Update: The 2.5% offer is no longer available. The new offer is now 2.2% APY.
CIT Bank has just raised the APY on their 1-Year CD to 2.50%!
With the national average on short term 1-year CD’s being just 0.65%, this is many times the national average and a great rate!
This 1 year CD is great for short term investments, with a low-minimum deposit of just $1000, and a great 2.50% return.
This CD is FDIC insured.
There is no hard credit report pull when opening this CIT Bank CD account.