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.

	Capital One	CIT Bank
	SPECIAL OFFER Current Promotion - Learn More Read Capital One Review	SPECIAL OFFER CIT Bank Savings Builder - Up to $300 Bonus - Learn More Read CIT Bank Review
	Benefits and Features
Savings	1.80% APY. No monthly service fee and no minimum deposit.	Savings Builder up to 1.85% APY with $25,000 minimum balance or $100 monthly deposit. $100 minimum opening deposit.
CD	0.60% to 2.10% APY. Terms of 6 months to 5 years. 12-month CD APY of 2.10%. No deposit to open.	Term CDs up to 1.85% APY. $1,000 minimum opening deposit. No monthly maintenance fee.
Checking	0.20% APY under $50,000; 0.50% APY $50,000 or more; 0.75% APY $100,000 or more. No monthly service fee and no minimum deposit. Overdraft options prevent you from being charged when you accidentally overdraw	eChecking: 0.25% APY with $25,000 minimum balance and 0.10% APY on balances under $25,000
Money Market	0.85% APY up to $9,999.99; 1.70% APY $10,000 or more. No monthly service fee and no minimum deposit.	1.85% APY. $100 minimum deposit. No monthly maintenance fee.
Customer Service	Mon-Sun: 8am - 11pm (ET)	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)
ATMs	Over 39,000 no-fee Capital One & Allpoint ATMs
IRA CD	0.60% to 2.10% APY. Terms of 6 months to 5 years. 12-month CD APY of 2.10%.
Locations	Online Only	Online Only
	CreditDonkey® Reviews
Savings
Checking
Money Market
Customer Service
Mobile App
Pros & Cons	Pros: Overdraft protection options No account minimums 27 Capital One cafes for in-person support Cons: Lower savings APY compared to other online banks	Pros: High APY No minimum deposit for savings No monthly service fees Cons: No checking accounts No ATM card
Bottom Line	Good online bank with access to in-person support... Read full review	Solid online bank with excellent rates and no monthly fees... Read full review
	Current Promotion Capital One 360 Checking - $25 Offer Capital One 360 Savings - $25 Offer	CIT Bank Savings Builder - Up to $300 Bonus Open a CIT Bank 1.85% APY Savings Builder High Yield Savings Account CIT Bank Savings Builder - $150 Bonus
What Others View	Chase Discover Bank HSBC Bank
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 11/15/2019. CIT Bank: Pricing information from published website as of 10/1/2019

Which is Better: Capital One or CIT Bank?

Still need help deciding which bank 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.

Articles on Capital One

Capital One 360 Review
Capital One 360 checking and savings accounts are free to open and offer higher-than-average APY rates. Does this popular web bank live up to its claims? Find out if it's right for you.
• Capital One vs Chase
• Capital One vs Citibank
• Capital One vs Discover Bank
Capital One Routing Number
What is the routing number for Capital One? Find the right one for your account with our guide.
• Capital One vs TD Bank
• Capital One vs Bank of America
• Capital One vs Wells Fargo

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 vs Ally Bank
• CIT Bank vs Synchrony Bank
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 savings products. How are their CD rates? Find out the current rates and how they compare.
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.

Which Do You Think is Best?

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