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CIT Bank Promotions

CIT Bank is currently offering six promotions. Read our in-depth review of CIT Bank to see why CIT Bank scored 4.5 stars out of 5. We like their high apy, no minimum deposit for savings, and no monthly service fees.

Compare Promotions

    Discover Bank

    Discover Online Savings - $150 Cash Bonus

    To get your $150 or $200 Bonus offer: What to do: Apply for your first Discover Online Savings Account by 10/7/19, 11:59 PM ET, online or by phone. Enter Offer Code CY919 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted by 10/21/19, 11:59 PM ET. Maximum bonus eligibility is $200.

    What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded or affinity accounts provided by Discover. Account must be open when bonus is credited. Bonus will be credited to the account by 11/4/19. Bonus is considered interest and will be reported on IRS Form 1099-INT. Offer may be modified/withdrawn without notice. See advertiser website for full details.

    Expires 10/7/2019
    Huntington Bank

    Relationship Money Market Account - Earn 2.02% APY

    • Minimum opening deposit of $25,000
    • Available to applicants residing in Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia.
    Expires 9/30/2019
    Discover Bank

    Certificate of Deposit

    • 2.40% APY for 12-month term
    • 2.45% APY for 24-month term
    • 2.50% APY for 5-year term
    Axos Bank

    Rewards Checking

    • Up to 1.25% APY
    • No minimum balance requirements
    • No fees to open or maintain account
    • Overdraft Protection
    • Daily Compounding Interest
    • FDIC insured
    NBKC Bank

    NBKC Checking Account - 1.01% APY

    • Earn 1.01% APY
    • No monthly account fees
    • No minimum balance
    • No ATM fees at 32,000+ Moneypass ATMs and up to $12/month refund for any other ATM fees

About CIT Bank

CIT Bank offers some of the highest interest rates on the market. It is an online-only bank. Because there is no overhead typical of brick-and-mortar banks, CIT can pass the savings to customers in forms of higher interest rates.

CIT offers savings, money market, and a variety of CDs. There are no maintenance fees on any of the deposit accounts.

How to Get the Best Promo at CIT Bank

  • Look for promo codes. Keep your eye out on our page for coupons. Once in a while, CIT offers deal coupons to new customers. For example, you may get a cash bonus when you open a certain account. If you see one, be aware of when the offer expires and act on it quick.

  • Get the Money Market account. CIT's money market account is one of the best out there. Its APY is one of the highest offered by CIT. You don't need a coupon code to enjoy the high rate.

What Bank Account to Open at CIT Bank

  • Money Market. CIT's money market account offers significantly higher APY rates than competitor online banks. The opening deposit is just $100 and there are no maintenance fees. The APY is even higher than that of the savings account and many CDs, and plus you get more flexibility in how you use your money.

  • Savings. The APY for CIT's savings account is pretty solid too. You just need $100 to open the account. There are no maintenance fees.

  • No-Penalty CD. If you're not sure if you can commit to not touching your money for a specific term, CIT offers a no-penalty CD with an excellent rate. You get the flexibility to withdraw your balance and interest earned without being penalized. There is a minimum deposit of $1,000.

What Not to Open at CIT Bank

  • Term CDs over 2 years. Usually, CDs with longer terms have higher APY. However, CIT's longer term CDs (2 years and above) actually have lower APYs than their 18-month CD. If you're looking for a long-term CD, other banks can offer better rates.

    Highlights

    Savings
    Savings Builder up to 2.20% APY with $25,000 minimum balance or $100 monthly deposit. $100 minimum opening deposit.
    CD
    Term CDs up to 2.40% APY. $1,000 minimum opening deposit. No monthly maintenance fee.
    Money Market
    1.85% APY. $100 minimum deposit. No monthly maintenance fee.
    Customer Service
    Monday - 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

    More Information

  • Pricing information from published website as of 9/10/2019
  • For the complete terms and conditions, view the merchant's website. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the merchant's website.
 CIT BankAlly Bank
 Visit SiteLearn More
 

CIT Bank

Ally Bank

 

Benefits and Features

SavingsSavings Builder up to 2.20% APY with $25,000 minimum balance or $100 monthly deposit. $100 minimum opening deposit.1.90% APY. No monthly service fee and no minimum deposit.
CDTerm CDs up to 2.40% APY. $1,000 minimum opening deposit. No monthly maintenance fee.0.75% to 2.45% APY. Terms of 3 months to 5 years. 12-month CD APY of 2.35%. No minimum deposit to open.
Checking 0.10% APY under $15,000; 0.60% APY $15,000 or more. No monthly service fee and no minimum deposit. Ally will refund ATM fees for other banks up to $10 per statement cycle.
Money Market1.85% APY. $100 minimum deposit. No monthly maintenance fee.0.90% APY under $25,000; 1.00% APY $25,000 or more. No monthly service fee and no minimum deposit.
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)
24/7
ATMs Over 43,000 no-fee Allpoint ATMs
Locations
Online Only
Online Only
 Visit SiteLearn More

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 9/10/2019

Ally Bank: Pricing information from published website as of 9/20/2019.


CIT Bank Alternatives

    Discover Bank

    Online Savings Account - Earn 1.90% APY

    • No fees
    • No minimum opening deposit
    • No minimum balance required
    Chase

    Chase Total Checking® + Chase Savings℠

    • Enjoy up to $350 when you open a new Chase Total Checking® account with Direct Deposit and/or open a new Chase Savings℠ account, deposit $10,000 or more in new money and maintain a $10,000 balance for 90 days
    • Enjoy a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit
    • Enjoy a $150 bonus when you open a new Chase Savings℠ account, deposit a total of $10,000 or more in new money within 20 days, and maintain a $10,000 balance for 90 days
    • Access to 16,000 Chase ATMs and nearly 5,000 branches
    • Apply online in minutes. Open your account online now.
    • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
    • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
    Axos Bank

    Rewards Checking

    • Up to 1.25% APY
    • No minimum balance requirements
    • No fees to open or maintain account
    • Overdraft Protection
    • Daily Compounding Interest
    • FDIC insured
    NBKC Bank

    NBKC Checking Account - 1.01% APY

    • Earn 1.01% APY
    • No monthly account fees
    • No minimum balance
    • No ATM fees at 32,000+ Moneypass ATMs and up to $12/month refund for any other ATM fees
    UFB Direct

    UFB High Yield Savings - Earn up to 2.15% APY

    • Earn 2.15% APY on balances of $10,000 and above
    • Member FDIC

Articles on CIT Bank

    CIT Bank Review

    December 16, 2017 - Reviews for CIT Bank
    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 CD Rates

    September 4, 2019 - Money Tips for CIT Bank
    CIT Bank is known for competitive interest rates on savings products. How are their CD rates? Find out the current rates and how they compare.

    CIT Bank Savings Builder Review

    September 3, 2019 - Money Tips for CIT Bank
    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

    August 4, 2019 - Money Tips for CIT Bank
    Want to transfer money in or out of your CIT Bank account? Read this review to find your ABA routing number.

    CIT Bank Locations

    July 27, 2019 - Money Tips for CIT Bank
    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.

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    Blooom Coupon Codes

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    Top 5 Best CD Rates

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

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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.