American Express National Bank vs CIT Bank
Head-to-head comparison of American Express High Yield Savings and CIT Platinum Savings, updated daily.
CIT Bank currently wins on APY: 4.55% vs 3.20%
| Feature | American Express National BankLive | CIT BankUpdated 1d ago |
|---|---|---|
| APY | 3.20% | 4.55%★ |
| Min opening deposit | $0★ | $100 |
| Min balance for APY | $0★ | $5,000 |
| Monthly fee | $0.00 | $0.00 |
| Insurance | FDIC | FDIC |
| Compounding | daily | daily |
| ATM access | No | No |
| Check writing | No | No |
| Mobile app | Yes | Yes |
| Editor rating | 4.0 / 5 | 4.3 / 5★ |
American Express National Bank verdict
Amex is the bank you pick when you want zero surprises. It will rarely lead the APY tables, but it will also rarely fall to the bottom — Amex tends to track the Fed Funds rate cleanly. Best for existing Amex card customers who value consolidation.
Read full American Express National Bank review →CIT Bank verdict
CIT Platinum has a tiered structure that rewards larger savers. If you can keep $5,000+ in the account, the APY is among the best on this list. Below that threshold the rate drops sharply, so it is not a good fit for emergency funds being actively built up.
Read full CIT Bank review →