High-Yield Savings Account Comparison

CIT Bank vs. Sallie Mae Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 10, 2025

CIT Bank

Platinum Savings

Up to
3.75%
APY
Dec 10, 2025
FDIC InsuredMod. MinimumGreat iOS AppGreat Android App
Range: 0.25% – 3.75%
Show Fine Print & Trends
Min. Deposit$100
Min. Balance$5,000
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 11063)
EligibilityUnited States
Mobile Ratings
iOS:4.8Android:4.3
BBB Rating
A-(Not BBB Accredited (Information provided is for First Citizens Bank & Trust Company))

Rate Stability

30 days
↘︎ 0.10%
90 days
↘︎ 0.25%
Read Bank Overview

Sallie Mae Bank

High-Yield Savings Account

3.90%
APY
Dec 10, 2025
FDIC InsuredNo Minimums
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 58177)
EligibilityUnited States
Mobile Ratings
iOS:1.5Android:1.6
BBB Rating
A+(BBB Accredited)

Rate Stability

Very StableNo rate changes in last 90 days
Read Bank Overview

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.

See Top Rates

CIT Bank vs. Sallie Mae Bank Savings Calculator

Calculations based on current APY for Platinum Savings and High-Yield Savings Account
$
$

Sallie Mae Bank earns $96.4 more than CIT Bank.

CIT Bank

Platinum Savings

3.75% APY

Savings Breakdown

  • Interest Earned
    +$2,273.80(11.2%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,273.80

Effective APY
3.75%
View Details

Sallie Mae Bank

High-Yield Savings Account

3.90% APY

Savings Breakdown

  • Interest Earned
    +$2,370.20(11.6%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,370.20

Effective APY
3.90%
View Details

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Comparison Analysis

Comparing CIT Bank vs. Sallie Mae Bank

Updated: Dec 10, 2025

Why CIT Bank?

  • ✓Higher rated iOS app (4.8 vs 1.5)
  • ✓Higher rated Android app (4.3 vs 1.6)
  • ✓Offers 2 different high-yield savings options

Why Sallie Mae Bank?

  • ✓Higher potential APY (3.90% vs 3.65%-3.75%) on all balances

— Key Feature Differences —

Better Returns at $10,000
Sallie Mae Bank

Sallie Mae Bank's High-Yield Savings Account earns more on smaller deposits (approx. $390 vs $375/yr).

Better Returns at $25,000
Sallie Mae Bank

Sallie Mae Bank's High-Yield Savings Account pulls ahead with larger amounts (approx. $975 vs $938/yr).

Best for Simplicity
Sallie Mae Bank

Sallie Mae Bank's High-Yield Savings Account offers 3.90% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
CIT Bank

CIT Bank offers an iOS app rated 4.8 (vs. 1.5) and Android app rated 4.3 (vs. 1.6)

Shared Benefits

Both offer monthly maintenance-free account options Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Sallie Mae Bank's High-Yield Savings Account pays $15 more interest on a $10,000 balance than CIT Bank's Platinum Savings.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

CIT BankSallie Mae Bank
Automated Data Audit

Executive Summary

CIT Bank's Platinum Savings Account offers a competitive APY of 3.75%, while Sallie Mae Bank's High-Yield Savings Account leads with a higher APY of 3.90%. Both accounts are online-only and require no maintenance fees, with CIT Bank's account needing a minimum deposit of $100 and a balance of $5,000 to earn the stated APY, while Sallie Mae Bank has no minimum deposit or balance requirements. Sallie Mae Bank is noted for its simplicity, with no direct deposit requirements, making it a favorable choice for those seeking easy access to higher returns. Overall, Sallie Mae Bank's High-Yield Savings Account is the winner based on the provided data.

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.

ExploreCIT BankExploreSallie Mae Bank

Top Market Contenders

See who beats both CIT Bank and Sallie Mae Bank.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.70% vs Sallie Mae Bank
Better Rate
Pibank vs CIT BankPibank vs Sallie Mae Bank
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.41% vs Sallie Mae Bank
Better Rate
Axos Bank vs CIT BankAxos Bank vs Sallie Mae Bank
TIMBR
Premium Savings Account
FDIC InsuredLow Minimums
4.40% APY
+0.50% vs Sallie Mae Bank
Better Rate
TIMBR vs CIT BankTIMBR vs Sallie Mae Bank
FeatureCIT BankSallie Mae Bank
APY
3.75%
Range: 0.25% - 3.75%
Verified: 12/10/2025
↘︎ 0.25%90d Change
3.90%
Verified: 12/10/2025
Stable (90d)
Product NamePlatinum SavingsHigh-Yield Savings Account
Minimum Deposit$100$0
Min. Balance for APY$5,000$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.8
Android4.3
iOS1.5
Android1.6
BBB RatingA-A+
Next Steps
- View Details
- View Details

📈 Compare Savings Rates Over Time

Historical Performance

Last 11 Months Analysis
MetricCIT BankSallie Mae Bank
Savings ConnectPlatinum SavingsHigh-Yield Savings Account
Current APY
3.65%3.75%3.90%
Trend
 Stable Stable Stable
Velocity (bps/mo)
-3.4-5.0-0.1
Days Since Change
2020313
11-Month High
4.00%4.35%4.00%
11-Month Low
3.65%3.75%3.90%
Adjustments / Mo
0.280.470.09
Volatility Score
0.0310.0420.004
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 322-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Compare Similar High-Yield Accounts

Compare CIT Bank vs...

Comparing against Standard Savings

vs CIT Bank
PibankNo Bundle Req
4.60%
APY
vs CIT Bank
TIMBRNo Bundle Req
4.40%
APY
vs CIT Bank
Newtek BankNo Bundle Req
4.35%
APY

Compare Sallie Mae Bank vs...

Comparing against Standard Savings

vs Sallie Mae Bank
PibankNo Bundle Req
4.60%
APY
vs Sallie Mae Bank
TIMBRNo Bundle Req
4.40%
APY
vs Sallie Mae Bank
Newtek BankNo Bundle Req
4.35%
APY

Higher Rates (With Checking)

Looking for something different? Check out these top-rated alternatives.

Checking Bundle
Axos Bank View Details
4.31%
APY
Checking Bundle
SoFi Bank View Details
4.30%
APY
Checking Bundle
Presidential Bank View Details
4.00%
APY

More Comparisons

Compare CIT Bank's APY of 3.75% with other banks
Bank PairCompetitor APYMin Deposit
CIT Bank vs Affirm3.60%$0
CIT Bank vs Ally Bank3.30%$0
CIT Bank vs American Express3.40%$0
CIT Bank vs Axos Bank4.31%$0
CIT Bank vs Bank of America0.01%$100
CIT Bank vs Barclays4.00%$0
CIT Bank vs Bask Bank3.90%$0
CIT Bank vs Betterment3.50%$10
CIT Bank vs BMO Alto3.25%$0
CIT Bank vs Bread Savings4.10%$100
CIT Bank vs BrioDirect4.00%$5,000
CIT Bank vs Capital One3.40%$0
CIT Bank vs Charles Schwab Bank0.15%$0
CIT Bank vs Chase Bank0.01%$0
CIT Bank vs Chime3.50%$0
CIT Bank vs Citibank3.30%$0
CIT Bank vs Citizens Access™3.15%$0.01
CIT Bank vs Climate First Bank4.21%$50
CIT Bank vs Discover Bank3.40%$0
CIT Bank vs E*TRADE from Morgan Stanley3.75%$0
CIT Bank vs Elevault4.08%$0
CIT Bank vs EverBank4.05%$0
CIT Bank vs Fitness Bank4.75%$100
CIT Bank vs FNBO Direct3.00%$1
CIT Bank vs Forbright Bank4.00%$0
CIT Bank vs FVCbank3.85%$500
CIT Bank vs GO2bank4.50%$0
CIT Bank vs Ivy Bank4.25%$2,500
CIT Bank vs LendingClub4.20%$0
CIT Bank vs Marcus by Goldman Sachs3.65%$0
CIT Bank vs Neighbors Bank4.30%$0
CIT Bank vs Newtek Bank4.35%$0.01
CIT Bank vs Openbank4.20%$500
CIT Bank vs Peak Bank4.20%$100
CIT Bank vs Pibank4.60%$0
CIT Bank vs PNC3.53%$0
CIT Bank vs Presidential Bank4.00%$5,000
CIT Bank vs Quontic Bank3.75%$100
CIT Bank vs Salem Five Direct3.71%$10
CIT Bank vs Santander Bank0.01%$25
CIT Bank vs SoFi Bank4.30%$0
CIT Bank vs Synchrony Bank3.65%$0
CIT Bank vs TD Bank2.75%$0
CIT Bank vs TIMBR4.40%$1,000
CIT Bank vs UFB Direct3.71%$5000
CIT Bank vs Upgrade3.05%$0
CIT Bank vs Valley Direct4.10%$1,000
CIT Bank vs Varo Bank5.00%$0
CIT Bank vs Vio Bank4.16%$100
CIT Bank vs Wealthfront4.15%$0
CIT Bank vs Wells Fargo0.05%$25
CIT Bank vs Zynlo Bank4.05%$10
Compare Sallie Mae Bank's APY of 3.90% with other banks
Bank PairCompetitor APYMin Deposit
Sallie Mae Bank vs Affirm3.60%$0
Sallie Mae Bank vs Ally Bank3.30%$0
Sallie Mae Bank vs American Express3.40%$0
Sallie Mae Bank vs Axos Bank4.31%$0
Sallie Mae Bank vs Bank of America0.01%$100
Sallie Mae Bank vs Barclays4.00%$0
Sallie Mae Bank vs Bask Bank3.90%$0
Sallie Mae Bank vs Betterment3.50%$10
Sallie Mae Bank vs BMO Alto3.25%$0
Sallie Mae Bank vs Bread Savings4.10%$100
Sallie Mae Bank vs BrioDirect4.00%$5,000
Sallie Mae Bank vs Capital One3.40%$0
Sallie Mae Bank vs Charles Schwab Bank0.15%$0
Sallie Mae Bank vs Chase Bank0.01%$0
Sallie Mae Bank vs Chime3.50%$0
Sallie Mae Bank vs Citibank3.30%$0
Sallie Mae Bank vs Citizens Access™3.15%$0.01
Sallie Mae Bank vs Climate First Bank4.21%$50
Sallie Mae Bank vs Discover Bank3.40%$0
Sallie Mae Bank vs E*TRADE from Morgan Stanley3.75%$0
Sallie Mae Bank vs Elevault4.08%$0
Sallie Mae Bank vs EverBank4.05%$0
Sallie Mae Bank vs Fitness Bank4.75%$100
Sallie Mae Bank vs FNBO Direct3.00%$1
Sallie Mae Bank vs Forbright Bank4.00%$0
Sallie Mae Bank vs FVCbank3.85%$500
Sallie Mae Bank vs GO2bank4.50%$0
Sallie Mae Bank vs Ivy Bank4.25%$2,500
Sallie Mae Bank vs LendingClub4.20%$0
Sallie Mae Bank vs Marcus by Goldman Sachs3.65%$0
Sallie Mae Bank vs Neighbors Bank4.30%$0
Sallie Mae Bank vs Newtek Bank4.35%$0.01
Sallie Mae Bank vs Openbank4.20%$500
Sallie Mae Bank vs Peak Bank4.20%$100
Sallie Mae Bank vs Pibank4.60%$0
Sallie Mae Bank vs PNC3.53%$0
Sallie Mae Bank vs Presidential Bank4.00%$5,000
Sallie Mae Bank vs Quontic Bank3.75%$100
Sallie Mae Bank vs Salem Five Direct3.71%$10
Sallie Mae Bank vs Santander Bank0.01%$25
Sallie Mae Bank vs SoFi Bank4.30%$0
Sallie Mae Bank vs Synchrony Bank3.65%$0
Sallie Mae Bank vs TD Bank2.75%$0
Sallie Mae Bank vs TIMBR4.40%$1,000
Sallie Mae Bank vs UFB Direct3.71%$5000
Sallie Mae Bank vs Upgrade3.05%$0
Sallie Mae Bank vs Valley Direct4.10%$1,000
Sallie Mae Bank vs Varo Bank5.00%$0
Sallie Mae Bank vs Vio Bank4.16%$100
Sallie Mae Bank vs Wealthfront4.15%$0
Sallie Mae Bank vs Wells Fargo0.05%$25
Sallie Mae Bank vs Zynlo Bank4.05%$10