CIT Bank vs Ally CD Comparison
Updated September 17, 2026 · Rates from official provider sources
CIT Bank 1-Year CD
CIT Bank
Ally 1-Year CD
Ally
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SoFi
Based on your savings balance, this account maximizes your yield with FDIC protection.
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Compare APY, fees, minimums, insurance status, and switching friction across every 12-month CD we track.
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The rate table is useful for the math, but it is not the whole decision. Confirm current APY, transfer timing, account availability, minimum balance rules, and any linked-account requirements before opening. Rates can change after this page refreshes.
FAQ
Which is better, CIT Bank or Ally?
CIT Bank and Ally pay close to the same APY right now, so the better fit comes down to minimum balance, fees, and app experience rather than yield.
Are CIT Bank and Ally FDIC insured?
Yes, both accounts are FDIC insured up to $250,000 per depositor, per ownership category.
Can I have accounts at both?
Yes. There is no limit on how many 12-month CD accounts you can hold across different banks.