CIT Bank vs Marcus by Goldman Sachs
CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to Marcus? Read our comparison chart below.
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.
While Marcus offers savings accounts, term CDs, and a no-penalty CD. It has no checking or ATM network. Savings account requires just $1 to earn stated APY while CDs have $500 minimum opening deposit. There are no service fees.
Compare CIT Bank with Marcus, side-by-side. Read on for an in-depth look, including ratings and reviews.
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CIT Bank | Marcus by Goldman Sachs | |
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CIT Bank Money Market Account - | Marcus Online Savings - Earn 1.00% APY - | |
Benefits and Features | ||
Savings | Savings Builder up to 0.65% APY with $25,000+ balance or $100 monthly deposit. | 1.00% APY. $0 to open; $1 to earn stated APY. No fees to open or maintain account. No minimum daily balance requirement. |
CD | Term CDs up to 0.50% APY. $1,000 minimum opening deposit. | 1.05% to 2.90% APY. Terms of 6 months to 6 years. 12-month CD APY of 1.90%. $500 minimum to open. No monthly service fee. |
Checking | eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000 | |
Money Market | ||
Customer Service |
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Mobile App | ||
ATMs | ||
Locations | ||
CreditDonkey® Reviews | ||
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Pros & Cons | Pros:
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Bottom Line | Solid online bank with excellent rates and no monthly fees... | |
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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 06/29/2021 Marcus: Information including rates, fees, terms, and benefits was obtained on June 22, 2022 from published websites and is believed to be accurate, but not guaranteed. |
Money Market Account - Get a Year of Amazon Prime
- 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.
CIT Bank Money Market Account - 0.85% APY
- 0.85% APY
- $100 minimum opening deposit
- No monthly maintenance fee
CIT Savings Builder - 0.65% APY
Earn up to 0.65% APY. Here's how it works: Maintain a minimum balance of $25k OR make at least a $100 minimum deposit every month. Member FDIC
Which is Better: CIT Bank or Marcus?
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.