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CIT Bank Platinum Savings: Earn Up to $300 Bonus After Deposit Transfer Requirements Expired

+34 Deal Score
109,995 Views
CIT Bank our partner, offers the following benefits with their Platinum Savings account. Use promo code PS2025.

New Customers: Deposit Transfer Requirements:
  • Transfer a one-time deposit of $25,000 -$49,999.99 for a Bonus of $225
  • Transfer a one-time deposit of $50,000+ for a Bonus of $300
  • Terms:
    • Promo Code: Account must be opened with a valid Promo Code within the Promotion Period.
    • Funding Period: 30 days from the account open date
    • Bonus fulfillment: 60-days from the funding date.
Details:
  • Must have a minimum daily balance of $5000 to earn 4.10% 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

Original Post

Written by
Edited May 29, 2025 at 10:28 AM by
CIT Bank our partner, offers the following benefits with their Platinum Savings account. Use promo code PS2025.

New Customers: Deposit Transfer Requirements:
  • Transfer a one-time deposit of $25,000 -$49,999.99 for a Bonus of $225
  • Transfer a one-time deposit of $50,000+ for a Bonus of $300
  • Terms:
    • Promo Code: Account must be opened with a valid Promo Code within the Promotion Period.
    • Funding Period: 30 days from the account open date
    • Bonus fulfillment: 60-days from the funding date.
Details:
  • Must have a minimum daily balance of $5000 to earn 4.10% 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
Created 02-27-2025 at 10:19 AM by EfficientGame645
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Deal
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+34
109,995 Views

177 Comments

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Featured Comments

Big initial deposit required, but banks paying 4.3% on savings typically do not pay sign-up bonuses. Getting both a good rate and SUB is nice, and unusual.

No direct deposit games - nice. Finally, a bank that doesn't care where the money comes from.

The risk here is that you have to keep $5k in for 60-90 days to get the 4.3%, but CIT can lower the rate in that timeframe. However, CIT has historically had good rates on this account for quite a while - not at the very top of what is available, but certainly within shooting distance of the top. I would expect them to remain competitive.
Live with parents.
No avocado toast. Saving for home, etc

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Joined Dec 2020
L3: Novice
> bubble2 252 Posts
phoshizzlez
03-25-2025 at 06:04 PM.
03-25-2025 at 06:04 PM.
Quote from calebrules1991 :
Just tried a transfer and got an offer at 4.5%/12 months. Odd thing is I had a similar offer doing the same thing from less than a year ago and I'm pretty sure the rate dropped.

Yea, the rate will drop along with the market, but the bump % will stay. Looks like Cit bank new rate is at 4.10%
Reply
Joined May 2012
L5: Journeyman
> bubble2 733 Posts
107 Reputation
morph2_7
03-25-2025 at 08:20 PM.
03-25-2025 at 08:20 PM.
Quote from diavolo33 :
I asked that earlier and didn't get a response, so I went ahead and applied with my credit frozen. No issues.
That's correct. My wife just signed up less than 2 months ago with her credit frozen. No problem. We didn't get sign up bonus though.
Reply
Joined Aug 2014
L2: Beginner
> bubble2 49 Posts
10 Reputation
jet987
03-25-2025 at 09:30 PM.
03-25-2025 at 09:30 PM.
I'm an existing CIT customer with more than $25k in their Platinum Savings. If I transfer $25k out of it to my other bank, then back into CIT and left it there during the 30-day funding period, would that qualify me for the $225 bonus?
Reply
Joined Feb 2010
L3: Novice
> bubble2 179 Posts
22 Reputation
chrisfsk
03-25-2025 at 10:13 PM.
03-25-2025 at 10:13 PM.
Quote from calebrules1991 :
Just tried a transfer and got an offer at 4.5%/12 months. Odd thing is I had a similar offer doing the same thing from less than a year ago and I'm pretty sure the rate dropped.
I tried to transfer $20k out but they didn't offer the higher rate to keep the funds. Did you go all the way to the balance transfer?
Reply
Joined Jul 2008
L3: Novice
> bubble2 273 Posts
199 Reputation
calebrules1991
03-25-2025 at 10:34 PM.
03-25-2025 at 10:34 PM.
Quote from chrisfsk :
I tried to transfer $20k out but they didn't offer the higher rate to keep the funds. Did you go all the way to the balance transfer?
It came up right after clicking the green "transfer'' button. Don't know if the amount matters what % they offer but I put more than half my balance.
Reply
Joined Aug 2010
L12: God
> bubble2 10,838 Posts
1,152 Reputation
J03
03-26-2025 at 07:31 AM.
03-26-2025 at 07:31 AM.
Boy this is awkward. I signed up, created a login, got all the way to the initial deposit screen and my laptop freezes and forcibly restarts. Now it says my username is already in use when I try to sign up again but it doesn't recognize my credentials when I try to log in. Weird thing is if I go to the CIT bank website directly and try the credentials it seems to recognize them but wants to do a 2 factor authentication with a phone number that doesn't exist. What in gods name...
1
Reply
Joined Mar 2011
L10: Grand Master
> bubble2 11,059 Posts
1,208 Reputation
gibsonbass
03-26-2025 at 04:30 PM.
03-26-2025 at 04:30 PM.
Quote from calebrules1991 :
It came up right after clicking the green "transfer'' button. Don't know if the amount matters what % they offer but I put more than half my balance.
Tried three times already but offer didn't pop up for me
Reply

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Joined Dec 2018
L3: Novice
> bubble2 475 Posts
116 Reputation
Zawi
03-27-2025 at 07:41 AM.
03-27-2025 at 07:41 AM.
Quote from jaderxiii :
do we need to keep the 50k in this account until the bonus hits? or just deposit and then we can take it out?
usually most of the bank required to keep that 50k for at least 3month+ in order to get the bonus
Reply
Joined Jun 2016
L3: Novice
> bubble2 167 Posts
30 Reputation
Ahdjeixn
03-27-2025 at 02:43 PM.
03-27-2025 at 02:43 PM.
Quote from gibsonbass :
Tried three times already but offer didn't pop up for me

Same here. Also interest dropped to 4%
1
Reply
Joined Dec 2018
Master of my Own Domain
> bubble2 2,151 Posts
374 Reputation
HonestMammoth473
03-29-2025 at 09:35 AM.
03-29-2025 at 09:35 AM.
Quote from jet987 :
I'm an existing CIT customer with more than $25k in their Platinum Savings. If I transfer $25k out of it to my other bank, then back into CIT and left it there during the 30-day funding period, would that qualify me for the $225 bonus?
Most likely.
Reply
Joined Nov 2016
L4: Apprentice
> bubble2 351 Posts
136 Reputation
TurboSri
03-30-2025 at 06:47 PM.
03-30-2025 at 06:47 PM.
Please note that you need to maintain the minimum required funds in your account, as of day 30 and no need to maintain it beyond that.

You'll get your bonus ~90 days after account opening and the bonus amount will be based on the total posted amount as of the 30th day.
Reply
Joined Jan 2009
PC Master Race
> bubble2 827 Posts
96 Reputation
Hkxyz
03-31-2025 at 11:24 AM.
03-31-2025 at 11:24 AM.
Quote from chrisfsk :
I tried to transfer $20k out but they didn't offer the higher rate to keep the funds. Did you go all the way to the balance transfer?
I just tried to transfer 15k and the offer popped up 4.10 to 4.50 APY

it even keeps popping up after I accept the offer too, cause I did still want to transfer the money for the $900 chase offer.

maybe keep trying different amounts or wait a couple days
Reply
Joined Jan 2006
> bubble2 12,436 Posts
21,028 Reputation
SLickCate
04-02-2025 at 04:33 PM.
04-02-2025 at 04:33 PM.
Quote from merlinx :
Applied and got a "More info needed will be contacted in 3-5 days" anyone else?
Quote from HilariousPear904 :
Same here.
Quote from SlimJimDanton1 :
I opened an account and transferred 50K and I got this email:

"You recently submitted an application for an account at CIT Bank (CITBank.com). In order to process your application, we need some additional information to confirm your identity. A CIT Bank agent will call or email you in the next 3-5 business days."

That was 4 days ago (incl weekend) so I guess I just have to wait to hear back from them at some point by end of week... annoying
How was this resolved for you? I just opened an account and all went fine until the end where I too received this message: We need some additional information to process your application
Reply
Joined Sep 2021
L2: Beginner
> bubble2 84 Posts
30 Reputation
SlimJimDanton1
04-02-2025 at 04:34 PM.
04-02-2025 at 04:34 PM.
Quote from SLickCate :
How was this resolved for you? I just opened an account and all went fine until the end where I too received this message: We need some additional information to process your application

They got back to me in a week saying my chexststems report was frozen. I called chex, they thawed it and my application went through
Reply

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Joined Jan 2006
> bubble2 12,436 Posts
21,028 Reputation
SLickCate
04-02-2025 at 04:36 PM.
04-02-2025 at 04:36 PM.
Quote from SlimJimDanton1 :
They got back to me in a week saying my chexststems report was frozen. I called chex, they thawed it and my application went through
Thanks for the reply, hopefully all will go fine with me. Haven't frozen anything on my end.
Reply
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