CIT Bank RampUp™ Plus CDs
Our most flexible CDs help protect you against market fluctuations. You’ll have the option to adjust your rate once if our rates go up, plus you can add to your deposit once during the term of your CD.
Open an account
Increase your rate. Increase your deposit.
FDIC insurance standard amount is $250,000 per depositor for each account ownership category.†
* APY — Annual Percentage Yield is accurate as of . CDs may be subject to an early withdrawal penalty, which may reduce earnings.
** Effective June 1, 2015, all new or renewed RampUp™ and RampUp™ Plus CDs will be subject to a rate cap that will limit the optional increase of the initial APY to twice the amount of the initial APY, less 0.05%.
† CIT Bank, N.A. and OneWest Bank, a division of CIT Bank, N.A. are the same FDIC-insured institution. Deposits held under each name are not separately insured, but are combined to determine whether a depositor has exceeded the $250,000 federal deposit insurance limit, per depositor for each account ownership category. For purposes of calculating aggregate deposits held in CIT Bank, N.A., you should include deposits held in OneWest Bank, a division of CIT Bank, N.A.
The maximum deposit to RampUp™ accounts with an original maturity of more than two years is $250,000.
CIT Bank reserves the right to limit the additional deposit to your RampUp™ Plus account to $250,000.