WebMinimum Deposit: CD IRA: $250 ; Money Market Account IRA: None; Access to Your IRA: Online, mobile and physical branches. Security: FDIC insurance up to the maximum amount allowed by law. Fees: None: Current Terms and Rates: Insured Money Market Account IRA: 0.20% APY; 18-Month Variable CD IRA: 3.07% APY; CD IRA: 3 Month: 0.90% … WebMar 30, 2024 · The CIT Money Market Account requires a minimum deposit of $100 to open, but no minimum balance is required to qualify for interest. The bank offers a mid-range interest rate at 1.55% APY. And because this account does not use a tiered balance structure to determine interest, it’s a good option for people who plan to keep a lower …
4 Best Money Market Accounts - NerdWallet
WebMar 31, 2024 · CIT Money Market Features. The CIT Money Market is a high-interest account that offers a 1.55% APY on your savings balance, which is higher than many … WebDec 21, 2024 · Banks often require a minimum deposit to open the account, then a minimum balance to keep in the account. It’s usually much higher than regular savings accounts. This often means $5,000, but can be up to $10,000 at some banks. As stated above, you need to pay a fee if your balance dips below the minimum requirement. city cigar bar atlanta
8 Best Money Market Accounts for April 2024 - Investor Junkie
WebUpon the account holder's 24th birthday the account will be subject to the monthly maintenance fee unless the $100 minimum daily balance is maintained for Convenience Checking and the $300 minimum daily balance is maintained for Simple Savings. WebCIT Bank Money Market Account Rates and Terms. Rates. Amount. APY. 1.55%. CIT Bank money market offers an APY of up to 1.55% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a balance of $0. This is … Small selection of CD account types. CIT No Penalty CD only offers liquid and … WebJan 24, 2024 · Money Market Account Minimum Deposit; Axos Bank: Axos Bank High Yield Money Market: $1,000: CIT Bank: CIT Bank Money Market Account: $100: First Internet Bank: First Internet Bank Money … dictator of venezuela currently