CIT Bank Savings Connect is a high-yield savings account that offers a number of features to help you save money and reach your financial goals. In this article, we will take a step-by-step look at the features of the Savings Connect account and how you can use them to your advantage.
Open an Account
The first step in using the Savings Connect account is to open one. You can do this online through the CIT Bank website. The process is simple and can be completed in just a few minutes. You will need to provide some personal and financial information, such as your name, address, and Social Security number.
Set up Direct Deposit
One of the most convenient features of the Savings Connect account is the ability to set up direct deposit. This allows your paycheck or other regular income to be deposited directly into your savings account, making it easy to save money automatically. To set up direct deposit, you will need to provide your employer with your account information.
Make Online Transfers
Another feature of the Savings Connect account is the ability to make online transfers. This allows you to easily transfer money between your savings account and other accounts, such as your checking account or a credit card. You can also use online transfers to make payments to other people or businesses. To make an online transfer, you will need to log into your account on the CIT Bank website.
Monitor Your Account Activity
The Savings Connect account also offers the ability to monitor your account activity. This allows you to see your account balance and transaction history at any time. You can also set up account alerts to notify you of a certain activity, such as when your account balance drops below a certain amount. To monitor your account activity, you will need to log into your account on the CIT Bank website.
Take Advantage of the High-Interest Rate
One of the biggest advantages of the Savings Connect account is its high-interest rate. CIT Bank currently offers a 1.45% APY on their savings account which is much higher than the national average of 0.05%. With this high-interest rate, your money will grow faster, helping you to reach your savings goals more quickly.
Enjoy 24/7 Customer Support
Finally, the Savings Connect account offers 24/7 customer support. This means that you can contact CIT Bank at any time, day or night if you have any questions or concerns about your account. You can reach customer support by phone, email, or through live chat on the CIT Bank website.
Summary
In conclusion, CIT Bank Savings Connect is a high-yield savings account that offers a number of features to help you save money and reach your financial goals. With its ability to set up direct deposit, make online transfers, monitor account activity, and take advantage of a high-interest rate, it is a great choice for anyone looking to grow their savings. Additionally, with 24/7 customer support, you can always have peace of mind.
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Updated January 30, 2023