With a CIT Bank No-Penalty CD, you get the security of an 11-month CD and know you can withdraw the total balance and interest earned without penalty seven days or later after funds have been received. No withdrawals permitted during the first six days after receipt of funds.
- No monthly service fees
- Daily compounding
- FDIC Insured
Open a 11-Month No-Penalty CD in 3 simple steps!
- Enter Your Info: We require your address, phone, email and social security number (or other taxpayer ID).
- Fund Your Account: Minimum of $1,000 to open your account. You can transfer funds with electronic transfer, mail in check, or wire.
- Now You’re Done: We’ll send a confirmation email.
Why choose between a top rate and easy money access? Get both with the 11-Month No-Penalty CD.
Lock in a great rate for 11 months. If you need your funds prior to the maturity date, you can withdraw your money — including any interest earned — beginning seven days after the funds have been received. No penalty. No problem. It’s the security of a CD with the flexibility to access your funds early if you need them.