CIT Bank vs Axos Bank

CIT is a solid online bank with excellent rates and no monthly fees. How does it compare to Axos Bank? Read our comparison chart below.

CIT 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.

While Axos Bank offers a range of checking and savings products. Checking options includes a up-to 1% cashback account and rewards checking account with a higher interest rate. Savings options include savings accounts and CDs with higher-than-average rates. All accounts have no monthly service fees.

Compare CIT with Axos Bank, side-by-side. Read on for an in-depth look, including ratings and reviews.

	CIT Bank	Axos Bank
	SPECIAL OFFER Savings Builder High Yield Savings - 1.80% APY - Learn More Read CIT Review	SPECIAL OFFER Rewards Checking - Learn More Read Axos Bank Review
	Benefits and Features
Savings	Savings Builder up to 1.80% APY with $25,000+ balance or $100 monthly deposit.	1.30% APY. No minimum opening deposit. No monthly maintenance fee. Daily Compounding Interest.
CD	Term CDs up to 1.85% APY. $1,000 minimum opening deposit.	0.55% - 2.00% APY. Terms of 3 months to 60 months. No maintenance fee. Minimum deposit of $1,000.
Checking	eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000	Earn up to 1.25% APY if you meet 2 out of 3 conditions. 1. Monthly direct deposits totaling $1,000 or more 2. Use your Axos Visa® Debit Card for a total of 10 transactions per month (min $3 per transaction). 3. Use your Axos Visa® Debit Card 5 more times, a total of 15 transactions per month (min $3 per transaction).
Money Market	1.85% APY	1.05% APY. No minimum balance requirements. No fees to open or maintain account.
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
	CreditDonkey® Reviews
Savings
Checking
Money Market
Customer Service
Mobile App
Pros & Cons	Pros: High APY No monthly service fees Low opening deposits Cons: No physical locations No check writing
Bottom Line	Solid online bank with excellent rates and no monthly fees... Read full review	Read full review
	Savings Builder High Yield Savings - 1.80% APY CIT Savings Builder - $200 Cash Bonus CIT Savings Builder - $100 Cash Bonus	Rewards Checking Essential Checking High Yield Savings
What Others View	Discover	UFB Direct
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. CIT: Pricing information from published website as of 10/1/2019 Axos Bank: Pricing information from published website as of 07/18/2019.

Which is Better: CIT or Axos Bank?

Still need help deciding which bank is better? Read the in-depth reviews below. You may also be interested in comparing CIT or Chase.

Articles on CIT Bank

CIT Bank Review
Want a high interest rate at a good FDIC insured bank? CIT is tempting, but has some downsides. Read this CIT Bank review before you open an account.
• CIT vs Ally Bank
• CIT vs Citibank
• CIT vs Synchrony Bank
CIT Bank Savings Builder Review
If you can save just $100 per month, you can earn a high APY with CIT Bank Savings Builder. Find out if this bank is good for you.
• CIT vs Discover
CIT Bank CD Rates
CIT Bank is known for competitive interest rates on online savings products. How are their CD rates? Check out the current rates and how they compare below.
CIT Bank Promo Code
View list of latest CIT Bank online promotions. CIT Bank offers high yield online bank accounts with low minimum deposit requirements and minimal fees.
Who is CIT Bank
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? Read on to learn more.
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 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.

Articles on Axos Bank

Axos Bank Review
If the perfect checking account for you is one with no monthly fees while offering rewards, you may have found your match with Axos Bank.
• Axos Bank vs Capital One
• Axos Bank vs UFB Direct

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