Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
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The thing that annoys me about CIT is that once you have an account opened your rate does NOT increase when they offer increased rates to new customers. I just moved $150k from there, I was back at a .95% rate!
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Thanks for this info - this is unheard of in the industry (and absurd). I'll stick with gsbank (who bumped me up recently to the 1.2%) based upon this info (nor worth moving for only a 0.01% difference anyway - and the $100 bonus is taxed as interest so is far less than $100 for me).TheGreyingDuke wrote:The thing that annoys me about CIT is that once you have an account opened your rate does NOT increase when they offer increased rates to new customers. I just moved $150k from there, I was back at a .95% rate!
Just wondering where you heard this? I was thinking about opening an account with them as they currently have the highest rate I can find. I just called CIT and the rep said the rate should change for me if it was increased. Thanks
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