High-Yield Savings Account Comparison

Affirm vs. CIT Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 10, 2025

Affirm

Affirm Money Account

3.60%
APY
Dec 10, 2025
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 58410)
EligibilityUnited States
Mobile Ratings
iOS:4.9Android:4.8
BBB Rating
A+(BBB Accredited)

Important Note

While Affirm is not a bank, it is FDIC-insured through partner Cross River Bank.

Rate Stability

Rate Adjusted
-0.25%
Since 90 days ago
Read Bank Overview

CIT Bank

Platinum Savings

Up to
3.75%
APY
Dec 10, 2025
FDIC InsuredMod. MinimumGreat iOS AppGreat Android App
Range: 0.25% – 3.75%
Show Fine Print & Trends
Min. Deposit$100
Min. Balance$5,000
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 11063)
EligibilityUnited States
Mobile Ratings
iOS:4.8Android:4.3
BBB Rating
A-(Not BBB Accredited (Information provided is for First Citizens Bank & Trust Company))

Rate Stability

30 days
↘︎ 0.10%
90 days
↘︎ 0.25%
Read Bank Overview

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.

See Top Rates

Affirm vs. CIT Bank Savings Calculator

Calculations based on current APY for Affirm Money Account and Platinum Savings
$
$

CIT Bank earns $96 more than Affirm.

Affirm

Affirm Money Account

3.60% APY

Savings Breakdown

  • Interest Earned
    +$2,177.80(10.8%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,177.80

Effective APY
3.60%
View Details

CIT Bank

Platinum Savings

3.75% APY

Savings Breakdown

  • Interest Earned
    +$2,273.80(11.2%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,273.80

Effective APY
3.75%
View Details

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Comparison Analysis

Comparing Affirm vs. CIT Bank

Updated: Dec 10, 2025

Why Affirm?

  • ✓Higher rated Android app (4.8 vs 4.3)

Why CIT Bank?

  • ✓Higher potential APY (3.65%-3.75% vs 3.60%)
  • ✓Offers 2 different high-yield savings options

— Key Feature Differences —

Better Returns at $10,000
CIT Bank

CIT Bank's Platinum Savings earns more on smaller deposits (approx. $375 vs $360/yr).

Better Returns at $25,000
CIT Bank

CIT Bank's Platinum Savings pulls ahead with larger amounts (approx. $938 vs $900/yr).

Shared Benefits

Both offer monthly maintenance-free account options Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, CIT Bank's Platinum Savings pays $15 more interest on a $10,000 balance than Affirm's Affirm Money Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

AffirmCIT Bank
Automated Data Audit

Executive Summary

CIT Bank offers a competitive Platinum Savings account with an APY of 3.75%, making it the winner in this comparison. This account requires a minimum deposit of $100 and a minimum balance of $5,000, but it has no maintenance fees and compounds daily. In contrast, Affirm's Money Account provides an APY of 3.60% with no minimum deposit or balance requirements, though it is an online-only product and is FDIC-insured through a partner bank. Both accounts do not require direct deposit, but CIT Bank's higher APY offers better returns, especially for larger deposits.

Analysis generated based on current Banksparency database records

* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.

ExploreAffirmExploreCIT Bank

Top Market Contenders

See who beats both Affirm and CIT Bank.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.85% vs CIT Bank
Better Rate
Pibank vs AffirmPibank vs CIT Bank
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.56% vs CIT Bank
Better Rate
Axos Bank vs AffirmAxos Bank vs CIT Bank
TIMBR
Premium Savings Account
FDIC InsuredLow Minimums
4.40% APY
+0.65% vs CIT Bank
Better Rate
TIMBR vs AffirmTIMBR vs CIT Bank
FeatureAffirmCIT Bank
APY
3.60%
Verified: 12/10/2025
↘︎ 0.25%90d Change
3.75%
Range: 0.25% - 3.75%
Verified: 12/10/2025
↘︎ 0.25%90d Change
Product NameAffirm Money AccountPlatinum Savings
Minimum Deposit$0$100
Min. Balance for APY$0$5,000
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.8
iOS4.8
Android4.3
BBB RatingA+A-
Important NotesWhile Affirm is not a bank, it is FDIC-insured through partner Cross River Bank.-
Next Steps
- View Details
- View Details

📈 Compare Savings Rates Over Time

Historical Performance

Last 11 Months Analysis
MetricAffirmCIT Bank
Affirm Money AccountSavings ConnectPlatinum Savings
Current APY
3.60%3.65%3.75%
Trend
 Stable Stable Stable
Velocity (bps/mo)
-2.7-3.4-5.0
Days Since Change
752020
11-Month High
3.85%4.00%4.35%
11-Month Low
3.60%3.65%3.75%
Adjustments / Mo
0.090.280.46
Volatility Score
0.0300.0310.042
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 323-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Compare Similar High-Yield Accounts

Compare Affirm vs...

Comparing against Standard Savings

vs Affirm
PibankNo Bundle Req
4.60%
APY
vs Affirm
TIMBRNo Bundle Req
4.40%
APY
vs Affirm
Newtek BankNo Bundle Req
4.35%
APY

Compare CIT Bank vs...

Comparing against Standard Savings

vs CIT Bank
PibankNo Bundle Req
4.60%
APY
vs CIT Bank
TIMBRNo Bundle Req
4.40%
APY
vs CIT Bank
Newtek BankNo Bundle Req
4.35%
APY

Higher Rates (With Checking)

Looking for something different? Check out these top-rated alternatives.

Checking Bundle
Axos Bank View Details
4.31%
APY
Checking Bundle
SoFi Bank View Details
4.30%
APY
Checking Bundle
Presidential Bank View Details
4.00%
APY

More Comparisons

Compare Affirm's APY of 3.60% with other banks
Bank PairCompetitor APYMin Deposit
Affirm vs Ally Bank3.30%$0
Affirm vs American Express3.40%$0
Affirm vs Axos Bank4.31%$0
Affirm vs Bank of America0.01%$100
Affirm vs Barclays4.00%$0
Affirm vs Bask Bank3.90%$0
Affirm vs Betterment3.50%$10
Affirm vs BMO Alto3.25%$0
Affirm vs Bread Savings4.10%$100
Affirm vs BrioDirect4.00%$5,000
Affirm vs Capital One3.40%$0
Affirm vs Charles Schwab Bank0.15%$0
Affirm vs Chase Bank0.01%$0
Affirm vs Chime3.50%$0
Affirm vs Citibank3.30%$0
Affirm vs Citizens Access™3.15%$0.01
Affirm vs Climate First Bank4.21%$50
Affirm vs Discover Bank3.40%$0
Affirm vs E*TRADE from Morgan Stanley3.75%$0
Affirm vs Elevault4.08%$0
Affirm vs EverBank4.05%$0
Affirm vs Fitness Bank4.75%$100
Affirm vs FNBO Direct3.00%$1
Affirm vs Forbright Bank4.00%$0
Affirm vs FVCbank3.85%$500
Affirm vs GO2bank4.50%$0
Affirm vs Ivy Bank4.25%$2,500
Affirm vs LendingClub4.20%$0
Affirm vs Marcus by Goldman Sachs3.65%$0
Affirm vs Neighbors Bank4.30%$0
Affirm vs Newtek Bank4.35%$0.01
Affirm vs Openbank4.20%$500
Affirm vs Peak Bank4.20%$100
Affirm vs Pibank4.60%$0
Affirm vs PNC3.53%$0
Affirm vs Presidential Bank4.00%$5,000
Affirm vs Quontic Bank3.75%$100
Affirm vs Salem Five Direct3.71%$10
Affirm vs Sallie Mae Bank3.90%$0
Affirm vs Santander Bank0.01%$25
Affirm vs SoFi Bank4.30%$0
Affirm vs Synchrony Bank3.65%$0
Affirm vs TD Bank2.75%$0
Affirm vs TIMBR4.40%$1,000
Affirm vs UFB Direct3.71%$5000
Affirm vs Upgrade3.05%$0
Affirm vs Valley Direct4.10%$1,000
Affirm vs Varo Bank5.00%$0
Affirm vs Vio Bank4.16%$100
Affirm vs Wealthfront4.15%$0
Affirm vs Wells Fargo0.05%$25
Affirm vs Zynlo Bank4.05%$10
Compare CIT Bank's APY of 3.75% with other banks
Bank PairCompetitor APYMin Deposit
CIT Bank vs Ally Bank3.30%$0
CIT Bank vs American Express3.40%$0
CIT Bank vs Axos Bank4.31%$0
CIT Bank vs Bank of America0.01%$100
CIT Bank vs Barclays4.00%$0
CIT Bank vs Bask Bank3.90%$0
CIT Bank vs Betterment3.50%$10
CIT Bank vs BMO Alto3.25%$0
CIT Bank vs Bread Savings4.10%$100
CIT Bank vs BrioDirect4.00%$5,000
CIT Bank vs Capital One3.40%$0
CIT Bank vs Charles Schwab Bank0.15%$0
CIT Bank vs Chase Bank0.01%$0
CIT Bank vs Chime3.50%$0
CIT Bank vs Citibank3.30%$0
CIT Bank vs Citizens Access™3.15%$0.01
CIT Bank vs Climate First Bank4.21%$50
CIT Bank vs Discover Bank3.40%$0
CIT Bank vs E*TRADE from Morgan Stanley3.75%$0
CIT Bank vs Elevault4.08%$0
CIT Bank vs EverBank4.05%$0
CIT Bank vs Fitness Bank4.75%$100
CIT Bank vs FNBO Direct3.00%$1
CIT Bank vs Forbright Bank4.00%$0
CIT Bank vs FVCbank3.85%$500
CIT Bank vs GO2bank4.50%$0
CIT Bank vs Ivy Bank4.25%$2,500
CIT Bank vs LendingClub4.20%$0
CIT Bank vs Marcus by Goldman Sachs3.65%$0
CIT Bank vs Neighbors Bank4.30%$0
CIT Bank vs Newtek Bank4.35%$0.01
CIT Bank vs Openbank4.20%$500
CIT Bank vs Peak Bank4.20%$100
CIT Bank vs Pibank4.60%$0
CIT Bank vs PNC3.53%$0
CIT Bank vs Presidential Bank4.00%$5,000
CIT Bank vs Quontic Bank3.75%$100
CIT Bank vs Salem Five Direct3.71%$10
CIT Bank vs Sallie Mae Bank3.90%$0
CIT Bank vs Santander Bank0.01%$25
CIT Bank vs SoFi Bank4.30%$0
CIT Bank vs Synchrony Bank3.65%$0
CIT Bank vs TD Bank2.75%$0
CIT Bank vs TIMBR4.40%$1,000
CIT Bank vs UFB Direct3.71%$5000
CIT Bank vs Upgrade3.05%$0
CIT Bank vs Valley Direct4.10%$1,000
CIT Bank vs Varo Bank5.00%$0
CIT Bank vs Vio Bank4.16%$100
CIT Bank vs Wealthfront4.15%$0
CIT Bank vs Wells Fargo0.05%$25
CIT Bank vs Zynlo Bank4.05%$10