Cit Bank vs Fitness Bank
High-Yield Savings Accounts Comparison
Last Updated: September 16, 2025
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Summary of CIT Bank vs. Fitness Bank
As of September 16, 2025 CIT Bank offers an APY of 4.00% for its Platinum Savings account, with a minimum balance of $5,000, compared to Fitness Bank's 4.75% APY for its Fitness Elite Checking & Fitness Savings Combo account, with a minimum balance of $100.
Fitness Bank yields $75 more than CIT Bank on a $10,000 balance after one year. CIT Bank pays $400, while Fitness Bank pays $475 - an APY advantage for Fitness Bank.
In addition, CIT Bank also offers 3.90% APY for the Savings Connect account, while Fitness Bank offers 4.45% APY for the Fitness Savings Account account.
CIT Bank
Strengths
- CIT Bank offers a Platinum Savings account with a competitive APY of 4.00%.
- CIT Bank has a higher App Store rating of 4.8 compared to Fitness Bank's 1.7.
- CIT Bank has no maintenance fees for its savings accounts.
Potential Drawbacks
- CIT Bank's Platinum Savings requires a minimum balance of $5,000 to earn the APY.
- CIT Bank is not BBB accredited, with a rating of A-.
Fitness Bank
Strengths
- Fitness Bank's Fitness Elite Checking & Savings Combo offers a higher APY of 4.75%.
- Fitness Bank has a BBB rating of A+, indicating strong trustworthiness.
Potential Drawbacks
- Fitness Bank's APY decreased from 4.85% to 4.75% in the last 30 days.
- Fitness Bank has a low Google Play rating of 0.0, indicating potential issues.
Summary: CIT Bank offers a solid 4.00% APY with no maintenance fees, but requires a $5,000 balance for its top savings account. In contrast, Fitness Bank provides a higher 4.75% APY, though it recently decreased and has tiered requirements. Fitness Bank also boasts an A+ BBB rating, while CIT Bank is not accredited. However, CIT Bank has better app ratings, suggesting a more positive user experience.
Compare CIT Bank's vs Fitness Bank's Savings Accounts
| CIT Bank | Fitness Bank | ||||
|---|---|---|---|---|---|
| Product | Platinum Savings | Savings Connect | vs | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo |
| APY | 0.25% - 4.00% (as of 9/16/2025) | 3.90% (as of 9/16/2025) | 4.45% (as of 9/16/2025) | 4.75% (as of 9/16/2025) | |
| Bundled Account | No | No | No | Yes | |
| FDIC-insured | Yes | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | Daily | |
| Minimum Deposit | $100 | $100 | $100 | $100 | |
| Minimum Balance for APY | $5,000 | $0 | $100 | $100 | |
| Maintenance Fee | $0 | $0 | $10. Waived for average daily balances > $100 | $10. Waived for average daily balances > $100 | |
| Direct Deposit Required | No | No | No | No | |
| Note | This is a tiered account. To earn the highest tier you must track at least 12,500 avg. daily steps using the FitnessBank Step Tracker app as well as maintain a balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | |||
| App Store Rating | 4.8/5 | 1.7/5 | |||
| Google Play Rating | 4.6/5 | No | |||
| BBB Rating | A- | A+ | |||
Comparative Historical APY Insights (Last 6 Months)
| CIT Bank | Fitness Bank | ||||
|---|---|---|---|---|---|
| Product | Savings Connect | Platinum Savings | vs | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account |
| Latest APY | 3.90 % | 4.00 % | 4.75 % | 4.45 % | |
| Trend | Sideways | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -2.4 | -2.9 | -3.4 | -1.3 | |
| Rate Changes / Mo | 0.16 | 0.33 | 0.33 | 0.33 | |
| Days Since Last Change | 96 | 96 | 13 | 13 | |
| High (-6 m) | 4.00 % | 4.30 % | 5.00 % | 4.55 % | |
| Low (-6 m) | 3.90 % | 4.00 % | 4.75 % | 4.45 % | |
| Draw-down from High | -2.5 % | -7.0 % | -5.0 % | -2.2 % | |
| Volatility (CV) | 0.013 | 0.015 | 0.016 | 0.007 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 6 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 (-6 m)
- Highest APY in the last 184 days.
- Low (-6 m)
- Lowest APY in the last 184 days.
- Draw-down from High
- How far today sits below the 6-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 CIT Bank vs Fitness Bank
All calculations are based on APY.
CIT 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 OverviewFitness Bank
APY: 4.75%
Total savings breakdown:
- Interest earned: $2,924.7 (13.98%)
- Total contributions: $13,000 (62.13%)
- Initial deposit: $5,000 (23.90%)
Your total balance
$20,924.70
Effective APY: 4.75% (based on your deposit and contributions)
Total balance: $20,924.7
Earnings: $2,924.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, CIT Bank's total earnings would be $490 lower than Fitness Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
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 BrioDirect | 4.30% | $5,000 |
| 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 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 | 4.50% | $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 |