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 Bank	CIT Bank
		SPECIAL OFFER CIT Savings Builder - Earn 0.95% APY - Learn More Read CIT Bank Review
	Benefits and Features
Savings	0.01% 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 0.95% APY with $25,000+ balance or $100 monthly deposit.
CD	Standard Term CD: 0.05% - 0.60% APY. Terms ranging from 1 month - 60 months. Minimum deposit of $500. Maximum deposit $249,999. CD Special: 0.15% - 0.65% APY. Terms of 11, 19, 27 and 59 months. Minimum deposit of $1,000. Maximum deposit $249,999.	Term CDs up to 1.05% APY. $1,000 minimum opening deposit.
Checking		eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000
Money Market	0.01% - 0.05% APY, depending on amount. Minimum opening deposit $100. Monthly maintenance fee $10 unless you have $10,000 minimum daily ledger balance.	1.00% APY
Customer Service	24/7 Live Customer Service (Telephone)	Monday - Friday: 9:00 am - 9:00 pm (ET) Saturday: 10:00 am - 6:00 pm (ET) Sunday: Closed
ATMs	More than 4,700 ATMs across the country
IRA Money Market	Minimum opening deposit of $100 or $25 automatic monthly deposit. No monthly maintenance fees.
Locations	More than 3000 branches across the country.	Online Only
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Customer Service
Mobile App
Pros & Cons	Pros: 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 Line	Big national bank with wide array of services and many account options... Read full review	Solid online bank with excellent rates and no monthly fees... Read full review
		CIT Savings Builder - Earn 0.95% APY CIT Bank Money Market Account - 1.00% APY CIT Bank Term CDs
What Others View	Chase
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 07/03/2020 based on 91107 zip code. CIT Bank: Pricing information from published website as of 06/03/2020

Which is Better: US Bank or CIT Bank?

Still need help deciding which bank 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 country's fifth largest bank, but does that make them a bank that will suit your banking needs? Do you need one of the country's largest banks or is a smaller bank more your style?
• US Bank vs Chase
• US Bank vs Bank of America
• US Bank vs Citibank
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 Review
CIT Bank offers a high interest rate. But is it safe? Read this review to find out if what you heard is true.
• CIT Bank vs Ally Bank
• CIT Bank vs Synchrony Bank
• CIT Bank vs Discover Bank
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 has competitive interest rates on online savings accounts. But how do their CD rates compare? Find out below.
How to Open CIT Bank Application
Opening an account with CIT Bank is simple. Take a look at what you'll need and check out your account options in our guide.
Is CIT Bank Online Only
CIT Bank offers high interest rates and no monthly fees. But is this online bank legit? Find out the details here.
Is CIT Bank a Real Bank
CIT Bank offers online checking and savings with high interest rates and low fees. But is it safe? Find out before you sign up.
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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