CIT Bank vs. Marcus by Goldman Sachs
CIT Bank's Platinum Savings pays 3.75% APY while Marcus by Goldman Sachs's Marcus Online Savings Account pays 3.40% 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 $35 more than Marcus by Goldman Sachs annually ($375 vs $340).
Choose CIT Bank if getting the best rate matters most, or you want Zelle for quick transfers.
| Metric | CIT BankPlatinum Savings Sep 10, 2026 | Marcus by Goldman SachsMarcus Online Savings Account Sep 10, 2026 |
|---|---|---|
| APY | 0.25% - 3.75% | 3.40% |
Earns in a year | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$170 $10,000+$340 $25,000+$850 |
Min. Deposit | $100 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | This is a tiered savings account, where the stated APY requires meeting the $5,000 balance requirement. Lower balances earn a lower APY. | - |
| Features | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingStable Rate | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingStable Rate |
Market Reality Check
Both of these institutions offer rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.
Comparison Analysis
Comparing CIT Bank vs. Marcus by Goldman Sachs
Executive Summary
CIT Bank has offered the higher headline APY since February 4, 2026, by 35 basis points today. CIT Bank paid 2.69% on average across all deposits. Its savings account offers 3.75%. In comparison, Marcus by Goldman Sachs paid 3.33% on average across all deposits. Its savings account offers 3.4%. At a balance of $10,000, CIT Bank's rate remains at 3.75%, while Marcus by Goldman Sachs offers 3.4%.
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 3.40%)
- Offers 2 different high-yield savings options
- Fast transfers via Zelle®
Why Marcus by Goldman Sachs?
No distinct advantages found vs CIT Bank.
Key Feature Differences
Better Returns at $10,000
CIT BankCIT Bank's Platinum Savings earns more on smaller deposits (approx. $375 vs $340/yr).
Better Returns at $25,000
CIT BankCIT Bank's Platinum Savings pulls ahead with larger amounts (approx. $938 vs $850/yr).
Better 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 $35 more interest on a $10,000 balance than Marcus by Goldman Sachs's Marcus Online Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
CIT Bank vs. Marcus by Goldman Sachs Savings Calculator
You earn $35 more with CIT Bank than Marcus by Goldman Sachs 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
Marcus by Goldman Sachs
Marcus Online Savings Account
Savings Breakdown
- Interest Earned+$340.00(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,340.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $335 a year in interest.
Both CIT Bank and Marcus by Goldman Sachs advertise far more than that typical branch-bank rate.
| Feature | CIT Bank | Marcus by Goldman Sachs |
|---|---|---|
| APY | 3.75% Range: 0.25% - 3.75% Observed: 9/10/2026 Stable over 90 days | 3.40% Observed: 9/10/2026 Stable over 90 days |
| Product Name | Platinum Savings | Marcus Online Savings Account |
| Minimum Deposit | $100 | $0 |
| Min. Balance for APY | $5,000 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | Not reported | 5 (MA, NJ, NY, UT) |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Supported for eChecking users post-First Citizens merger. | Not Supported |
| BBB Rating | A+ | Not Rated |
| Important Notes | This is a tiered savings account, where the stated APY requires meeting the $5,000 balance requirement. Lower balances earn a lower APY. | - |
| Next Steps | Visit SiteVerify at CIT Bank Non-sponsored link to official site | Visit SiteVerify at Marcus by Goldman Sachs Non-sponsored link to official site |
Compare Savings Rates Over Time
Historical Performance
| Metric | CIT Bank | Marcus by Goldman Sachs | |
|---|---|---|---|
| Platinum Savings | Savings Connect | Marcus Online Savings Account | |
Current APY | 3.75% | 3.65% | 3.40% |
Trend | Stable | Stable | Stable |
Speed of change | -0.03 | -0.03 | -0.01 |
Days Since Change | 294 | 294 | 99 |
12-Month High | 4.00% | 3.90% | 3.65% |
12-Month Low | 3.75% | 3.65% | 3.40% |
Changes per month | 0.17 | 0.17 | 0.17 |
Steadiness | 0.017 | 0.018 | 0.009 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 363-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
Compare Similar High-Yield Accounts
Compare CIT Bank vs...
Comparing against Standard Savings
Compare Marcus by Goldman Sachs vs...
Comparing against Standard Savings
High Rates (With Checking Bundle)
Looking for something different? Check out these top-rated alternatives.