Quontic vs CIT Bank
Quontic is an innovative digital bank offering checking accounts with high rewards. How does it compare to CIT Bank? Read our comparison chart below.
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Quontic | CIT Bank | |
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High Yield Savings - 3.50% APY - | CIT Bank Savings Connect - | |
Benefits and Features | ||
Savings | Savings Connect: 4.05% APY Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit. | |
CD | 3.50% to 4.45% APY; Terms of 6 months to 5 years; $500 minimum | Term CDs up to 4.65% APY. $1,000 minimum opening deposit. |
Checking | High Interest Checking: Up to 1.10% APY Cash Rewards Checking: 1.5% cashback Bitcoin Rewards Checking: 1.5% Bitcoin | eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000 |
Money Market | ||
Customer Service |
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Locations | ||
CreditDonkey® Reviews | ||
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Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Money Market | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Innovative digital bank offering checking accounts with high rewards... | Solid online bank with excellent rates and no monthly fees... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Quontic: Pricing information from published website as of 11/23/2022 CIT Bank: Pricing information and data points from published website as of 10/18/2022. |
High Yield Savings - 3.50% APY
- 3.50% APY
- $100 minimum opening deposit
- No monthly service fees
High Interest Checking - Up to 1.10% APY
- Earn up to 1.10% APY
- $100 minimum opening deposit
- APY is based on the account balance and making at least 10 qualifying debit card point-of-sale transactions of $10.00 or more per statement cycle.
CD Rates - Up to 4.45% APY
- $500 minimum opening deposit
- FDIC insured
Term | CD Rates |
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6 Months | 3.50% APY |
1 Year | 4.25% APY |
2 Years | 4.15% APY |
3 Years | 4.30% APY |
5 Years | 4.45% APY |
CIT Bank Savings Connect - 4.05% APY
- Earn 12x the national average
- $100 minimum opening deposit
- No monthly maintenance fee
CIT Bank Term CDs - Up to 4.65% APY
- Up to 4.65% APY
- $1,000 minimum opening deposit
- No monthly maintenance fee
Term | CD Rates |
---|---|
6 Month | 4.15% APY |
1 Year | 0.30% APY |
13 Month | 4.65% APY |
18 Month | 4.60% APY |
2 Year | 0.40% APY |
3 Year | 0.40% APY |
4 Year | 0.50% APY |
5 Year | 0.50% APY |
CIT Bank No Penalty CD - 4.10% APY
- 4.10% 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
Which is Better: Quontic or CIT Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Quontic or Chase.
In short: CIT Bank's savings is outstanding.