Unlike GE capital, CIT Bank High Yield Savings Account has a minimum deposit amount of $100 but this account too offers 1.05% interest rate per year. However, it does not require any account opening charges, maintenance fees and after your account is funded, it does not require any minimum deposit. The accounts are categorised as tier 1 and tier 2: tier 1 does not require any daily minimum balance but tier 2 requires a daily minimum balance of $25,000.