Key Factors
- New CIT Financial institution Platinum Financial savings prospects can earn a boosted 4.10% APY for six months utilizing promo code “CITBoost”*
- The account requires only a $100 minimal to open, has no month-to-month service charges, and is FDIC-insured.
- After the six-month increase interval ends, you proceed incomes CIT Financial institution’s finest customary charge of three.75% APY on balances of $5,000 or extra.
CIT Financial institution is providing a limited-time APY increase for brand new Platinum Financial savings account holders.
Open an account with promo code CITBoost and also you’ll earn 4.10% APY on balances of $5,000 or extra for the primary six months* — that’s 10x the nationwide common financial savings charge.
Open a CIT Financial institution Platinum Financial savings Account right here >>
What Is The CIT Financial institution Platinum Financial savings APY Enhance?
CIT Financial institution’s Platinum Financial savings APY Enhance promotion provides new prospects an elevated rate of interest for six months past the usual APY. Right here’s how the charges break down:
Throughout The 6-Month Enhance Interval:
|
Steadiness Tier |
Enhance APY |
|---|---|
|
$5,000 or Extra |
4.10%* |
|
Beneath $5,000 |
0.60%* |
After the Enhance Interval (Ongoing Customary Charges):
|
Steadiness Tier |
Enhance APY |
|---|---|
|
$5,000 or Extra |
3.75%¹ |
|
Beneath $5,000 |
0.25%¹ |
To qualify, you will need to use promo code CITBoost when opening your account. The increase lasts six months from account opening, after which you robotically roll into CIT Financial institution’s finest customary charges — no motion required.
Who Ought to Think about This Provide?
The CIT Platinum Financial savings Account is nice for anybody sitting on $5,000 or extra in a conventional financial savings account — significantly these nonetheless incomes the nationwide common of round 0.39% APY ( a few of these huge brick and mortar establishments).
Let’s put the mathematics in perspective. On a $10,000 steadiness over six months:
- On the nationwide common (0.38% APY): roughly $20 in curiosity
- At CIT’s boosted 4.10% APY: roughly $205 in curiosity
That’s a giant distinction for doing nothing greater than shifting your cash and getting into a promo code.
That is additionally a robust match for savers who need to be sure their financial savings are protected on this time of uncertainty. Should you want a spot to park your emergency fund, this can be a nice selection.
What To Know About The Platinum Financial savings Account
CIT Platinum Financial savings is a tiered financial savings account, which implies the rate of interest you earn relies on your end-of-day steadiness. In the course of the promotional interval:
- Balances of $5,000 or extra earn the boosted 4.10% APY
- Balances under $5,000 earn 0.60% APY
After the six-month increase, you’ll earn 3.75% APY on balances of $5,000 or extra and 0.25% APY on balances under $5,000. CIT Financial institution charges are variable and should change at any time.
Account Particulars at a Look:
- Minimal to open: $100
- Month-to-month service charges: None
- Account opening charges: None
- FDIC insured: Sure
CIT Financial institution is a division of First Residents Financial institution. First Residents BancShares (NASDAQ: FCNCA) has greater than $100 billion in property.
How To Declare The APY Enhance
Opening the account and claiming the promotional charge is simple:
- Go to CIT Financial institution’s web site
- Enter promo code CITBoost throughout the utility course of.
- Fund your account with a minimal of $100.
- Keep a steadiness of $5,000 or extra to earn the 4.10% boosted APY.
- Earn the increase for six months, then proceed incomes CIT’s finest customary charge of three.75% APY robotically.
There’s no complicated qualifying standards — no direct deposit necessities, no month-to-month spending minimums. The promo code does the work.
Open A CIT Financial institution Platinum Financial savings Account Right here
For full listing of account particulars and charges, see our Private Account disclosures.
¹Platinum Financial savings is a tiered rate of interest account. Curiosity is paid on the whole account steadiness primarily based on the rate of interest and APY in impact that day for the steadiness tier related to the end-of-day account steadiness. APYs — Annual Proportion Yields are correct as of January 9, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or extra. Curiosity Charges for the Platinum Financial savings account are variable and should change at any time with out discover. The minimal to open a Platinum Financial savings account is $100.
²Based mostly on comparability to the nationwide common Annual Proportion Yield (APY) on financial savings accounts as revealed within the FDIC Nationwide Charges and Charge Caps, correct as of March 16, 2026.
* Platinum Financial savings APY Enhance Promotion Phrases and Situations
It is a restricted time supply out there to New and Present prospects who meet the Platinum Financial savings APY Enhance promotion standards.
Accounts enrolled within the Platinum Financial savings Annual Proportion Yield (APY) Enhance promotion will obtain a 0.35% APY increase on the Platinum Financial savings present customary APY tiers for six months following the opening of a brand new account or when an present Platinum Financial savings account is enrolled within the promotion. The Platinum Financial savings APY increase shall be utilized on account balances as much as $9,999,999.00. Account balances above $9,999,999.00 will earn the usual APY. If the standard-published APY ought to change throughout the promotion interval, the APY increase will transfer with it, providing an account APY above the usual charge.
The Promotion begins on February 13, 2026, and ends June 30, 2026. Clients enrolled within the promotion previous to the tip date will obtain the APY increase for the 6-month interval outlined within the phrases and circumstances.
The promotion can finish at any time with out discover.
Editor: Colin Graves
The put up CIT Financial institution Platinum Financial savings APY Enhance: Earn 4.10% For six Months appeared first on The School Investor.
