CIT Bank vs. Marcus by Goldman Sachs
Comparing CIT Bank and Marcus by Goldman Sachs for high-yield savings: CIT Bank's Platinum Savings pays 3.75% APY while Marcus by Goldman Sachs's Marcus Online Savings Account pays 3.65% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? CIT Bank pays $10 more than Marcus by Goldman Sachs annually ($375 vs $365).
Choose CIT Bank if you want Zelle for quick transfers.
| Metric | CIT BankPlatinum Savings Feb 21, 2026 | Marcus by Goldman SachsMarcus Online Savings Account Feb 21, 2026 |
|---|---|---|
| APY | 0.25% - 3.75% | 3.65% |
Est. Earnings | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$183 $10,000+$365 $25,000+$912 |
Min Deposit | $100 | $0 |
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® SupportedDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingStable Rate |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.
Comparison Analysis
Comparing CIT Bank vs. Marcus by Goldman Sachs
Executive Summary
CIT Bank offers two savings accounts, with the Platinum Savings account providing the highest APY of 3.75%, contingent upon maintaining a minimum balance of $5,000; lower balances yield only 0.25%. In comparison, Marcus by Goldman Sachs features the Marcus Online Savings Account, which offers a consistent APY of 3.65% with no minimum balance requirement. Both accounts are online-only and have no maintenance fees. While CIT Bank's Platinum Savings account offers a slightly higher rate for larger deposits, Marcus's account may appeal to those seeking flexibility with lower balance requirements.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why CIT Bank?
- ✓Offers 2 different high-yield savings options
- ✓Fast transfers via Zelle®
Why Marcus by Goldman Sachs?
No distinct advantages found vs CIT Bank.
— Key Feature Differences —
Better Returns at $25,000
CIT BankCIT Bank's Platinum Savings pulls ahead with larger amounts (approx. $938 vs $912/yr).
Shared Benefits
Over a 1-year period, CIT Bank's Platinum Savings pays $10 more interest on a $10,000 balance than Marcus by Goldman Sachs's Marcus Online Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
* Secure link to our partner
Non-sponsored link to official site
Top Market Contenders
CIT Bank vs. Marcus by Goldman Sachs Savings Calculator
You earn $10 more with CIT Bank than Marcus by Goldman Sachs 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
Marcus by Goldman Sachs
Marcus Online Savings Account
Savings Breakdown
- Interest Earned+$365.00(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,365.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $364 per year in interest.
Both CIT Bank and Marcus by Goldman Sachs dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | CIT Bank | Marcus by Goldman Sachs |
|---|---|---|
| APY | 3.75% Range: 0.25% - 3.75% Verified: 2/21/2026 Stable (90d) | 3.65% Verified: 2/21/2026 Stable (90d) |
| Product Name | Platinum Savings | Marcus Online Savings Account |
| Minimum Deposit | $100 | $0 |
| Min. Balance for APY | $5,000 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None. You cannot make use of First Citizens Bank's branches. | N/A |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Supported for eChecking users post-First Citizens merger. | Not Supported |
| 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 Marcus by Goldman Sachs Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | CIT Bank | Marcus by Goldman Sachs | |
|---|---|---|---|
| Savings Connect | Platinum Savings | Marcus Online Savings Account | |
Current APY | 3.65% | 3.75% | 3.65% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -3.8 | -4.4 | -1.5 |
Days Since Change | 93 | 93 | 269 |
12-Month High | 4.00% | 4.30% | 3.90% |
12-Month Low | 3.65% | 3.75% | 3.65% |
Adjustments / Mo | 0.25 | 0.33 | 0.16 |
Volatility Score | 0.037 | 0.042 | 0.019 |
How to read these metrics(Click to expand)
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