Cit Bank vs. Vio Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of CIT Bank vs. Vio Bank
Key Metrics at a Glance
| Feature | CIT Bank | Vio Bank |
|---|---|---|
| Top Savings APY | 3.85% Platinum Savings | 4.21% Online Savings Account |
| Minimum to Open | $100 | $100 |
| Minimum Balance for Top APY | $5,000 | $0 |
CIT Bank
Strengths
- CIT Bank's Platinum Savings offers a competitive APY of 3.85%.
- CIT Bank has a high App Store rating of 4.8.
- No maintenance fees for both accounts at CIT Bank.
Potential Drawbacks
- CIT Bank is not BBB Accredited, with a rating of A-.
- CIT Bank's highest APY is lower than Vio Bank's.
- CIT Bank requires a minimum balance of $5,000 for the Platinum Savings account.
Vio Bank
Strengths
- Vio Bank's Online Savings Account offers a higher APY of 4.21%.
- Vio Bank is BBB Accredited with an A+ rating.
- No minimum balance requirement for Vio Bank's savings account.
Potential Drawbacks
- Vio Bank has a lower App Store rating of 4.6.
- Vio Bank's Google Play rating is only 3.3.
- Vio Bank charges a $5 fee if electronic statements are not selected.
→ As of November 12, 2025 CIT Bank offers an APY of 3.85% for its Platinum Savings account, with a minimum balance of $5,000, compared to Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.
→ Vio Bank yields $36 more than CIT Bank on a $10,000 balance after one year. CIT Bank pays $385, while Vio Bank pays $421 - an APY advantage for Vio Bank.
→ In addition, CIT Bank also offers 3.75% APY for the Savings Connect account.
Calculate Savings Growth for CIT Bank vs Vio Bank
CIT Bank - Platinum Savings
Total savings breakdown:
- Interest earned: $2,338 (11.50%)
- Total contributions: $13,000 (63.92%)
- Initial deposit: $5,000 (24.58%)
Your total balance
$20,338.00
Total balance: $20,338
Earnings: $2,338
Bank OverviewVio Bank - Online Savings Account
Total savings breakdown:
- Interest earned: $2,570.8 (12.50%)
- Total contributions: $13,000 (63.20%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,570.80
Total balance: $20,570.8
Earnings: $2,570.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, CIT Bank's total earnings would be $232.8 lower than Vio Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare CIT Bank's vs Vio Bank's Savings Accounts
| CIT Bank | Vio Bank | |||
|---|---|---|---|---|
| Product | Platinum Savings | Savings Connect | vs | Online Savings Account |
| APY | 0.25% - 3.85% (as of 11/12/2025) | 3.75% (as of 11/12/2025) | 4.21% (as of 11/12/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $100 | $100 | $100 | |
| Minimum Balance for APY | $5,000 | $0 | $0 | |
| Maintenance Fee | $0 | $0 | $0, if electronic statements selected, otherwise $5 | |
| Direct Deposit Required | No | No | No | |
| App Store Rating | 4.8/5 | 4.6/5 | ||
| Google Play Rating | 4.3/5 | 3.3/5 | ||
| BBB Rating | A- | A+ | ||
No historical data available.