Capital One vs. CIT Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Capital One
360 Performance Savings
3.40%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Capital One
360 Performance Savings
CIT Bank
Platinum Savings
Up to3.75%APYDec 6, 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.
Comparison Analysis
Comparing Capital One vs. CIT Bank
Why Capital One?
- ✓Physical branch access (Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C.)
Why CIT Bank?
- ✓Higher potential APY (3.65%-3.75% vs 3.40%)
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
CIT BankCIT Bank's Platinum Savings earns more on smaller deposits (approx. $375 vs $340/yr).
Better Returns at $25,000
CIT BankCIT Bank's Platinum Savings pulls ahead with larger amounts (approx. $938 vs $850/yr).
Best for Simplicity
CIT BankCIT Bank's Savings Connect offers 3.65% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, CIT Bank's Platinum Savings pays $35 more interest on a $10,000 balance than Capital One's 360 Performance Savings.
Executive Summary
CIT Bank offers the superior Platinum Savings account with an APY of 3.75%, making it the top choice for savers, especially for those with larger deposits. 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 comparison, Capital One's 360 Performance Savings account offers a lower APY of 3.40% with no minimum deposit or balance requirements, and it compounds monthly. Both accounts do not require direct deposit, but CIT Bank's Platinum Savings stands out for higher returns on savings.
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 Capital One and CIT Bank.
| Feature | Capital One | CIT Bank |
|---|---|---|
| APY | 3.40% Verified: 12/6/2025 ↘︎ 0.10%90d Change | 3.75% Range: 0.25% - 3.75% Verified: 12/6/2025 ↘︎ 0.25%90d Change |
| Product Name | 360 Performance Savings | Platinum Savings |
| Minimum Deposit | $0 | $100 |
| Min. Balance for APY | $0 | $5,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.5 | iOS4.8 Android4.3 |
| BBB Rating | A+ | A- |
| Next Steps |
Savings Comparison
CIT Bank earns $223.3 more than Capital One.
Capital One
360 Performance Savings
Savings Breakdown
- Interest Earned+$2,050.50(10.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,050.50
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.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Capital One | CIT Bank | |
|---|---|---|---|
| 360 Performance Savings | Savings Connect | Platinum Savings | |
Current APY | 3.40% | 3.65% | 3.75% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -3.6 | -3.3 | -5.0 |
Days Since Change | 66 | 16 | 16 |
10-Month High | 3.80% | 4.00% | 4.35% |
10-Month Low | 3.40% | 3.65% | 3.75% |
Adjustments / Mo | 0.38 | 0.28 | 0.47 |
Volatility Score | 0.033 | 0.030 | 0.041 |
How to read these metrics(Click to expand)
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