Summary: A division of First Citizens Bank, CIT Bank operates exclusively online. It offers a variety of personal and commercial banking products and services. CIT Bank was ranked as one of our top 10 online banks for 2025. See our full ranking of the 10 best online banks>> CIT Bank product overview Platinum Savings CIT’s Platinum Savings account currently offers 0.25% APY on balances of less than $5,000, and 3.85% APY on balances of $5,000 or more. The minimum opening deposit for this account is $100 a ...