CIT Bank vs. UFB Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
CIT Bank
Platinum Savings
Up to3.75%APYDec 17, 2025FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppRange: 0.25% – 3.75%Show Fine Print & Trends Hide Details
CIT Bank
Platinum Savings
UFB Direct
UFB Checking and Savings Bundle
Up to3.60%APYDec 17, 2025FDIC InsuredHigh MinimumDirect Deposit ReqChecking BundleGreat iOS AppGreat Android AppRange: 3.40% – 3.60%Show Fine Print & Trends Hide Details
UFB Direct
UFB Checking and Savings Bundle
Comparison Analysis
Comparing CIT Bank vs. UFB Direct
As of CIT Bank offers an APY of 3.75% for its Platinum Savings account, with a minimum balance of $5,000, compared to UFB Direct's 3.60% APY for its UFB Checking and Savings Bundle account, with a minimum balance of $10,000.
CIT Bank pays $15 more than UFB Direct on a $10,000 balance after one year. CIT Bank pays $375, while UFB Direct pays $360 - an APY advantage for CIT Bank.
In addition, CIT Bank also offers 3.65% APY for the Savings Connect account, with a minimum balance of $0, while UFB Direct offers 3.40% APY for the UFB Portfolio Savings account, with a minimum balance of $0.
Why CIT Bank?
- ✓Higher potential APY (3.65%-3.75% vs 3.40%-3.60%) on all balances
Why UFB Direct?
- ✓Offers 2.00% APY on Checking Account in addition to the savings APY
- ✓Access to over 90,000 fee-free ATMs
— Key Feature Differences —
Better Returns at $10,000
CIT BankCIT Bank's Platinum Savings earns more on smaller deposits (approx. $375 vs $360/yr).
Better Returns at $25,000
CIT BankCIT Bank's Platinum Savings pulls ahead with larger amounts (approx. $938 vs $900/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 $15 more interest on a $10,000 balance than UFB Direct's UFB Checking and Savings Bundle.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
CIT Bank offers a competitive Platinum Savings account with an APY of 3.75%, requiring a minimum balance of $5,000 to earn this rate, while lower balances yield 0.25%. Additionally, their Savings Connect account provides a simpler option with a 3.65% APY and no minimum balance requirement. In contrast, UFB Direct's highest yielding product, the UFB Portfolio Savings, offers a lower APY of 3.40% with no minimum balance. UFB also has a checking and savings bundle that can reach an APY of 3.60% but requires a checking account and direct deposits. Overall, CIT Bank's Platinum Savings account stands out as the more lucrative option.
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.
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.
CIT Bank vs. UFB Direct Savings Calculator
You earn $15 more with CIT Bank than UFB Direct 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
Sponsored Link
UFB Direct
UFB Checking and Savings Bundle
Savings Breakdown
- Interest Earned+$360.00(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,360.00
Sponsored Link
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Top Market Contenders
See who beats both CIT Bank and UFB Direct.
| Feature | CIT Bank | UFB Direct |
|---|---|---|
| APY | 3.75% Range: 0.25% - 3.75% Verified: 12/17/2025 ↘︎ 0.25%90d Change | 3.60% Range: 3.40% - 3.60% Verified: 12/17/2025 ↘︎ 0.50%90d Change |
| Product Name | Platinum Savings | UFB Checking and Savings Bundle |
| Minimum Deposit | $100 | $5000 |
| Min. Balance for APY | $5,000 | $10,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | Required |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.8 Android4.3 | iOS4.8 Android4.3 |
| 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%. | The regular savings or money market APY may be boosted up to 3.60% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. The checking account earns 2% APY. See bank for full details. |
| Next Steps | SponsoredOpen Account | SponsoredOpen Account |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | CIT Bank | UFB Direct | ||
|---|---|---|---|---|
| Savings Connect | Platinum Savings | UFB Checking and Savings Bundle | UFB Portfolio Savings | |
Current APY | 3.65% | 3.75% | 3.60% | 3.40% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -3.4 | -5.0 | -5.5 | -4.9 |
Days Since Change | 27 | 27 | 6 | 6 |
11-Month High | 4.00% | 4.35% | 4.21% | 4.01% |
11-Month Low | 3.65% | 3.75% | 3.60% | 3.40% |
Adjustments / Mo | 0.27 | 0.45 | 0.36 | 0.36 |
Volatility Score | 0.032 | 0.043 | 0.052 | 0.053 |
How to read these metrics(Click to expand)
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