CIT Bank vs. Vio Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | CIT BankPlatinum Savings Jan 7, 2026 | Vio BankOnline Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 0.25% - 3.75% | 4.09% |
Est. Earnings | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$205 $10,000+$409 $25,000+$1,023 |
Min Deposit | $100 | $100 |
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® Supported | FDIC InsuredLow MinimumsGreat iOS App |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
As of CIT Bank offers an APY of 3.75% for its Platinum Savings account, with a minimum balance of $5,000, compared to Vio Bank's 4.09% APY for its Online Savings Account, with a minimum balance of $0.
Vio Bank pays $34 more than CIT Bank on a $10,000 balance after one year. CIT Bank pays $375, while Vio Bank pays $409 - an APY advantage for Vio Bank.
In addition, CIT Bank also offers 3.65% APY for the Savings Connect account, with a minimum balance of $0.
Why CIT Bank?
- ✓Higher rated Android app (4.4 vs 3.4)
- ✓Offers 2 different high-yield savings options
- ✓Fast transfers via Zelle®
Why Vio Bank?
- ✓Higher potential APY (4.09% vs 3.65%-3.75%) on all balances
— Key Feature Differences —
Better Returns at $10,000
Vio BankVio Bank's Online Savings Account earns more on smaller deposits (approx. $409 vs $375/yr).
Better Returns at $25,000
Vio BankVio Bank's Online Savings Account pulls ahead with larger amounts (approx. $1023 vs $938/yr).
Best for Simplicity
Vio BankVio Bank's Online Savings Account offers 4.09% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
CIT BankCIT Bank offers an iOS app rated 4.8 (vs. 4.6) and Android app rated 4.4 (vs. 3.4)
Shared Benefits
Over a 1-year period, Vio Bank's Online Savings Account pays $34 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.
Executive Summary as of
Vio Bank offers a competitive Online Savings Account with a leading APY of 4.09%, making it the top choice for savers. This account requires a minimum deposit of $100 but has no minimum balance requirement, and it features daily compounding. In comparison, CIT Bank's Platinum Savings account provides a lower APY of 3.75%, which is contingent upon maintaining a $5,000 balance, while its Savings Connect account offers a slightly lower APY of 3.65% with no balance requirement. Both banks are online-only and do not charge maintenance fees, but Vio Bank stands out for its higher returns and simplicity, with no direct deposit requirement.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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Top Market Contenders
CIT Bank vs. Vio Bank Savings Calculator
You earn $34 more with Vio Bank than CIT Bank 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
Vio Bank
Online Savings Account
Savings Breakdown
- Interest Earned+$409.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,409.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | CIT Bank | Vio Bank |
|---|---|---|
| APY | 3.75% Range: 0.25% - 3.75% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 4.09% Verified: 1/7/2026 - |
| Product Name | Platinum Savings | Online Savings Account |
| Minimum Deposit | $100 | $100 |
| Min. Balance for APY | $5,000 | $0 |
| Monthly Fee | $0 | $0, if electronic statements selected, otherwise $5 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.4 | iOS4.6 Android3.4 |
| 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 Vio Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | CIT Bank | Vio Bank | |
|---|---|---|---|
| Savings Connect | Platinum Savings | Online Savings Account | |
Current APY | 3.65% | 3.75% | 4.09% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -3.2 | -3.2 | -2.7 |
Days Since Change | 48 | 48 | 1 |
2-Month High | 3.75% | 3.85% | 4.21% |
2-Month Low | 3.65% | 3.75% | 4.09% |
Adjustments / Mo | 0.55 | 0.55 | 1.09 |
Volatility Score | 0.009 | 0.008 | 0.005 |
How to read these metrics(Click to expand)
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