CIT Bank Term CD Rates: Earn Up To 2.50% APY [Nationwide]

Available nationwide, you can earn competitive CD Rates on your funds when you open up a new CIT Bank Term Certificate of Deposit Account! Choose from their widest variety of terms to help you achieve short-term goals-or long-term dreams. With terms ranging from 6 months to 5 years, CIT Bank offers options that meet your savings needs. Below is all the information and details you need to open your CIT Bank Term CD Account!

CIT Bank Term CD Summary

-Available online nationwide -Earn 0.72% APY up to 2.50% APY on a 6-Month up to 5-Year Term CD -$1,000 minimum to open -Selection of terms to meet your needs -A range of choices. Low minimum deposits. -No fees to open or maintain the account -Earn 6X the national average -Available as Custodial -Open a CIT Bank Certificate of Deposit Account today! Apply Now at CIT Bank

CIT Bank Term CD Account Information

• Rate Offer: See table below
• Availability: Nationwide
• Expiration: None
• Credit Inquiry: Soft Pull
• Credit Funding: Unknown
• Opening Deposit Requirement: $1,000 minimum
• Direct Deposit Requirement: None
• 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.
• Promo Code(s): None

CD Rates

Application Link

CIT Bank Term CD Account: Consider opening this account if you're looking for a CD with a high competitive rate! Rest assured that your money is FDIC-insured up to $250,000!

Account Requirements

Earn a competitive APY on a new CD Account with CIT Bank today:

1. Visit CIT Bank online and open a new CIT Bank Term Certificate of Deposit Account.
2. Enter your info: Provide your first and last name, address, phone, email and social security number
3. Select your term: Select a term of your choice.
4. Fund your account: Make the minimum opening deposit.
5. Verify Information: Verify information and electronically sign your application.
6. Confirmation Email: They’ll send a confirmation email.

CIT Bank Contact Information

Need Assistance? Contact a representative by calling 1-855-462-2652.

Avoid Monthly Fees

There are no monthly fees involved with this CD Account.

CIT Bank Online App

•  All your banking, in your pocket or purse. Download the CIT Bank App today via iOS or Android.
• If you do not have a supported Apple or Android device, you can access these features at m.bankoncit.com.

Still Have Questions?

•  Reach someone helpful 24/7. Call 855-462-2652!

Author's Verdict

CIT Bank Term CD Account offers phenomenal CD Rates on your funds with ONLY a $1,000 initial deposit! According to GoBankingRates, it is listed as one of the “Best CD Accounts of 2016.” 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. Apply today! Please let us know if you find out any information regarding credit card funding or inquiry info. Do you know of a better CD rate elsewhere? If so, let us know! Let us know about your thoughts and experience with CIT Bank in the comment section below. Be sure to check back on BankDealGuy for more bank deals and the best CD Rate Offers!