Capital One vs CIT Bank
Capital One is a good online bank with access to in-person support. How does it compare to CIT Bank? Read our comparison chart below.
Capital One offers competitive rates on their savings account. Their interest checking has several overdraft options in cases of accidental overdraw. There are no minimum deposits or service fees.
While 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.
Compare Capital One with CIT Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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Capital One | CIT Bank | |
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360 Checking Account - | CIT Bank Money Market Account - 0.45% APY - | |
Benefits and Features | ||
Savings | Savings Builder up to 0.40% APY with $25,000+ balance or $100 monthly deposit. | |
CD | 0.20% to 0.40% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20% | Term CDs up to 0.50% APY. $1,000 minimum opening deposit. |
Checking | eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000 | |
Money Market | ||
Customer Service | Monday - Friday: 9:00 am - 9:00 pm (ET) Saturday: 10:00 am - 6:00 pm (ET) Sunday: Closed | |
ATMs | Over 40,000 no-fee Capital One & Allpoint ATMs | |
IRA CD | 0.20% to 0.40% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20%. | |
Locations | ||
CreditDonkey® Reviews | ||
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Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Money Market | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Pros & Cons | Pros:
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Bottom Line | Good online bank with access to in-person support... | Solid online bank with excellent rates and no monthly fees... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Capital One: Pricing information from published website as of 2/24/2021. CIT Bank: Pricing information and data points from published website as of 02/16/2021 |
Which is Better: Capital One 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 Capital One or Chase.
In short: CIT Bank's savings and money market are notable. In particular, the money market is outstanding.