CIT Bank: Platinum Savings Review & APY Rate
At a Glance: CIT Bank currently offers 4.70% APY on its Platinum Savings. It requires a minimum deposit of $5,000, charges $0 monthly maintenance fees, and is FDIC insured.
Account Specifications
| Feature | Value |
|---|---|
| Bank / Institution | CIT Bank |
| Annual Percentage Yield (APY) | 4.70% |
| Minimum Opening Deposit | $5,000 |
| Monthly Maintenance Fee | $0 |
| Compounding Frequency | Daily |
| FDIC Insurance Status | ✅ FDIC Insured (up to $250,000) |