Key Points
- Earn up to a $225 Bonus: New customers must deposit $25,000 to $49,999 within 30 days of opening the account
- Earn up to a $300 Bonus: Deposit $50,000 or more within 30 days
- High-Yield Savings Rates: CIT Bank offers competitive interest rates of up to 3.85% annual percentage yield (APY)*.
CIT Bank is offering a promotional bonus for customers who open a Platinum Savings Account and meet specific deposit requirements.
This bonus offer is open from September 23, 2025 through December 8, 2025, and is open to new and existing CIT Bank customers who meet the Platinum Savings promotion criteria and use the promo code PS2025. The promotion may end at any time.
Beyond the bonus offer, CIT Bank currently offers one of the highest interest rates for high-yield savings accounts.
About CIT Bank
CIT Bank operates as an independent subsidiary of First Citizens Bank. They are an online bank that operates in all 50 states and offer competitive checking, savings, and CD products.
We’ve followed CIT Bank for a decade and their accounts consistently rank in the top tier for savings and CDs.
Deposits are FDIC-insured up to $250,000, ensuring peace of mind for account holders.
CIT Platinum Savings Account Features
CIT Platinum Savings is a tiered savings account that rewards higher balances. The account does have a $100 minimum to open.
Right now you can earn up to 3.85% APY, with minimum balance requirements.
The tiers are:
|
Balance |
APY |
|---|---|
|
$5,000+ |
3.85% |
|
Less Than $5,000 |
0.25% |
Promotional Offer
Right now, through December 8, 2025, you can earn up to a $300 bonus when you open a new CIT Platinum Savings account and complete qualifying activities.
For new customers:
- Transfer a one-time deposit of $25,000 – $49,999.99 for a Bonus of $225
- Transfer a one-time deposit of $50,000+ for a Bonus of $300
You must fund the account within 30 days. The funding can be deposited in one deposit or incrementally. Account must be opened with a valid promo code during the promotion period.
Final Thoughts
CIT Platinum Savings is one of the strongest savings account offerings available, and this promotional offer sweetens the deal.
If you’ve been looking for an excuse to switch banks and earn more interest, now’s the time to take advantage of this awesome promotion.
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.
*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 9, 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.
Editor: Colin Graves
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