CIT Financial institution has a brand new limited-time $225/$300 Platinum Financial savings deposit bonus.1 The bonus will depend on deposit quantity, and it’s open to each new and current prospects*. Importantly, the bonus is along with the rate of interest, at present a aggressive 3.85 APY2 (as of 9/23/25) with a stability of $5,000 or extra. There’s a minimal $100 deposit to open a brand new account.
* Vital be aware: The nice print states: “Clients who beforehand participated within the PS2025 promotion and acquired the related bonus usually are not eligible to take part within the PS2025 promotion once more.” This was an earlier promotion from round March 2025.
New deposit bonus particulars. For brand new prospects, you have to first open a brand new account with no less than $100 and promo code PS2025 at this particular supply hyperlink. You’ll get a number of confirmations that you’re enrolled within the promo through the utility course of.
If you have already got an CIT Financial institution current account, you continue to have to first formally enroll on this supply by way of the “Begin financial savings now” button after which logging into your CIT Checking account. When you’ve got different forms of CIT Financial institution accounts already, however have to open a brand new Platinum Financial savings account, you are able to do that simply as properly.
There are solely two tiers for the bonus, both $25,000 or $50,000. Qualifying funds should come from an account exterior of CIT Financial institution. (Transfers from current CIT Financial institution accounts won’t qualify for this promotion.)
- A brand new deposit of $25,000 to $49,999 inside 30 calendar days of your open/enrollment date will get you a $225 money bonus.
- A brand new deposit of $50,000+ inside 30 calendar days of your open/enrollment date will get you a $300 money bonus.
There’s a restrict of 1 Platinum Financial savings promotional supply per account and per Major buyer. If a number of Platinum Financial savings accounts are opened, just one account per main account proprietor is eligible.
All prospects who qualify for the $225 or $300 bonus supply will obtain the bonus within the enrolled Platinum Financial savings account inside 60 days after the 30-day funding interval. The enrolled Platinum Financial savings account have to be open on the time of the bonus fee to qualify. You’ll be able to fund or in a number of transfers, it simply must be accomplished inside the 30-day window.
Observe that there isn’t a minimal holding interval. You simply have to fund inside the 30-day interval after your opening/enrollment date. After that preliminary 30-day interval, your account simply must be open on the time of the bonus fee, which is one other 60 days after the 30-day mark. You should not have to take care of the stability throughout these further 60 days, though you can select to maintain it there till the bonus arrives.
Efficient APY tough numbers. The dearth of minimal holding interval makes the potential efficient APY theoretically sky-high. For the sake of tough numbers, in the event you assume you retain the cash there for 30 days, listed here are the efficient rates of interest you can get as both a brand new or current buyer:
- For a brand new/current buyer incomes the $225 bonus on $25,000 in new deposits with a 30-day maintain interval, which additionally qualifies you for the present 3.85% APY tier, that works out to a complete 14.65% APY for 30 days (10.8 + 3.85).
- For a brand new/current buyer incomes the $300 bonus on $50,000 in new deposits with a 30-day maintain interval, which additionally qualifies you for the present 3.85% APY tier, that works out to a complete 11.05% APY for 30 days (7.2 + 3.85).
You’ll be able to see that the $25k tier works out to be a better proportion, however you get extra absolute cash in case you have sufficient fund for the $50k tier.
The Platinum Financial savings account has no minimal stability charges, no month-to-month service charges, no inactivity charge. Nevertheless, be sure to preserve $5,000 in there to qualify for the very best rate of interest tier.
Backside line. CIT Financial institution has actually good limited-time deposit bonuses sometimes, and fortunately they’re additionally normally obtainable to current prospects. Proper now’s a kind of occasions, with a brand new as much as $300 Platinum Financial savings deposit bonus and it’s certainly open to each new and current prospects. The bonus is on high of the rate of interest, at present 3.85% APY (as of 9/23/25) with a stability of $5,000 or extra.
This supply is for a limited-time solely, they usually could finish it at any time.
1Official promotion disclosure:
This limited-time supply to qualify for a $225 money bonus with a minimal deposit of $25,000 or a $300 bonus with a minimal deposit of $50,000 is on the market to New and Present Clients who meet the Platinum Financial savings promotion standards. The Promotion begins on September 9, 2025, and may finish at any time with out discover. Clients will obtain a $225 or a $300 bonus offered that this system necessities are met. Click on right here to see promotion particulars and
phrases.
2APY disclosure:
Platinum Financial savings is a tiered rate of interest account. Curiosity is paid on the whole account stability primarily based on the rate of interest and APY in impact that day for the stability tier related to the end-of-day account stability. *APYs — Annual Proportion Yields are correct as of September 23, 2025: 0.25% APY on balances of $0.01 to $4,999.99; 3.85% APY on balances of $5,000.00 or extra. Curiosity Charges for the Platinum Financial savings account are variable and will change at any time with out discover. The minimal to open a Platinum Financial savings account is $100.