Set Your Sights High
Open a Premier High Yield Savings Account!

1.30APY1
on balances up to $100,000
+
100
cash bonus 2

That's more than 20x the national average!3

Get Started

Promotion code: PREMIER must be entered at account opening

  • $100 Minimum Opening Deposit
  • No Fees to Open or Maintain
  • Daily Compounding Interest
  • 24/7 Secure Online Banking
  • US-based Customer Service
  • FDIC Insured
Account Balance Tiers TOTAL Balance APY*
$0 - $100,000 1.30%
$100,000.01 and more 1.25%

*Interest will be 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.

Important: See our FAQs below for tips on how to ensure your account Earns our top Premier High Yield Savings APY.

Bonus Details

  • Account must be opened with Promotional Code "PREMIER" by September 8, 2017
  • Account must be funded within 30 days of account opening
  • Funds used to qualify for bonus must be new funds, not already or recently on deposit with CIT Bank or OneWest Bank
  • Must maintain a minimum $15,000 monthly balance for the first 3 full monthly statement cycles.
  • Limit one Premier High Yield Savings account bonus offer per customer. If multiple accounts are opened by a customer, only one account will be eligible for the bonus.
  • Customers who received a CIT Bank bonus payment or enrolled in another CIT Bank bonus offer between January 1, 2017 and July 14, 2017 (regardless of whether the bonus has yet been paid) are not eligible for this Premier High Yield Savings account bonus offer.

See below for full details.

Your Money Grows Faster with CIT Bank4

How do I open my Premier High Yield Savings Account?

It's easy and fast. Get started by going to our Open a CIT Bank Account page. Then follow the easy steps to complete your application. Have the following information handy:

  • Social Security number
  • Driver's license or other valid state identification
  • A check or your bank routing and account numbers from the account you'll be using to fund your new CIT Bank Premier High Yield Savings Account
  • Names and personal details (Social Security number, valid ID) of any joint account holders and/or designated beneficiaries

Premier High Yield Savings Account FAQs

I noticed that the APY will be lower if my balance exceeds $100,000. How can I ensure I get and maintain the top APY offered on my Premier High Yield Savings Account?

The Premier High Yield Savings account features exceptional interest rates, and our top APY is reserved for savers with balances no greater than $100,000. Once the balance rises above $100,000, the APY will decline. To get and maintain the top APY offered (currently 1.30%), keep your balance (and this includes deposits AND interest) below $100,000. If your balance exceeds $100,000 your APY will decline to 1.25%, based on current rates. The Premier High Yield Savings Account is a variable rate account and the interest rates may change without notice.

What can I do to set an alert on my account to notify me of my balance level?

After you open an account, you'll receive an email with simple instructions on how to create an alert that will notify you when your balance reaches a set level. It's fast and easy to set up.

Selected products ()
Product
APY**
Minimum balances
Available as IRA
Available as Custodial
APY**
Minimum balances
Available as IRA
Available as Custodial