Wealthy PotCIT Bank CD Rates (2026)
CIT Bank is worth a look mainly for its no-penalty 11-month CD and its pairing with a competitive high-yield savings account. Its standard term-CD rates are usually mid-pack, so compare before locking in.
By Wealthy Pot · Last updated September 2026
CIT Bank CD rates by term
| Term | APY |
|---|---|
| 6-month | 3.75% |
| 1-year | 4.00% |
Pros
- Offers an 11-month no-penalty CD
- Term CDs plus a strong HYSA in one place
- No monthly fees
Cons
- A $1,000 minimum
- Term-CD rates often trail the leaders
- A more utilitarian experience
Who CIT Bank CDs are for
Best for savers who want a no-penalty CD or who already use CIT for savings and can meet the $1,000 minimum.
Rates, minimum & penalties
CIT Bank requires a $1,000 minimum deposit to open a CD. The early-withdrawal penalty is see cit’s deposit account agreement (not published on the cd page). CIT Bank also offers a no-penalty CD: 11-month no-penalty CD (3.90% APY). FDIC-insured (First-Citizens Bank & Trust Company). CD APYs are fixed once you open but change for new CDs frequently, confirm the current rate on the official site.
The bottom line
CIT Bank is worth a look mainly for its no-penalty 11-month CD and its pairing with a competitive high-yield savings account. Its standard term-CD rates are usually mid-pack, so compare before locking in. Main drawback: a $1,000 minimum; no 3- or 5-year cds (lineup tops out at 18 months).
See how CIT Bank stacks up in our best CD rates comparison, or compare liquid options in our high-yield savings guide.
We summarize each bank's published CD terms, not user reviews. CD APYs are fixed for the term but reprice for new CDs often; figures are re-checked against each bank's official page. CDs are FDIC-insured to legal limits. Some outbound links may be affiliate links — that never affects which banks we include or how we rate them. Nothing here is financial advice.