CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
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Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
With the savings account, they might lower your interest rate next month. With the CD you are guaranteed 4.8%.
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
If you have more than 250k, forget about these small banks. You cant even sleep well putting money in them, then what's the point of earning interest??
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
I had a 5 year jumbo CD with CIT Bank and they changed my terms mid way through without my authorization. I asked them to break the CD without penalty which they refused. I filed a complaint with the...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Is it worth switching from discover savings 3.6%
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
There is no 4.75% in CIT savings account. I just checked there is only 4.5% rate in CIT not 4.75%
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
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.
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
I’ve had CIT for many years. I like them. I’ve never had any issue. Like others have said, they do come out with new products with better interest rates and the only way to get the better rate is...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Vanguards cash plus account is FDIC. 4.2%. they put the funds with various banks so up to roughly $1m is insured
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
4.8% CD (then tax on earning) or 4.37% mortgage principal payment?
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
I looked at VMFXX and yes, it's a good option. However, its yield fluctuates. It can go up or down.
From a quick search, in the last 12 months, the yield has gone up from 0.18% to 4.77%. It can go...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Cfg is giving 5.02% on their money market account.
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
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Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Ummm if you haven't heard lately, banks are collapsing. Interest rates will probably only go up another .25% and stay flat for a few quarters.
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
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Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
How does selling tbills at the treasury website works if I decide to sell before the term is up?
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Just be aware that money market funds are not FDIC insured. During the 2008 credit crisis, the Federal Government did step in and bail them out but it doesn't mean they'll do the same in the future....
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
nope, try harder.
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Wealthfront is currently 4.3%, you receive 0.5% rate boost for 3 months when you receive a referral or send a successful referral when account is open, but I believe the rate boost is limited to 6...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
I think the rate for the CDs are locked once you have them open. Savings account are the ones they change.
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
In such a situation, calling them might be the best option.
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
I had an account with CIT. They never updated my rate. Interest rates increased, but they kept me at a low rate. If you sign up, keep up with it.
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
I’ve had a few CIT savings account over the past several years. I say “a few” because, as others have said, they lowered the rate of my account in the past and either my wife or I would just open a...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
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Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
:nod: +1 to this. Same exact experience. Been happy with them overall. I too have had to open a new account to get the new higher rate, but it was super easy and hassle free. Customer support has...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
CIT is a division of First Citizens Bank and Trust Co.
Didn't First Citizens just acquire the assets of SVB?
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Daylight robbery...marcus gives 4.5 and its a SAVINGS account. I agree with the few above me.
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
CD threads aren't complete w/o you commenting on t-bills. I'm just glad you're no longer shorting Tesla, phew!
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Wow we got ourselves a cd defender here. Look out!
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
I don't think they can reduce a stated rate for a CD. But they can and do that for normal savings accounts. I have them and it drives me nuts to keep switching accounts. I persevere because they have...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
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,...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
True. I did some more research and decided to do VUSXX instead.
It has a slightly lower rate, but more safe @ 4.70%.
VUSXX are mostly treasury securities which is essentially the same as FDIC. ...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
That's not accurate at all. You could've saved yourself some embarrassment by double checking. Lol
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Not really, but still would prefer a highly rated bank if I'm going to open an account.
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Check out YouTube: https://youtu.be/PLI6ai7u0F4
This guy shows you how to buy t bills from various brokerages. The link above is an example for TD Ameritrade. He has a couple different ones.
...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Yes, this is why this CD is not a good deal unless we expect the interest rates to drop
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
That's temporary for a few months
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
https://www.treasurydirect.gov/ or your brokerage account
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
From the Ally No-Penalty CD thread
General summary of the comments in every HYSA or CD:
Someone mentions I-Bonds and how they have a higher interest rate - check
Someone mentions T-Bills and how...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
When determining citizenship, please choose if you are a current US Citizen or lawful permanent resident with authorization to live in the United States, such as a Green Card.
Unfortunately CIT Bank...
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Any current CIT Bank members have feedback about the bank and their support?
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
https://www.marcus.com/us/en/savings/high-yield-cds/10-mcd-promo
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Do you plan on using CIT for your primary banking needs?
CIT Bank 11 Month No-Penalty CD: Earn 4.80% APY*
Expired
Thread created 03-31-2023 by LD7
+37 Score
143 Replies
53,039 Views
Not fake news, I have a 4.75%. You need someone to refer you to get the extra 1.00%
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