When you want to save money, CIT Bank makes it straightforward. The easiest way is by opening a high-yield savings account. This type of account pays you a much higher interest rate than most traditional banks, which means your money grows faster just by sitting in the account. Another simple method is using their Certificates of Deposit (CDs), which offer guaranteed, fixed rates for locking your money away for a set period. You can start saving with very little money, making it accessible for almost everyone.
CIT Bank is not a traditional store, so they don't have seasonal sales on products. Instead, the "best time to shop" is when their savings rates are highest. Banks frequently adjust their Annual Percentage Yields (APYs) based on the broader economy. The best strategy is to keep an eye on their website regularly, as they often promote their best rates for new customers opening accounts. Locking in a high rate with a CD when you see one is a smart move, as it guarantees that return for the full term.
CIT Bank focuses on savings and CD accounts, so they don't operate a traditional points-based rewards program like a retail store. Their "reward" is the competitive interest rate they pay you on your deposits. To get the most
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