CIT Bank Bonuses: Up to 4.00% Platinum Savings, Savings Connect, CD Rates, $750 Bonus

Find the latest CIT Bank Bonuses, promotions, offers and rates here.

Update 7/4/25: There’s currently an up to $750 Self-Directed Investing account bonus and $100 eChecking bonus available for a limited time. The Platinum Savings rate has decreased to 4.00% APY (from 4.10%) and Savings Connect rate has decreased to 3.90% APY (from 4.00%). I personally have the the CIT Bank Platinum Savings, a great account to keep; overall a great HUB account.

About CIT Bank Bonuses

CIT Bank offers competitive rates, no account opening or maintenance fees, occasional bonuses, and daily compounding of interest to maximize earning potential.

The wide variety of accounts from CIT Bank allows you to be in total control of your account while being a part of one of the nation’s most trusted financial institution.

I’ll review the latest CIT Bank bonuses, rates, and offers below.

CIT Bank Platinum Savings 4.00% APY 

• What you’ll get: 4.00% APY Rate
• Credit inquiry: Soft pull, which does not affect your credit
• Where it’s available: Online Nationwide
• Monthly fee: None
• How to earn it:
  • Open the CIT Bank Platinum Savings Account.
  • Enter your info. Securely provide your address, phone number, email and Social Security number (or other taxpayer ID).
  • Fund your account. Open an account with a minimum of $100. You can transfer funds with an electronic transfer, mail-in check or wire.
  • And you’re done. That’s all there is to it. We’ll send an email confirming you have successfully opened your account.
  • Earn 4.00% APY on n balances of $5,000 or more.

(Visit CIT Bank to learn more)

Account Features

• Competitive rates
• Secure. Your CIT Bank account is FDIC insured, which means it’s secure.
• Digital convenience. CIT Bank’s mobile app makes it easy to manage your account.
• No monthly service fees. No account opening or monthly services fees, so you can keep what you earn.

CIT Bank Savings Connect 3.90% APY

• What you’ll get: 3.90% APY Rate
• Credit inquiry: Soft pull, which does not affect your credit
• Where it’s available: Online Nationwide
• Monthly fee: None
• How to earn it:
  • 1. Simply open a Savings Connect account.
    • The minimum opening deposit for each account is $100.
  • 3. Earn 3.90% APY.

(Visit CIT Bank to learn more)

Account Features

• Earn More: Earn many times the national average with a Savings Connect account.
• Competitive Rate. Get a competitive rate on your Savings Connect account
• Easy Access. Access your accounts 24/7 online and on the mobile app
• Easy Deposits. Deposit checks remotely and make transfers easily with the CIT Bank mobile app.
• No monthly service fees.
• FDIC insured.

Fine Print

• The minimum to open a Savings Connect account is $100.
• Fees could reduce earnings on the account.

CIT Bank 11-Month No Penalty CD 3.50% APY

• What you’ll get: 3.50% APY Rate
• Credit inquiry: Soft pull, which does not affect your credit
• Where it’s available: Online Nationwide
• Monthly fee: There are no monthly fees with this account
• How to earn it:
  • Go onto the CIT Bank No Penalty CD promotion page.
  • Open a CIT Bank No-Penalty CD and fund your account.
  • To earn the APY Rate, select  the 11th month term.

(Visit CIT Bank to learn more)

Account Features

• No penalty to access funds if needed before maturity
• No opening or maintenance fees
• Daily compounding interest to maximize your earning potential
• FDIC insured
• No monthly fees with this account

Fine Print

• Interest Rates for the Money Market Account are variable and may change at any time without prior notice.
• Fees will reduce earnings.

CIT Bank CD Rates

With only $1,000 account opening deposit you can open a CD with CIT Bank. Additionally, you get to enjoy no maintenance fees, daily compounding interest to maximize your earning potential.

• What you’ll get:
  • 3.50% APY 13-Month Term CD
  • 3.00% APY 6-Month Term CD
• Credit inquiry: Soft pull, which does not affect your credit
• Where it’s available: Online Nationwide
• Monthly fee: There are no monthly fees with this account
• Account Details:
  • $1,000 minimum to open
  • No account opening or maintenance fees
  • Daily compounding interest to maximize your earning potential
  • FDIC insured
• How to earn rate:
  • You will need the standard information, including your SSN, drivers license, the account information of the bank you wish to link to your CIT account, and similar information. The minimum deposit for CDs is $1,000 for the no penalty CD.
    • Select the CD term on CIT Bank’s website of your choice.
    • Complete your application.
    • Review and accept the terms and conditions.
    • Set up a few security questions.
    • Fund the new account (You can transfer money into CIT through an ACH transfer)

Rate Tiers

Account Features

• No penalty to access funds if needed before maturity
• No opening or maintenance fees
• Daily compounding interest to maximize your earning potential
• FDIC insured
• No monthly fees with this account

Fine Print

• No account opening or maintenance fees
• Daily compounding interest to maximize your earning potential
• The exceptions to this are the 13-Month CD and the 18-Month CDs:
  • Upon maturity, the 18-Month CD will be automatically renewed as a 2-Year Term CD at the then-published APY
  • Upon maturity, the 13-Month CD will be automatically renewed as a 1-Year Term CD at the then-published APY
• FDIC insured

CIT Bank eChecking $100 Bonus

• What you’ll get: $100 bonus
• Where it’s available: Online Nationwide
• Credit inquiry: Soft pull, which does not affect your credit
• Monthly fee: There are no monthly fees with this account
• How to earn it:
  • New customers must open an eChecking account using promo code EC2025
  • New customers must deposit at least $1,000 for a $50 bonus, or at least a minimum of $2,500 for a $100 bonus into the enrolled eChecking account within the first 30 calendar days following account opening.
  • CIT Bank will deposit the qualifying bonus into the customer’s enrolled account within 60-days following the 30-day funding period.
  • The enrolled eChecking account must be open at the time of the bonus payment to qualify.

(Visit CIT Bank to learn more)

Fine Print

• This limited time offer to qualify for a $50 cash bonus with a minimum deposit of $1,000 or a $100 bonus with a minimum deposit of $2,500 is available to New and Existing Customers who meet the eChecking promotion criteria. The Promotion begins on May 28, 2025 and can end at any time without notice.
• Customers will receive a $50 or a $100 bonus provided that the program requirements are met
• There is a limit of one eChecking promotional offer per account and per Primary customer. If multiple eChecking accounts are opened, only one account per primary account owner is eligible.
• Custodial accounts and Trust Accounts are not eligible.
• This offer is non-transferable.
• IMPORTANT: All customers who qualify for the $50 or $100 bonus offer will receive the bonus in the enrolled eChecking account within 60 days after the 30-day funding period.

CIT Bank Self-Directed Investing $750 Bonus

• What you’ll get: Up to $750 bonus
• Where it’s available: Online Nationwide
• Credit inquiry: Soft pull, which does not affect your credit
• Monthly fee: There are no monthly fees with this account
• How to earn it:
  • Open a First Citizens Self-Directed Investing account (SDIA) with the initial funding deposit to earn the corresponding bonus with new funds not on deposit with CIT Bank.
  • You can open an SDIA account for a minimum of $100 but will need to open the account with at least $1,000 to qualify for the bonus of $25.
    • Get $25 bonus when you deposit $1,000-$4,999
    • Get $50 bonus when you deposit $5,000-$9,999
    • Get $100 bonus when you deposit $10,000-$49,999
    • Get $200 bonus when you deposit $50,000-$99,999
    • Get $350 bonus when you deposit $100,000-$249,999
    • Get $750 bonus when you deposit $250,000+
  • The opening deposit amount in the Self-Directed Investing account must be maintained for a 60-day qualifying period from account open date in order to qualify for the bonus. Any losses or gains due to trading or market fluctuation will not be taken into consideration when calculating the qualifying deposit amount.
  • CIT Bank will deposit the qualifying bonus into the customer’s CIT Bank Savings or eChecking account within 30 days following the 60-day qualifying period.

(Visit CIT Bank to learn more)

Fine Print

• Limited-time offer. One bonus per CIT Bank customer. If multiple Self-Directing Investing accounts are opened by a customer, only one account will be eligible for the bonus. Offer is non-transferable. The Promotion begins on December 12, 2024 and can end at any time without notice. Offer valid when a CIT Bank customer with an existing savings or eChecking account opens a new Self-Directed Investing account offered through First Citizens Wealth after December 12, 2024 and provided that the following requirements are met
• The SDIA initial opening deposit must be maintained for a 60-day qualifying period from account open date in order to qualify for the bonus. Any losses or gains due to trading or market fluctuation will not be taken into consideration when calculating the qualifying deposit amount.
• CIT Bank will deposit the qualifying bonus into the customer’s Savings or eChecking account within 30 days following the 60-day qualifying period.
• The bonus for which the customer qualifies will be deposited to the customer’s CIT Bank savings or eChecking account within 30 days of fulfilling the promotion requirements in the SDIA account. If a customer has more than one CIT Bank savings or eChecking account, CIT Bank will choose the account in which to deposit the bonus.
• Customer will be deemed ineligible for a bonus payment if the SDIA is not initially funded with an amount to qualify for the bonus, the qualifying deposit is withdrawn or the account is closed prior to the end of the 60-day qualifying period. The CIT Bank savings or eChecking account must also be opened at the time of the bonus payment in order to qualify.
• Bonus payments are reported as interest earned on IRS form 1099-INT for the calendar year in which it was paid. Recipient is responsible for any applicable taxes.

CIT Bank Money Market 1.55% APY 

CIT Bank is offering a generous rate when you open a new CIT Bank Money Market account.

With a low-minimum opening deposit of $100, you will not only receive an industry leading rate, but you will have access to all the great features and services the bank has to offer.

• Credit inquiry: Soft pull, which does not affect your credit
• Where it’s available: Online Nationwide
• Monthly fee: There are no monthly fees with this account
• How to earn rate:
  • Open a CIT Bank Money Market account online with $100 opening deposit
  • Input your info – Provide your name, address, phone, email and social security number or Tax ID.
  • Fund the account – Fund your account with $100 minimum initial deposit

The account is ideal for those wanting to build an emergency fund or trying to save up for a large purchase in the near future. Pay yourself first, all while getting a top rate.

Account Features

• Type of an account eligible for People Pay – You will need the have a Money Market account to use the People Pay service
• Set up recurring payments – You may schedule payments for specific amounts and frequencies, including: weekly, biweekly, monthly, bimonthly, quarterly, semi-annually or annually
• People Pay Usage outside of U.S – You may pay bills from outside the U.S. if you are using a compatible browser. Payments may only be made in U.S. currency to payees within the United States
• For a joint membership in People Pay – Both account holders must be signers on a Money Market account. Each account holder needs a unique username and password to access People Pay. People Pay activity for both account holders can be viewed under Account Services in Online Banking
• People Pay work through Pay Pal – You must enroll in the Pay Pal service. There may be a fee charged by Pay Pal for their People Pay service. The CIT Bank People Pay service is offered free of charge
• Non-sufficient or unavailable funds – If you accidentally schedule a payment and have unavailable funds,
  your account will be charged a non-sufficient or unavailable funds fee of $30. Additional scheduled payments will be suspended until the matter is resolved with People Pay. For more information, please call the Contact Center at 855-462-2652
• Customer Support – For People Pay inquiries, please call the Contact Center at 855-462-2652 or send them a Secure Message via Online Banking

Fine Print

• Interest Rates for the Money Market Account are variable and may change at any time without prior notice.
• Fees will reduce earnings.

CIT Bank Savings Builder 1.00% APY

CIT Bank is offering a generous rate when you open Savings Builder account. With a low-minimum opening deposit of $100, you will earn a top tier, competitive APY on your money — one of the top savings rates in the nation.

• Credit inquiry: Soft pull, which does not affect your credit
• Where it’s available: Online Nationwide
• Monthly fee: There are no monthly fees with this account
• How to earn rate:
  • Maintain at least a $25,000 balance OR make at least a $100 each month to earn the highest rate.
  • The higher interest rate can be earned by completing one of following requirements:
    • Monthly Savers:
      • Make at least one single deposit of $100 or more during the first Evaluation Period which begins on the third business day prior to the end of the month the account was opened.
      • Additional deposits made between the account opening date and the beginning of the first Evaluation Period will not qualify.
      • In order to continue to earn the higher rate, make at least one single deposit of $100 every month.
    • High Balance Savers:
      • Have an account balance of $25,000 or more on each Evaluation Day. The Evaluation day is the fourth business day prior to the end of the month.

Grow your savings faster and build a habit of savings with the CIT Savings Builder account. Pay yourself first, all while getting a top rate.

Account Features

• Make the most of your money. Online savings banks offer much higher rates than everyday banks. Open an account with $25,000 or more and earn a top tier, competitive APY on your money—one of the top savings rates in the nation.
• Build a habit of savings. If you don’t have $25,000 in your account, you can still earn the higher APY Tier by making a monthly $100 or more deposit. Pay yourself first. Start with $100 per month and build your habit of savings-—all while getting a top rate.
• Emergencies and unexpected events. Whether it’s for a job loss, pet expense, car or home repair, or medical issue, it’s most often the #1 reason people save.
• New or next home. Grow your savings faster than at your everyday bank for your first—or next dream home.

Fine Print

• On each Evaluation Day the interest rate applicable for the next Evaluation Period will be determined.
• Accounts with an end-of-day balance of at least $25,000 on the Evaluation Day or with at least one deposit of $100 or more that posts to the account during the Evaluation Period will earn the Upper Tier interest rate during the next Evaluation Period.
• Accounts with an end-of-day balance less than $25,000 on an Evaluation Day without a deposit of $100 or more that posts to the account during the Evaluation Period will earn the Base Tier interest rate for the next Evaluation Period.
• This process will occur every month.
• Customer must maintain the required minimum balance for 30 calendar days (the “Review Period”) after the end of the Funding Period.
• Bonus will be credited to the account 1-5 business days after the end of the Funding Period.
• A hold will be placed on the bonus amount during the applicable Review Period plus 7 calendar days.
• Bonus payments are reported as interest earned on IRS form 1099-INT for the calendar year in which it was paid.
• Recipient is responsible for any applicable taxes.

Conclusion

If you are interested in a CIT Bank CD, Money Market, Savings account or bonuses, there is an opportunity for you to earn generous APY Rates.

All you need to do is meet all the necessary requirements for each account and the features and benefits could be yours!

For more than 100 years, CIT Group Inc. has helped drive innovation as a leader in their communities and now, they’re putting their expertise towards you and your banking needs. If you would like to be a part of this great financial institution, I recommend you open a new account and take advantage of these CIT Bank promotions, competitive rates, and bonuses to start your new online banking experience.

*For those wanting to stay updated on all of the bank bonuses, you can find them all on one convenient table from BankCheckingSavings!

Check back for more of the latest CIT Bank bonuses, offers, and promotions.