Take advantage of the current CIT Bank bonuses, promotions and offers here.
Available to residents nationwide, CIT Bank is offering a generous $150 or $300 Bonus + 1.85% APY when you open a new Bank Savings Builder Account with a opening deposit of $100.
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CIT Bank Savings Builder Summary
 With the CIT Bank Savings Builders account: • Earn a $150 or $300 bonus with the CIT Bank Savings Builder account • Earn a top tier, competitive APY on your money—one of the top savings rates in the nation. Earn 1.85% APY on your funds - grow your savings faster. • Build a habit of savings. Pay yourself first. Start with $100 per month and build your habit of savings-—all while getting a top rate. |
CIT Bank Savings Builder Account Information
CIT Bank offers two ways to earn this generous rate — either have a monthly deposit of $100 OR maintain a balance of $25,000 to qualify for the high rate. CIT Bank has a range of account features for you to take advantage of such as no monthly fees, transferable funds, as well as instant access to your account anytime and anywhere! If you are interested, be sure to apply as soon as you can. If you’re interested, you can look at other ongoing CIT Bank Offers.
- Promotional Link:
- Account Type: Bank Savings Builder Account
- Availability: Nationwide (Bank Locator)
- Expiration Date: December 31, 2019
- Soft/Hard Pull: Soft Pull
- Minimum Balance Requirement: $100
- Direct Deposit Requirement: None
- Monthly Fee: None
- Additional Requirements: $100 monthly deposits OR $25k balance
- Early Withdrawal Fee: There is a fee if you withdraw before the maturity date.
- Auto-Renewal: None
Rate Requirements
- Submit your info. You’ll need to provide your address, phone, email and social security number (or other taxpayer ID).
- Fund your account. Minimum of $100 to open your account. You can transfer funds with electronic transfer, mail in check, or wire.
- You’re done! CIT Bank will send a confirmation email.
How To Earn the $150 or $300 Bonus
New Customers
- Open a Savings Builder account with a minimum of $100 and enter the promo code, Bonus19 by December 31, 2019.
- Fund your account within 15 calendar days of the open date to meet one of the following balance requirements.
- $25,000 to $49,999 for a $150 bonus
- $50,000+ for a $300 bonus.
- Maintain the minimum balance requirement for the desired bonus for 90 calendar days.
Current Customers
- Enroll utilizing the link or banner above by December 31, 2019.
- Add funds within 15 calendar days of your enrollment with new money from an external financial institution to meet one of the following deposit requirements.
- $25,000 to $49,999 for a $150 bonus
- $50,000+ for a $300 bonus.
- No maximum balance
- Enjoy no monthly fees
- Easy to transfer via bank transfers, mobile deposit, wire transfer or check
- Access your account anytime, anywhere
- FDIC insured of up to $250,000
- There are no monthly fees
- Savings Builder is a tiered interest rate account.
- To qualify for the Tiered Boost:
- Tier Boost – Make at least one monthly 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
- Tier Boost – Make at least one monthly deposit of $100 or more during the first Evaluation
- The minimum opening balance does not qualify to earn the higher APY tier.
- Tier levels are subject to change without notice.
- Interest rates and Annual Percentage Yields (APYs) are variable and may change without notice.
- Minimum to open account is $100.
- Fees could reduce earnings on the account.
- All funds deposited to qualify for bonus eligibility must be new funds.
- Funds already on deposit with CIT Bank, N.A. are ineligible.
- 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.
How to Earn CIT Bank Rates
| Tier | Balance Requirement | APY |
| Base | $0 – $25,000 | 1.17% |
| Upper | $0 – $25,000, but with monthly deposit of $100 or more | 1.85% |
| Upper | $25,000+ | 1.85% |
Base APY assumes the account is opened on the 15th day of the month and no qualifying deposits of $100 are made following account opening. Actual APY may be greater or less depending on the date the account is opened. See site for details.
Conclusion
With CIT Bank, you will be able to take advantage of the highly competitive 1.85% APY rate along with a $150 or $300 bonus with a minimum opening deposit of $100 on the Savings Builder account. What’s great about this bonus is that they offer two ways for you to be eligible for their promotional APY rate, either maintain a $25,000 balance OR simply have a monthly deposit of $100.
The Bank Savings Builder Account comes with a range of features for you to take advantage of. If you are not currently interested, then be sure to see our complete list of the Best Bank Rates for all your banking needs!
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos UFB High Yield Savings and CIT Bank Savings Builder accounts offer great rates available nationwide. The Discover Online Savings and Chase SavingsSM account have nice sign-up bonuses. |
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| PROMOTIONAL LINK | RATE | REVIEW |
| Discover Bank Online Savings | 1.70% APY + $200 Cash | Review |
| CIT Bank Savings Builder | 1.85% APY + $150/$300 Cash | Review |
| UFB Direct High Yield Savings | 2.00% APY | Review |
| Simple | 2.15% APY | Review |
| American Express High Yield Savings | 1.75% APY | Review |
| BONUS LINK | OFFER | REVIEW |
| Chase SapphireSM Checking | $1,000 Cash | Review |
| Chase Private Client | $2,000 Cash | Review |
| Chase Total Business Checking® | $200 Cash | Review |
| Chase Premier Plus CheckingSM | $300 Cash | Review |
| Chase Total Checking® + Chase SavingsSM | $350 Cash | Review |
| Discover Bank Online Savings | $200 Cash | Review |
| Discover Cashback Debit | $360 Cash | Review |
| Chase College CheckingSM | $100 Cash | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience CheckingSM | $150 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $750 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $200 Cash | Review |
| CIT Bank Savings Builder | $300 Cash | Review |
