The CIT Bank Savings Builder account is a bit complex compared to other savings accounts. It has a tiered system with different APYs that corresponds to how much money you have deposited. Here's how those tiers work: Base tier: Your savings are less than $25,000 and you're not depositing $100 monthly. Upper tier "Monthly Savers": Your savings are less than $25,000, but you're depositing $100 monthly. Upper tier "High Balance Savers": Your savings are $25,000 or more. You don't have to pay monthly maintenance fees regardless of your tier, but only High Balance Savers (those with balances above $25,000) can waive the $10 fee for outgoing wire transfers.