CIT Bank awards and industry recognition


Award-winning rates and products. Just for you.

 

2017

2017 Best Banks Finalist in Three Categories

2017 Best Banks Finalist in Three CategoriesCIT Bank was selected as a top 10 finalist in three categories of GOBankingRates’ 2017 Best Banks study.

  • Best Online Banks - Some of the criteria for this ranking included high savings accounts yields and one-year CD interest rates, a good BauerFinancial Star Rating and customer service features.
  • Best Savings Accounts - GOBankingRates looked at accounts that offer the best interest rates, lowest fees and attractive features that help save you money.
  • Best CD Accounts - Ranking criteria was based on minimum deposit to open and 12-month CD and 60-month CD APYs.
Editors' Pick for Best CD Account

Editors' Pick for Best CD AccountGOBankingRates chose CIT Bank as its Best Banks 2017 Editors' Pick for Best CD Account. We were recognized for our CD account bonus offers and the flexibility of our RampUp CDs.

2016

CIT Bank honored with America's Best Rates ranking

CIT Bank honored with "America's Best Rates" rankingCIT Bank received top 10 placement in the MoneyRates.com list of "America's Best Rates" for Q4 2016. We were recognized for our higher than average savings account rate. Approximately 100 banks were considered for this honor.

CIT Bank recognized among MyBankTracker's Best CD Accounts of 2016

CIT Bank recognized among MyBankTracker's Best CD Accounts of 2016MyBankTracker.com awarded CIT Bank with the Best CD Accounts of 2016 for the Best Increase Your Deposit and Rate CD in the Most Flexible CD Accounts category.

NerdWallet's Best Savings Accounts of 2016

NerdWallet's Best Savings Accounts of 2016CIT Bank's High Yield Savings has been named one of NerdWallet's Best Savings Accounts of 2016 for its combination of high rate, zero monthly fees or minimums, and low initial deposit.

Ranked one of America's Best Savings Accounts by MoneyRates.com

Ranked one of America's Best Savings Accounts by MoneyRates.comCIT Bank receives top 10 placement in MoneyRates.com list of "America's Best Savings Accounts" for Q3 2016. Approximately 100 banks were reviewed for this honor.

GOBankingRates' Top Pick of 2016

CIT Bank products rated GOBankingRates' Top Pick of 2016GOBankingRates.com has awarded three CIT Bank accounts the top pick of its 10 Best CD Accounts of 2016.

2015

Awards - Web Award

Web Marketing Association’s Standard of ExcellenceCIT Bank is proud to be celebrated by the Web Marketing Association in three categories after a head-to-head evaluation with other banking sites.

  • Bank Standard of Excellence
  • Design Standard of Excellence
  • Education Standard of Excellence
Awards - Banktracker

My BankTracker Best PickFor the Jumbo CD category, MyBankTracker has awarded CIT Bank a Q3 2015 "Best Pick" for our 5-Year Jumbo CD. Our 1-Year RampUp™ Plus CD also received an "Honorable Mention" in the Most Flexible CD Accounts category.

Awards - Bankrate 2015

Bankrate.com Top Tier AwardOnce again, CIT Bank has been awarded the Bankrate.com® Top Tier award. In fact, for more than the last 2 years, we’ve been recognized by Bankrate.com® for consistently offering annual percentage yields (APYs) that were among the 100 Highest Yields®.

Awards - Interactive Media

Interactive Media AwardsThe Interactive Media Awards (IMAs) have awarded our CIT Bank website their highest honor. We won "Best In Class" in the categories of Banking, Financial Information and Web Design/Development. So we can proudly say that our customers now have an award-winning website to go along with our award-winning rates.

  • 2015 Best In Class — Banking
  • 2015 Best In Class — Financial Information
  • 2015 Best In Class — Web Design/Development
BestCashCow.com Most Innovative Online Banking Product for 2015

BestCashCow.com Most Innovative Online Banking Product for 2015CIT Bank RampUp™ and RampUp™ Plus CDs were recently selected as the Most Innovative Online Banking Product for 2015 by BestCashCow.com, making CIT Bank one of their Best Bets for 2015.

GOBankingRates.com 10 Best Banks of 2015

GOBankingRates.com 10 Best Banks of 2015Every year, GOBankingRates.com reviews more than 120 financial institutions to find the best banks and best banking products for consumers. GOBankingRates uses its internal methodology to rank the top 10 banks across a number of specialized categories, taking into account interest rates, fees, deposit requirements and third-party financial health ratings.

  • 10 Best Savings Accounts of 2015 — #8 CIT Bank High Yield Savings
  • 10 Best CD Accounts of 2015 — #5 CIT Bank Term CD
  • 10 Best Online Banks of 2015 — #6 CIT Bank

2014

Awards - Bankrate 2014

Bankrate.com Top Tier AwardCIT Bank has received the Bankrate.com® Top Tier award for consistently offering annual percentage yields (APYs) that were among the 100 Highest Yields® for the 4th quarter of 2014.

Go Banking Rates gives CIT Bank top 5 bank rating

GOBankingRates.com gives CIT Bank a Top 5 Bank rating"CIT Bank offers a high interest rate on its regular CD account, and also offers customers other CD products….Interest compounds daily. While there are no maintenance fees associated with the 12-month CD, there is a $1,000 minimum deposit requirement to open the account." — GOBankingRates.com

The Huffington Post listed CIT Bank as the 3

The Huffington Post listed CIT Bank as the 3rd best 1-year CD product "Like any traditional bank, it's important to shop around for one that is truly competitive in the space before handing over your money. We recently reviewed the online banks out there today and ranked the best savings and CD accounts for depositors in 2014." — The Huffington Post

Selected products ()
Product
APY**
Minimum balances
Available as IRA
Available as Custodial
APY**
Minimum balances
Available as IRA
Available as Custodial