CIT Bank is offering a 0.48% APY boost for 12 months when you try to transfer out your full balance from your Platinum Savings account. This account currently earns 4% APY so this brings it to 4.48% APY. If this doesn’t work you can also try calling in and asking for a retention boost.
That isn’t the current highest rate for a basic savings account, but it is somewhat competitive and readers might have already have a CIT Bank account from a previous bank bonus.
Hat tip to chukcha
