CIT Bank vs TradeStation
CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to TradeStation? 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 TradeStation enables you to backtest, simulate, and automate strategies within its platform. It offers a wide range of investment options, $0 commission pricing for stocks, options, and futures, free trading simulator, and has no minimum funding requirements.
Compare CIT Bank with TradeStation, side-by-side.
 |  | |
| Visit Site | Visit Site | |
CIT Bank | TradeStation | |
|---|---|---|
CIT Bank Platinum Savings - | Transfer and Earn Up to $5,000 Bonus - | |
Benefits and Features | ||
| Savings | Platinum Savings: 4.00% APY with a balance of $5,000 or more Savings Connect: 3.90% APY Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit | |
| Stock Trading | ||
| Options Trading | $0 Commission + $0.60 per contract | |
| CD | Term CDs up to 3.50% 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 | ||
| Mobile App | ||
| Forex Trading | Yes (not available in TradeStation US) | |
| Futures Trading | $1.50 per Standard contract per side and $0.50 per Micro contract per side | |
| Customer Service | Mon - Fri: 9 am - 9 pm ET Sat: 10 am - 6 pm ET Sunday: Closed | Phone: 800-822-0512 | 954-652-7900 Monday - Friday: 8AM - 5PM ET Live Chat Email: Sales@TradeStation.com |
| Locations | ||
CreditDonkey® Reviews | ||
| | |
| Savings |  | |
| Checking |  | |
| Money Market | | |
| Mobile App |  | |
| Customer Service | | |
| Pros & Cons | Pros:
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| Bottom Line | Solid online bank with excellent rates and no monthly fees... | |
| 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: Pricing information and data points from published website as of 06/12/2025. | ||
CIT Bank Platinum Savings - 4.00% APY
- 4.00% 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
CIT Bank Savings Connect - 3.90% APY
- Earn 9x the national average
- $100 minimum opening deposit
- No monthly maintenance fee
- Member FDIC
CIT Bank Term CDs - Up to 3.50% APY
- Up to 3.50% APY
- $1,000 minimum opening deposit
- No monthly maintenance fee
- Member FDIC
| Term | CD Rates |
|---|---|
| 6 Month | 3.00% APY |
| 1 Year | 0.30% APY |
| 13 Month | 3.50% APY |
| 18 Month | 3.00% APY |
| 2 Year | 0.40% APY |
| 3 Year | 0.40% APY |
| 4 Year | 0.50% APY |
| 5 Year | 0.50% APY |
Transfer and Earn Up to $5,000 Bonus
Enroll your new eligible TradeStation account in this offer either by using promo code BDEVAGFG on your new account application or by requesting to enroll, via telephone, with a TradeStation Representative. Within 45 days of account enrollment, fund your account with at least $500. Maintain at least $500 in your account for 270 calendar days. New assets will be aggregated during the 45-calendar day period following the enrollment date to determine the amount of your cash offer.
| New Assets | Cash Bonus |
|---|---|
| $500 - $24,999 | $50 |
| $25,000 – $99,999 | $250 |
| $100,000 – $199,999 | $400 |
| $200,000 – $999,999 | $800 |
| $1,000,000 – 1,999,999 | $3,000 |
| $2,000,000+ | $5,000 |
Invest and Earn $150 Bonus
Open a new account using promo code TSTVAGLL. Fund the account with new and qualifying assets of $5,000 or more. Maintain a balance of $5,000 or more in the account for 60 days.
Articles on CIT Bank
CIT Bank Savings Review
CIT Bank CD Rates
Who is CIT Bank
CIT Bank Platinum Savings vs Savings Connect
CIT Bank Complaints
CIT Bank Locations
CIT Platinum Savings
CIT Bank No Penalty CD
CIT Bank High Yield Savings
What is CIT Bank
CIT Bank Login
CIT Bank Routing Number
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