Final Hours! Lock In CD Rates Today Before They Drop: CIT Bank Offering 1.4% On 11 Month No Penalty CD Or Up To 1.7% On Term CDs!

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Please note: This is a sponsored post.

Rates are expected to fall tomorrow by 0.10%-0.30% APY, but you can lock in current rates today with a CD!

CIT Bank Now Offering 1.4% APY On An 11 Month No Penalty CD!

If you fund a CIT Bank 11 month no penalty CD with at least $1,000 you’ll now get 1.4% APY. With this CD you won’t pay any penalty to close the account early.


CIT Bank Now Offering 1.45% APY On A 1 year CD!

If you fund a CIT Bank 1 year CD with at least $1,000 you’ll now get 1.45% APY.

You can also fund a 5 year CD and get a 1.7% APY.

There is no hard credit inquiry performed for opening a CIT account.

A penalty may be imposed for early withdrawal of principal, and any early withdrawal (principal or interest) will reduce earnings on a term CD.

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12 Comments On "Final Hours! Lock In CD Rates Today Before They Drop: CIT Bank Offering 1.4% On 11 Month No Penalty CD Or Up To 1.7% On Term CDs!"

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Eer

Can anyone clarify? “A penalty may be imposed for early withdrawal of principal”

So is this a no penalty account or not?

Dan

The no penalty CD has no penalty.
The term CD has a penalty.

EER

Ahhh, got it. Thanks Dan

SM

People should be aware that a no penalty CD still does not allow withdrawals without closing the account.

Ida Haris

This company has very bad reviews online. People complained about not being able to get ahold of a person on the phone or waiting over 45 minutes to actually talk to someone. Then trying to get your money out after CD expired was also a problem. Have you used them personally Dan?

Dan

I have opened several accounts with them.
Never had issues opening or closing them, but I typically use secure messaging to contact banks because I like things in writing and would rather not waste time on the phone.

henche

#metoo

Ida Haris

Thank you.

Eer

If I fund the account with 1k and lock in the rate, will I still get the 1.4 apy also for funds transferred in a few weeks from now?

henche

Same q. esp since I’m getting 1.44 on my reg savings account with CIT right now

Eer

How does this compare to Amex High yield savings account for 1.30% ?

Does Amex pull your credit for savings account?

https://www.americanexpress.com/personalsavings/high-yield-savings-account.html?extlink=ps2019=affiliate

chaya

As expected, CIT interest rates are going down now. Anyone know of any other bank offering a higher interest rate – even if just a bit higher?

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