CIT Bank Certificate of Deposit

FDIC Insured·Rate verified by SwitchWize

APY

3.75%

Annual Percentage Yield

CD Terms & Rates

Term	APY
6 months	3.75%
1 year	0.30%
1.5 years	2.85%
2 years	0.40%
3 years	0.40%
5 years	0.50%

Pros

The no-penalty CD earns an APY that’s above the national average for standard one-year CDs.
You won’t pay a penalty with this CD if you need to make an early withdrawal – after having the CD for at least seven days.

Cons

The minimum opening deposit requirement of $1,000 is higher than some online banks.
You can get higher yields on standard savings accounts, which also don’t have early withdrawal penalties.

Rate History (Last 30 Days)

2026-04-222026-05-06

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