SoFi vs CIT Bank

SoFi is a personal loans with low APR and fees. Must have good credit to qualify. How does it compare to CIT Bank? Read our comparison chart below.

	SoFi	CIT Bank
		Member FDIC
	Learn More	Visit Site
	OFFER Refinance Student Loans - Learn More Read SoFi Review	SPECIAL OFFER CIT Bank Platinum Savings - Learn More Read CIT Bank Review
	Benefits and Features
Savings	3.80% APY on savings balances with direct deposit or qualifying deposits (1.00% APY without)	Platinum Savings: 4.10% APY with a balance of $5,000 or more Savings Connect: 4.00% APY Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit
CD	N/A	Term CDs up to 3.50% APY. $1,000 minimum opening deposit.
Checking	0.50% APY on checking balances	eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000
Money Market		1.55% APY
Mobile App	iOS & Android	iOS & Android
ATMs	55,000+ Allpoint ATMs	No ATM fees from CIT Bank. Up to $30 in other banks' ATM fees reimbursed per month (for eChecking Account)
Customer Service	Checking and Savings Support: Phone: (855) 456-7634 Monday - Thursday: 5AM - 7PM PT Friday - Sunday: 5AM - 5PM PT 24/7 online chat	Mon - Fri: 9 am - 9 pm ET Sat: 10 am - 6 pm ET Sunday: Closed
Locations	4 branch locations	Online Only
	CreditDonkey® Reviews

Fees
Interest Rates
Eligibility
Savings
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: Competitive, fixed rates Low fees No collateral Cons: Slower underwriting process High standards for borrowers	Pros: High savings APY No monthly fees Low opening deposits Cons: No check writing
Bottom Line	Personal loans with low APR and fees. Must have good credit to qualify... Read full review	Solid online bank with excellent rates and no monthly fees... Read full review
	Learn More	Visit Site
	Refinance Student Loans Personal Loans: Borrow Between $5k-$100k Active Investing with SoFi	CIT Bank Platinum Savings CIT Bank Savings Connect CIT Bank Term CDs - Up to 3.50% APY
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 04/17/2025.

Member FDIC

CIT Bank Platinum Savings - $300 Bonus

Get Deal

Transfer a one-time deposit of $50,000+ for a Bonus of $300
4.10% APY with a balance of $5,000 or more
0.25% APY with a balance of less than $5,000
No monthly maintenance fee
Member FDIC

Terms and Conditions

Member FDIC

CIT Bank Platinum Savings - $225 Bonus

Get Deal

Transfer a one-time deposit of $25,000 - $49,999.99 for a Bonus of $225
4.10% APY with a balance of $5,000 or more
0.25% APY with a balance of less than $5,000
No monthly maintenance fee
Member FDIC

Terms and Conditions

Member FDIC

CIT Bank Platinum Savings - 4.10% APY

Learn More

4.10% 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

Which is Better: SoFi 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 SoFi or Chase.

Articles on SoFi

SoFi Reviews

SoFi offers unsecured personal loans if you need to borrow money ASAP. But is it legit (or not)? Learn how SoFi personal loans actually work.

SoFi Bank Review

Seeking high rates and a great digital banking experience? SoFi Bank offers solid accounts and a top-rated mobile app. Read on to know more.

SoFi Bank Locations

SoFi is an online bank offering checking and savings accounts. But does it have physical branches? Keep reading to find out.

SoFi High Yield Savings

Want a high APY and easy access to your money? Get the best of both worlds with SoFi's Checking and Savings account.

Articles on CIT Bank

CIT Bank Reviews

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 Bank Platinum Savings

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.