CD better?
To me, CIT is better because you aren't' locked in for 10 months and it's just a 0.2% difference between the two.
Reply
Joined Jun 2019
L5: Journeyman
> bubble2 804 Posts
30 Reputation
BillG7
04-28-2023 at 10:59 AM.
04-28-2023 at 10:59 AM.
Quote from C47V3770 :
To me, CIT is better because you aren't' locked in for 10 months and it's just a 0.2% difference between the two.
the Marcus ball sachz is 5.15% I believe, but for 10 months. I already did the 4.8% no penalty, but im thinking of throwing a small amount into the sachz account as well.
Reply
Joined Oct 2008
L7: Teacher
> bubble2 2,390 Posts
65 Reputation
NoSleep007
05-08-2023 at 07:55 PM.
05-08-2023 at 07:55 PM.
Anyone feels comfortable with opening bank accounts during this time of uncertainty
Reply
Joined Jan 2007
L7: Teacher
> bubble2 2,127 Posts
1,138 Reputation
Pro
psychojinx
05-09-2023 at 06:17 AM.
05-09-2023 at 06:17 AM.
This CIT Bank 11-month No penalty CD just increased to 4.90%.

was 4.80%....now 4.90%
Reply
Joined Nov 2006
L3: Novice
> bubble2 156 Posts
110 Reputation
dbcmeplease
05-09-2023 at 07:17 AM.
05-09-2023 at 07:17 AM.
Quote from psychojinx :
This CIT Bank 11-month No penalty CD just increased to 4.90%.

was 4.80%....now 4.90%

Thumbs up. Good for people currently in a no penalty cd to open a new account at the higher rate (assuming 7 days have passed from original account opening)
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Nov 2011
L5: Journeyman
> bubble2 666 Posts
206 Reputation
garfieldatorlando
05-09-2023 at 07:30 AM.
05-09-2023 at 07:30 AM.
Marcus has regular saving account at 5.15% for at least 3months through referral, or 5.25% if you have aarp membership. No minimal and lock in. Isn't it better than this offering?
Reply
Joined Jan 2007
L7: Teacher
> bubble2 2,127 Posts
1,138 Reputation
Pro
psychojinx
05-09-2023 at 08:42 AM.
05-09-2023 at 08:42 AM.
Quote from garfieldatorlando :
Marcus has regular saving account at 5.15% for at least 3months through referral, or 5.25% if you have aarp membership. No minimal and lock in. Isn't it better than this offering?
The interest rate on that savings account can fluctuate and change at any time to something less and for no real reason. And believe me, it will. CD's lock in your interest rate.
Reply
Page 10 of 10
678910
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.

Sorry, this deal has expired.

Deal Alerts

Add a Deal Alert for No-Penalty CD|"Certificate of Deposit" and get notified of deals like this in the future.
Deal Alert Created Visit your Deal Alerts page to view your new alert.
Activate Your Account Your account needs to be activated to add Deal Alerts.
Click the link in the activation email you received when you signed up, and we'll add
this Deal Alert to your account.
Email Sent We resent your account activation email to
Turn on Deal Alert Email Notifications Your Deal Alert email notification setting is turned off.
Turn it back on to add this Deal Alert.