CIT Bank vs Robinhood
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| Visit Site | Visit Site | |
CIT Bank | Robinhood | |
|---|---|---|
CIT Bank Platinum Savings - 4.10% APY Boost - | 3% Match on IRA with Robinhood Gold - | |
Benefits and Features | ||
| Savings | Platinum Savings: 3.75% APY with a balance of $5,000 or more Savings Connect: 3.65% APY Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit | |
| Stock Trading | ||
| Options Trading |
| |
| CD | Term CDs up to 4.00% APY. $1,000 minimum opening deposit. | |
| Mutual Fund Trading | ||
| Money Market | ||
| Banking | Offers Robinhood Banking, a financial services platform with checking and high-yield savings accounts, provided by Coastal Community Bank, Member FDIC, and available to Gold members. | |
| Mobile App | ||
| Forex Trading | ||
| Futures Trading | $0.75 per contract ($0.50 per contract for Gold subscribers) | |
| Customer Service | Mon - Fri: 9 am - 9 pm ET Sat: 10 am - 6 pm ET Sunday: Closed | Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 7 AM - 9 PM ET (Monday–Friday) Email: support@robinhood.com |
| Locations | ||
CreditDonkey® Reviews | ||
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| Stock Trading | ||
| Options Trading | ||
| Minimum Deposit | ||
| Mobile App | ||
| Commissions and Fees | ||
| Customer Service | ||
| Ease of Use | ||
| Research | ||
| Pros & Cons | Pros:
| |
| Bottom Line | | Free way to trade stocks with limited bells and whistles... |
| Visit Site | Visit Site | |
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: For complete list of account details and fees, see our Personal Account disclosures. Robinhood: Pricing information from published websites as of 04/20/2026. | ||
CIT Bank Platinum Savings - 4.10% APY Boost
| Tier | Boost APY |
|---|---|
| Balance over $5,000 | 4.10%* |
| Balance less than $5,000 | 0.60%* |
After boost is completed, you will continue to earn our best standard rates:
| Tier | APY |
|---|---|
| Balance over $5,000 | 3.75%1 |
| Balance less than $5,000 | 0.25%1 |
- Needs to use promo code to qualify: CITBoost
- Boost lasts 6 months over standard APY
- Tiered account
- $100 minimum account opening
- Member FDIC
- No Monthly Service fees
- No account opening fees
CIT Bank Savings Connect - 3.65% APY
- $100 minimum opening deposit
- No monthly maintenance fee
- Member FDIC
CIT Bank No Penalty CD - 3.90% 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
- Member FDIC
3% Match on IRA with Robinhood Gold
Earn 3% IRA match on all eligible contributions with Robinhood Gold. Terms and conditions apply. This is a limited-time offer.
Robinhood Gold: 3.35% APY on Idle Cash
- 3.35% APY on idle cash - earn while you sleep
- Your money is FDIC-insured up to $2.5M at partner banks. No cap on earnings, withdraw or invest you money at any time.
1% Match on IRA
Earn 1% IRA match on all eligible contributions to your Robinhood IRA. Terms and conditions apply. This is a limited-time offer.
























