CIT Bank vs. FVCbank
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
FVCbank
Advantage Direct Savings
3.85%APYDec 6, 2025FDIC InsuredLow MinimumsGreat iOS AppShow Fine Print & Trends Hide Details
FVCbank
Advantage Direct Savings
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. FVCbank
Why CIT Bank?
- ✓Higher rated iOS app (4.8 vs 4.4)
- ✓Higher rated Android app (4.3 vs 3.6)
- ✓Offers 2 different high-yield savings options
Why FVCbank?
No distinct advantages found vs CIT Bank.
— Key Feature Differences —
Better Returns at $10,000
FVCbankFVCbank's Advantage Direct Savings earns more on smaller deposits (approx. $385 vs $375/yr).
Best for Simplicity
FVCbankFVCbank's Advantage Direct Savings offers 3.85% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
CIT BankCIT Bank offers an iOS app rated 4.8 (vs. 4.4) and Android app rated 4.3 (vs. 3.6)
Shared Benefits
Over a 1-year period, FVCbank's Advantage Direct Savings pays $10 more interest on a $10,000 balance than CIT Bank's Platinum Savings.
Executive Summary
CIT Bank offers a Platinum Savings account with a competitive APY of 3.75%, while FVCbank's Advantage Direct Savings leads with a higher APY of 3.85%. Both banks feature online-only savings accounts with no maintenance fees. CIT Bank requires a minimum deposit of $100 and a minimum balance of $5,000, whereas FVCbank requires a minimum deposit and balance of $500. Notably, FVCbank's account is praised for its simplicity, as it has no direct deposit requirement or caps, making it an attractive option for savers.
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 FVCbank.
| Feature | CIT Bank | FVCbank |
|---|---|---|
| APY | 3.75% Range: 0.25% - 3.75% Verified: 12/6/2025 ↘︎ 0.25%90d Change | 3.85% Verified: 12/6/2025 ↘︎ 0.50%90d Change |
| Product Name | Platinum Savings | Advantage Direct Savings |
| Minimum Deposit | $100 | $500 |
| Min. Balance for APY | $5,000 | $500 |
| 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 | iOS4.4 Android3.6 |
| BBB Rating | A- | B- |
| Next Steps |
Savings Comparison
FVCbank earns $64.2 more than CIT Bank.
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
FVCbank
Advantage Direct Savings
Savings Breakdown
- Interest Earned+$2,338.00(11.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,338.00
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 | FVCbank | |
|---|---|---|---|
| Savings Connect | Platinum Savings | Advantage Direct Savings | |
Current APY | 3.65% | 3.75% | 3.85% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -4.1 | -4.1 | -8.3 |
Days Since Change | 16 | 16 | 35 |
9-Month High | 4.00% | 4.10% | 4.55% |
9-Month Low | 3.65% | 3.75% | 3.85% |
Adjustments / Mo | 0.34 | 0.34 | 0.92 |
Volatility Score | 0.030 | 0.029 | 0.056 |
How to read these metrics(Click to expand)
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