High Yield Savings

Get a 0.45% interest rate from the day the account is opened through the first Evaluation Day.


How you make money

Deposit your money into the high yield savings account and start earning 0.449% interest from the day the account is opened. The interest is compounded daily and there are no account opening or maintenance fees. To keep the 0.45% APY you must have a $100 recurring monthly deposit or have a balance of over $25,000.

How CIT makes money

There are no fees to use the CIT High Yield Savings Account. As a bank, CIT makes money through the interest they make on loans and other banking fees.


CIT Bank, N.A. is a member of the Federal Deposit Insurance Corporation (FDIC), which means your deposit accounts are insured up to $250,000 per depositor, for each account ownership category.

Things to know

  • You make money onInterest
  • Payout frequencyMonthly
  • LiquidityEasy
  • Fees0%
  • Term of investmentZero
  • Open toAll Investors


  • Country availabilityUS only
  • Established2000
  • Assets under managementUnknown
  • Mobile ApplicationIOS, Android

Investment Return Calculator

Calculate your estimated return to reach your investment goals.




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Any references to past performance, regarding financial markets or otherwise, do not indicate or guarantee future results.

Forward-looking statements, including without limitations investment outcomes and projections, are hypothetical and educational in nature. The results of any hypothetical projections can and may differ from actual investment results had the strategies been deployed in actual securities accounts.

Is it Safe?

Low risk

Minimum Investment


Target Return




Why Invest

  • Interest compounded daily
  • No account opening or maintenance fees
  • Deposit checks remotely and make transfers with the CIT Bank mobile app

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