CreditDonkey is a bank comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†





CIT Bank vs Axos Bank

CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to Axos Bank? Read our comparison chart below.

CIT Bank offers savings accounts and multiple CDs, including a no-penalty CD. Savings and Money Market account requires $100 minimum deposit, while term CDs require $1,000 minimum deposit. There are no monthly service fees.

While Axos Bank offers a range of checking and savings products. Checking options includes a up-to 1% cashback account and rewards checking account with a higher interest rate. Savings options include savings accounts and CDs with higher-than-average rates. All accounts have no monthly service fees.

Compare CIT Bank with Axos Bank, side-by-side. Read on for an in-depth look, including ratings and reviews.

 CIT BankAxos Bank
 Visit SiteVisit Site
 

CIT Bank

Axos Bank

SPECIAL OFFER
CIT Bank Savings Builder - Up to $300 Bonus - Learn More

Read CIT Bank Review

SPECIAL OFFER
Rewards Checking - Learn More

Read Axos Bank Review

 

Benefits and Features

SavingsSavings Builder up to 1.85% APY with $25,000 minimum balance or $100 monthly deposit. $100 minimum opening deposit.1.30% APY. No minimum opening deposit. No monthly maintenance fee. Daily Compounding Interest.
CDTerm CDs up to 1.85% APY. $1,000 minimum opening deposit. No monthly maintenance fee.0.55% - 2.25% APY. Terms of 3 months to 60 months. No maintenance fee. Minimum deposit of $1,000.
CheckingeChecking: 0.25% APY with $25,000 minimum balance and 0.10% APY on balances under $25,000Earn up to 1.25% APY if you meet 2 out of 3 conditions. 1. Monthly direct deposits totaling $1,000 or more 2. Use your Axos Visa® Debit Card for a total of 10 transactions per month (min $3 per transaction). 3. Use your Axos Visa® Debit Card 5 more times, a total of 15 transactions per month (min $3 per transaction).
Money Market1.85% APY. $100 minimum deposit. No monthly maintenance fee.1.05% APY. No minimum balance requirements. No fees to open or maintain account.
Customer ServiceMonday - Friday: 8:00 am - 9:00 pm (ET)
Saturday: 9:00 am - 5:00 pm (ET)
Sunday: 11:00 am - 4:00 pm (ET)
 
Locations
Online Only
 
 

CreditDonkey® Reviews

 CIT BankAxos Bank
Savings
Checking
Money Market
Customer Service
Mobile App
Pros & ConsPros:
  • High APY
  • No monthly service fees
  • Low opening deposits
Cons:
  • No physical locations
  • No check writing
Bottom LineSolid online bank with excellent rates and no monthly fees... Read full review Read full review
 Visit SiteVisit Site
What Others View

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

CIT Bank: Pricing information from published website as of 10/1/2019

Axos Bank: Pricing information from published website as of 07/18/2019.

Which is Better: CIT Bank or Axos Bank?

Still need help deciding which bank is better? Read the in-depth reviews below. You may also be interested in comparing CIT Bank or Chase.


Articles on CIT Bank

    CIT Bank Review

    Want a higher interest rate at a good FDIC insured bank? CIT is tempting, but there are downsides you should not ignore. Read this review before you open an account.

    CIT Bank Login

    Forgot your CIT Bank username? We'll show you how to login your online bank account.

    CIT Bank Complaints

    CIT Bank offers a high APY. But there are some downsides, too. Read on to learn more about CIT Bank common complaints and possible solutions.

    CIT Bank CD Rates

    CIT Bank is known for competitive interest rates on online savings products. How are their CD rates? Check out the current rates and how they compare below.

    CIT Bank Savings Builder Review

    If you can save just $100 per month, you can earn a high APY with CIT Bank's Savings Builder. Find out if this bank is good for you.

    CIT Bank Routing Number

    Want to transfer money in or out of your CIT Bank account? Read this review to find your ABA routing number.

    CIT Bank Locations

    CIT Bank is an online only bank with no physical branches. Find out how to manage your account, reach customer service, and the bank's current offers.

Articles on Axos Bank


Which Do You Think is Best?


You Might Also Like

    Best Online Bank

    Online banks are convenient, pay higher interest rates, and have less fees. Read on for our list of the best online banks for your money.

    Average Savings Account Interest

    The average savings account interest rate is 0.6%. Many big banks offer even lower rates. Read this for the surprising truth about savings accounts.

Compare CIT Bank to:


You might also be interested in

Ally Bank Routing Number

Looking to transfer money in or out of your Ally account? You'll need the right routing number. Find your Ally routing number and learn more about money transfers in our guide.

Compare Axos Bank to:


Next Page:

About CreditDonkey®
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.