CIT Bank vs. FNBO Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | CIT BankPlatinum Savings Jan 21, 2026 | FNBO DirectHigh-Yield Online Savings Account Jan 21, 2026 |
|---|---|---|
| APY | 0.25% - 3.75% | 3.00% |
Est. Earnings | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$150 $10,000+$300 $25,000+$750 |
Min Deposit | $100 | $1 |
Snapshot view. Rates subject to change. | ||
Terms | This is a tiered savings account, where the 3.75% APY requires meeting the $5,000 balance requirement. Lower balances earn an APY of 0.25%. | - |
| Features | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.
Comparison Analysis
Comparing CIT Bank vs. FNBO Direct
As of CIT Bank offers an APY of 3.75% for its Platinum Savings account, with a minimum balance of $5,000, compared to FNBO Direct's 3.00% APY for its High-Yield Online Savings Account, with a minimum balance of $0.01.
CIT Bank pays $75 more than FNBO Direct on a $10,000 balance after one year. CIT Bank pays $375, while FNBO Direct pays $300 - an APY advantage for CIT Bank.
In addition, CIT Bank also offers 3.65% APY for the Savings Connect account, with a minimum balance of $0.
Why CIT Bank?
- ✓Higher potential APY (3.65%-3.75% vs 3.00%)
- ✓Offers 2 different high-yield savings options
Why FNBO Direct?
No distinct advantages found vs CIT Bank.
— Key Feature Differences —
Better Returns at $10,000
CIT BankCIT Bank's Platinum Savings earns more on smaller deposits (approx. $375 vs $300/yr).
Better Returns at $25,000
CIT BankCIT Bank's Platinum Savings pulls ahead with larger amounts (approx. $938 vs $750/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 $75 more interest on a $10,000 balance than FNBO Direct's High-Yield Online Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
CIT Bank offers two online savings products, with the Platinum Savings account leading at 3.75% APY, provided a minimum balance of $5,000 is maintained; otherwise, lower balances earn just 0.25%. Alternatively, the Savings Connect account provides a competitive 3.65% APY with no balance requirements, making it a simpler option. In comparison, FNBO Direct's High-Yield Online Savings Account offers a lower APY of 3.00% but requires only a $1 minimum deposit and has no maintenance fees. Overall, CIT Bank's Platinum Savings account stands out for higher returns, especially for larger deposits.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
* Secure link to our partner
Non-sponsored link to official site
Top Market Contenders
CIT Bank vs. FNBO Direct Savings Calculator
You earn $75 more with CIT Bank than FNBO Direct on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
CIT Bank
Platinum Savings
Savings Breakdown
- Interest Earned+$375.00(3.6%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,375.00
FNBO Direct
High-Yield Online Savings Account
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | CIT Bank | FNBO Direct |
|---|---|---|
| APY | 3.75% Range: 0.25% - 3.75% Verified: 1/21/2026 ↘︎ 0.10%90d Change | 3.00% Verified: 1/21/2026 Stable (90d) |
| Product Name | Platinum Savings | High-Yield Online Savings Account |
| Minimum Deposit | $100 | $1 |
| Min. Balance for APY | $5,000 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.6 | iOS4.5 Android4.8 |
| Zelle® Support | Available Supported for eChecking users post-First Citizens merger. | Available Online division fully supports Zelle. |
| BBB Rating | A- | A+ |
| Important Notes | This is a tiered savings account, where the 3.75% APY requires meeting the $5,000 balance requirement. Lower balances earn an APY of 0.25%. | - |
| Next Steps | Visit SiteGo to CIT Bank * Secure link to our partner | Visit SiteVerify at FNBO Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | CIT Bank | FNBO Direct | |
|---|---|---|---|
| Savings Connect | Platinum Savings | High-Yield Online Savings Account | |
Current APY | 3.65% | 3.75% | 3.00% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -5.5 | -5.5 | -5.7 |
Days Since Change | 62 | 62 | 110 |
6-Month High | 3.90% | 4.00% | 3.25% |
6-Month Low | 3.65% | 3.75% | 3.00% |
Adjustments / Mo | 0.33 | 0.33 | 0.17 |
Volatility Score | 0.027 | 0.026 | 0.038 |
How to read these metrics(Click to expand)
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