CIT Bank vs Bluevine
CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to Bluevine? Read our comparison chart below.
CIT Bank is an online division of First Citizens Bank. It's known for high interest rates on its savings accounts and CDs. In addition, it offers an eChecking account. All accounts have no monthly service fees.
While Bluevine offers one of the highest APYs on the market for its Business Checking account. You also get 5 free subaccounts, unlimited transactions, 2 free checkbooks a year, and additional users at no extra cost. There's no monthly fee.
Compare CIT Bank with Bluevine, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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CIT Bank | Bluevine | |
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CIT Bank Savings Connect - | Business Checking - Up to 2.0% APY - | |
Benefits and Features | ||
Savings | Savings Connect: 4.05% APY Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit. | No savings account, but you add 5 free sub accounts |
CD | Term CDs up to 4.65% APY. $1,000 minimum opening deposit. | |
Checking | eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000 | Up to 2.0% APY. No monthly fees; no balance requirements; no overdraft fees |
Money Market | ||
APY | 2.0% APY on balances up to $100,000 for customers that meet monthly eligibility requirements | |
Customer Service |
| Phone and email: Monday - Friday. 8 am to 8 pm EST |
Minimum Deposit to Open | ||
ACH Transfer Fee | ||
ATMs | ||
Balance Requirement | ||
Cash Deposit Fee | ||
Incoming Wire Transfer Fee | ||
Locations | ||
Out of Network ATM Fee | ||
Outgoing Wire Transfer Fee | ||
Overdraft Fee | ||
Monthly Fee | ||
CreditDonkey® Reviews | ||
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Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Money Market | ![]() ![]() ![]() ![]() ![]() | |
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Pros & Cons | Pros:
| Pros:
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Bottom Line | Solid online bank with excellent rates and no monthly fees... | Free account with interest for basic business checking needs... |
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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. CIT Bank: Pricing information and data points from published website as of 10/18/2022. |
CIT Bank Savings Connect - 4.05% APY
- Earn 12x the national average
- $100 minimum opening deposit
- No monthly maintenance fee
CIT Bank Term CDs - Up to 4.65% APY
- Up to 4.65% APY
- $1,000 minimum opening deposit
- No monthly maintenance fee
Term | CD Rates |
---|---|
6 Month | 4.15% APY |
1 Year | 0.30% APY |
13 Month | 4.65% APY |
18 Month | 4.60% APY |
2 Year | 0.40% APY |
3 Year | 0.40% APY |
4 Year | 0.50% APY |
5 Year | 0.50% APY |
CIT Bank No Penalty CD - 4.10% APY
- 4.10% APY
- Option to withdraw full balance and interest after 7 days of CD funding date
- $1,000 minimum to open an account
- 11 months
- No monthly maintenance fee
Business Checking - Up to 2.0% APY
- 2.0% APY on your balance up to $100,000 for customers that meet monthly eligibility requirements
- $0 minimum opening deposit
- $0 monthly service fee
Open a Free Business Checking Account
- 2.0% APY on your balance up to $100,000 for customers that meet monthly eligibility requirements
- $0 minimum opening deposit
- $0 monthly service fee
Business Checking - Up to 2.0% APY
- 2.0% APY on balances up to $100,000 for eligible customers
- Unlimited transactions
- 5 free subaccounts with unique account numbers
- 2 free checkbooks per year
- $0 monthly service fee
Which is Better: CIT Bank or Bluevine?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing CIT Bank or Chase.