CIT Bank vs Robinhood
CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to Robinhood? 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 Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.
Compare CIT Bank with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
| Visit Site | Visit Site | |
CIT Bank | Robinhood | |
|---|---|---|
CIT Bank Platinum Savings - | Get a Free Stock (worth between $5 and $200) - | |
Benefits and Features | ||
| Savings | Platinum Savings: 3.85% APY with a balance of $5,000 or more Savings Connect: 3.75% 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 3.35% APY. $1,000 minimum opening deposit. | |
| Checking | eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000 | |
| Mutual Fund Trading | ||
| Money Market | ||
| Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
| Mobile App | ||
| Forex Trading | ||
| Futures Trading | ||
| 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 (available 24/7) Email: support@robinhood.com |
| Locations | ||
CreditDonkey® Reviews | ||
| | |
| Savings |  | |
| Checking |  | |
| Money Market | | |
| Mobile App |  | |
| Customer Service | | |
| Stock Trading | | |
| Options Trading | | |
| Minimum Deposit | | |
| Commissions and Fees | | |
| Ease of Use | | |
| Research | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Solid online bank with excellent rates and no monthly fees... | 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 01/25/2025. | ||
CIT Bank Platinum Savings - $300 Bonus
- Qualify for a $300 cash bonus with a minimum deposit of $50,000
- This limited-time offer to qualify for a $225 cash bonus with a minimum deposit of $25,000 or a $300 bonus with a minimum deposit of $50,000 is available to New and Existing Customers who meet the Platinum Savings promotion criteria. The Promotion begins on September 23, 2025, and can end at any time without notice.
Disclosures
CIT Bank Platinum Savings - $225 Bonus
- Qualify for a $225 cash bonus with a minimum deposit of $25,000
- This limited-time offer to qualify for a $225 cash bonus with a minimum deposit of $25,000 or a $300 bonus with a minimum deposit of $50,000 is available to New and Existing Customers who meet the Platinum Savings promotion criteria. The Promotion begins on September 23, 2025, and can end at any time without notice.
Disclosures
CIT Bank Platinum Savings - 3.85% APY
- 3.85% APY with a balance of $5,000 or more
- 0.25% APY with a balance of less than $5,000
- $100 minimum opening deposit
- No monthly maintenance fee
- Member FDIC
Disclosures
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: 3.75% APY on Idle Cash
- 3.75% 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.
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.
CIT Bank CD Rates
CIT Bank is a well-known online bank with high savings interest rates. Find out how CIT Bank's CD rates compares to other trustworthy banks.
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 Platinum Savings vs Savings Connect
CIT Platinum Savings is CIT Bank's newest savings account. It advertises a higher APY. Check out how it compares to Savings Connect. Get a higher rate now.
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 bank that offers a variety of savings products. Find out how to manage your account, reach customer service, and the bank's current offers.
CIT Platinum Savings Review
CIT Platinum Savings Account boasts a higher APY than its other savings accounts. But there's a catch. Read on to learn how to get the highest APY.
CIT Bank No Penalty CD Review
CIT Bank offers a CD account that has no penalty for early withdrawal. Read on to learn about the APY and any requirements or fees that come with it.
CIT Bank High Yield Savings Review
CIT Bank savings accounts offer some of the highest APYs with minimal requirements. Read on to learn how CIT can help you grow your money.
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 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 Robinhood
Robinhood
Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons.
Robinhood Alternatives
Robinhood is one of the top stock trading apps in the US, but it might not be for you. If you're looking for another broker to try, read on.
Is Robinhood Gold Worth It
Robinhood Gold's premium features can help you make the most of your money, but is it really time to upgrade? Read on to find out.
Robinhood Free Stock
Robinhood offers a promo to get up to $1,700 in your first year. But how does it work, and is it worth your time?
Robinhood 24/7 Trading
Unfortunately, Robinhood doesn't offer 24/7 trading. Luckily, it comes close: 24/5. Does it fit you and your trading style?
Robinhood vs Fidelity vs Vanguard
Robinhood, Fidelity, and Vanguard are great options if you're looking for an investment platform to grow your money. But which one is right for you?
Robinhood vs Public vs Webull
Robinhood, Public, and Webull are all great options for growing your money. But which one will suit you the most?
Fidelity vs Robinhood
Robinhood, Webull, Fidelity - three big investing platforms, but which is best for you? Find out in this detailed comparison guide.
Robinhood IRA Review
Robinhood offers some of the most unique IRAs on the market. But are they any good? Read on to find out.
Is Robinhood Safe
Are you worried about the safety of your investments? Let's examine the security features of Robinhood to determine if it's a reliable choice. Read on.
How Does Robinhood Make Money
Robinhood earns money through payment for order flow, interest rates, and subscriptions. Learn how these factors contribute to Robinhood's success.
Which Do You Think is Best?
You Might Also Like
Small Investments That Make Money
You don't need to be rich to start investing. Here are 15 easy ways to invest small amounts of money.
The Best Way to Invest $30,000
What can you do with $30k? Here are the best ways to invest your savings. Think about what it'll be worth in 20 years if you start now.
The Best Way to Invest $5,000
Got $5,000 to invest? The right strategy can turn it into long-term wealth. Here's how you can make the most out of your money based on your goals.
Residual Income
How do you get residual (or passive) income? And why is it so important? Take a look at real examples to get started.
The Best Way to Invest $100
$100 may not seem like much, but you can grow it into more. Here are 10+ clever ways to turn $100 into a better future.
Best Short Term Investment Options
The best short term investment options provide good returns with low risk. Here are the top 10 strategies for your short term goals.
Next Page: CIT Bank
