APY - Annual Percentage Yield is accurate as of August 9, 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 The CIT Bank early withdrawal penalty on a 6-Month CD may equal 3 months’ interest on the amount withdrawn.
$72 Bonus cash 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 $25,000 average daily balance 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.
6-Month Term CDs are not eligible for IRA accounts.
Comparison Bank APYs - Annual Percentage Yield for each bank's 6-Month CD with a $25,000 deposit is accurate as of August 9, 2016. Info taken directly from bank websites. CIT Bank
, Ally Bank
, Discover Bank
, Synchrony Bank
, Bank of America
, Wells Fargo
1 National average as published in the FDIC Weekly National Rates and Rate Caps, accurate as of August 8, 2016.