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CIT Bank vs Capital One

CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to Capital One? 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 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.

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

 CIT Bank
 Visit SiteLearn More
 

CIT Bank

Capital One

SPECIAL OFFER
CIT Bank Savings Connect - Learn More

Read CIT Bank Review

SPECIAL OFFER
360 Checking Account - Learn More

Read Capital One Review

 

Benefits and Features

SavingsSavings Connect: 4.05% APY
Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit.
3.30% APY
CDTerm CDs up to 4.65% APY. $1,000 minimum opening deposit.3.30% to 4.30% APY. Terms of 6 months to 5 years. 12-month CD APY of 4.15%
CheckingeChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000
0.10% APY
Money Market
1.55% APY
 
Customer Service
  • Monday - Friday: 9:00 am - 9:00 pm (ET)
  • Saturday: 10:00 am - 6:00 pm (ET)
  • Sunday: Closed
Mon-Sun: 8am - 11pm (ET)
ATMs Over 70,000 no-fee Capital One & Allpoint ATMs
Locations
Online Only
Online Only
 

CreditDonkey® Reviews

 CIT Bank
SavingsStarStarStarStarStarStarStarStarHalf StarEmpty Star
CheckingStarStarStarStarHalf StarStarStarStarStarStar
Money MarketStarStarStarStarHalf StarStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarEmpty StarStarStarStarStarHalf Star
Mobile AppStarStarStarStarEmpty StarStarStarStarStarHalf Star
Pros & ConsPros:
  • High savings APY
  • No monthly fees
  • Low opening deposits
Cons:
  • No physical locations
  • No check writing
Pros:
  • Overdraft protection options
  • No account minimums
  • 27 cafes for in-person support
Cons:
  • Lower savings APY compared to other online banks
Bottom LineSolid online bank with excellent rates and no monthly fees... Read full reviewGood online bank with access to in-person support... Read full review
 Visit SiteLearn More

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.

Capital One: Pricing information from published website as of 01/25/2023.

CIT Bank
Member FDIC

CIT Bank Savings Connect - 4.05% APY

  • Earn 12x the national average
  • $100 minimum opening deposit
  • No monthly maintenance fee
CIT Bank
Member FDIC

CIT Bank Term CDs - Up to 4.65% APY

  • Up to 4.65% APY
  • $1,000 minimum opening deposit
  • No monthly maintenance fee
TermCD Rates
6 Month4.15% APY
1 Year0.30% APY
13 Month4.65% APY
18 Month4.60% APY
2 Year0.40% APY
3 Year0.40% APY
4 Year0.50% APY
5 Year0.50% APY
CIT Bank
Member FDIC

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

Which is Better: CIT Bank or Capital One?

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.

In short: CIT Bank's savings is outstanding.


Articles on CIT Bank

CIT Bank Reviews

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.

CIT Bank CD Rates

CIT Bank is trustworthy. But does CIT have the best CD rates right now? Find out how CIT Bank's interest rate compares.

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?

CIT Bank Savings Connect vs Savings Builder

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.

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 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.

CIT Bank Money Market vs Savings Builder

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.

What is CIT Bank

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 Login

Forgot your CIT Bank username? We'll show you how to login your online bank account.

CIT Bank Savings Builder Review

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 Routing Number

Want to transfer money in or out of your CIT Bank account? Read this review to find your ABA routing number.

Articles on Capital One

Capital One 360

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 Money Teen Checking Account Review

Is Capital One a good bank for your teenager? Here are the pros, cons, and fees of a Capital One Money Teen Checking account.

Capital One Bank Hours

Capital One Bank is open 6 days a week. Take a look at their operating hours.

Capital One Routing Number

What is the routing number for Capital One? Find the right one for your account with our guide.

Which Do You Think is Best?





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