CIT Financial institution Providing Additional 0.5% APY
When you have a CIT Checking account, you may get the next rate of interest for the following 12 months simply by initiating a switch to an exterior account. For my Platinum Financial savings account for instance the speed will go from 4.00% APY to 4.50% APY.
All you might want to do is provoke the switch. To do that, simply click on Transfer Cash on high menu, then Transfers. Choose account to switch to and the quantity, after which click on “Switch” button. On the following web page, earlier than you affirm the switch, you’ll possible see the supply for an additional 0.5% APY.
Right here’s the textual content of the supply and the phrases:
Earn extra with an up to date price
“The present rate of interest in your Platinum Financial savings account is 3.922%, with an APY of 4.00%.2
We’ll enhance your rate of interest by 0.480% for the following 12 months.1
Which means your present new rate of interest might be 4.402% and your APY might be 4.50% when your account steadiness stays $5,000.00 or higher. The present new rate of interest might be 0.730 and the APY might be 0.73% when your account steadiness falls under $5,000.00.2
If the usual, revealed rate of interest on the account modifications, your rate of interest will transfer with it, remaining 0.480% larger than the revealed rate of interest tiers for the following 12 months.
1This rate of interest enhance and 12-month interval will exchange any earlier rate of interest enhance which may be in place in your account. It won’t be added to any earlier gives that you might have accepted.
2Platinum Financial savings is a tiered interest-rate account. Curiosity is paid on your complete account steadiness based mostly on the rate of interest and APY in impact that day for the steadiness tier related to the end-of -day account steadiness. The Present APY’s (Annual Proportion Yields) proven above are the usual, revealed APYs for every tier (unique of any rate of interest enhance) as of 08/06/2025. Rates of interest for the Platinum Financial savings account are variable and should change at any time with out discover.”
Let me know if it really works for you!
HT: JJ
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