CIT Bank vs Wealthfront (Brokerage Cash)
Head-to-head comparison of CIT Platinum Savings and Wealthfront Cash Account, updated daily.
CIT Bank currently wins on APY: 4.55% vs 4.50%
| Feature | CIT BankUpdated 1d ago | Wealthfront (Brokerage Cash)Updated 1d ago |
|---|---|---|
| APY | 4.55%★ | 4.50% |
| Min opening deposit | $100 | $1★ |
| Min balance for APY | $5,000 | $0★ |
| Monthly fee | $0.00 | $0.00 |
| Insurance | FDIC | FDIC |
| Compounding | daily | monthly |
| ATM access | No | Yes★ |
| Check writing | No | Yes★ |
| Mobile app | Yes | Yes |
| Editor rating | 4.3 / 5 | 4.7 / 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 →Wealthfront (Brokerage Cash) verdict
Wealthfront's Cash Account is technically a brokerage sweep product, not a bank account — but the practical experience is identical, and the FDIC pass-through coverage ceiling is the highest on this list. If you have over $250k in cash, Wealthfront is the cleanest way to keep it fully insured in one place.
Read full Wealthfront (Brokerage Cash) review →