CIT Bank vs American Express

CIT Platinum Savings pays 4.85% APY vs. Amex High Yield Savings's 4.35%. CIT Platinum Savings wins on rate; Amex High Yield Savings carries a stronger brand reputation.

Option A

CIT Bank

3.75%
APY
Min
$0
Fee
$0/mo
FDIC
Yes
Best for: High balances above $5K
Open with CIT Bank
Option B

American Express

3.00%
APY
Min
$0
Fee
$0/mo
FDIC
Yes
Best for: Competitive rate with easy online access
Open with American Express

How this comparison was built

Rates and fees are pulled from each provider's published rate disclosures and reviewed by our product data pipeline. The verdict above is generated from the verified data — we don't accept payments to influence rankings. Last refreshed 5/7/2026.