CIT Bank is an online bank offering different ways to save and borrow money.
- They have savings accounts with varying interest rates (how much your money grows).
- You can also get checking accounts and loans.
- They offer CDs (Certificates of Deposit), which are like savings accounts but you keep your money for a set time.
| Account Type | Interest Rate (example) | Minimum Deposit |
|---|---|---|
| Platinum Savings | 4.30% (for $5000+) | $100 |
| Savings Connect | 4.00% | $100 |
| CD (1 year) | varies | $1000 |
