CIT Bank vs Fifth Third Bank

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

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.

While Fifth Third Bank has 1,300 branches across the Midwest and Southwest. Basic checking account requires $1,500 minimum balance to avoid fees. Promotional CD offers a high APY for terms up to 27 months with a $5,000 minimum opening deposit.

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

	CIT Bank	Fifth Third Bank
	SPECIAL OFFER CIT Bank Money Market Account - Learn More Read CIT Bank Review	SPECIAL OFFER Fifth Third Checking Account - $375 Bonus - Learn More Read Fifth Third Bank Review
	Benefits and Features
Savings	Savings Builder up to 0.70% APY with $25,000+ balance or $100 monthly deposit.	0.01% APY
CD	Term CDs up to 0.50% APY. $1,000 minimum opening deposit.	0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 0.05% APY at 12 months, minimum deposit of $5,000.
Checking	eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000	Fifth Third Momentum® Checking: No monthly service charge Fifth Third Preferred Checking®: Interest-bearing checking account Fifth Third Student Banking: Personal checking account for students age 13 and up.
Money Market	1.00% APY	0.01% APY Standard Rate (0.01% Relationship Rate)
Customer Service	Monday - Friday: 9:00 am - 9:00 pm (ET) Saturday: 10:00 am - 6:00 pm (ET) Sunday: Closed	Mon-Fri 8:00 am - 6:00 pm (EST) Sat 10:00 am - 4:00 pm (EST)
ATMs		Allpoint® and 7-Eleven® network of ATMs. More than 50,000 fee-free ATMs nationwide.
IRA CD		0.01% APY
Locations	Online Only	1,300 branches, including 100 Bank Mart® locations across the country
	CreditDonkey® Reviews
Savings
Checking
Money Market
Customer Service
Mobile App
CD
Pros & Cons	Pros: High yield No monthly service fees Low opening deposits Cons: No physical locations No check writing	Pros: Free Express Checking Free student checking Promo CD with high APY Cons: Higher balance requirements Low savings APY Limited branches
Bottom Line	Solid online bank with excellent rates and no monthly fees... Read full review	Midwest & Southwest bank with high balance requirements... Read full review
	CIT Bank Money Market Account CIT Bank Money Market Account CIT Bank Savings Connect - 1.35% APY	Fifth Third Checking Account - $375 Bonus Fifth Third Momentum® Checking - $375 Bonus Fifth Third Preferred Checking® - $375 Bonus
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 06/30/2022 Fifth Third Bank: Pricing information from published website as of 03/25/2022 based on 45202 zip code.

Member FDIC

Money Market Account - Get a Year of Amazon Prime

Learn More

Expires 9/23/2022

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

CIT Bank Money Market Account - 1.00% APY

Learn More

• 1.00% APY
• $100 minimum opening deposit
• No monthly maintenance fee

Member FDIC

CIT Bank Savings Connect - 1.35% APY

Learn More

• Earn a competitive high yield savings rate with access and convenience features of an eChecking account.
• Earn 1.35% APY on Savings Connect and up to 0.25% APY on eChecking.
• Minimum of $100 for both the Savings Connect and eChecking to open ($200 total)

Member FDIC

Fifth Third Checking Account - $375 Bonus

Open an eligible Fifth Third Checking Account with qualifying activities. Have direct deposits totaling $500 or more within 90 days of account opening to qualify for bonus. The cash bonus will be deposited into your new checking account within 10 business days of completing qualifying activity requirements.

Get Deal

Expires 9/30/2022

Member FDIC

Fifth Third Momentum® Checking - $375 Bonus

Open an eligible Fifth Third Checking Account with qualifying activities. Have direct deposits totaling $500 or more within 90 days of account opening to qualify for bonus. The cash bonus will be deposited into your new checking account within 10 business days of completing qualifying activity requirements.

Get Deal

Expires 9/30/2022

Member FDIC

Fifth Third Preferred Checking® - $375 Bonus

Open an eligible Fifth Third Checking Account with qualifying activities. Have direct deposits totaling $500 or more within 90 days of account opening to qualify for bonus. The cash bonus will be deposited into your new checking account within 10 business days of completing qualifying activity requirements.

Get Deal

Expires 9/30/2022

Which is Better: CIT Bank or Fifth Third Bank?

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, checking, and money market are notable. In particular, the money market is outstanding.

Articles on CIT Bank

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.

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CIT Bank Savings Builder

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.

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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.

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.

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.

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.

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 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 Fifth Third Bank

Fifth Third Bank Review

Fifth Third Bank has higher balance requirements and high service fees if they're not met. But it offers some unique programs. Read on to see if Fifth Third Bank is a good fit for you.

• Fifth Third Bank vs Chase
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Which Do You Think is Best?

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