CIT Bank No-Penalty CD
in CD Accounts from CIT Bank
Not enough votes for recommendation
Would you recommend CIT Bank No-Penalty CD to your friends?
| Minimum Deposit | $1,000 |
| APY | 1.85% |
CIT Bank No-Penalty CD Review
CIT Bank is based in Salt Lake City, UT. It was founded in 2000 and offers banking services in 50 states (and Washington, DC).
Is CIT Bank No-Penalty CD insured by the FDIC?
Certificate deposits invested with CIT Bank are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC insures up to $250k in CDs per accountholder.
What types of CDs does CIT Bank offer?
- Liquid
- Traditional
What APY does CIT Bank offer on its CDs?
CIT Bank No-Penalty CD offers an APY of 1.85% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.
What types of terms does CIT Bank No-Penalty CD offer?
CIT Bank offers CD terms of the following lengths:| Description | |
|---|---|
| APY | 1.85% |
| APY Type | Fixed APY |
| 3-Month APY | N/A |
| 6-Month APY | N/A |
| 11-Month APY | 1.85% |
| 12-Month APY | N/A |
| 2-Year APY | N/A |
| 3-Year APY | N/A |
| 4-Year APY | N/A |
| 5-Year APY | N/A |
| 7-Year APY | N/A |
What is the minimum deposit to open a CD account with CIT Bank?
CIT Bank No-Penalty CD requires a minimum initial deposit of $1,000 to open an account.
What types of early withdrawal penalties does CIT Bank No-Penalty CD charge?
Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.
CIT Bank does not charge an early withdrawal fee.
| Description | |
|---|---|
| No Early Withdrawal Fee? | Yes |
Contact
- Headquarters
-
2180 S 1300 East, Suite 250
Salt Lake City, UT 84106 USA - (801) 412-6800
- Visit Site
Other Services by CIT Bank
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| No Early Withdrawal Fee | |
| Grace Period for Account Changes | 10 |
Be the first to rate
Would you recommend CIT Bank No-Penalty CD to your friends?
Other CD Accounts
CIT Bank CD Accounts
Minimum Deposit 
APY 
- BMI Federal Credit Union Certificate
- Bank Fund Staff Federal Credit Union High Yield Share Certificate Account
- CapEd Federal Credit Union Share Certificate
- Citizens Bank Online-Only CD
- Citizens Equity First Credit Union Certificate
- Digital Federal Credit Union IRA CD
- Digital Federal Credit Union Regular CD
- MECU Bump-Up CD
- Schools First Federal Credit Union Share Certificate
- Star One Credit Union Certificate Account
- United Nations Federal Credit Union 30-Month Flex Rate Certificate
- iGObanking.com High Yield CD
