CIT Bank vs Fidelity (Brokerage Cash)
Head-to-head comparison of CIT Platinum Savings and Fidelity Cash Management Account, updated daily.
CIT Bank currently wins on APY: 4.55% vs 4.05%
| Feature | CIT BankUpdated 1d ago | Fidelity (Brokerage Cash)Updated 1d ago |
|---|---|---|
| APY | 4.55%★ | 4.05% |
| Min opening deposit | $100 | $0★ |
| Min balance for APY | $5,000 | $0★ |
| Monthly fee | $0.00 | $0.00 |
| Insurance | FDIC | FDIC |
| Compounding | daily | daily |
| ATM access | No | Yes★ |
| Check writing | No | Yes★ |
| Mobile app | Yes | Yes |
| Editor rating | 4.3 / 5 | 4.6 / 5★ |
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 →Fidelity (Brokerage Cash) verdict
Fidelity's Cash Management Account is the cleanest "all-in-one" replacement for both checking and savings if you are willing to use a brokerage. The ATM fee reimbursement is industry-leading. Yield is slightly below the pure-play HYSAs but the convenience and integration usually justify it.
Read full Fidelity (Brokerage Cash) review →