Briodirect vs. Cit Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of BrioDirect vs. CIT Bank
Key Metrics at a Glance
| Feature | BrioDirect | CIT Bank |
|---|---|---|
| Top Savings APY | 4.20% High-Yield Savings Account | 3.85% Platinum Savings |
| Minimum to Open | $5,000 | $100 |
| Minimum Balance for Top APY | $25 | $5,000 |
BrioDirect
Strengths
- BrioDirect offers a higher APY of 4.20% compared to CIT Bank's highest APY of 3.85%.
- BrioDirect has no maintenance fees for its High-Yield Savings Account.
- BrioDirect's App Store rating is 4.7, slightly lower than CIT Bank's 4.8.
Potential Drawbacks
- BrioDirect's APY decreased from 4.30% to 4.20% over the last 30 days.
- 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.
CIT Bank
Strengths
- CIT Bank offers multiple savings accounts, including the Platinum Savings and Savings Connect.
- CIT Bank's BBB rating is A-, indicating better trustworthiness than BrioDirect.
- CIT Bank has a higher App Store rating of 4.8 compared to BrioDirect's 4.7.
Potential Drawbacks
- CIT Bank's highest APY is 3.85%, which is lower than BrioDirect's 4.20%.
- CIT Bank's APY for the Platinum Savings account decreased from 4.00% to 3.85% recently.
- CIT Bank requires a minimum deposit of $100 for its savings accounts.
→ As of October 21, 2025 BrioDirect offers an APY of 4.20% for its High-Yield Savings Account, with a minimum balance of $25, compared to CIT Bank's 3.85% APY for its Platinum Savings account, with a minimum balance of $5,000.
→ BrioDirect yields $35 more than CIT Bank on a $10,000 balance after one year. BrioDirect pays $420, while CIT Bank pays $385 - an APY advantage for BrioDirect.
→ In addition, CIT Bank also offers 3.75% APY for the Savings Connect account.
Calculate Savings Growth for BrioDirect vs CIT Bank
BrioDirect - High-Yield Savings Account
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewCIT Bank - Platinum Savings
Total savings breakdown:
- Interest earned: $2,338 (11.50%)
- Total contributions: $13,000 (63.92%)
- Initial deposit: $5,000 (24.58%)
Your total balance
$20,338.00
Total balance: $20,338
Earnings: $2,338
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, BrioDirect's total earnings would be $226.3 higher than CIT Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare BrioDirect's vs CIT Bank's Savings Accounts
| BrioDirect | CIT Bank | |||
|---|---|---|---|---|
| Product | High-Yield Savings Account | vs | Platinum Savings | Savings Connect |
| APY | 4.20% (as of 10/21/2025) | 0.25% - 3.85% (as of 10/21/2025) | 3.75% (as of 10/21/2025) | |
| 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 | 4.3/5 | ||
| BBB Rating | B- | A- | ||
Comparative Historical APY Insights (Last 10 Months)
| BrioDirect | CIT Bank | |||
|---|---|---|---|---|
| Product | High-Yield Savings Account | vs | Savings Connect | Platinum Savings |
| Latest APY | 4.20 % | 3.75 % | 3.85 % | |
| Trend | Sideways | Sideways | Falling | |
| Slope (bps/mo) | -4.6 | -2.5 | -5.1 | |
| Rate Changes / Mo | 0.68 | 0.19 | 0.49 | |
| Days Since Last Change | 14 | 28 | 28 | |
| High (-10 m) | 4.85 % | 4.00 % | 4.55 % | |
| Low (-10 m) | 4.20 % | 3.75 % | 3.85 % | |
| Draw-down from High | -13.4 % | -6.3 % | -15.4 % | |
| Volatility (CV) | 0.033 | 0.020 | 0.038 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 10 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 (-10 m)
- Highest APY in the last 308 days.
- Low (-10 m)
- Lowest APY in the last 308 days.
- Draw-down from High
- How far today sits below the 10-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.