CIT Bank Savings Builder Account 2.3% APY

CIT Bank is offering 2.30 APY on their Savings Builder Account. 100.00 account opening minimum and either 25,000.00 minimum balance or 100.00 minimum monthly deposit to maintain this rate.

Here is the link

Benefits and features

Save more and earn more with the Savings Builder.

• Earn one of the nation’s top rates — More than 25x the national average
• Get 2.274% interest rate from the day the account is opened through the first Evaluation Day
• Continue earning up to 2.30% APY by:
  • Maintaining a balance of $25,000 or more
    OR
  • Making at least one monthly deposit of $100 or more
• No account opening or maintenance fees
• Daily compounding interest to maximize your earning potential
• A limit of six transactions per statement cycle
• Deposit checks remotely and make transfers with the CIT Bank mobile app

Here is an example to maintain the 2.3% APY

_{Example: A Savings Builder account opened on July 15, 2019, and funded with an initial deposit of $5,000 would earn the Upper Tier interest rate during the Introductory Period, which begins on the account opening date and ends on the First Evaluation Day, September 25, 2019.}

_{The First Evaluation Period for this account begins on August 26, 2019 and ends on the First Evaluation Day, Wednesday, September 25, 2019. With a balance less than $25,000, in order to continue earning the Upper Tier interest rate during the next Evaluation Period, the customer must make at least one deposit of $100 or more during the First Evaluation Period, August 28 through September 25, 2019.}