1 APY - Annual Percentage Yield is accurate as of October 24, 2016. CDs may be subject to an early withdrawal penalty, which may reduce earnings. The CIT Bank early withdrawal penalty on a 6-Month CD may equal 3 months interest on the amount withdrawn. 6-Month Term CDs are not eligible for IRA accounts.
2 CDs opened on or before December 30, 2016, with a minimum of $25,000 are eligible for the $72 cash bonus. The $72 cash bonus will be deposited into the 6-Month CD account within 30 business days of confirmed deposit of the $25,000 minimum requirement. Funds must be held for a minimum of 180 days. Failure to maintain an average monthly balance of at least $25,000 may lead to a forfeiture of the $72 cash bonus in addition to any applicable early withdrawal penalty.
Special Offers ($72 Bonus Cash) are applicable to the initial term only. At maturity CDs will automatically renew at the interest rate and Annual Percentage Yield (APY) in effect at that time. Any special rates or promotions are not subject to renewal unless the Bank has notified you otherwise.
3 National average published in the FDIC Wekly National Rates and Rate Caps, accurate as of August 8, 2016. https://www.fdic.gov/regulations/resources/rates/historical/2016-08-08.html
4 Comparison Bank APYs - Annual Percentage Yield for each bank's 6-Month CD with a $25,000 deposit is accurate as of October 24, 2016. Information taken directly from banks websites. CIT Bank, Ally Bank, Discover Bank, Synchrony Bank, Bank of America, Wells Fargo
CIT Bank received a Five-Star BauerFinancial Star Rating™ - https://www.bauerfinancial.com/btc_ratings.asp
CIT Bank tops GOBankingRates.com list of Best CD Accounts of 2016 - https://www.gobankingrates.com/banking/cit-bank-best-cd-accounts-2016/