CIT Bank vs. PNC
Comparing CIT Bank and PNC for high-yield savings: CIT Bank's Platinum Savings pays 3.75% APY while PNC's PNC High Yield Savings pays 3.30% 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 $45 more than PNC annually ($375 vs $330).
Choose CIT Bank if getting the best rate matters most. Choose PNC if you value in-person banking.
| Metric | CIT BankPlatinum Savings Feb 21, 2026 | PNCPNC High Yield Savings Feb 21, 2026 |
|---|---|---|
| APY | 0.25% - 3.75% | 3.30% |
Est. Earnings | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$165 $10,000+$330 $25,000+$825 |
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%. | Eligibility restricted to select states. |
| Features | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedRate Changes Often |
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.
Executive Summary
CIT Bank offers a strong savings option with its Platinum Savings account, providing a competitive APY of 3.75% for balances of $5,000 or more, while lower balances earn 0.25%. Alternatively, the Savings Connect account offers a straightforward 3.65% APY with no minimum balance requirement, making it ideal for those seeking simplicity. In contrast, PNC's highest yielding product, the High Yield Savings account, offers a significantly lower APY of 3.30%, and is only available to residents of select states. PNC also has a Standard Savings account with a minimal APY of 0.03%. Overall, CIT Bank's offerings significantly outperform PNC's savings options.
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?
- ✓Higher potential APY (3.65%-3.75% vs 3.30%)
- ✓Offers 2 different high-yield savings options
- ✓Available Nationwide
Why PNC?
- ✓Physical branch access (Multiple branches in AL, AZ, CA, CO, DE, DC, FL, GA, IL, IN, KS, KY, MD, MA, MI, MO, NJ, NM, NY, NC, OH, PA, SC, TN, TX, VA, WV, WI)
— Key Feature Differences —
Better Returns at $10,000
CIT BankCIT Bank's Platinum Savings earns more on smaller deposits (approx. $375 vs $330/yr).
Better Returns at $25,000
CIT BankCIT Bank's Platinum Savings pulls ahead with larger amounts (approx. $938 vs $825/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 $45 more interest on a $10,000 balance than PNC's PNC High Yield Savings.
*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. PNC Savings Calculator
You earn $45 more with CIT Bank than PNC 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
PNC
PNC High Yield Savings
Savings Breakdown
- Interest Earned+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
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 $329 per year in interest.
Both CIT Bank and PNC dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | CIT Bank | PNC |
|---|---|---|
| APY | 3.75% Range: 0.25% - 3.75% Verified: 2/21/2026 Stable (90d) | 3.30% Verified: 2/21/2026 ↘︎ 0.23%90d Change |
| Product Name | Platinum Savings | PNC High Yield Savings |
| Minimum Deposit | $100 | $0 |
| Min. Balance for APY | $5,000 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Monthly |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Physical Branches | None. You cannot make use of First Citizens Bank's branches. | Multiple branches in AL, AZ, CA, CO, DE, DC, FL, GA, IL, IN, KS, KY, MD, MA, MI, MO, NJ, NM, NY, NC, OH, PA, SC, TN, TX, VA, WV, WI |
| 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. | Available Limit: $2,000/dayCentral to Virtual Wallet suite. |
| 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%. | Eligibility restricted to select states. |
| Next Steps | Visit SiteGo to CIT Bank * Secure link to our partner | Visit SiteVerify at PNC Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | CIT Bank | PNC | ||
|---|---|---|---|---|
| Savings Connect | Platinum Savings | PNC High Yield Savings | Standard Savings | |
Current APY | 3.65% | 3.75% | 3.30% | 0.03% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -3.9 | -4.3 | -6.8 | 0.1 |
Days Since Change | 93 | 93 | 66 | 296 |
12-Month High | 4.00% | 4.30% | 3.95% | 0.03% |
12-Month Low | 3.65% | 3.75% | 3.30% | 0.01% |
Adjustments / Mo | 0.25 | 0.34 | 0.34 | 0.08 |
Volatility Score | 0.037 | 0.040 | 0.073 | 0.264 |
How to read these metrics(Click to expand)
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Comparing against Standard Savings
High Rates (With Checking Bundle)
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More Comparisons
Compare CIT Bank's APY of 3.75% with other banks
Compare PNC's APY of 3.30% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| PNC vs Ally Bank | 3.20% | $0 |
| PNC vs American Express | 3.30% | $0 |
| PNC vs Axos Bank | 4.21% | $0 |
| PNC vs Bank of America | 0.01% | $100 |
| PNC vs Barclays | 3.85% | $0 |
| PNC vs Capital One | 3.30% | $0 |
| PNC vs Chase Bank | 0.01% | $0 |
| PNC vs Chime | 3.00% | $0 |
| PNC vs Citibank | 3.20% | $0 |
| PNC vs Discover Bank | 3.30% | $0 |
| PNC vs EverBank | 3.90% | $0 |
| PNC vs Marcus by Goldman Sachs | 3.65% | $0 |
| PNC vs Newtek Bank | 4.20% | $0.01 |
| PNC vs Openbank | 4.09% | $500 |
| PNC vs Pibank | 4.60% | $0 |
| PNC vs SoFi Bank | 4.00% | $0 |
| PNC vs Synchrony Bank | 3.50% | $0 |
| PNC vs Varo Bank | 5.00% | $0 |
| PNC vs Wealthfront | 3.95% | $0 |
| PNC vs Wells Fargo | 0.05% | $25 |