American Express High Yield Savings vs CIT Bank Platinum Savings
Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.
AE American Express High Yield Savings American Express National Bank 84/100 | money8020 pick CB CIT Bank Platinum Savings CIT Bank (a division of First-Citizens Bank & Trust Company) 85/100 | |
|---|---|---|
| Tier | Strong | Strong |
| APY | 3.10% | 3.75% |
| Monthly fee | $0 | $0 |
| Minimum balance | $0 | $100 |
| FDIC insured | Yes | Yes |
| Annual fee | — | — |
| Best for | Existing American Express customers who want savings in one place | Savers chasing a top-of-market APY |
| View profile | View profile |
Which should you choose: the American Express High Yield Savings or the CIT Bank Platinum Savings?
The CIT Bank Platinum Savings is the stronger pick of the two, with a money8020 score of 85/100 versus 84. Choose the American Express High Yield Savings instead if existing American Express customers who want savings in one place.
On aPY, the American Express High Yield Savings shows 3.10% versus the CIT Bank Platinum Savings's 3.75%. On minimum balance, the American Express High Yield Savings shows $0 versus the CIT Bank Platinum Savings's $100. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
American Express High Yield Savings vs CIT Bank Platinum Savings: FAQ
Is the American Express High Yield Savings or the CIT Bank Platinum Savings better?
By our scoring, the CIT Bank Platinum Savings edges ahead with a money8020 score of 85/100 versus 84. The American Express High Yield Savings can still be the better fit if existing American Express customers who want savings in one place.
What is the main difference between the American Express High Yield Savings and the CIT Bank Platinum Savings?
On aPY, the American Express High Yield Savings offers 3.10% while the CIT Bank Platinum Savings offers 3.75%. Review the full table above and confirm current terms with each provider. This is not financial advice.