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CIT Bank vs Webull

CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to Webull? 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 Webull is a self-directed investment platform offering commission-free trading of stocks, ETFs, and options. It has a $0 minimum deposit and offers full extended hours trading. It also has a paper trading feature which lets you trade with unlimited virtual money.

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

 CIT Bank
Member FDIC
Webull
 Visit SiteVisit Site
 

CIT Bank

Webull

SPECIAL OFFER
CIT Bank Platinum Savings - Learn More

Read CIT Bank Review

SPECIAL OFFER
3 Free Fractional Shares - Learn More

Read Webull Review

 

Benefits and Features

SavingsPlatinum 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 
$0
Options Trading 
$0
CDTerm CDs up to 3.50% APY. $1,000 minimum opening deposit. 
CheckingeChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000 
Mutual Fund Trading 
No
Money Market
1.55% APY
 
Banking 
No
Mobile App
iOS & Android
Yes
Forex Trading 
No
Futures Trading 
Yes to eligible users
Customer ServiceMon - Fri: 9 am - 9 pm ET
Sat: 10 am - 6 pm ET
Sunday: Closed
24/7 via phone and email
Locations
Online Only
Online only
 

CreditDonkey® Reviews

 CIT BankWebull
SavingsStarStarStarStarStar
CheckingStarStarStarStarHalf Star
Money MarketStarStarStarStarHalf Star
Mobile AppStarStarStarStarEmpty StarStarStarStarStarHalf Star
Customer ServiceStarStarStarStarEmpty Star
Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarStar
Ease of UseStarStarStarEmpty StarEmpty Star
ResearchStarStarStarStarEmpty Star
Pros & ConsPros:
  • High savings APY
  • No monthly fees
  • Low opening deposits
Cons:
  • No check writing
Pros:
  • No trade fees
  • Advanced research tools
  • Extended trading hours
  • Offers fractional shares
Cons:
  • Not beginner friendly
Bottom LineSolid online bank with excellent rates and no monthly fees... Read full reviewGood free trading app for more experienced investors... Read full review
 Visit SiteVisit 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
Member FDIC

CIT Bank Platinum Savings - 4.00% APY

Learn More
  • 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
Member FDIC

CIT Bank Savings Connect - 3.90% APY

Learn More
  • Earn 9x the national average
  • $100 minimum opening deposit
  • No monthly maintenance fee
  • Member FDIC
CIT Bank
Member FDIC

CIT Bank Term CDs - Up to 3.50% APY

Learn More
  • Up to 3.50% APY
  • $1,000 minimum opening deposit
  • No monthly maintenance fee
  • Member FDIC

TermCD Rates
6 Month3.00% APY
1 Year0.30% APY
13 Month3.50% APY
18 Month3.00% APY
2 Year0.40% APY
3 Year0.40% APY
4 Year0.50% APY
5 Year0.50% APY
Webull

3 Free Fractional Shares

Get Free Fractional Shares
Expires 6/30/2025

Open a new Webull individual brokerage account. Make a qualifying single initial deposit of $100 - $499.99 during the promotional period to get 3 fractional shares, each valued between $3 - $3,000. Maintain a balance of $100 - $499.99 in the account for 30 days or more. Terms and conditions apply.

Webull

20 Free Fractional Shares

Get Free Fractional Shares
Expires 6/30/2025

Open a new Webull individual brokerage account. Make a qualifying single initial deposit of $500 or more during the promotional period to get 20 fractional shares, each valued between $3 - $3,000. Maintain a balance of $500 or more in the account for 30 days or more. Terms and conditions apply.

Webull

Up to $100 Transfer Fee Reimbursement

Get Deal

Transfer fees of up to $100 will be reimbursed when you make an initial transfer of $2,000 or more.

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 Savings Connect vs Platinum Savings

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

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 Webull

Webull

Webull offers $0 trades for stocks, ETFs, and options. But it's not perfect. Find out if Webull fits your investing needs.

Is Webull Safe

Webull is one of the most popular apps for investing. But is it safe? Keep reading to see how it protects your money.

Which Do You Think is Best?




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