CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
Just signed up today and got approved right away.
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
When Fidelity was telling me the about what it shows as the interest rate they said that's already taking into account the fees. I'll have to double check with them on that again though. Hmm, if it...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
The current FZDXX 7-day yield of 4.91% accounts for the expense ratio.
The same tax advantages are in play when you use FZDXX, FDRXX, or SPAXX as your core position in a retirement account. ...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
Are you sure? it won't combine? after a month, you would get 100.40 and this amount will be used for the next month?
Formula should be APY = (1+r/n)^n - 1, where r is the return rate and n the...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
can you buy SPAXX or FZDXX with Fidelity Bloom Save/Spend account?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
I wanted to be sure myself. I started a chat with them today and they confirmed the 7-day yield on SPAXX was after expenses.
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
I may try them out and get rid of this POS CIT bank.
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
Currently with Discover and they are so slow updating their APY. It's currently at 3.90%.
Worth moving to CIT at this point?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
Not a big deal. Longer holds on new accounts is understandable---fraud potential, etc.
And it's a savings account, to park money in and earn interest. Not a checking account where you continually...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
Tons of bad reviews on them though from what I saw after doing some digging. CITBank is at least a part of CITIBank, so they are more likely to be reputable.
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
Meh, have had them several months and haven't had any issues. They've been around for a couple decades. It's an online savings account, there's not much to expect from it. Throw money in it and...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
I have one of those for my son. They're also super easy to work with.
I do prefer Ally though for the simple reason that I also have a checking account there. If I needed to access my savings...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
No capital gain.
You buy at, as an example, $4957.25; and then get get $5000 when the T-Bill matures. The difference is the interest.
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
I have yet to see a better deal than the 13 week T-Bill for rates and access. You get the highest available rates, your money under any circumstance is available (and in fact dumped right back into...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
you mean 3 days? not 3 months?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
Perhaps civil unrest?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
I should have been clearer. The 13 week T-Bills mature in three months, so it's not like you have to face any kind of penalty like you would on many of the CDs that banks offer, nor is there any...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
Upgrade offering the same rate I think. How does CIT compare? And does anyone know if they let you add beneficiaries/ joint owner?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
ive learned that a bank will reject you even if you dont owe any bank or have a good credit score. i had a bank account for less than a year and apparantly that flagged me on some systems, i gotr...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
I have a platinum savings account and my interest rate shows 4.736%. What gives?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
is this as easy as marcus when linking accounts?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
They are not tax free. They are state tax free. Big difference. Not every state has state income tax.
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
LOL. You will go on a soup line to get food. The feds will run off with your money. You will have to go to Washington to demand it in person.
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
This CIT account is 4.85% with minimum balance of $5000, or 0.25% below $5000.
The other CIT account is 4.60% on any balance.
Thankfully, UFB direct is still paying 5.02% on my existing account. ...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
My dude, that is literally not the definition of “bankruptcy”
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
CIT Bank products are only open to US Citizens and Permanent Residents
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
While you’re correct, there are cases now where they’re bailing out deposits over 250k as well. How long before the FDIC money dries up?
It could be the case that the government decides to just...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
The Savings Builder account has a limit of six (6) pre-authorized or automatic transfers or withdrawals, electronic banking transfers to other accounts or similar per statement cycle.
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
Don't be worried with the debt ceiling talk. Get your 1 - 3 months T-bill while they're hot. US Gov will cut services first before defaulting on their loans. At worst, your payments will be delayed....
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
I have American Express savings. Their interest is only 3.65, so ill be moving my money to CIT. Also, they don’t have an APP for savings account. Otherwise no issues.
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
whats their transfer limit per day/month if any ?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
What is the advantage of doing that over locking in a specific rate with a CD for x number of months (like 9-12 months)?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
There are a few advantages to buying 4-week T-bills at auction over buying a CD for 9 or more months:
Liquidity: T-bills are very liquid investments, which means that they can be easily bought and...
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
Hope my bank bumps the hys rate soon or may have to switch banks
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
What do you do when the 4 weeks are up?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
I buy them on a Wednesday on TD and Schwab through auction so i can ladder the 4 weeks.
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
What happens to treasury bills if they don't raise the debt limit?
CIT Bank Platinum Savings: Earn Up to 4.85% APY*
Expired
Thread created 05-09-2023 by EfficientGame645
+51 Score
274 Replies
92,550 Views
From website from fdic insurance perspective this isn’t true. IMO FDIC opinion is the important one.
CIT Bank is a division of First-Citizens Bank & Trust Company, a member of the Federal...
Page 1 of
8
1
2
3
4
5