CIT Bank vs Regions Bank

CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to Regions Bank? 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 Regions Bank has 1,500 branches in 15 states in the South and Midwest. Checking and savings accounts require just $50 to open, with relatively lower requirements to waive fees. The unique Now Banking solution offers prepaid Visa, savings, and check cashing services with no account required.

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

		Regions BankCitibankDiscover BankChase
	CIT Bank	Regions Bank
	SPECIAL OFFER CIT Bank Savings Connect - Learn More Read CIT Bank Review	SPECIAL OFFER LifeGreen Savings Account – Up to $100 Annual Savings Bonus - Learn More Read Regions Bank Review
	Benefits and Features
Savings	Savings Connect: 3.60% APY Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit.	0.01% APY
CD	Term CDs up to 4.50% APY. $1,000 minimum opening deposit.	3.00% APY - 3.25% APY
Checking	eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000
Money Market	1.55% APY	0.01% APY
Customer Service	Monday - Friday: 9:00 am - 9:00 pm (ET) Saturday: 10:00 am - 6:00 pm (ET) Sunday: Closed	24/7 Telephone Customer Service
ATMs		More than 1900 ATMs in 15 Southern and Midwestern US states.
IRA CD
IRA Money Market		0.01% APY
Locations	Online Only	More than 1500 branches in 16 Southern and Midwestern US states.
	CreditDonkey® Reviews
Savings
Checking
Money Market
Customer Service
Mobile App
CD
Pros & Cons	Pros: High savings APY No monthly fees Low opening deposits Cons: No physical locations No check writing	Pros: $50 to open checking account Relationship Rewards program LifeGreen Savings annual bonus Cons: No free checking option Limited branches Low savings APY
Bottom Line	Solid online bank with excellent rates and no monthly fees... Read full review	South and Midwest bank with special reward programs... Read full review
	CIT Bank Savings Connect CIT Bank Money Market Account CIT Bank Term CDs	LifeGreen Savings Account – Up to $100 Annual Savings Bonus Personal Checking Account - $200 Bonus Business Referral Program - $150 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 10/18/2022. Regions Bank: Pricing information from published website as of 03/9/2022 based on 35203 zip code.

Member FDIC

CIT Bank Savings Connect - 3.60% APY

Learn More

• Earn 15x the national average
• $100 minimum opening deposit
• No monthly maintenance fee

Member FDIC

Money Market Account - Get a Year of Amazon Prime

Learn More

Expires 12/23/2022

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 Term CDs

Learn More

• Up to 4.50% APY
• $1,000 minimum opening deposit
• No monthly maintenance fee

Term	CD Rates
6 Month	2.75% APY
1 Year	0.30% APY
13 Month	4.35% APY
18 Month	4.50% APY
2 Year	0.40% APY
3 Year	0.40% APY
4 Year	0.50% APY
5 Year	0.50% APY

Which is Better: CIT Bank or Regions 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, money market, and mobile app are notable. In particular, the savings is outstanding.

Articles on CIT Bank

CIT Bank CD Rates Review

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 CD Rates

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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 Builder vs Savings Connect

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 Savings Builder vs Money Market

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 Regions Bank

Regions Bank Review

Regions Bank offers a variety of deposit products, easy account opening requirements, and special reward programs. Read on to see if this bank is right for you.

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Which Do You Think is Best?