Update: This deal is still available.
CIT Bank our partner, offers the following benefits with their Platinum Savings account.
- Must have a minimum daily balance of $5000 to earn 5.05% -> now 5.00% APY
- No account opening or maintenance fees
- Daily compounding interest to maximize your earning potential
- FDIC insured
- *See site for details
Slickdeals may be compensated by CIT Bank
679 Comments
Your comment cannot be blank.
Featured Comments
UPDATE: As of 06 NOV 23, the app on Android has been updated and reflects a top tier online banking experience. Very happy with the improvements that have been made.
Sign up for a Slickdeals account to remove this ad.
7 day SEC yield
5.28% as of 05/24/2024
https://investor.vangua
VMRXX sounds good. I think SWVXX from Schwab is similar. How are the dividends from these funds taxed? That is, can they be treated as Qualified dividend if I meet the holding rules? Or are they always Non-qualified? Qualified dividends have significantly lower tax rates.
Might be going through same thing now too. First time applying. But got the need more information email after submitting application.
I wonder if they check chexsystems and are inquiry sensitive. I have it frozen so maybe it's that.
For discussion purposes, if you consider FDIC insured accounts as zero (or ultra-low) risk, then these money market funds (FIGXX, SWVXX) will be a notch higher on the risk ladder since it's possible to lose one's principal.
https://www.investopedi
Sign up for a Slickdeals account to remove this ad.
The issue isn't widespread but many users like myself are still experiencing it even after reinstalling the app.
I wonder if they check chexsystems and are inquiry sensitive. I have it frozen so maybe it's that.
If my interest rate is 4.879 - am i supposed to get $487+ instead of just $420?
Please note my April balance is also 101K. So i've had 101k balance for the whole month of May.
Sorry, I think i figured it out already. Interest rate of 4.897 is annual not monthly.
Here are the exact amounts :
4/30/2024 - Beginning balance : $101, 283.98
5/31/2024 - interest credit : $420.81
APY : 5.02
interest bearing days : 31
Sign up for a Slickdeals account to remove this ad.
Thanks. Will do.