Chase vs CIT Bank
Chase is a national bank with good promotions for new customers. How does it compare to CIT Bank? Read our comparison chart below.
Chase is one of the biggest banks in the nation with more than 4,700 branches and over 16,000 ATMs. They offer a variety of banking, loans and investing services.
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 Chase with CIT Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| SPECIAL OFFER Chase Bank $200 Bonus - Learn MoreRead Chase Review | SPECIAL OFFER CIT Bank Money Market Account - Learn MoreRead CIT Bank Review |
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| Benefits and Features |
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Savings |
- Chase Savings: $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account OR for owners under 18. $0 to open.
- Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account.
| Savings Builder up to 0.55% APY with $25,000+ balance or $100 monthly deposit. |
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CD | Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee. | Term CDs up to 0.50% APY. $1,000 minimum opening deposit. |
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Checking |
- Chase Total Checking®
- Chase Premier Plus Checking: An interest-bearing account with some perks. $25 monthly service waived with an average beginning day balance of $15,000 OR a Chase mortgage with auto pay. $0 minimum balance to open.
- Chase Sapphire Checking: A premium checking account for those with $75,000 or more on deposit with Chase. $0 minimum balance to open.
- Chase College Checking: No monthly service fee for college students age 17-24 at account opening with proof of student status, for up to 5 years. $0 to open.
- Chase Private Client Checking: For high net worth individuals who have $250,000 on deposit with Chase.
| eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000 |
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Money Market | | 0.70% APY |
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Customer Service | |
- Monday - Friday: 9:00 am - 9:00 pm (ET)
- Saturday: 10:00 am - 6:00 pm (ET)
- Sunday: Closed
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ATMs | 16,000 Chase ATMs | |
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Locations | Over 4,700 | Online Only |
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| CreditDonkey® Reviews |
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Savings |      |      |
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Checking |      |      |
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Customer Service |      |      |
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Mobile App |      |      |
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Money Market | |      |
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Pros & Cons | Pros:- More than 4,700 branches
- New customer coupons
- Full service banking
Cons:- Low interest rates
- Not in all states
| Pros:- High yield
- No monthly service fees
- Low opening deposits
Cons:- No physical locations
- No check writing
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Bottom Line | National bank with good promotions for new customers... Read full review | Solid online bank with excellent rates and no monthly fees... Read full review |
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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. Chase: Pricing information and data points from published website as of 12/17/2020 CIT Bank: Pricing information and data points from published website as of 06/29/2021 |

Member FDIC
Expires 7/20/2022
- New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account and set up direct deposit
- Access to 16,000 Chase ATMs and more than 4,700 branches
- Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
- Chase Overdraft Assist℠: $0 overdraft fee when you overdraw your account $50 or less*
*We won't charge an overdraft fee if you are overdrawn $50 or less at the end of the business day. Chase may pay, for a $34 fee, overdraft transactions at our discretion based on your account history, deposits and transaction amount. If you've enrolled in Debit Card Coverage, everyday debit card purchases like groceries, may be approved at our discretion when you don't have enough money in your account.

Member FDIC
Expires 7/21/2022
- Earn $300 when you open a new Chase Business Complete Checking account. For new Chase business checking customers with qualifying activities.
- Multiple ways to waive the Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card.
- Built-in card acceptance. Accept card payments anytime, anywhere in the U.S., and get transparent pricing with Chase QuickAccept℠
- Same-day deposits with QuickAccept℠. Free up the cash you need to keep your business moving forward with same-day deposits at no additional cost.
- Alerts to help you stay on top of your account activity.
- Easy account management through Chase Business Online and the Chase Mobile® app.
- Unlimited electronic deposits, ACH and Chase QuickDeposit℠.
- Convenient access to 16,000 ATMs and more than 4,700 branches.

Member FDIC
Expires 7/20/2022
- New Chase checking customers enjoy $100 when you open a Chase Secure Banking℠ account with qualifying activities.
- No minimum deposit to open.
- No paper checks to track and no Chase fees on money orders or cashier's checks.
- Pay bills, cash checks and send money with Zelle® all for a $4.95 monthly service fee.
- Use the Chase debit card to help you spend only the money you have available, without worrying about overdraft fees.
- Bank from virtually anywhere with access to 16,000 Chase ATMs, more than 4,700 Chase branches, the Chase Mobile® app and Chase Online℠.
- Secure Banking customers told us they save an average of $50 a month on fees after opening their account.
- No need to worry about unauthorized card transactions when reported promptly with Zero Liability Protection.

Member FDIC
To get your year of Amazon Prime ($139 cash value):
- Open a new Money Market account using promo code AMZN22.
- Fund your account with $15,000 within 15 days.
- Keep a minimum balance of $15,000 for 60 days.
After 60 days, if you've fulfilled the requirements, CIT will send you an email with your Prime membership code. Existing Amazon Prime members can use the one year of Amazon Prime to renew their membership for an additional year. Limit one Money Market promotion per account and per customer. Conditions apply. See advertiser website for details.

Member FDIC
- 0.70% APY
- $100 minimum opening deposit
- No monthly maintenance fee

Member FDIC
Earn up to 0.55% APY. Here's how it works: Maintain a minimum balance of $25k OR make at least a $100 minimum deposit every month. Member FDIC
Which is Better: Chase 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 Chase or Citibank.
In short: CIT Bank's savings is notable.
Articles on Chase
Chase has new customer bonuses and a strong nationwide presence. But there are drawbacks. Read this review to see if Chase is a good bank for you.
Opening an account with Chase Bank is simple. Take a look at what you'll need and check out your account options in our guide.
Right now, Chase Business Complete Checking is offering a $300 bonus for new customers.
What is Chase Bank's routing number? It depends on the state. Find the correct routing number for your Chase account (even without a check).
Chase offers 3 business checking accounts. Take a look at their current promotions, requirements, and fees in this guide.
If you're ready to say goodbye to your Chase monthly service fees, follow the steps outlined in this guide to close it online, via phone, and more.
What promotions does Chase have right now? Find out how much you can earn and how to qualify for the latest Chase bank promotions.
Right now, when you sign up for a J.P. Morgan Self-Directed Investing account and fund it with qualifying new money, you can earn up to $625.
Chase Total Checking is offering $200 for opening a new account. Find out how to qualify for the bonus below.
Articles on CIT Bank
CIT Bank offers a high interest rate. But how reliable is this online bank? Read this review to find out if what you heard is true.
If you can save $100 per month, you can earn a high interest rate with CIT Bank Savings Builder. Find out if this bank is any good.
CIT Bank is trustworthy. But does CIT have the best CD rates right now? Find out how CIT Bank's interest rate compares.
CIT Bank offers both money market and savings accounts. But which is better to keep your money safe? Find out how to choose between the two.
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.
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.
CIT Bank offers accounts with high interest rates and low fees. But just who is CIT Bank? And should you trust them with your money?
Forgot your CIT Bank username? We'll show you how to login your online bank account.
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.
Want to transfer money in or out of your CIT Bank account? Read this review to find your ABA routing number.
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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