Rates updated · 71 banks tracked
CIT Bank CD rates: 4.00% APY best term
CIT Bank’s best tracked CD pays 4.00% across 6 terms — ranking in the lower half of the 71 banks SwitchWize tracks CD rates for, where the best available rate is 4.83%. (Updated October 11, 2026.)
CIT Bank CD rates by term
| Term | APY |
|---|---|
| 6 months | 3.75% |
| 1 year | 4.00%Best |
| 18 months | 2.75% |
| 2 years | 0.40% |
| 3 years | 0.40% |
| 5 years | 0.50% |
Is CIT Bank a good CD rate? Not really. At 4.00% its best CD trails the 4.83% best available tracked rate, leaving about $208 a year on the table on a $25,000 deposit.
The gap, in your dollars
At 4.00%, $25,000 earns $1,000/yr here versus $1,208/yr at the field leader — a $208/yr difference.
See your exact number →Higher-paying CD alternatives we track
Rates subject to change. Verify before opening a CD.
Frequently asked questions
What is CIT Bank's best CD rate?▾
CIT Bank's best tracked CD rate is 4.00% APY as of October 11, 2026, across 6 terms SwitchWize tracks for this bank.
Is CIT Bank's CD rate good?▾
CIT Bank's best CD rate ranks in the lower half of tracked banks. The best available tracked rate is 4.83% and the FDIC national savings average is 0.38%.
Which banks pay more than CIT Bank on CDs?▾
Higher-paying tracked options include banesco usa, newtek, valley. Compare rates at /cds to find the best current option.
General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.