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CIT Bank vs Chime
CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to Chime? Read our comparison chart below.
Platinum Savings: 5.05% APY with a balance of $5,000 or more
Savings Connect: 4.65% APY
Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit
2.00% Annual Percentage Yield (APY).
CD
Term CDs up to 3.50% APY. $1,000 minimum opening deposit.
Checking
eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000
No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees
Monthly Fee
$0
Money Market
1.55% APY
Minimum Deposit to Open
$0
Mobile App
iOS & Android
iOS & Android
ATMs
No ATM fees from CIT Bank. Up to $30 in other banks' ATM fees reimbursed per month (for eChecking Account)
Over 60,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs
Customer Service
Mon - Fri: 9 am - 9 pm ET
Sat: 10 am - 6 pm ET
Sunday: Closed
24/7
Locations
Online Only
Online only
CreditDonkey® Reviews
Savings
Checking
Money Market
Mobile App
Customer Service
Pros & Cons
Pros:
High savings APY
No monthly fees
Low opening deposits
Cons:
No check writing
Pros:
No account fees
Get paycheck 2 days early
Up to $200 overdraft coverage
Cons:
Hard to deposit cash
Bottom Line
Solid online bank with excellent rates and no monthly fees... Read full review
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CIT Bank: Pricing information and data points from published website as of 04/09/2024.
Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC.
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
Member FDIC
Which is Better: CIT Bank or Chime?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing CIT Bank or Chase.
In short: CIT Bank's customer service is notable. Chime's mobile app is excellent.
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.
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 Platinum Savings Account boasts a higher APY than its other savings accounts. But there's a slight catch. Read on to learn how to get the highest APY.
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.