Our verdict
The CIT Savings Connect account offers an impressive 4.65% APY on your entire balance. This makes it one of the top savings accounts on the market, with only a few competitors able to match such a strong rate. As an online savings account you get a strong rate and no monthly fees. But you can't deposit cash at a physical location, so you'll need to be comfortable depositing and managing your funds online or through your mobile device.Best for: Consumers looking for an online savings account with a high APY.
- High 4.65% APY
- No monthly transaction limit
- $100 minimum deposit
- Can't deposit cash or checks