CIT has lowered its savings builder rate to 2.20% from 2.30%. The account peaked at 2.45% earlier this year. It continues to require a $25,000 balance or a $100 monthly deposit. This Savings Builder account is still more competitive than the savings and money market account rates at most other major online banks.
Every year, Americans collectively lose at least $80 billion in income just by putting their savings in the wrong bank accounts. BestCashCow is the most comprehensive bank rate site on the Internet and our mission is to help you to avoid your share of these losses and to earn and save more. By displaying all of the rates from over 8,000 banks and 7,700 credit unions, we enable you to move your money to more profitable places. You can learn more about the company here.
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Last Update on November 16, 2019
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