Savings rates have been moving up and CIT Bank’s Premier High Yield Savings Account is one of the nationally-available savings accounts that has been keeping pace with the leaders. On January 3rd, CIT raised the rate on their Premier High Yield Savings from 1.35% (for balances up to $250K; 1.3% above $250K) to 1.55% […]
Rates keep moving up and rate leaders keep changing. December brought another lead change for the best nationally-available savings account rate. At the time of writing the king is Colorado Federal Savings Bank with their Premium Savings account that earns 1.65% but requires a minimum deposit of $50,000. For deposit amounts under $50K, their High […]
Update: Since this was posted, the rate on CIT’s 11-Month, No-Penalty CD has been raised to 1.85% and the rate on the top tier of Ally’s 11-Month, No-Penalty CD has been lowered to 1.5%. So, as of March 2nd, 2018, CIT has a commanding lead in this product space. I just wrote about how […]
Update: Since this was posted, the rate on CIT’s 11-Month, No-Penalty CD has been raised to 1.85% and the rate on the top tier of Ally’s 11-Month, No-Penalty CD has been lowered to 1.5%. So, as of March 2nd, 2018, CIT has a commanding lead in this product space. Back in November, we reported […]