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US Bank vs CIT Bank

US Bank is a big national bank with wide array of services and many account options. How does it compare to CIT Bank? Read our comparison chart below.

US Bank has 3,000 branches across 26 states. It has somewhat high minimum balance requirements to waive monthly checking account service fees. Their promotional CD Special offers high interest rates with a $1,000 minimum opening deposit.

While CIT Bank offers savings accounts and multiple CDs, including a no-penalty CD. Savings and Money Market account requires $100 minimum deposit, while term CDs require $1,000 minimum deposit. There are no monthly service fees.

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

 US BankCIT Bank
 Visit SiteVisit Site
 

US Bank

CIT Bank

SPECIAL OFFER
Easy Checking - $300 Bonus - Learn More

Read US Bank Review

SPECIAL OFFER
CIT Bank Money Market Account - Learn More

Read CIT Bank Review

 

Benefits and Features

Savings0.01% APY. Minimum deposit $25. Monthly maintenance fee $4, unless you have $300 minimum daily ledger balance OR $1,000 average monthly collected balance.Savings Builder up to 0.70% APY with $25,000+ balance or $100 monthly deposit.
CDStandard Term CD: 0.05% - 0.25% APY. Terms ranging from 1 month - 60 months. Minimum deposit of $500. Maximum deposit $249,999. CD Special: 0.15% APY - 0.75% APY. Terms of 17 month - 59 months. Minimum deposit of $1,000. Maximum deposit $249,999.Term CDs up to 0.50% APY. $1,000 minimum opening deposit.
CheckingEasy Checking, Gold Checking Package, Platinum Checking PackageeChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000
Money Market0.01% APY, depending on amount. Minimum opening deposit $100. Monthly maintenance fee $10 unless you have $10,000 daily ledger balance.
1.00% APY
Customer Service24/7 Live Customer Service (Telephone)
  • Monday - Friday: 9:00 am - 9:00 pm (ET)
  • Saturday: 10:00 am - 6:00 pm (ET)
  • Sunday: Closed
ATMsMore than 4,700 ATMs across the country 
IRA Money MarketMinimum opening deposit of $100 or $25 automatic monthly deposit. No monthly maintenance fees. 
LocationsMore than 3000 branches across the country.
Online Only
 

CreditDonkey® Reviews

 US BankCIT Bank
SavingsStarStarStarEmpty StarEmpty StarStarStarStarStarHalf Star
CDStarStarStarStarEmpty Star
CheckingStarStarStarEmpty StarEmpty StarStarStarStarStarHalf Star
Money MarketStarStarStarEmpty StarEmpty StarStarStarStarStarStar
Customer ServiceStarStarStarStarHalf StarStarStarStarStarEmpty Star
Mobile AppStarStarStarStarHalf StarStarStarStarStarHalf Star
Pros & ConsPros:
  • Promo CD with high APY
  • Free student account
  • 24/7 customer service
Cons:
  • High minimums to waive fees
  • Low savings APY
Pros:
  • High yield
  • No monthly service fees
  • Low opening deposits
Cons:
  • No physical locations
  • No check writing
Bottom LineBig national bank with wide array of services and many account options... Read full reviewSolid online bank with excellent rates and no monthly fees... 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.

US Bank: Pricing information from published website as of 03/8/2022 based on 91107 zip code.

CIT Bank: Pricing information and data points from published website as of 06/30/2022

US Bank
Member FDIC

Easy Checking - $300 Bonus

Earn $300 when you open a new eligible U.S. Bank consumer checking account and complete qualifying activities, subject to certain terms and limitations. Offer valid through July 5, 2022. Member FDIC. Complete these steps within 60 days of opening your new Platinum, Gold or Easy checking account online:
  • Enroll in online banking or the U.S. Bank Mobile App.
  • Complete two or more direct deposits totaling $4,000 to earn $300
Applicant must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY to be eligible for Checking account
Expires Tomorrow
US Bank
Member FDIC

Gold Checking - $300 Bonus

Earn $300 when you open a new eligible U.S. Bank consumer checking account and complete qualifying activities, subject to certain terms and limitations. Offer valid through July 5, 2022. Member FDIC. Complete these steps within 60 days of opening your new Platinum, Gold or Easy checking account online:
  • Enroll in online banking or the U.S. Bank Mobile App.
  • Complete two or more direct deposits totaling $4,000 to earn $300
Applicant must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY to be eligible for Checking account
Expires Tomorrow
US Bank
Member FDIC

Platinum Checking - $300 Bonus

Earn $300 when you open a new eligible U.S. Bank consumer checking account and complete qualifying activities, subject to certain terms and limitations. Offer valid through July 5, 2022. Member FDIC. Complete these steps within 60 days of opening your new Platinum, Gold or Easy checking account online:
  • Enroll in online banking or the U.S. Bank Mobile App.
  • Complete two or more direct deposits totaling $4,000 to earn $300
Applicant must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY to be eligible for Checking account
Expires Tomorrow
CIT Bank
Member FDIC

Money Market Account - Get a Year of Amazon Prime

Expires 9/23/2022
To get your year of Amazon Prime ($139 cash value):
  • Open a new Money Market account using promo code AMZN22.
  • Fund your account with $15,000 within 15 days.
  • Keep a minimum balance of $15,000 for 60 days.
After 60 days, if you've fulfilled the requirements, CIT will send you an email with your Prime membership code. Existing Amazon Prime members can use the one year of Amazon Prime to renew their membership for an additional year. Limit one Money Market promotion per account and per customer. Conditions apply. See advertiser website for details.
CIT Bank
Member FDIC

CIT Bank Money Market Account - 1.00% APY

  • 1.00% APY
  • $100 minimum opening deposit
  • No monthly maintenance fee
CIT Bank
Member FDIC

CIT Bank Savings Connect - 1.35% APY

  • Earn a competitive high yield savings rate with access and convenience features of an eChecking account.
  • Earn 1.35% APY on Savings Connect and up to 0.25% APY on eChecking.
  • Minimum of $100 for both the Savings Connect and eChecking to open ($200 total)

Which is Better: US Bank 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 US Bank or Chase.

In short: CIT Bank's savings, checking, and money market are notable. In particular, the money market is outstanding.


Articles on US Bank

US Bank Review

U.S. Bank is the 5th largest bank in the US, but does that make them a good bank for you? Do you need a large national bank or is a smaller bank more your style?

US Bank Routing Number

To transfer money in or out of your US Bank checking or savings account, you'll need the right routing number. Find your US Bank routing number below.

Articles on CIT Bank

CIT Bank Savings Review

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 Savings Builder Review

If you can save $100 per month, you can earn a high interest rate with CIT Bank Savings Builder. Find out if this bank is any good.

CIT Bank CD Rates

CIT Bank is trustworthy. But does CIT have the best CD rates right now? Find out how CIT Bank's interest rate compares.

CIT Bank Money Market vs Savings Builder

CIT Bank offers both money market and savings accounts. But which is better to keep your money safe? Find out how to choose between the two.

CIT Bank Savings Connect vs Savings Builder

CIT Bank has even more ways to save now. Savings Connect and Savings Builder both offer competitive rates. Find out the bank account that is best for you.

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.

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 Login

Forgot your CIT Bank username? We'll show you how to login your online bank account.

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 Routing Number

Want to transfer money in or out of your CIT Bank account? Read this review to find your ABA routing number.

CIT Bank Locations

CIT Bank is an online only bank with no physical branches. Find out how to manage your account, reach customer service, and the bank's current offers.

Which Do You Think is Best?





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