If you’re looking to open an outstanding interest bearing account, you’re looking at the right direction. Available nationwide, CIT Bank is offering you a 0.70% APY on your funds for opening a new CIT Bank Money Market Account. With a CIT Bank Money Market Account, you can earn a competitive interest rate and access your money easily. It’s an ideal online account for building an emergency fund or saving for a large purchase. Save smart and get more for your money today!
This account is one of the nation’s top rates— several times the national average. Higher rates than traditional banks. 24/7 Account Access. Secure banking features. FDIC insured. All it takes is a minimum opening deposit of $100 to open and earn daily compounding interest to maximize your earning potential – PLUS your funds are FDIC insured.
This limited time offer of a one-year Amazon Prime membership is available to Customers who open a new CIT Bank Money Market account.
Customers will receive a one-year Amazon Prime membership1 provided that the following three requirements are met:
- Open a new CIT Bank Money Market account and enter the promotion code “AMZN22” at the time of account opening.
- Deposit at least $15,000 to the account within the first 15 calendar days following account opening (the “Funding Period”). The $15,000 used to fund the account must come from a funding source outside of CIT Bank. Transfers from existing CIT Bank accounts will not qualify.
- Maintain an end-of-day account balance of at least $15,000 each of the 60 days following the end of the Funding Period. If the end-of-day balance falls below $15,000 at any time during this 60-day period, you will not qualify for the Amazon Prime membership offer.
There is a limit of one Money Market promotional offer per account and per customer. If multiple Money Market accounts are opened, only one account will be eligible. Custodial accounts are not eligible. This offer is non-transferable.
Customers meeting all of the above requirements will be sent an email with instructions on how to activate their one-year Amazon Prime membership. This instructional email will be sent to the email address on file for the primary account owner approximately 30 days after the end of 60-day period specified in requirement #3, above. The account must remain open for the instructional email to be sent.
IMPORTANT: All customers who qualify for the one-year Amazon Prime membership must redeem it no later than 03/23/2024. Customers who fail to redeem by this deadline will forfeit the one-year Amazon Prime membership from CIT Bank.
Note: information and access to the one-year Amazon Prime membership is provided in electronic form, via email. No paper certificates or gift cards are available.
In addition to the current rate from CIT Bank, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or BBVA Bank.
PROMOTIONAL LINK | OFFER | REVIEW |
CIT Bank Savings Connect | Up to 0.90% APY | Review |
CIT Bank Money Market | 0.70% APY + Amazon Prime Offer | Review |
CIT Bank Savings Builder | 0.55% APY | Review |
CIT Bank CDs | Up to 0.50% APY | Review |
CIT Bank No Penalty CD | 0.30% APY | Review |
Table of Contents
CIT Bank Money Market Account Summary
- Account Type: CIT Bank Money Market
- Availability: Nationwide
- Credit Inquiry: Soft Pull
- Credit Funding: Unknown
- Opening Deposit Requirement: $100
- Monthly Service Fee: None
- Early Termination Fees: None listed
CIT Bank Money Market Account – Application Link
CIT Bank Money Market Account: Open your account today and start earning interest on your funds!
CIT Bank Money Market Account Features
- $100 Minimum Opening Deposit
- No Fees to Open or Maintain
- Daily Compounding Interest
- 24/7 Secure Online Banking
- Higher rates than traditional banks
- 24/7 Account Access
- US-based Customer Service
- FDIC Insured
How To Open Money Market Account
How do you open your CIT Bank Money Market Account? It’s simple!
Opening an account is quick and easy. Make sure you have the following information handy:
- Social Security number
- Driver’s license or other valid state ID
- A check or your bank account routing and account numbers (from the account you’ll be using to fund your new account)
- Names and personal details (Social Security number, valid ID) of any joint account holders and/or designated beneficiaries
To ensure the safety and security of your funds, CIT Bank will make two “test” micro deposits to your designated funding account. The funding account must be a bank checking or savings account. CIT will then offset those micro deposits with a single withdrawal. Within three business days, you will receive an email with instructions on how to verify the deposit amounts made to your funding account. Once you have completed this step, CIT will let you know by email that your new account has been activated.
PLEASE NOTE: As soon as you verify the “test” micro deposits, we will immediately process the transaction to fund your new account.
Author’s Verdict
Turn your everyday savings into so much more. A CIT Bank Money Market Account helps you get more from your savings with interest rates for maximum growth, so if you’re looking for a phenomenal interest bearing account, definitely consider this one. Far better rate compared to your brick and mortar banks/credit unions.
See how CIT can help you reach your goals. Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank promotions and/or for more bank rates!
Is your rate tiered, and if so, what are the numbers. Are there any rate fluctuations that are date sensitive?