CIT Bank Locations

CIT Bank is an online bank that offers a variety of savings products. Find out how to manage your account, reach customer service, and the bank's current offers.

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CIT Bank Locations

CIT is an online bank based in Raleigh, North Carolina. Because of CIT's merger with First Citizens Bank, you can now enjoy greater banking convenience from any First Citizens Bank location.

CIT Bank also does not have an ATM network. But it doesn't charge any ATM fees and even reimburses up to $30 per month in other banks' ATM fees.

Pros & Cons of Banking with CIT

Pros

• CIT Platinum Savings offers high 4.00% APY with a balance of $5,000 or more (see offer)
  
• No monthly service fees on any of CIT's accounts
  
• Low opening deposits ($100 for savings accounts and $1,000 for CDs)
  
• Minimal banking fees

Cons

• No check writing from the checking account
  
• Incoming ACH transfers and check deposits may take a few days
  
• May experience long wait times on the phone

Member FDIC

CIT Bank Platinum Savings - 4.00% APY

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• 4.00% APY with a balance of $5,000 or more
• 0.25% APY with a balance of less than $5,000
• $100 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

Member FDIC

CIT Bank Savings Connect - 3.90% APY

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• Earn 9x the national average
• $100 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

CIT Bank Term CDs - Up to 3.50% APY

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• Up to 3.50% APY
• $1,000 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

Term	CD Rates
6 Month	3.00% APY
1 Year	0.30% APY
13 Month	3.50% APY
18 Month	3.00% APY
2 Year	0.40% APY
3 Year	0.40% APY
4 Year	0.50% APY
5 Year	0.50% APY

Compare High-Yield Savings

High-Yield Savings Account - 4.31% APY

• $1 minimum deposit
• No fees
• 24/7 online access to funds
• FDIC insured

Click Here to Get Deal

How to Open a CIT Account

All CIT accounts must be opened online. It takes just a few minutes.

1. Start here to open a new account.

2. Provide your name, address, phone, email, and Social Security number (or other taxpayer ID).
   Related: CIT Bank Promo Code
   

3. Fund your account via electronic transfer from a linked checking or savings account, bank wire, or mail-in check.

CIT Customer Service Number & Hours

New and existing CIT customers can call to speak to representatives at:

855-462-2652 (within U.S.)
626-535-8964 (outside U.S.—toll call)

You can reach representatives at these hours:

Mon - Fri: 9 am - 9 pm ET
Sat: 10 am - 6 pm ET
Sunday: Closed

If you're a new customer and have questions about opening an account, you can contact CIT Bank via phone. CIT does not offer a contact email or live chat for new customers. Also, you can now bank at any First Citizens Bank location.

Other Ways to Contact CIT

Here are some other ways to contact CIT and manage your account:

• Online and Mobile Banking
  Existing customers can send CIT secure emails through their online account. Online and mobile banking is available 24/7.

• Automated Phone Line
  Existing customers can check their account balance anytime via CIT's automated phone service at 855-462-2652.

• Mail In
  Banking forms and checks can be mailed to:
  CIT Bank, N.A.
  P.O. Box 7056
  Pasadena, CA 91109-9699

• Fax
  CIT's fax number is 866-914-1578.

About CIT Bank

CIT Bank is a division of First Citizens Bank. Headquartered in North Carolina, First Citizens has more than 120 years in business. Because CIT is an online bank, it can save on operating costs and offer customers higher interest rates and lower fees.

CIT Bank only offers online bank products. This includes checking, savings accounts, money market, and CDs.

It also offers home loans, as well as commercial banking and financing to small businesses.

CIT Bank Current Offers

Member FDIC

CIT Bank Platinum Savings - 4.00% APY

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• 4.00% APY with a balance of $5,000 or more
• 0.25% APY with a balance of less than $5,000
• $100 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

Member FDIC

CIT Bank Savings Connect - 3.90% APY

Visit Bank Website

• Earn 9x the national average
• $100 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

CIT Bank Term CDs - Up to 3.50% APY

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• Up to 3.50% APY
• $1,000 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

Term	CD Rates
6 Month	3.00% APY
1 Year	0.30% APY
13 Month	3.50% APY
18 Month	3.00% APY
2 Year	0.40% APY
3 Year	0.40% APY
4 Year	0.50% APY
5 Year	0.50% APY

Member FDIC

CIT Bank No Penalty CD - 3.50% APY

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• 3.50% APY
• Option to withdraw full balance and interest after 7 days of CD funding date
• $1,000 minimum to open an account
• 11 months
• No monthly maintenance fee
• Member FDIC

Member FDIC

eChecking

• Open your eChecking account with as little as $100
• No monthly fees. No overdraft fees.
• Up to $30 in bank ATM fees reimbursed per month
• Transfer, pay and purchase via mobile with Zelle®, Bill Pay, Samsung Pay and Apple Pay
• Deposit checks and make unlimited withdrawal and disbursements with the CIT Bank mobile app

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Member FDIC

13 Month CD - 3.50% APY

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Self-Directed Investing - Up to $750 Bonus

Open a new Self-Directed Investing account through First Citizens Wealth. Make an initial funding deposit of at least $1,000 not on deposit with CIT Bank and maintain the initial opening deposit for a 60-day qualifying period after account opening date. The bonus will depend on the initial funding amount and will be deposited into the customer's Savings or eChecking account within 30 days following the initial 60-day qualifying period.

Initial Deposit	Bonus Amount
$1,000 - $4,999	$25
$5,000 - $9,999	$50
$10,000 - $49,999	$100
$50,000 - $99,999	$200
$100,000 - $249,999	$350
$250,000+	$750

This offer is only available to CIT Bank customers with an existing savings or eChecking account.

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18 Month CD - 3.00% APY

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6 Month CD - 3.00% APY

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CIT Bank Money Market Account - 1.55% APY

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• 1.55% APY
• $100 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

Bottom Line

CIT Bank offers competitive interest rates with relatively low opening requirements. It is a good place for savings if you can deal with some inconveniences, like not having paper checks and slower money transfer times.