Available nationwide, CIT Bank is offering you a $225 or $300 bonus + 3.85% APY when you open a Platinum Savings account.
Update 10/14/25: You can currently earn a competitive rate along with a $225 or $300 bonus after meeting the requirements. Not only do you earn a competitive rate, this account is a great hub account for push/pull transfers.
The Platinum Savings account from CIT Bank may be an ideal banking option for many depositors since it has no maintenance or ATM fees and a number of benefits.
- Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. *APYs — Annual Percentage Yields are accurate as of September 23, 2025: 0.25% APY on balances of $0.01 to $4,999.99; 3.85% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
- Based on comparison to the national average Annual Percentage Yield (APY) on savings accounts as published in the FDIC National Rates and Rate Caps, accurate as of September 15, 2025.
- For complete list of account details and fees, see our Personal Account disclosures.
CIT Bank Platinum Savings $225 or $300 Bonus
Open a CIT Bank Platinum Savings account and get up to $300 bonus. Enter promo code PS2025 at opening. $100 minimum opening deposit.
How to earn bonus:
- Boost your savings when you open a new Platinum Savings account with the promo code PS2025.
- New customers must open a Platinum Savings account with a valid Promo Code, “PS2025.” The Platinum Savings account Bonus Promo Code will appear on the online account opening enrollment web page. The Promo Code must be used at the time of account opening. Accounts opened during the program period without the Promo Code are ineligible to receive the bonus.
- New customers must deposit at least $25,000 for a $225 bonus, or at least a minimum of $50,000 for a $300 bonus into the enrolled Platinum Savings account within the first 30 calendar days following account opening (the “Funding Period”). The single or multiple deposit(s) of $25,000 or $50,000 or more used to fund the account must come from a funding source outside of CIT Bank.
- Transfers from existing CIT Bank accounts will not qualify. Funds already on deposit with CIT Bank are ineligible.
- The enrolled Platinum Savings account must be open at the time of the bonus payment to qualify.
- CIT Bank will deposit the qualifying bonus into the customer’s enrolled account within 60days following the 30-day funding period.
Terms:
- *Promotion Disclosures This limited-time offer to qualify for a $225 cash bonus with a minimum deposit of $25,000 or a $300 bonus with a minimum deposit of $50,000 is available to New and Existing Customers who meet the Platinum Savings promotion criteria. The Promotion begins on September 23, 2025, and can end at any time without notice.
- Customers will receive a $225 or a $300 bonus provided that the program requirements are met. Click here to see promotion details and terms.
About CIT Bank Platinum Savings
CIT Bank, a division of First Citizens Bank, is a top-10 online bank built on the heritage of First Citizen Bank’s experience.
CIT Platinum Savings is a digital savings account that is FDIC-insured. Using the mobile app from CIT, you can easily manage your savings account.
The software allows for the digital deposit of checks into your account.
CIT Bank Platinum Savings Account
Here is your opportunity to earn a competitive rate on your funds. Open a new account and start earning interest and get started today!
- Rate Offer: 3.85% APY Rate
- Availability: Nationwide
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Soft Pull
- Credit Funding: Unknown
- Opening Deposit: $100
- Monthly Service Fee: None
- Early Termination Fee: None listed
(Visit CIT Bank to learn more)
| Balance Requirement | APY Rate |
| $5,000+ | 3.85% |
| Less than $5,000 | 0.25% |
CIT Bank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | 1 day | $2M | No limit | None |
| Pull | 1 day | $2M | No limit | None |
How To Earn Rate
- Open a CIT Bank Platinum Savings Account.
- Enter your info. Securely provide your address, phone number, email and Social Security number (or other taxpayer ID).
- Fund your account. Open an account with a minimum of $100. You can transfer funds with an electronic transfer, mail-in check or wire.
- And you’re done. That’s all there is to it. We’ll send an email confirming you have successfully opened your account.
- Earn 3.85% APY on n balances of $5,000 or more.
CIT Bank Platinum Savings Benefits
- Competitive rates
- Secure. Your CIT Bank account is FDIC insured, which means it’s secure.
- Digital convenience. CIT Bank’s mobile app makes it easy to manage your account.
- No monthly service fees. No account opening or monthly services fees, so you can keep what you earn.
Author’s Verdict
Open a new account today to start accruing competitive interest and take advantage of the services they have to offer.
Be sure to also check out these other CIT Bank promotions. Be sure to check back on BankDealGuy for more bank rates!
In addition to the current rate from CIT Bank, you can also take advantage of a range of great promotions from banks such as U.S. Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
Let us know about your thoughts and experience with this account!
Interesting read! I’m always looking for high-yield savings accounts that offer competitive rates. Will definitely consider CIT Bank’s Platinum Savings Account with its 5.05% APY. Appreciate the thorough review and analysis!