CIT Bank is another bank where I maintain an ongoing relationship because they tend to offer competitive rates. They are one of those banks that likes to run unique promotions and/or start new types of accounts, and they have just launched a new product called
Here are the details:
- 4.40% APY on daily balances of $5,000 or more (as of 3/20/23).
- 0.25% APY on daily balances of less than $5,000 (as of 3/20/23).
- $100 minimum to open.
- No monthly fees. No minimum balance requirement.
- Member FDIC.
If you are also a CIT Bank customer, you should consider moving your funds from other CIT bank accounts into this one. Here is a
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