Did this coupon
work for you?
work for you?
Frontpage
CIT Bank Platinum Savings: Earn Up to
5.00% APY*
Update: This deal is still available.
CIT Bank our partner, offers the following benefits with their Platinum Savings account.
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
Original Post
Written by
Edited July 27, 2023
at 07:11 PM
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% APY
- No account opening or maintenance fees
- Daily compounding interest to maximize your earning potential
- FDIC insured
- *See site for details
Created 07-27-2023
at 09:27 AM
by EfficientGame645 | Staff
in
Financial Tools & Services
(6)
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Community Wiki
Last Edited by Punishark
May 11, 2024
at
03:22 PM
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 May 12, 2024:
0.25% APY on balances of $0.01 to $4,999.99;
5.00% 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.
APYs — Annual Percentage Yields are accurate as of May 12, 2024:
0.25% APY on balances of $0.01 to $4,999.99;
5.00% 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.
Recommended Deal Alerts For You
What are Deal Alerts?
Want more deals like this?
Create a deal alert for Financial Tools & Services.
Add Deal Alert
More Finance Deals & Discounts
View AllFrontpage
$20 Statement Credit
(Limit of up to 3 Credits, up to $60)
86
73
Frontpage
20¢ Off Per Gallon
& More (Valid through 6/23/24)
86
130
Popular
Frontpage
$10 Back
via Statement Credit (up to 2x)
43
79
Frontpage
547 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.
While CIT was great in terms of quickly receiving transfers in and accruing interest, when it came time to close the account, remove my personal information, etc... they dragged their feet and were not as helpful. I found it very difficult to fully close the account when contacting their CS Team; I had to reach out 3 separate instances before it was enacted.
In terms of removing personal information from their company, I live in CA. I have rights to receive a copy of personal information and have it deleted at my discretion. I've contacted CIT Bank 4 times now, and always receive the same information. "We're working on it, you should have received mail confirmation of the activities by this point.. we'll resend to your mailing address on file".
Based on my experience with the difficulty of closing account, and the now 6-month ongoing process of trying to get my personal information from their institution... my advice is just keep these things in mind if you plan to close your account after a period of time in the future.
I mean is it THAT serious? Every other financial institution you've used probably have the same data on hand
I never understood why some banks can do a large ach transfer limit while others can't.
My question is why does CITBank requires $5000 for this savings account? While other banks that have 5% don't.
Which one?
Sign up for a Slickdeals account to remove this ad.
Quite a few. Don't go through back, go through brokerage account. Any broker has CDs and rates there are significantly higher than any bank branch.
5.3 is about what I got a few weeks back for 30 day CD. You can pick other duration.
Sure it's FDIC insured but do you really want to go through the hassle!?
So far I like their site, which it's easy to navigate and they offer MFA.
If anyone needs a referral link, ping me.
Thanks!
5.3 is about what I got a few weeks back for 30 day CD. You can pick other duration.
Sign up for a Slickdeals account to remove this ad.