First Citizens Bank vs CIT Bank

First Citizens Bank is a full-service bank with waivable fees and low APYs. How does it compare to CIT Bank? Read our comparison chart below.

First Citizens Bank is a full-service bank with over 500 branches in 23 states. It offers a basic Free Checking account with just $50 deposit. Plus, it has premium checking options, savings, loans, credit cards, and business accounts.

While CIT Bank is an online division of First Citizens Bank. It's known for high interest rates on its savings accounts and CDs. In addition, it offers an eChecking account. All accounts have no monthly service fees.

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

	First Citizens BankBank of AmericaHSBCChaseDiscover Bank Member FDIC	Member FDIC
	Learn More	Visit Site
	First Citizens Bank	CIT Bank
	SPECIAL OFFER Online Savings - Learn More Read First Citizens Bank Review	SPECIAL OFFER CIT Bank Platinum Savings - Learn More Read CIT Bank Review
	Benefits and Features
Savings		Platinum Savings: 4.55% APY with a balance of $5,000 or more Savings Connect: 4.20% APY Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit
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
Money Market		1.55% APY
Mobile App		iOS & Android
ATMs		No ATM fees from CIT Bank. Up to $30 in other banks' ATM fees reimbursed per month (for eChecking Account)
Customer Service	Monday to Sunday 7:00AM - 11:00PM (ET)	Mon - Fri: 9 am - 9 pm ET Sat: 10 am - 6 pm ET Sunday: Closed
Locations	537 branches	Online Only
	CreditDonkey® Reviews
Savings
Checking
Mobile App
Customer Service
Money Market
Pros & Cons	Pros: Low opening deposit on some accounts Monthly fees can be waived Overdraft protection available Cons: Low APYs Only available in 23 states	Pros: High savings APY No monthly fees Low opening deposits Cons: No check writing
Bottom Line	Full-service bank with waivable fees and low APYs... Read full review	Solid online bank with excellent rates and no monthly fees... Read full review
	Learn More	Visit Site
	Online Savings Free Checking Savings Account - $25 Bonus	CIT Bank Platinum Savings CIT Bank Savings Connect CIT Bank Term CDs - Up to 3.50% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. First Citizens Bank: Pricing information from published website as of 07/22/2024. CIT Bank: Pricing information and data points from published website as of 11/20/2024.

Member FDIC

CIT Bank Platinum Savings - 4.55% APY

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• 4.55% APY with a balance of $5,000 or more
• 0.25% APY with a balance of less than $5,000
• $100 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

Member FDIC

CIT Bank Savings Connect - 4.20% APY

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• Earn 9x the national average
• $100 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

Member FDIC

CIT Bank Term CDs - Up to 3.50% APY

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• Up to 3.50% APY
• $1,000 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

Term	CD Rates
6 Month	3.00% APY
1 Year	0.30% APY
13 Month	3.50% APY
18 Month	3.00% APY
2 Year	0.40% APY
3 Year	0.40% APY
4 Year	0.50% APY
5 Year	0.50% APY

Which is Better: First Citizens 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 First Citizens Bank or Bank of America.

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

Articles on First Citizens Bank

First Citizens Bank Review

First Citizens Bank offers many account options with low opening deposits and fees. But there are downsides. Find out if First Citizens is a good bank for you.

• First Citizens Bank vs Bank of America
• First Citizens Bank vs HSBC
• First Citizens Bank vs Chase

First Citizens Bank Problems

First Citizens Bank provides affordable banking with fee-free checking and savings options. However, they may not be available for you.

Articles on CIT Bank

CIT Bank 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.

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• CIT Bank vs Ally Bank
• CIT Bank vs Citibank

CIT Bank CD Rates

CIT Bank is a well-known online bank with high savings interest rates. Find out how CIT Bank's CD rates compares to other trustworthy banks.

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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 vs EverBank
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CIT Bank Savings Connect vs Platinum Savings

CIT Platinum Savings is CIT Bank's newest savings account. It advertises a higher APY. Check out how it compares to Savings Connect. Get a higher rate now.

• CIT Bank vs Discover Bank
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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 Locations

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 Bank Platinum Savings

CIT Platinum Savings Account boasts a higher APY than its other savings accounts. But there's a catch. Read on to learn how to get the highest APY.

CIT Bank No Penalty CD

CIT Bank offers a CD account that has no penalty for early withdrawal. Read on to learn about the APY and any requirements or fees that come with it.

CIT Bank High Yield Savings Review

CIT Bank savings accounts offer some of the highest APYs with minimal requirements. Read on to learn how CIT can help you grow your money.

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.

CIT Bank Login

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

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.

Which Do You Think is Best?

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