The Best CIT Bank Coupon Codes Updated For December 2020:
Welcome to our list of promo codes for Cit Bank! We strive to keep all these promotions as updated as possible. Now, the bank’s interest rates and yields do fluctuate from time to time, and we will update them as that happens.
Cash Bonus Offer: Get $300 or $150 With a Savings Builder Account!
Open a CIT Bank savings builder account and you could earn up to 1.79% APY for the top-tier, and 1.79% APY for the bottom tier. You can also receive a cash bonus of either $300 or $150! You can read a description of how to get the cash bonus below.Cash Bonus Offer: Get $300 or $150 With a Savings Builder Account!
Open a CIT Bank savings builder account and you could earn up to 1.79% APY for the top-tier, and 1.79% APY for the bottom tier. You can also receive a cash bonus of either $300 or $150! You can read a description of how to get the cash bonus below.How To Receive a $300 (or $150) Cash Bonus from Citbank.com:
You can receive a cash bonus for opening a savings builder account with CIT Bank by following these steps:
- Sign up for a Savings Builder Account with a minimum deposit of $150.
- Enter the provided promo code when signing up.
- Fund your account within 15 days. If you add between $25,000 to $49,000, you’ll get a $100 cash bonus. If you add $49,000 or more, you’ll receive a $300 bonus.
- For full T&C’s of this offer, click the coupon box above for full details on Citbank.com.
How to earn a higher interest rate with a Savings Builder Account:
All you need to do is complete 1 of these requirements:
- Monthly Savers: Make a minimum $100 deposit during the ‘evaluation period’. What is the evaluation period? It begins on the 3rd business day before the end of the month that you opened your account. In order to continue earning this higher rate, you need to keep making qualifying deposits of $100 or more during this period.
- High-Balance Savers: Have a minimum balance in your account of $25,000 or more on evaluation day.
Earn 20 Times More Than The National Average: Open a Money Market Account with a 1.85% APY!
Right now you can open a money market account with a $100 minimum deposit. When you do, you'll get 1.85% APY. That's 20x the national average! No promo code required.Earn 20 Times More Than The National Average: Open a Money Market Account with a 1.85% APY!
Right now you can open a money market account with a $100 minimum deposit. When you do, you'll get 1.85% APY. That's 20x the national average! No promo code required.Important Details About the Money Market Account:
- 1.85% is the annual percentage yield
- Minimum $100 Deposit Required
- Use People Pay to Send Money.
- Limited to 6 Transactions per month.
- No monthly service fees.
- Interest is calculated daily, compounded daily, and paid monthly.
- 24 hour account access
- FDIC insurance coverage up to $250,000 balance.
- Transactions are limited to $2 million per day.
Limited Time Offer: 1.75% APY No-Penalty CD!
Right now Cit's no-penalty CD offers a 1.75% APY. There's a $1,000 minimum deposit. But there's no penalty for withdraws after 7-days after you make your first deposit. That's a pretty safe and secure investment!Limited Time Offer: 1.75% APY No-Penalty CD!
Right now Cit's no-penalty CD offers a 1.75% APY. There's a $1,000 minimum deposit. But there's no penalty for withdraws after 7-days after you make your first deposit. That's a pretty safe and secure investment!Get a 2.05% Interest Rate with a 1 Year CD (2.05% APY):
Interest rates are going up! Right now, get a 1-year CD with a 2.05% APY. Available for a limited time. No promo code required.Get a 2.05% Interest Rate with a 1 Year CD (2.05% APY):
Interest rates are going up! Right now, get a 1-year CD with a 2.05% APY. Available for a limited time. No promo code required.Enjoy CD's with Rates up to 2.50%:
They offer lots of cool CD's: Ramp-up, Jumbo, etc. Depending on the term, you can get up to 2.50% APY. No discount code required. Click to view all the latest offerings.Enjoy CD's with Rates up to 2.50%:
They offer lots of cool CD's: Ramp-up, Jumbo, etc. Depending on the term, you can get up to 2.50% APY. No discount code required. Click to view all the latest offerings.Expired/Unpopular Promo Codes:
These codes appear to be expired. But feel free to try them out.
$100 Cash Bonus When You Open an High-Yield Savings Account:
Get a hundred dollar cash bonus when you open a high-yield savings account.$100 Cash Bonus When You Open an High-Yield Savings Account:
Get a hundred dollar cash bonus when you open a high-yield savings account.2.5% APY + $100 Cash Bonus With a 1-Year CD:
When you purchase a 1-year CD right now you'll get a $100 cash bonus when you redeem this promo code.2.5% APY + $100 Cash Bonus With a 1-Year CD:
When you purchase a 1-year CD right now you'll get a $100 cash bonus when you redeem this promo code.About CIT Bank:
Would you believe that they have been around since 1908? It’s true. They are a member of the Federal Deposit Insurance Corporation (FDIC), which means that your accounts are insured up to $250,000. The bank manages around $50 Billion in assets in total.
The bank provides financing and other financial services for small businesses mainly, but they now offer services direct to consumers through their online website. They also have a retail presence, with a a chain of banks in Southern California under their ‘OneWest Bank’ brand.
The Types of Products They Offer:
Commercial Banking:
Like we mentioned above, they are primarily focused on commercial activities, so they provide leasing, financing and other services for middle-market sectors. They are also involved in commercial real estate, providing loans to commercial real estate developers.
Small Business:
The company also provides equipment financing and loans for small businesses through its online Direct Capital platform.
CIT’s Services For Consumers:
If you’re here, it means you’re likely a consumer that wants to save money opening up a new account or investment. Here’s a quick rundown of the services they offer:
Money Market Account
This is their most popular service: a high-yield account with interest that compounds daily. Their Money Market account requires a $100 minimum deposit, but after that there are no monthly fees related to your account. So you can watch your money grow!
CD’s
Their CD’s (which stands for Certificates of Deposit) are safe, secure investments for your money. The Bank has multiple types of CDs available:
RampUp – This CD enables you to alter the interest rate of your CD once during the term. So if interest rates go up next year on your 3-year CD, you can opt to have the interest rate go up (so you don’t miss out on any compound interest!).
RampUp Plus – This one has the same option to alter the interest rate once during your term. On top of that, you can also choose to add more money to your CD once as well.
Term – Set the term up front. The longer the term, the higher the interest rate.
Jumbo – There are special interest rates for higher investments. Here’s a quick calculator you can use to see what you could get from a Jumbo CD.
High-Yield Savings Account
This is a great one. A high-interest savings account to watch your money grow. There’s a $100 minimum deposit, which is pretty low for a high-interest account.
IRA Accounts
They offer IRA accounts to help you start savings for retirement. Most of Cit Bank’s online savings accounts will work directly with your IRA accounts, so you can funnel money from your money-market account (for example) into your IRA when you’re ready to build up your retirement funds. They also have high contribution limits.
Custodial Accounts
Set up an account that’ll help pay for your child’s education. These accounts have tax-free contributions of up to $14,000/yearly (as of this writing). There’s also no limits on the size of the account, and you can have full control over it until the minor reaches a pre-designated age of maturity.
Cit Bank Contact Information:
Need to get in contact with Cit Bank? You can call them using this number here:
855-462-2652
They also have a contact form on their website where you can send them a message:
bankoncit.com/contact-cit-bank/
Hours of Operation:
Want to get into contact with them, but aren’t sure if their customer service is open. Here are their hours of operation:
Mon. to Fri. – 8am — 9pm EST
Sat. – 9am — 5pm EST
Sun. – 11am — 4pm EST
Mailing Address:
Sometimes you have to mail banking forms for various accounts with Cit Bank. Here is their current mailing address:
CIT Bank, N.A.
P.O. Box 7056
Pasadena, CA 91109-9699