CIT Bank vs Huntington Bank
CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to Huntington? 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 Huntington has nearly 1,000 branches throughout the Midwest. It offers a few checking and savings options. Minimum requirements are high on interest-bearing accounts, though it has a free checking option. 14 or 19-month CDs have a great rate with $1,000 minimum opening deposit.
Compare CIT Bank with Huntington, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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CIT Bank | Huntington Bank | |
|---|---|---|
CIT Bank Money Market Account - | Huntington 25 Checking® - $500 Bonus - | |
Benefits and Features | ||
| Savings | Savings Builder up to 0.40% APY with $25,000+ balance or $100 monthly deposit. | 0.01% APY (Premier Savings). $4 monthly fee, unless you have 1) daily average balance of $300, or 2) linked to a Huntington Asterisk-Free Checking Account. Minimum deposit of $50. |
| CD | Term CDs up to 0.50% APY. $1,000 minimum opening deposit. | Regular CD APY range from 0.01% - 0.03% for amounts ranging from $1,000 - $100,000. Minimum deposit $1,000. |
| Checking | eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000 |
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| Money Market | 0.05% APY for amounts of $25,000 to $2,000,000. $25 monthly maintenance fee unless there is 1) average daily balance of $25,000, or 2) linked to a Huntington 5 or Huntington 25 Checking account. | |
| Customer Service |
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| ATMs | ||
| Locations | ||
CreditDonkey® Reviews | ||
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| Savings |   |  |
| Checking | | |
| Money Market | | |
| Customer Service | | |
| Mobile App | | |
| CD | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Solid online bank with excellent rates and no monthly fees... | Midwest bank with great account benefits and free checking option... |
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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 06/29/2021 Huntington: Pricing information from published website as of 07/01/2021 based on 43215 zip code. | ||
CIT Bank Money Market Account - 0.45% APY
- 0.45% APY
- $100 minimum opening deposit
- No monthly maintenance fee
CIT Savings Builder - 0.40% APY
Earn up to 0.40% APY. Here's how it works: Maintain a minimum balance of $25k OR make at least a $100 minimum deposit every month. Member FDIC
CIT Bank Term CDs
- Up to 0.50% APY
- $1,000 minimum opening deposit
- No monthly maintenance fee
| Term | CD Rates |
|---|---|
| 6 Month | 0.30% APY |
| 1 Year | 0.30% APY |
| 13 Month | 0.30% APY |
| 18 Month | 0.30% APY |
| 2 Year | 0.40% APY |
| 3 Year | 0.40% APY |
| 4 Year | 0.50% APY |
| 5 Year | 0.50% APY |
Huntington 25 Checking® - $500 Bonus
To qualify for the $500 cash bonus, you are required to open a new, qualifying Huntington 25 Checking® during the promotional period between October 1, 2021 and February 7, 2022 and make cumulative new money deposits into the checking account of at least $15,000 or more within 60 days of account opening. "New money" is defined as money that is not currently on deposit in any Huntington account (except maturing CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment.
Huntington 5 Checking® - $200 Bonus
To qualify for the $200 cash bonus, you are required to open a new, qualifying Huntington 5 Checking® or Huntington 25 Checking® account during the promotional period between October 1, 2021 and February 7, 2022 and make cumulative new money deposits into the checking account of at least $1,000 or more within 60 days of account opening. "New money" is defined as money that is not currently on deposit in any Huntington account (except maturing CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment.
Asterisk-Free Checking® - $150 Bonus
To qualify for the $150 cash bonus, you are required to open a new, qualifying Asterisk Free Checking®, Huntington 5 Checking®, or Huntington 25 Checking® account during the promotional period between October 1, 2021 and February 7, 2022 and make cumulative new money deposits into the checking account of at least $1,000 or more within 60 days of account opening. "New money" is defined as money that is not currently on deposit in any Huntington account (except maturing CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment.
Which is Better: CIT Bank or Huntington?
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, money market, and mobile app are notable. In particular, the money market is outstanding. Huntington's customer service is impressive.
Articles on CIT Bank
CIT Bank Savings Review
CIT Bank Savings Builder
CIT Bank CD Rates
CIT Bank Savings Builder vs Money Market
CIT Bank Savings Builder vs Savings Connect
What is CIT Bank
Who is CIT Bank
CIT Bank Login
CIT Bank Complaints
CIT Bank Routing Number
CIT Bank Locations
Articles on Huntington Bank
Huntington Bank Review
Huntington Bank Money Market Rates
Huntington Bank Hours
Huntington 25 Checking
Huntington 5 Checking
Asterisk Free Checking
Huntington Bank Routing Number
Which Do You Think is Best?
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