Rates updated · 70 banks tracked
CIT Bank CD rates: 2.85% APY best term
CIT Bank’s best tracked CD pays 2.85% across 1 term — ranking in the bottom quartile of the 70 banks SwitchWize tracks CD rates for, where the best available rate is 4.47%. (Updated August 27, 2026.)
CIT Bank CD rates by term
| Term | APY |
|---|---|
| 18 months | 2.85%Best |
Is CIT Bank a good CD rate? Not really. At 2.85% its best CD trails the 4.47% best available tracked rate, leaving about $404 a year on the table on a $25,000 deposit.
The gap, in your dollars
At 2.85%, $25,000 earns $713/yr here versus $1,117/yr at the field leader — a $404/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 2.85% APY as of August 27, 2026, across 1 term SwitchWize tracks for this bank.
Is CIT Bank's CD rate good?▾
CIT Bank's best CD rate ranks in the bottom quartile of tracked banks. The best available tracked rate is 4.47% and the FDIC national savings average is 0.38%.
Which banks pay more than CIT Bank on CDs?▾
Higher-paying tracked options include alto, apple bank, bank of america. 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.