How often is the interest paid on CIT Platinum Savings?

Answered on : 2024-01-23

Sources

Platinum Savings Account

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Platinum Savings

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Savings Account Options

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Answer

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The interest on CIT Platinum Savings is paid based on the Annual Percentage Yield (APY) mentioned in the account details. As of July 27, 2023, the APY is 0.25% on balances of $0.01 to $4,999.99 and 5.05% on balances of $5,000.00 or more[1]. The frequency of interest payments is not explicitly mentioned in the provided search results.

For specific details on the interest payment frequency, it is recommended to contact CIT Bank directly or refer to the account terms and conditions. Customer service or the official CIT Bank website can provide the most accurate and up-to-date information on interest payment schedules.

Reference:

1. Platinum Savings Account APYs