Bread Savings vs. CIT Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Bread Savings
High-Yield Savings Account
4.10%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Bread Savings
High-Yield Savings Account
CIT Bank
Platinum Savings
Up to3.75%APYDec 10, 2025FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppRange: 0.25% – 3.75%Show Fine Print & Trends Hide Details
CIT Bank
Platinum Savings
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.
Bread Savings vs. CIT Bank Savings Calculator
Bread Savings earns $225.6 more than CIT Bank.
Bread Savings
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,499.40(12.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,499.40
CIT Bank
Platinum Savings
Savings Breakdown
- Interest Earned+$2,273.80(11.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,273.80
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Bread Savings vs. CIT Bank
Why Bread Savings?
- ✓Higher potential APY (4.10% vs 3.65%-3.75%) on all balances
Why CIT Bank?
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
Bread SavingsBread Savings's High-Yield Savings Account earns more on smaller deposits (approx. $410 vs $375/yr).
Better Returns at $25,000
Bread SavingsBread Savings's High-Yield Savings Account pulls ahead with larger amounts (approx. $1025 vs $938/yr).
Best for Simplicity
Bread SavingsBread Savings's High-Yield Savings Account offers 4.10% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Bread Savings's High-Yield Savings Account pays $35 more interest on a $10,000 balance than CIT Bank's Platinum Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Bread Savings offers a High-Yield Savings Account with a competitive APY of 4.10%, making it the preferred choice for savers, especially with no direct deposit requirement and a low minimum deposit of $100. This account is ideal for those seeking better returns on smaller deposits as well as larger amounts, with estimated earnings of approximately $410 annually at $10,000 and $1,025 at $25,000. In comparison, CIT Bank's Platinum Savings Account provides a lower APY of 3.75%, although it also requires a minimum balance of $5,000. Both banks operate online only, ensuring easy access to their savings products.
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.
Top Market Contenders
See who beats both Bread Savings and CIT Bank.
| Feature | Bread Savings | CIT Bank |
|---|---|---|
| APY | 4.10% Verified: 12/10/2025 ↘︎ 0.15%90d Change | 3.75% Range: 0.25% - 3.75% Verified: 12/10/2025 ↘︎ 0.25%90d Change |
| Product Name | High-Yield Savings Account | Platinum Savings |
| Minimum Deposit | $100 | $100 |
| Min. Balance for APY | $0 | $5,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.5 | iOS4.8 Android4.3 |
| BBB Rating | A+ | A- |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bread Savings | CIT Bank | |
|---|---|---|---|
| High-Yield Savings Account | Savings Connect | Platinum Savings | |
Current APY | 4.10% | 3.65% | 3.75% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.7 | -3.3 | -5.1 |
Days Since Change | 5 | 20 | 20 |
12-Month High | 4.60% | 4.00% | 4.55% |
12-Month Low | 4.10% | 3.65% | 3.75% |
Adjustments / Mo | 0.67 | 0.25 | 0.50 |
Volatility Score | 0.022 | 0.031 | 0.045 |
How to read these metrics(Click to expand)
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