CIT Bank vs. Pibank
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
Pibank
Pibank Savings
4.60%APYDec 6, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Pibank
Pibank Savings
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Comparison Analysis
Comparing CIT Bank vs. Pibank
Why CIT Bank?
- ✓Higher rated iOS app (4.8 vs 2.4)
- ✓Higher rated Android app (4.3 vs 1.7)
- ✓Offers 2 different high-yield savings options
Why Pibank?
- ✓Higher potential APY (4.60% vs 3.65%-3.75%) on all balances
— Key Feature Differences —
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $460 vs $375/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1150 vs $938/yr).
Best for Simplicity
PibankPibank's Pibank Savings offers 4.60% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
CIT BankCIT Bank offers an iOS app rated 4.8 (vs. 2.4) and Android app rated 4.3 (vs. 1.7)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $85 more interest on a $10,000 balance than CIT Bank's Platinum Savings.
Executive Summary
Pibank offers a competitive savings account with a notable APY of 4.60%, making it the winner in this comparison. This account requires a minimum deposit of just $0.01 and has no maintenance fees, making it an attractive option for savers. In contrast, CIT Bank's Platinum Savings account provides a lower APY of 3.75% but requires a minimum balance of $5,000. Both banks operate online only, and neither requires direct deposit for their savings products. CIT Bank is highlighted for its superior mobile app experience, but in terms of returns, Pibank's offering is superior for both small and large deposits.
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.
| Feature | CIT Bank | Pibank |
|---|---|---|
| APY | 3.75% Range: 0.25% - 3.75% Verified: 12/6/2025 ↘︎ 0.25%90d Change | 4.60% Verified: 12/6/2025 Stable (90d) |
| Product Name | Platinum Savings | Pibank Savings |
| Minimum Deposit | $100 | $0 |
| 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 | iOS2.4 Android1.7 |
| BBB Rating | A- | A |
| Next Steps |
Savings Comparison
Pibank earns $552 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
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$2,825.80(13.6%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,825.80
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 | Pibank | |
|---|---|---|---|
| Savings Connect | Platinum Savings | Pibank Savings | |
Current APY | 3.65% | 3.75% | 4.60% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -3.6 | -4.8 | -0.0 |
Days Since Change | 16 | 16 | 295 |
10-Month High | 4.00% | 4.30% | 4.60% |
10-Month Low | 3.65% | 3.75% | 4.60% |
Adjustments / Mo | 0.31 | 0.41 | 0.00 |
Volatility Score | 0.030 | 0.037 | 0.000 |
How to read these metrics(Click to expand)
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