APY
Up to 4.10% With $5,000 min. balance for APY
Bonus
0.35% APY Boost Earn up to 4.10% APY for 6 months on balances of $5,000 or more. Terms apply.
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High-Yield Savings
Boost your savings with CIT Platinum Savings
Up to 4.10% APY for 6 months on min. balance of $5,000
Learn More
at CIT Bank, Member FDIC
Why CIT Bank Platinum Savings
- Competitive rates Earn an annual percentage yield (APY) that's 10x the national savings average.
- No monthly service fees No monthly service fees, so you can keep what you earn.
- Quick to open Set up your account online in minutes. No branch visit needed.
- FDIC insured Your deposits are protected up to federal limits.
Up to 4.10% Annual Percentage Yield (APY) is accurate as of July 2026. This promotional APY includes a 0.35% APY rate boost applied to CIT Bank's standard baseline rate of 3.75% APY, and applies for 6 months on a minimum balance of $5,000; after the promotional period, the account reverts to the then-current standard variable baseline APY. Rates are variable and may change after the account is opened. Fees may reduce earnings on the account. The national average savings rate is reported by the FDIC and updated monthly; it is accurate as of July 20, 2026. Rates, fees, and account terms are set by CIT Bank and subject to its approval. NerdWallet maintains editorial independence; advertisers do not influence our ratings or recommendations.