CIT Bank Review

CIT Bank is currently an online-only service, though their solid banking history dates back to 1908, with competitive annual percentage yields (APYs), zero fees, and now convenient digital access.

Enjoy the freedom of online banking, extended customer service hours, and small minimum deposit requirements, all while earning impressive interest rates on your savings and checking accounts.

CIT Bank, Member FDIC.

Pros

• Competitive interest rates
• No account fees
• Responsive customer support
• Highly-rated mobile banking features

Cons

• Digital only services
• Traditional bank offerings of IRAs, auto loans, or credit cards are not available.

How Does CIT Bank Work?

With a strong emphasis on digital convenience, CIT Bank offers fee-free and accessible banking without physical branches and its own ATM network. Customers benefit from 24/7 access to their accounts, competitive APYs, and no account fees, including fee-free overdrafts and out-of-network ATM reimbursements.

A wide range of banking services are accessible through CIT Bank's highly-rated mobile app, which includes features such as digital check deposits. CIT Bank also offers online bill pay and budgeting tools, as well as the ability to send and receive money to others quickly and easily.

The bank also has a suite of other digital services such as online retirement planning, investment tracking, and financial planning. Customer service and support is offered through a variety of channels, including phone, email, and live chat.

Key Features

• Up to 4.10% APY on the Platinum Savings account
• Up to $30 per month in reimbursements for out-of-network ATMs charges
• FDIC insurance up to $250,000, plus two-factor authentication and SSL/AES encryption
• Low minimum deposit requirements

Our site is regularly updated with new rates.
For the latest info, click here to visit CIT Bank's site.

Final Thoughts

CIT Bank offers competitive APYs and a range of personal banking products, including savings accounts, eChecking accounts, and money market accounts.

Customers can benefit from extended customer service hours, excellent mobile banking options, and robust security features, all while earning competitive interest rates on their deposits.

CIT Bank, Member FDIC.

CIT Bank reserves the right to change rates, fees, and other pricing. For the most up-to-date information and to explore CIT Bank's products, please click the button above to visit their site.

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CIT Bank Disclaimer: This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria. Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.35% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate. The Promotion begins on February 13, 2026, and ends April 13, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6-month period outlined in the terms and conditions. The promotion can end at any time without notice.