First Citizens Bank, a division of First Citizens BancShares, Inc., has launched an attractive promotion for its Platinum Savings account holders. This limited-time offer aims to boost interest earnings for both new and existing customers. The promotion, which began on February 13, 2026provides an enhanced Annual Percentage Yield (APY) for a period of six months.
The Platinum Savings account is designed to reward customers with tiered interest rates. As of January 9, 2026the standard APYs are set at 0.25% for balances ranging from $0.01 to $4,999.99 and 3.75% for balances of $5,000.00 or more. These rates are variable and subject to change at any time without notice.
Platinum savings APY boost promotion details
Under the APY Boost Promotion, eligible customers will receive an additional 0.35% APY on their Platinum Savings account balances up to $9,999,999.00. This boost applies to the current standard APY tiers for a duration of six months following the account opening or enrollment in the promotion. Balances exceeding $9,999,999.00 will continue to earn the standard APY.
It’s important to note that if the standard-published APY changes during the promotion period, the APY boost will adjust accordingly, ensuring that customers continue to benefit from a rate higher than the standard one. The promotion is set to end on June 30, 2026but may conclude earlier without prior notice.
Eligibility and account requirements
To participate in the APY Boost Promotion, customers must meet specific criteria. Both new and existing customers are eligible, provided they enroll in the promotion. The minimum deposit required to open a Platinum Savings account is $100.
For those interested in taking advantage of this offer, it’s crucial to act promptly. The promotion is time-sensitive, and enrolling before the end date ensures that customers receive the APY boost for the full six-month period as outlined in the terms and conditions.
First Citizens Bank, through its division CIT, continues to innovate and provide valuable opportunities for customers to grow their savings. This promotion is a testament to their commitment to offering competitive financial products and services.
