Currently, CIT Bank is offering a $225 or $300 bonus + 3.85% APY Rate when opening their Platinum Savings Account. This offer is available nationwide.
Update 10/3/25: You can currently earn a competitive rate along with a $225 or $300 bonus after meeting the requirements. This account is a great hub account for push/pull transfers on top of offering a competitive rate!
- Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. *APYs — Annual Percentage Yields are accurate as of September 23, 2025: 0.25% APY on balances of $0.01 to $4,999.99; 3.85% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
- Based on comparison to the national average Annual Percentage Yield (APY) on savings accounts as published in the FDIC National Rates and Rate Caps, accurate as of September 15, 2025.
CIT Bank Platinum Savings $225 or $300 Bonus
Open a CIT Bank Platinum Savings account and get up to $300 bonus. Enter promo code PS2025 at opening. $100 minimum opening deposit.
How to earn bonus:
- Boost your savings when you open a new Platinum Savings account with the promo code PS2025.
- New customers must open a Platinum Savings account with a valid Promo Code, “PS2025.” The Platinum Savings account Bonus Promo Code will appear on the online account opening enrollment web page. The Promo Code must be used at the time of account opening. Accounts opened during the program period without the Promo Code are ineligible to receive the bonus.
- New customers must deposit at least $25,000 for a $225 bonus, or at least a minimum of $50,000 for a $300 bonus into the enrolled Platinum Savings account within the first 30 calendar days following account opening (the “Funding Period”). The single or multiple deposit(s) of $25,000 or $50,000 or more used to fund the account must come from a funding source outside of CIT Bank.
- Transfers from existing CIT Bank accounts will not qualify. Funds already on deposit with CIT Bank are ineligible.
- The enrolled Platinum Savings account must be open at the time of the bonus payment to qualify.
- CIT Bank will deposit the qualifying bonus into the customer’s enrolled account within 60days following the 30-day funding period.
Terms:
- *Promotion Disclosures This limited-time offer to qualify for a $225 cash bonus with a minimum deposit of $25,000 or a $300 bonus with a minimum deposit of $50,000 is available to New and Existing Customers who meet the Platinum Savings promotion criteria. The Promotion begins on September 23, 2025, and can end at any time without notice.
- Customers will receive a $225 or a $300 bonus provided that the program requirements are met. Click here to see promotion details and terms.
About CIT Bank Platinum Savings
CIT Bank, a division of First Citizens Bank, is a top-10 online bank built on the heritage of First Citizen Bank’s experience.
As an online-only bank, the CIT Bank Platinum Savings account offers an annual percentage yield (APY) that far outshines the national average.
If you’re looking for an account that offers a highly competitive rate with no monthly service fees, we’ll help you decide if this savings account is the right fit for you.
I’ll review the CIT Bank Platinum Savings account below.
CIT Bank Platinum Savings Rate
- Eligible account: CIT Bank Platinum Savings account
- Credit inquiry: Soft Pull
- Where it’s available: Nationwide
- Opening Deposit: $100
- Monthly fee: There are no monthly service fees
- Early Termination Fee: None listed
(FDIC Insured)
How to Earn the CIT Bank Rate
- 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 3.85% APY on n balances of $5,000 or more.
| Balance Requirement | APY Rate |
| $5,000+ | 3.85% |
| Less than $5,000 | 0.25% |
Account Benefits
- 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.
Conclusion
Now, when you open a an account, you’ll be able to earn a competitive rate on your funds!
Just be sure that you follow the instructions on how to open your accounts and start maximizing your funds immediately.
However, if these rates don’t appeal to you, check out other bank rates and bank bonuses. For more, see our list of the latest promotions from CIT Bank.
Some popular bank offers include U.S. Bank, Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
If you have experience with CIT Bank, feel free to comment below and tell our readers about how the experience went!
