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Huntington Bank vs CIT Bank
Huntington is a midwest bank with great account benefits and free checking option. How does it compare to CIT Bank? Read our comparison chart below.
Huntington has nearly 1,200 branches throughout the Midwest. It offers a few checking and savings options. Minimum requirements are high on interest-bearing accounts, though it has a free checking option. 14 or 19-month CDs have a great rate with $1,000 minimum opening deposit.
While CIT Bank is an online division of First Citizens Bank. It's known for high interest rates on its savings accounts and CDs. In addition, it offers an eChecking account. All accounts have no monthly service fees.
Compare Huntington with CIT Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
0.01% APY (Premier Savings). $4 monthly fee, unless you have 1) daily average balance of $300, or 2) linked to a Huntington Asterisk-Free Checking Account. Minimum deposit of $50.
Platinum Savings: 5.05% APY with a balance of $5,000 or more
Savings Connect: 4.65% APY
Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit
CD
Regular CD APY range from 0.05% - 0.10% for amounts ranging from $1,000 - $100,000. Minimum deposit $1,000.
Term CDs up to 3.50% APY. $1,000 minimum opening deposit.
eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000
Money Market
0.05% APY for amounts of $25,000 to $2,000,000. $25 monthly maintenance fee unless there is 1) average daily balance of $25,000, or 2) linked to a Huntington Perks or Huntington Platinum Perks Checking account.
1.55% APY
Mobile App
iOS & Android
ATMs
Over 1,700 ATMs
No ATM fees from CIT Bank. Up to $30 in other banks' ATM fees reimbursed per month (for eChecking Account)
Customer Service
24/7
Mon - Fri: 9 am - 9 pm ET
Sat: 10 am - 6 pm ET
Sunday: Closed
Locations
More than 1,000 branches
Online Only
CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Mobile App
Customer Service
Pros & Cons
Pros:
Free checking option
24-Hour Grace
All day deposit
Cons:
Limited branches
Low savings APY
Pros:
High savings APY
No monthly fees
Low opening deposits
Cons:
No check writing
Bottom Line
Midwest bank with great account benefits and free checking option... Read full review
Solid online bank with excellent rates and no monthly fees... Read full review
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.
Huntington: Pricing information from published website as of 04/11/2024 based on 43215 zip code.
CIT Bank: Pricing information and data points from published website as of 04/09/2024.
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
Which is Better: Huntington or CIT Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Huntington or Chase.
In short: Huntington's customer service is impressive. CIT Bank's savings and money market are notable. In particular, the savings is outstanding.
Earn $300 for opening a Huntington Platinum Perks Checking ℠ account with qualifying requirements. Find out how to take advantage of the huge cash bonus.
Earn $200 for opening a Huntington Perks Checking ℠ account with qualifying requirements. Find out how to take advantage of the cash bonus promotion below.
Huntington Bank is offering a $0 bonus when you open a new Asterisk-Free Checking® account with qualifying requirements. Find out how to take advantage of the promotion.
You'll need the right routing number to transfer money in or out of your Huntington bank account. Learn which routing number you'll need for different transactions below.
CIT Bank has even more ways to save now. Savings Connect and Savings Builder both offer competitive rates. Find out the bank account that is best for you.
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.
CIT Platinum Savings Account boasts a higher APY than its other savings accounts. But there's a slight catch. Read on to learn how to get the highest APY.
In the modern world, there are some things you just don't have to do anymore. Like drawing water from a well. Or paying fees just to keep your bank account open.