Cit Bank vs. Fitness Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 1, 2025
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Summary of CIT Bank vs. Fitness Bank
Key Metrics at a Glance
| Feature | CIT Bank | Fitness Bank |
|---|---|---|
| Top Savings APY | 3.85% Platinum Savings | 4.75% Fitness Elite Checking & Fitness Savings Combo |
| Minimum to Open | $100 | $100 |
| Minimum Balance for Top APY | $5,000 | $100 |
| Note | 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. |
CIT Bank
Strengths
- CIT Bank offers a Platinum Savings account with a competitive APY of 3.85%.
- CIT Bank has a high App Store rating of 4.8.
- CIT Bank's Platinum Savings account has no maintenance fees.
Potential Drawbacks
- CIT Bank's BBB rating is A- and it is not BBB accredited.
- CIT Bank requires a minimum balance of $5,000 for its highest APY.
- CIT Bank has no branches for in-person banking.
Fitness Bank
Strengths
- Fitness Bank offers a higher APY of 4.75% for its Fitness Elite Checking & Savings Combo.
- Fitness Bank has an A+ BBB rating, indicating strong trustworthiness.
- Fitness Bank has a lower minimum balance requirement of $100 for its accounts.
Potential Drawbacks
- Fitness Bank has a low App Store rating of 1.7 and a Google Play rating of 0.0.
- Fitness Bank charges a maintenance fee of $10 unless balance conditions are met.
- Fitness Bank's highest APY requires tracking steps and making debit transactions.
Summary: CIT Bank offers a competitive APY of 3.85% with no maintenance fees, but has a lower BBB rating and higher minimum balance requirements. In contrast, Fitness Bank provides a higher APY of 4.75% but requires specific conditions to maintain it, along with a maintenance fee. Fitness Bank has a better BBB rating but suffers from poor app ratings, while CIT Bank excels in app ratings.
→ As of November 1, 2025 CIT Bank offers an APY of 3.85% 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 $90 more than CIT Bank on a $10,000 balance after one year. CIT Bank pays $385, while Fitness Bank pays $475 - an APY advantage for Fitness Bank.
→ In addition, CIT Bank also offers 3.75% APY for the Savings Connect account, while Fitness Bank offers 4.45% APY for the Fitness Savings Account account.
Calculate Savings Growth for CIT Bank vs Fitness Bank
All calculations are based on APY.
CIT Bank - Platinum Savings
Top APY: 3.85%
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
Effective APY: 3.85% (based on your deposit and contributions)
Total balance: $20,338
Earnings: $2,338
Bank OverviewFitness Bank - Fitness Elite Checking & Fitness Savings Combo
Top 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 $586.7 lower than Fitness Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
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% - 3.85% (as of 11/1/2025) | 3.75% (as of 11/1/2025) | 4.45% (as of 11/1/2025) | 4.75% (as of 11/1/2025) | |
| 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 | 4.3/5 | No | |||
| BBB Rating | A- | A+ | |||
Comparative Historical APY Insights (Last 8 Months)
| CIT Bank | Fitness Bank | ||||
|---|---|---|---|---|---|
| Product | Savings Connect | Platinum Savings | vs | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account |
| Latest APY | 3.75 % | 3.85 % | 4.75 % | 4.45 % | |
| Trend | Sideways | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -3.6 | -3.8 | -4.3 | -1.7 | |
| Rate Changes / Mo | 0.26 | 0.39 | 0.26 | 0.26 | |
| Days Since Last Change | 39 | 39 | 59 | 59 | |
| High (-8 m) | 4.00 % | 4.30 % | 5.00 % | 4.55 % | |
| Low (-8 m) | 3.75 % | 3.85 % | 4.75 % | 4.45 % | |
| Draw-down from High | -6.3 % | -10.5 % | -5.0 % | -2.2 % | |
| Volatility (CV) | 0.023 | 0.024 | 0.023 | 0.010 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 8 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 (-8 m)
- Highest APY in the last 230 days.
- Low (-8 m)
- Lowest APY in the last 230 days.
- Draw-down from High
- How far today sits below the 8-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.