CIT Bank is paying the top rate on 12 month CDs. You can earn 1.15% APY with the certificate of deposit.
The deal, which requires you to make a deposit of $25,000, is being offered online. The bank calls this an ‘achiever CD’, which is commonly known as an add-on CD. With this, you can raise the CD rate once, in case it rises in the term for which you take the certificate of deposit.
