CIT Bank vs. FNBO Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
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
FNBO Direct
High-Yield Online Savings Account
3.00%APYDec 6, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
FNBO Direct
High-Yield Online Savings Account
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 CIT Bank vs. FNBO Direct
Why CIT Bank?
- ✓Higher potential APY (3.65%-3.75% vs 3.00%)
- ✓Offers 2 different high-yield savings options
Why FNBO Direct?
- ✓Higher rated Android app (4.8 vs 4.3)
— 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.
Best Mobile App Experience
CIT BankCIT Bank offers an iOS app rated 4.8 (vs. 4.5) and Android app rated 4.3 (vs. 4.8)
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.
Executive Summary
CIT Bank offers a superior savings option with its Platinum Savings account, boasting an APY of 3.75%, compared to FNBO Direct's High-Yield Online Savings Account, which has an APY of 3.00%. The Platinum Savings account requires a minimum deposit of $100 and a balance of $5,000 to earn the higher rate, while the Savings Connect account provides a solid alternative at 3.65% APY with no minimum balance requirement. Both banks are online-only and have no maintenance fees, making them accessible options for savers. However, CIT Bank's higher APY positions it as the winner in this comparison.
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 CIT Bank and FNBO Direct.
| Feature | CIT Bank | FNBO Direct |
|---|---|---|
| APY | 3.75% Range: 0.25% - 3.75% Verified: 12/6/2025 ↘︎ 0.25%90d Change | 3.00% Verified: 12/6/2025 ↘︎ 0.25%90d Change |
| 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 Android4.3 | iOS4.5 Android4.8 |
| BBB Rating | A- | A+ |
| Next Steps |
Savings Comparison
CIT Bank earns $475.6 more than FNBO Direct.
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
FNBO Direct
High-Yield Online Savings Account
Savings Breakdown
- Interest Earned+$1,798.20(9.1%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,798.20
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 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) | -6.4 | -6.4 | -8.3 |
Days Since Change | 16 | 16 | 64 |
4-Month High | 3.90% | 4.00% | 3.25% |
4-Month Low | 3.65% | 3.75% | 3.00% |
Adjustments / Mo | 0.44 | 0.44 | 0.22 |
Volatility Score | 0.024 | 0.024 | 0.040 |
How to read these metrics(Click to expand)
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