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CIT Bank Platinum Savings: Earn Up to Expired
4.95% APY*
CIT Bank our partner, offers the following benefits with their Platinum Savings account.
Thanks Staff Member EfficientGame645 for sharing this deal
Thanks Staff Member EfficientGame645 for sharing this deal
- Must have a minimum daily balance of $5000 to earn 4.95% APY
- 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 June 16, 2023
at 01:06 PM
CIT Bank our partner, offers the following benefits with their Platinum Savings account.
- Must have a minimum daily balance of $5000 to earn 4.95% APY
- No account opening or maintenance fees
- Daily compounding interest to maximize your earning potential
- FDIC insured
- *See site for details
in
Finance
CIT Bank
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168 Comments
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If you think the feds are going to start drastically cutting interest rates shortly, then is the time to get longer term CDs to lockin the current high rates.
I have been a CIT customer for a while. They have one of the fastest ACH deliveries (1-2 days) & have really high transfer limits (6 digit) where most other banks have quite low limits. This is their biggest unadvertised feature, I can reliably get/move my money fast. And their savings rates, tho not the highest like CFG, is quite competitive. They are my main go-to online savings bank.
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How do I enroll for 5.03%
Worst bank name ever.
Also, FWIW, the posted rate on my Platinum Savings still shows 4.736% APR (4.85% APY).
https://www.sipc.org/list-of-members/
Apex Clearing is webull
How could be possible someone stole your credential to transfer all your money? Even setup a external account take many days to finish.
Yes, CIT is using 2FA, I don't think any bank not using 2FA nowadays.
But there is still other risk than 2FA/MFA
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That is CIT way to screw up customer... chasing the rate or screwing up
This, the bank itself isn't bad but this is just annoying as a customer and I just leave my money at bask for 4.85% apy.
Unfortunately, we are unable to open an account for you at this time
Thank you for your recent application for a CIT Bank account. We regret to inform you that after a thorough review of your application, we have elected to not open a bank account for you at this time. Thank you for considering CIT Bank.
Yep, I am in the same boat as you.
Never had any issues with opening any financial accounts prior.
How do I enroll for 5.03%
There is no such thing. I believe the guy provides false information. It is a money market mutual fund to purchase. It is not sweep account
What does this mean if I open an account with $5100? Will:
1. The whole $5100 amount earn 4.95%? or...
2. $4999.99 earns 0.25% whereas only $100.01 earns at 4.95%?
I think the answer is 1. but can't really confirm this.
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What does this mean if I open an account with $5100? Will:
1. The whole $5100 amount earn 4.95%? or...
2. $4999.99 earns 0.25% whereas only $100.01 earns at 4.95%?
I think the answer is 1. but can't really confirm this.