Cit Bank vs Fitness Bank
High-Yield Savings Accounts Comparison
Last Updated: August 1, 2025
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Summary of CIT Bank vs. Fitness Bank
As of August 1, 2025 CIT Bank offers an APY of 4.00% for its Platinum Savings account, compared to Fitness Bank's 4.85% APY for its Fitness Elite Checking & Fitness Savings Combo account.
Fitness Bank yields $85 more than CIT Bank on a $10,000 balance after one year. CIT Bank pays $400, while Fitness Bank pays $485 - an APY advantage for Fitness Bank.
In addition, CIT Bank also offers 3.90% APY for the Savings Connect account, while Fitness Bank offers 4.50% APY for the Fitness Savings Account account.
CIT Bank
Strengths
- CIT Bank's Platinum Savings offers 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 charges no maintenance fees on its accounts.
Potential Drawbacks
- CIT Bank's highest APY is lower than Fitness Bank's 4.85%.
- CIT Bank is not BBB accredited, rated A-.
Fitness Bank
Strengths
- Fitness Bank's Fitness Elite Checking & Fitness Savings Combo offers a top APY of 4.85%.
- Fitness Bank has an A+ BBB rating, indicating higher trustworthiness.
Potential Drawbacks
- Fitness Bank has a low App Store rating of 1.7 and a Google Play rating of 0.0.
- Fitness Bank has maintenance fees of $10 unless balance requirements are met.
Summary: CIT Bank offers a solid APY of 4.00% with no maintenance fees, but lacks BBB accreditation. In contrast, Fitness Bank provides a higher APY of 4.85% with an A+ BBB rating, though it imposes maintenance fees and has low app ratings. Customers may prefer CIT Bank for fewer fees and better app experiences, while those seeking higher yields might favor Fitness Bank despite its drawbacks.
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 8/1/2025) | 3.90% (as of 8/1/2025) | 4.50% (as of 8/1/2025) | 4.85% (as of 8/1/2025) | |
| 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 | 4.6/5 | No | |||
| BBB Rating | A- | A+ | |||
Comparative Historical APY Insights (Last 5 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 % | 4.85 % | 4.50 % | |
| Trend | Sideways | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -2.9 | -3.7 | -0.2 | -0.1 | |
| Rate Changes / Mo | 0.22 | 0.43 | 0.22 | 0.22 | |
| Days Since Last Change | 51 | 51 | 1 | 1 | |
| High (-5 m) | 4.00 % | 4.30 % | 5.00 % | 4.55 % | |
| Low (-5 m) | 3.90 % | 4.00 % | 4.85 % | 4.50 % | |
| Draw-down from High | -2.5 % | -7.0 % | -3.0 % | -1.1 % | |
| Volatility (CV) | 0.012 | 0.015 | 0.003 | 0.001 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 5 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 (-5 m)
- Highest APY in the last 139 days.
- Low (-5 m)
- Lowest APY in the last 139 days.
- Draw-down from High
- How far today sits below the 5-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: 4.85%
Total savings breakdown:
- Interest earned: $2,990.9 (14.25%)
- Total contributions: $13,000 (61.93%)
- Initial deposit: $5,000 (23.82%)
Your total balance
$20,990.90
Effective APY: 4.85% (based on your deposit and contributions)
Total balance: $20,990.9
Earnings: $2,990.9
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, CIT Bank's total earnings would be $556.2 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 | Best 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 Marcus by Goldman Sachs | 3.65% | $0 |
| CIT Bank vs Presidential Bank | 4.50% | $5,000 |
| CIT Bank vs SoFi Bank | 3.80% | $0 |
| CIT Bank vs Synchrony Bank | 3.80% | $0 |
| CIT Bank vs UFB Direct | 4.21% | $5000 |
| CIT Bank vs Varo Bank | 5.00% | $0 |
| CIT Bank vs Wells Fargo | 2.51% | $25 |
Compare Fitness Bank's APY of 4.85% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Fitness Bank vs Ally Bank | 3.50% | $0 |
| Fitness Bank vs American Express | 3.50% | $0 |
| Fitness Bank vs Axos Bank | 4.46% | $0 |
| Fitness Bank vs Bank of America | 0.01% | $100 |
| Fitness Bank vs Barclays | 4.10% | $0 |
| Fitness Bank vs Capital One | 3.50% | $0 |
| Fitness Bank vs Chase Bank | 0.01% | $0 |
| Fitness Bank vs Chime | 3.75% | $0 |
| Fitness Bank vs Discover Bank | 3.50% | $0 |
| Fitness Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Fitness Bank vs Presidential Bank | 4.50% | $5,000 |
| Fitness Bank vs SoFi Bank | 3.80% | $0 |
| Fitness Bank vs Synchrony Bank | 3.80% | $0 |
| Fitness Bank vs UFB Direct | 4.21% | $5000 |
| Fitness Bank vs Varo Bank | 5.00% | $0 |
| Fitness Bank vs Wells Fargo | 2.51% | $25 |