Can’t find the right bank for you? Tired of being unable to withdraw your money from your CD account without penalties and having to pay absurd monthly fees?
If that is the case, then CIT Bank is the right choice for you with a variety of useful features like having a No-penalty 11-month CD account.
But this is only one of the many useful features and promotions you can get your hands on if you join CIT Bank.
Below you can find everything you need to know about the CIT bank and all of its current promotions.
About CIT Bank
CIT (Commercial Investment Trust) Bank is a part of First Citizens Bank, one of the largest family-controlled banks in the US.
Their goal is to empower people to grow their savings, business, and their community. First Citizens Bank is a member of the Federal Deposit Insurance Corporation (FDIC).
This means that every member is ensured up to $250,000 for each account ownership category.
CIT Bank Promotion – Free Amazon Prime Subscription
This is one of the newest CIT Bank promotions for every new and existing client who is willing to make a deposit of at least $15,000 in their Money Market account.
If you want to get your hands on a one-year free subscription for Amazon Prime ($139 cash value), sign up for your new CIT Bank Money Market account using our link and enter the code AMZN22.
The next thing you need to do is deposit at least $15,000 in your account within the first two weeks after opening.
When the deposit is made you will need to keep a minimum balance of $15k for 60 days after the two weeks funding period ends.
After the 60-day hold period ends, if you meet the requirements, you will receive an email containing your Amazon Prime membership code.
CIT Bank No-Penalty 11-Month CD Account
One of many CD options that CIT Bank offers is the 11-month no-penalty CD account with a current rate of 1.85% APY.
This is one of the most useful features CIT Bank provides because after the first week upon opening your account has ended you can freely withdraw any amount before maturity without penalties.
You can open this account completely free with no maintenance fees as well. All you need to do is make a deposit of at least $1000 and you will be good to go.
CIT Bank Savings Connect and eChecking Account
If you want to earn the top Savings Connect APY of 1.65% without any monthly fees and other service costs all you need to do is the following:
- Make an initial deposit of at least $100 in your Savings Connect and $100 in eChecking account.
The best part about this account is that CIT Bank doesn’t charge ATM fees and you can excess your funds online 24/7.
CIT Bank Money Market Account
This is an online Money Markey account with an APY of 1.00%. To open this account, you will need to make an initial deposit of at least $100.
With the help of People Pay, you can easily send money to anyone by simply putting in an email address or a phone number.
CIT Bank charges no monthly fees for this account as well and you can make up to 6 transactions monthly (deposit, withdrawals, or transfers).
CIT Bank Savings Builder Account
If you deposit at least $100 each month or maintain a balance of $25,000 you can earn an APY rate of up to 0.70%.
There isn’t an expiration date for this account and no monthly fees as well.