Available nationwide, you can earn competitive CD Rates on your funds when you open up a new CIT Bank Term Certificate of Deposit Account!
Update 7/14/24: Many terms have decreased. For better options, we recommend the Western Alliance Bank CDs and Ponce Bank CDs.
Annual Percentage Yield is accurate as of June 12, 2025. $1,000 minimum deposit is required to open the account. A penalty may be imposed for early withdrawal of principal, and any early withdrawal (principal or interest) will reduce earnings. Upon maturity, the 13-Month CD will be automatically renewed as a 1-Year Term CD at the then-published APY.
CIT Bank CD Account Information
- CD Terms:
- Availability: Nationwide
- Account Type: Certificate of Deposit (CD)
- Credit Inquiry: Soft Pull
- Credit Funding: Unknown
- Opening Deposit Requirement: $1,000 minimum
- Monthly Service Fee: None listed
- Early Termination Fees: A penalty will be imposed if you make a withdrawal of principal prior to the maturity date.
- Auto Renewal: Unknown, but more than likely.
Account Requirements
Earn a competitive APY on a new CD Account with CIT Bank today:
- Visit CIT Bank online and open a new CIT Bank Term Certificate of Deposit Account.
- Enter your info: Provide your first and last name, address, phone, email and social security number
- Select your term: Select a term of your choice.
- Fund your account: Make the minimum opening deposit.
- Verify Information: Verify information and electronically sign your application.
- Confirmation Email: They’ll send a confirmation email.
Avoid Monthly Fees
There are no monthly fees involved with this CD Account.
Author’s Verdict
CIT Bank’s CDs offers phenomenal CD Rates on your funds with ONLY a $1,000 initial deposit!
I’ll definitely be opening an account very soon and make the switch to earn a little more as a few of my CD Accounts are near maturity.
Be sure to check back on BankDealGuy for more bank deals and the best CD Rate Offers!
