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 Consumer Checking Account - $300 Bonus - Learn More Read US Bank Review	SPECIAL OFFER CIT Bank Savings Builder - Up to $300 Bonus - 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 1.85% APY with $25,000 minimum balance or $100 monthly deposit. $100 minimum opening deposit.
CD	Standard Term CD: 0.05% - 0.75% APY. Terms ranging from 1 month - 60 months. Minimum deposit of $500. Maximum deposit $249,999. CD Special: 1.75% - 2.00% APY. Terms of 9, 17, 37 and 59 months. Minimum deposit of $1,000. Maximum deposit $249,999	Term CDs up to 1.85% APY. $1,000 minimum opening deposit. No monthly maintenance fee.
Checking		eChecking: 0.25% APY with $25,000 minimum balance and 0.10% APY on balances under $25,000
Money Market	0.03% - 0.06% APY, depending on amount. Minimum opening deposit $100. Monthly maintenance fee $10 unless you have $10,000 minimum daily ledger balance.	1.85% APY. $100 minimum deposit. No monthly maintenance fee.
Customer Service	24/7 Live Customer Service (Telephone)	Monday - Friday: 8:00 am - 9:00 pm (ET) Saturday: 9:00 am - 5:00 pm (ET) Sunday: 11:00 am - 4:00 pm (ET)
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 APY No minimum deposit for savings No monthly service fees Cons: No checking accounts No ATM card
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
	Consumer Checking Account - $300 Bonus	CIT Bank Savings Builder - Up to $300 Bonus Open a CIT Bank 1.85% APY Savings Builder High Yield Savings Account CIT Bank Savings Builder - $150 Bonus
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 11/15/2019 based on 91107 zip code. CIT Bank: Pricing information from published website as of 10/1/2019

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 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
Want a higher interest rate at a good FDIC insured bank? CIT is tempting, but there are downsides you should not ignore. Read this review before you open an account.
• CIT Bank vs Ally Bank
• CIT Bank vs Synchrony Bank
• CIT Bank vs Discover Bank
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 CD Rates
CIT Bank is known for competitive interest rates on savings products. How are their CD rates? Find out the current rates and how they compare.
CIT Bank Savings Builder Review
If you can save just $100 per month, you can earn a high APY with CIT Bank's Savings Builder. Find out if this bank is good for you.
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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