Many banks offer new
customer sign up bonuses from time to time. But not many banks
extend the same offer to current customers. That’s what makes the
CIT Bank bonus offer unique in the current banking landscape.
Bank is currently offering a valuable bonus offer to both new
and current customers. Simply deposit at least $25,000 and you can
earn a $100 sign up bonus. Deposit $50,000 or more, and you can
earn a $200 sign up bonus.
Let’s look at this in more detail, and examine the fine print
(spoiler, if you have the cash available, this is one of the
easiest bank sign up bonuses around).
CIT Bank Sign Up Bonuses – Earn up to $200 Bonus
CIT Bank currently has
two different sign-up bonuses – and both are available to both
new and current customers who apply online and meet the qualifying
$100 or $200 CIT Bank Savings Builder Account Bonus – New
Available to new customers and current customers!
Savings Builder account with a minimum of $100 and
enter the promo code, Bonus20.
- Earn a $100 bonus with a minimum deposit of $25,000 within 15
- Earn a $200 bonus with a deposit of $50,000 or more within 15
- New customers must maintain the minimum balance requirement for
90 calendar days following the end of the 15-day Funding Period to
be eligible for the bonus.
- Offer valid on new Savings Builder accounts opened between
January 16, 2020 and April 16, 2020.
$100 or $200 CIT Bank Savings Builder Account Bonus – Current
the CIT Bank bonus page, and start the promo process.
Enter the promo code, Bonus20.
- Earn a $100 bonus with a minimum deposit of $25,000 in new
funds within 15 days.
- Earn a $200 bonus with a deposit of $50,000 or more in new
funds within 15 days.
- Current customers must maintain the minimum balance requirement
for 30 calendar days following the end of the 15-day Funding Period
to be eligible for the bonus.
- Offer valid for Savings Builder customers who had an account
opened prior to January 16, 2020. Offer expires April 16,
- Customers enrolled in a Savings Builder bonus promotion prior
to January 1, 2020 are not eligible for this promotion.
Why Open an Account with CIT Bank?
CIT Bank offers the following types of accounts: Savings
Accounts, Money Market Accounts, CDs, Mortgages, Small
Business Accounts, and Custodial Accounts.
CIT Bank really shines when it comes to their online savings
accounts, as they feature some of the
highest interest rates in the nation.
That said, CIT Bank doesn’t have any physical locations, and
they do not offer checking
accounts. So their accounts are best used as a separate savings
account for your emergency fund or long-term savings.
More About the CIT Bank Savings Builder Account
The CIT Bank Savings Builder account offers one of the best
interest rates in the industry.
That said, there are some requirements you must meet in order to
earn the highest rates in the Savings Builder Account:
- you must maintain a balance of $25,000, or
- you must maintain a minimum monthly deposit of $100 or
The $100 monthly deposit makes this account attainable for most
CIT Bank Offers Best in Class Savings Accounts
Overall, CIT Bank offers great value if you are looking for a
bank that offers some of the highest interest rates in the nation.
Again, CIT Bank isn’t a full-service bank, meaning they don’t
offer checking accounts, credit cards, and certain types of
But if you are primarily looking for a great online bank to
store your cash savings, then CIT Bank is definitely worth a look.
Especially with the current sign up bonus.
You can learn more about CIT
Bank in our full review, or you can visit their website.