The Savings Builder account stands out for its minimal requirements and for having one of the highest rates of interest in the country. And in addition to the following benefits, you can sign up in under 10 minutes online.
Fee-free. The bank doesn't charge opening, monthly, maintenance, online transfer fees or incoming wire fees — though you'll pay $10 for each outgoing wire.
Low requirements to high APY. Get the highest APY by maintaining a $25,000 account balance or depositing at least $100 in your account each month. As a bonus, new customers automatically earn the 0.75% APY for the first month.
Multiple linked accounts. Link your Savings Builder account to up to 10 external bank accounts.
Range of deposit methods. Transfer or wire money to your account, mail in checks or upload checks through the CIT Bank app.