CIT Bank Platinum Savings

Maximize your savings with competitive rates and a promotional APY boost.

Open a CIT Bank Platinum Savings Account

Top rate of 4.10% APY for 6 months when you add promo code CITBOOST on balances of $5,000 or more (a 0.35% APY boost)
No transaction limits, so I use it like my checking account and still earn savings rates
Even the lowest tier earns 0.25% APY, which is 25x the 0.01% APY many big banks still pay
Just a $100 minimum to open, with no monthly service fees

How I maximize my CIT Bank Platinum Savings

CIT Bank's Platinum Savings rewards savers who can hold higher balances, but even the base rate blows the big banks out of the water. Here is how I get the most out of the account.

Step 1: Always use the promo code

When you open the account (or enroll an existing one), enter promo code "CITBOOST" during the process. That adds a 0.35% APY boost for six months, pushing you to the top rate of 4.10% APY. It takes ten seconds and it's the single biggest lever on your yield, so never skip it.

Step 2: Hit the $5,000 tier, but don't stress if you're not there yet

Once your balance crosses $5,000, your entire balance earns the top-tier rate. And here's the part people miss: even the lowest tier pays 0.25% APY. That's 25x the 0.01% APY most big banks still pay on savings, so your money is working harder from day one no matter the balance.

Step 3: Use it like your checking account

There are no transaction limits on this account, so I use it like my checking account: money goes in and out as often as I need, and it keeps earning savings rates the whole time. No six-withdrawal-a-month cap to trip over.

Wrap-up

Between the promo-boosted 4.10% top rate, a base rate that's 25x the big banks, no transaction limits, and zero monthly fees, CIT Bank Platinum Savings is a straightforward way to make your cash actually earn.

Another great HYSA offer

SoFi Checking & Savings

3.30% APY and up to a $400 welcome offer

Legal & Disclosures

Advertiser Disclosure

MyWealthWallet is not a bank. We are a financial education and content platform. We may receive compensation when you click on links to products from our partners. This compensation may influence which products we write about and where and how they appear on the page. However, it does not influence our evaluations or recommendations. Our opinions are our own.

Platinum Savings APYs & Account Terms

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 Jan. 09 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% 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.

Platinum Savings APY Boost (Promo Code CITBOOST)

*This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria. Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.35% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate. The Promotion begins on February 13, 2026, and ends August 31, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6-month period outlined in the terms and conditions. The promotion can end at any time without notice.

For complete list of account details and fees, see our Personal Account disclosures.

CIT Bank is a division of First-Citizens Bank & Trust Company, Member FDIC.

General Disclaimer

The information provided on this page is for educational and informational purposes only. It should not be construed as financial, investment, or tax advice. Before opening any account, please carefully review all terms, conditions, fees, and disclosures provided by the partner. Your individual circumstances may vary, and we recommend consulting with a qualified financial advisor before making any financial decisions.

Last updated: June 2026