Briodirect vs Cit Bank
High-Yield Savings Accounts Comparison
Last Updated: September 5, 2025
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Summary of BrioDirect vs. CIT Bank
As of September 5, 2025 BrioDirect offers an APY of 4.30% for its High-Yield Savings Account, with a minimum balance of $25, compared to CIT Bank's 4.00% APY for its Platinum Savings account, with a minimum balance of $5,000.
BrioDirect yields $30 more than CIT Bank on a $10,000 balance after one year. BrioDirect pays $430, while CIT Bank pays $400 - an APY advantage for BrioDirect.
In addition, CIT Bank also offers 3.90% APY for the Savings Connect account.
BrioDirect
Strengths
- BrioDirect offers a higher APY of 4.30% compared to CIT Bank's highest APY of 4.00%.
- BrioDirect has no maintenance fees on its High-Yield Savings Account.
- BrioDirect's App Store rating is 4.7, slightly lower than CIT Bank's.
Potential Drawbacks
- BrioDirect has a lower BBB rating of B- compared to CIT Bank's A-.
- BrioDirect requires a minimum deposit of $5,000 for its High-Yield Savings Account.
- BrioDirect has no branches available for in-person banking.
CIT Bank
Strengths
- CIT Bank's Platinum Savings has a lower minimum deposit of $100.
- CIT Bank has a higher App Store rating of 4.8 compared to BrioDirect's 4.7.
- CIT Bank's Google Play rating is 4.6, higher than BrioDirect's 4.3.
Potential Drawbacks
- CIT Bank's highest APY is 4.00%, lower than BrioDirect's 4.30%.
- CIT Bank's Platinum Savings has a minimum balance requirement of $5,000.
- CIT Bank has no branches available for in-person banking.
Summary: BrioDirect offers a higher APY of 4.30% for its High-Yield Savings Account, while CIT Bank's highest APY is 4.00%. CIT Bank has a better BBB rating of A- and a lower minimum deposit requirement of $100. Both banks operate online only, with no branches available. Additionally, CIT Bank has slightly higher App Store and Google Play ratings compared to BrioDirect.
Compare BrioDirect's vs CIT Bank's Savings Accounts
| BrioDirect | CIT Bank | |||
|---|---|---|---|---|
| Product | High-Yield Savings Account | vs | Platinum Savings | Savings Connect |
| APY | 4.30% (as of 9/5/2025) | 0.25% - 4.00% (as of 9/5/2025) | 3.90% (as of 9/5/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $5,000 | $100 | $100 | |
| Minimum Balance for APY | $25 | $5,000 | $0 | |
| Maintenance Fee | $0 | $0 | $0 | |
| Direct Deposit Required | No | No | No | |
| App Store Rating | 4.7/5 | 4.8/5 | ||
| Google Play Rating | 4.3/5 | 4.6/5 | ||
| BBB Rating | B- | A- | ||
Comparative Historical APY Insights (Last 9 Months)
| BrioDirect | CIT Bank | |||
|---|---|---|---|---|
| Product | High-Yield Savings Account | vs | Savings Connect | Platinum Savings |
| Latest APY | 4.30 % | 3.90 % | 4.00 % | |
| Trend | Falling | Sideways | Falling | |
| Slope (bps/mo) | -5.4 | -1.8 | -5.3 | |
| Rate Changes / Mo | 0.69 | 0.11 | 0.46 | |
| Days Since Last Change | 108 | 85 | 85 | |
| High (-9 m) | 4.85 % | 4.00 % | 4.55 % | |
| Low (-9 m) | 4.30 % | 3.90 % | 4.00 % | |
| Draw-down from High | -11.3 % | -2.5 % | -12.1 % | |
| Volatility (CV) | 0.032 | 0.012 | 0.033 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-9 m)
- Highest APY in the last 262 days.
- Low (-9 m)
- Lowest APY in the last 262 days.
- Draw-down from High
- How far today sits below the 9-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
Calculate Savings Growth for BrioDirect vs CIT Bank
All calculations are based on APY.
BrioDirect
APY: 4.30%
Total savings breakdown:
- Interest earned: $2,629.4 (12.75%)
- Total contributions: $13,000 (63.02%)
- Initial deposit: $5,000 (24.24%)
Your total balance
$20,629.40
Effective APY: 4.30% (based on your deposit and contributions)
Total balance: $20,629.4
Earnings: $2,629.4
Bank OverviewCIT Bank
APY: 4.00%
Total savings breakdown:
- Interest earned: $2,434.7 (11.91%)
- Total contributions: $13,000 (63.62%)
- Initial deposit: $5,000 (24.47%)
Your total balance
$20,434.70
Effective APY: 4.00% (based on your deposit and contributions)
Total balance: $20,434.7
Earnings: $2,434.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, BrioDirect's total earnings would be $194.7 higher than CIT Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
Compare BrioDirect's APY of 4.30% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| BrioDirect vs Ally Bank | 3.50% | $0 |
| BrioDirect vs American Express | 3.50% | $0 |
| BrioDirect vs Axos Bank | 4.46% | $0 |
| BrioDirect vs Bank of America | 0.01% | $100 |
| BrioDirect vs Barclays | 4.10% | $0 |
| BrioDirect vs Capital One | 3.50% | $0 |
| BrioDirect vs Chase Bank | 0.01% | $0 |
| BrioDirect vs Chime | 3.75% | $0 |
| BrioDirect vs Discover Bank | 3.50% | $0 |
| BrioDirect vs Elevault | 4.60% | $0 |
| BrioDirect vs EverBank | 4.30% | $0 |
| BrioDirect vs Fitness Bank | 4.75% | $100 |
| BrioDirect vs FVCbank | 4.35% | $500 |
| BrioDirect vs GO2bank | 4.50% | $0 |
| BrioDirect vs Marcus by Goldman Sachs | 3.65% | $0 |
| BrioDirect vs Neighbors Bank | 4.60% | $0 |
| BrioDirect vs Newtek Bank | 4.35% | $0 |
| BrioDirect vs Peak Bank | 4.35% | $100 |
| BrioDirect vs Pibank | 4.60% | $0 |
| BrioDirect vs Presidential Bank | 4.50% | $5,000 |
| BrioDirect vs Santander Bank | 0.03% | $25 |
| BrioDirect vs SoFi Bank | 3.80% | $0 |
| BrioDirect vs Synchrony Bank | 3.80% | $0 |
| BrioDirect vs TIMBR | 4.40% | $1,000 |
| BrioDirect vs UFB Direct | 4.21% | $5000 |
| BrioDirect vs Varo Bank | 5.00% | $0 |
| BrioDirect vs Wells Fargo | 2.51% | $25 |
| BrioDirect vs Zynlo Bank | 4.35% | $10 |
Compare CIT Bank's APY of 4.00% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| CIT Bank vs Ally Bank | 3.50% | $0 |
| CIT Bank vs American Express | 3.50% | $0 |
| CIT Bank vs Axos Bank | 4.46% | $0 |
| CIT Bank vs Bank of America | 0.01% | $100 |
| CIT Bank vs Barclays | 4.10% | $0 |
| CIT Bank vs Capital One | 3.50% | $0 |
| CIT Bank vs Chase Bank | 0.01% | $0 |
| CIT Bank vs Chime | 3.75% | $0 |
| CIT Bank vs Discover Bank | 3.50% | $0 |
| CIT Bank vs Elevault | 4.60% | $0 |
| CIT Bank vs EverBank | 4.30% | $0 |
| CIT Bank vs Fitness Bank | 4.75% | $100 |
| CIT Bank vs FVCbank | 4.35% | $500 |
| CIT Bank vs GO2bank | 4.50% | $0 |
| CIT Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| CIT Bank vs Neighbors Bank | 4.60% | $0 |
| CIT Bank vs Newtek Bank | 4.35% | $0 |
| CIT Bank vs Peak Bank | 4.35% | $100 |
| CIT Bank vs Pibank | 4.60% | $0 |
| CIT Bank vs Presidential Bank | 4.50% | $5,000 |
| CIT Bank vs Santander Bank | 0.03% | $25 |
| CIT Bank vs SoFi Bank | 3.80% | $0 |
| CIT Bank vs Synchrony Bank | 3.80% | $0 |
| CIT Bank vs TIMBR | 4.40% | $1,000 |
| CIT Bank vs UFB Direct | 4.21% | $5000 |
| CIT Bank vs Varo Bank | 5.00% | $0 |
| CIT Bank vs Wells Fargo | 2.51% | $25 |
| CIT Bank vs Zynlo Bank | 4.35% | $10 |