Unlock Your Savings Potential with CIT Bank’s CD Accounts – Daily Compounding Interest, No Fees, FDIC Insured, & More.
Looking for a safe, reliable way to grow your savings with guaranteed returns? CIT Bank’s Certificate of Deposit (CD) accounts are now offering rates as high as 3.25% APY nationwide. With just a $1,000 minimum deposit, you can lock in a competitive rate, enjoy daily compounding interest, and rest easy knowing your money is FDIC-insured. Plus, with options like a traditional 13-Month CD or an 11-Month No-Penalty CD, you can choose the balance between fixed returns and flexibility that works best for you.
In this guide, I’ll break down CIT Bank’s current CD offers, explain how they compare to other top banks, and help you decide whether these accounts are the right fit for your savings strategy.
About CIT Bank:
- CIT Bank (Commercial Investment Trust) consistently offers some of the best nationwide rates.
- They offer Savings and Money Market Accounts, Certificates of Deposit (CDs), and IRA CDs.
- Operating online only, they avoid the higher overhead costs of physical branch locations and can pass on these savings in the form of higher rates.
CIT Bank is offering great rates for their online certificate of deposit (CD) accounts. See the current rates below.
See the bottom of this page for all CIT Bank offers.
READ MORE: GET TOP OFFERS FROM BMO, CIT and AXOS.
CIT Bank 13-Month CD: 3.25% APY* (Nationwide)
- Current rate: 3.25% APY*
- $1,000 minimum opening deposit
- No opening or maintenance fees
- Daily compounding interest to maximize your earning potential
- FDIC insured
*APY —Annual Percentage Yield is accurate as of November 20, 2025. $1,000 minimum deposit is required to open the account. A penalty may be imposed for early withdrawal of principal, and any early withdrawal (principal or interest) will reduce earnings. Upon maturity, the 13-Month CD will be automatically renewed as a 1-Year Term CD at the then-published APY.
For complete list of account details and fees, see their Personal Account Disclosures.
CIT Bank 11-Month No-Penalty CD: 3.25% APY* (Nationwide)
- Current rate: 3.25% APY*
- $1,000 minimum opening deposit
- No penalty to access funds if needed before maturity*
- No opening or maintenance fees
- Daily compounding interest to maximize your earning potential
- FDIC insured
1 APY — Annual Percentage Yield is accurate as of November 20, 2025. $1,000 minimum to open the account.
2 With a No-Penalty CD, you may withdraw the total balance and interest earned, without penalty, beginning 7 days after funds have been received for your CD. No withdrawals are permitted during the first 6 days following the receipt of funds.
For complete list of account details and fees, see their Personal Account Disclosures.
Maximize Your Earning Potential with CIT Bank’s CD Accounts
Are you looking for a safe and secure investment option that can help you grow your savings? CIT Bank offers a range of Certificate of Deposit (CD) accounts that can help you reach your financial goals.
Here are some of the key features and benefits of these accounts:
- Daily Compounding Interest: One of the standout features of CIT Bank’s CD accounts is their daily compounding interest. This means that the interest earned on your deposit is calculated and compounded on a daily basis, maximizing your earning potential over time.
- No Fees: Another great advantage of CIT Bank’s CD accounts is that there are no account opening or maintenance fees. This means that you can keep your money working for you without having to worry about any hidden charges or fees eating into your returns.
- FDIC Insured: Safety and security are key considerations for any investment, and CIT Bank’s CD accounts are FDIC insured. This means that your deposits are backed by the full faith and credit of the United States government, giving you peace of mind knowing your savings are protected.
- Manage Beneficiaries Online: CIT Bank makes it easy to manage your CD account, with the option to set up and manage your beneficiaries online or through the mobile app. This allows you to keep track of your investments and make changes to your account as needed, all from the convenience of your computer or mobile device.
- Humanized Experience in Banking: CIT Bank has been named #1 in delivering the most humanized experience in banking. This means that they are committed to providing their customers with a personalized and human touch in all their interactions, ensuring that you receive the best possible service and support as you work towards your financial goals.
READ MORE: COMPARE WITH THE NATION’S BEST CD RATES
How To Open An Account
- Use the link above to start the online opening process.
- Enter your info. Securely provide your address, phone, email and social security number (or other taxpayer ID).
- Fund your account. Minimum of $1,000 to open your account. You can transfer funds with electronic transfer, mail in check, or wire.
- They’ll send an email confirming your account has been successfully opened.
READ MORE: SEE THESE CASH BACK SHOPPING DEALS AND PROMOTIONS FOR BONUS CASH AND REWARDS
Bottom Line
CIT Bank’s CD accounts are a great option for anyone looking for a safe and secure investment that offers the potential for daily compounding interest and no account opening or maintenance fees.
With FDIC insurance and the ability to manage your account online, CIT Bank is a smart choice for anyone looking to grow their savings.
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