CIT Bank, Earn Up to 5.05% APY
Update: Rates have gone up again, with Platinum Savings account now earning up to 4.95% APY. Here are the current Savings and CD rates from CIT Bank:
|Platinum Savings (OPEN NOW)||5.05% APY ($5K+ balance)|
|6-month Fixed Term CD (OPEN NOW)||5.00% APY ($1K+ balance)|
|11-month No Penalty CD (OPEN NOW)||4.90% APY ($1K+ balance)|
|13-month Fixed Term CD (OPEN NOW)||4.65% APY ($1K+ balance)|
|Savings Connect (OPEN NOW)||4.65% APY|
|18-month Fixed Term CD (OPEN NOW)||4.60% APY ($1K+ balance)|
CIT Bank, Member FDIC, currently offers some great rates on its Savings and CD accounts. Savings accounts earn as much as 4.75% APY and the CDs earn up to 5.00% APY if you’re willing to have your money tied up for 6 months. That’s one of the best rates around right now. But you can still do better with some other banks, and longer term CDs, with interest up to 5.75% APY.
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