Citizens Bank rate at 4.5%?

Does anyone know about the 4.5% savings rate offered by Citizens Bank? Is that a valid claim? Is the bank legitimate? It’s exclusively available online.

First Citizens Bank’s CIT division is what I was referring to. And 4.85% is the rate.

Citizens Bank itself doesn’t currently offer a 4.5% savings rate (as of July 1, 2024). It’s likely you’re looking at Citizens Access, their online bank division. They do offer competitive interest rates, but it’s a good idea to double-check their current rates on their website to be sure. Citizens Bank is a legit and reputable bank, so you can be assured your money would be safe there. Just be sure you’re on the right website ( Citizens Access ) to get that high interest rate.

I had the same terms on an account with CiT. Although not very good, the app functions. Had considerably more serious problems with Capital One’s peculiar 10,000 daily requirements.