CIT Bank vs Synchrony Bank
Head-to-head comparison of CIT Platinum Savings and Synchrony High Yield Savings, updated daily.
CIT Bank currently wins on APY: 4.55% vs 4.35%
| Feature | CIT BankUpdated 1d ago | Synchrony BankUpdated 1d ago |
|---|---|---|
| APY | 4.55%★ | 4.35% |
| 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 | No |
| Mobile app | Yes | Yes |
| Editor rating | 4.3 / 5★ | 4.2 / 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 →Synchrony Bank verdict
Synchrony is the only top-10 HYSA on our list that ships with an ATM card by default — useful if you want true cash access from a savings account. APY is competitive but not category-leading.
Read full Synchrony Bank review →