Young Americans Are Planning and Saving for Bigger Vacations This Summer, New CIT Bank Survey Finds
CIT Bank (NYSE:FCNCA), a division of First Citizens Bank, released its 2025 Summer Savings Survey revealing that 33% of Americans prioritize saving for travel and vacations over other major expenses. The survey highlights that 47% of Americans plan summer vacations, with higher participation among younger generations - 54% of Gen Z and 56% of Millennials.
Younger travelers are showing more ambitious travel plans, with 41% of Millennials and 35% of Gen Z planning international trips, compared to lower percentages for older generations. Additionally, 48% of Millennials and 44% of Gen Z are planning vacations costing $5,000 or more.
The bank promotes its high-yield savings accounts, including Platinum Savings and Savings Connect, offering interest rates up to 10x the national average to help customers achieve their vacation savings goals.
CIT Bank (NYSE:FCNCA), una divisione di First Citizens Bank, ha pubblicato il suo sondaggio estivo 2025 sui risparmi, rivelando che il 33% degli americani dà priorità al risparmio per viaggi e vacanze rispetto ad altre spese importanti. Il sondaggio evidenzia che il 47% degli americani pianifica vacanze estive, con una partecipazione maggiore tra le generazioni più giovani - il 54% della Generazione Z e il 56% dei Millennials.
I viaggiatori più giovani mostrano piani di viaggio più ambiziosi, con il 41% dei Millennials e il 35% della Generazione Z che prevedono viaggi internazionali, percentuali più basse invece per le generazioni più anziane. Inoltre, il 48% dei Millennials e il 44% della Generazione Z pianificano vacanze dal costo di 5.000 dollari o più.
La banca promuove i suoi conti di risparmio ad alto rendimento, tra cui Platinum Savings e Savings Connect, offrendo tassi di interesse fino a 10 volte la media nazionale per aiutare i clienti a raggiungere i loro obiettivi di risparmio per le vacanze.
CIT Bank (NYSE:FCNCA), una división de First Citizens Bank, publicó su Encuesta de Ahorros de Verano 2025, revelando que el 33% de los estadounidenses priorizan ahorrar para viajes y vacaciones sobre otros gastos importantes. La encuesta destaca que el 47% de los estadounidenses planea vacaciones de verano, con mayor participación entre las generaciones más jóvenes: el 54% de la Generación Z y el 56% de los Millennials.
Los viajeros jóvenes muestran planes de viaje más ambiciosos, con un 41% de los Millennials y un 35% de la Generación Z planeando viajes internacionales, en comparación con porcentajes menores en generaciones mayores. Además, el 48% de los Millennials y el 44% de la Generación Z están planeando vacaciones que cuestan $5,000 o más.
El banco promociona sus cuentas de ahorro de alto rendimiento, incluyendo Platinum Savings y Savings Connect, ofreciendo tasas de interés hasta 10 veces el promedio nacional para ayudar a los clientes a alcanzar sus metas de ahorro para vacaciones.
CIT 은행(NYSE:FCNCA), First Citizens Bank의 한 부서가 2025년 여름 저축 설문조사를 발표하며 미국인의 33%가 다른 주요 지출보다 여행과 휴가를 위한 저축을 우선시한다고 밝혔습니다. 설문조사에 따르면 미국인의 47%가 여름 휴가를 계획 중이며, 젊은 세대에서 참여율이 더 높아 Z세대의 54%와 밀레니얼 세대의 56%가 포함됩니다.
젊은 여행객들은 더 야심찬 여행 계획을 세우고 있으며, 밀레니얼 세대의 41%와 Z세대의 35%가 해외여행을 계획 중인 반면, 나이 든 세대는 비율이 낮습니다. 또한 밀레니얼 세대의 48%와 Z세대의 44%가 5,000달러 이상 비용이 드는 휴가를 계획하고 있습니다.
은행은 Platinum Savings와 Savings Connect를 포함한 고수익 저축 계좌를 홍보하며, 고객이 휴가 저축 목표를 달성할 수 있도록 국가 평균의 10배에 달하는 이자율을 제공합니다.
CIT Bank (NYSE:FCNCA), une division de First Citizens Bank, a publié son enquête sur les économies d'été 2025 révélant que 33 % des Américains privilégient l'épargne pour les voyages et les vacances plutôt que pour d'autres dépenses majeures. L'enquête souligne que 47 % des Américains prévoient des vacances d'été, avec une participation plus élevée chez les générations plus jeunes - 54 % de la génération Z et 56 % des Millennials.
Les jeunes voyageurs affichent des projets de voyage plus ambitieux, avec 41 % des Millennials et 35 % de la génération Z planifiant des voyages à l'international, contre des pourcentages plus faibles chez les générations plus âgées. De plus, 48 % des Millennials et 44 % de la génération Z prévoient des vacances coûtant 5 000 $ ou plus.
La banque met en avant ses comptes d'épargne à rendement élevé, notamment Platinum Savings et Savings Connect, offrant des taux d'intérêt jusqu'à 10 fois la moyenne nationale pour aider les clients à atteindre leurs objectifs d'épargne pour les vacances.
CIT Bank (NYSE:FCNCA), eine Abteilung der First Citizens Bank, veröffentlichte ihre Sommer-Sparumfrage 2025 und zeigte, dass 33 % der Amerikaner das Sparen für Reisen und Urlaub gegenüber anderen großen Ausgaben priorisieren. Die Umfrage hebt hervor, dass 47 % der Amerikaner Sommerurlaube planen, mit höherer Beteiligung bei jüngeren Generationen – 54 % der Generation Z und 56 % der Millennials.
Jüngere Reisende zeigen ambitioniertere Reisepläne, wobei 41 % der Millennials und 35 % der Generation Z internationale Reisen planen, im Vergleich zu niedrigeren Anteilen bei älteren Generationen. Zudem planen 48 % der Millennials und 44 % der Generation Z Urlaube, die 5.000 US-Dollar oder mehr kosten.
Die Bank bewirbt ihre hochverzinslichen Sparkonten, darunter Platinum Savings und Savings Connect, die Zinssätze von bis zu dem 10-fachen des nationalen Durchschnitts bieten, um Kunden dabei zu helfen, ihre Sparziele für den Urlaub zu erreichen.
- Survey shows strong consumer confidence in travel spending despite economic pressures
- High percentage of younger generations (Gen Z and Millennials) planning expensive international travel indicates robust discretionary spending
- Bank offers competitive high-yield savings products with rates 10x the national average
- None.
Though saving up for a rainy day or a new car are also high priorities, planning for their next getaway is top of mind for more Americans — and for good reason.
"Saving for a vacation is an optimistic and aspirational financial goal," said Jose Castro, head of CIT Bank, a division of First Citizens Bank. "You spend months looking forward to the trip, then you can enjoy the experience knowing you're financially prepared. Afterward, you return home with memories that can last a lifetime."
One-Third of Americans are Saving for Vacation
When asked which big purchases Americans are saving for in 2025, the number one response from
Warm weather and a break from school have made summer vacations an especially enduring tradition for Americans — a tradition that younger people are carrying on. While
Younger Americans Have Bigger Vacation Plans
Not only are Gen Z and Millennials more likely to plan summer vacations, they also intend to go farther and spend more than older Americans. Forty-one percent of Millennials and
Whether they're traveling internationally or planning a luxurious trip closer to home, young Americans also intend to spend more:
Making Vacation Saving Easier
For many people, planning the vacation is as much fun as the trip itself. Others prefer the spontaneity of last-minute travel, which can be financially feasible with a vacation fund. Setting up a recurring transfer or direct deposit to a dedicated high-yield savings account gets savers closer to their goal with every paycheck and interest payment. Those kinds of consistent deposits can add up fast.
"A high-yield savings account, like CIT Bank's Platinum Savings or Savings Connect, is an ideal place for your vacation fund," Castro said. "Growing your money in a CIT Bank high-yield savings account, separate from your day-to-day spending, makes it easier to stick to your savings plan. With interest rates up to 10x the national average2, we can help you get there a little faster."
CIT Bank is an FDIC-insured, top-10 online bank backed by the strength and stability of First Citizens Bank. Whether for dream vacations, big purchases or daily living expenses, CIT Bank is committed to growing and preserving savings safely and securely.
About First Citizens Bank
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in
- This survey was conducted online within
the United States by The Harris Poll on behalf of CIT Bank from June 12-16, 2025, among 2,083 adults ages 18 and older. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 2.5 percentage points using a95% confidence level. - Based on comparison to the national average Annual Percentage Yield (APY) on savings accounts as published in the FDIC National Rates and Rate Caps, accurate as of July 21, 2025.
Contact:
Angela English
803-931-1854
angela.english@firstcitizens.com
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SOURCE First Citizens BancShares, Inc.
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