CIT Bank Review:

Intro

CIT Bank, a division of First Citizens Bank, specializes in high-yield digital deposit accounts including Platinum Savings, Savings Connect, and no-penalty CDs with zero monthly maintenance fees.

Full Review

CIT Bank Complete Banking Review & Overview

CIT Bank (headquartered in Pasadena, CA, USA) is a premier financial institution evaluated on MoneyCompared with an overall composite score of 9/10 across Checking Accounts, High-Yield Savings, CD Rates & Fixed Deposits. CIT Bank, a division of First Citizens Bank, specializes in high-yield digital deposit accounts including Platinum Savings, Savings Connect, and no-penalty CDs with zero monthly maintenance fees.

Key Banking Strengths & Account Offerings

Customers comparing CIT Bank against rival banks benefit from its regulated deposit and lending products, digital banking tools, and competitive fee structures. Explore CIT Bank's category-specific aspect ratings, account details, and side-by-side bank comparisons below.

Pros

  • Strong composite financial rating (9/10) across Checking Accounts, High-Yield Savings, CD Rates & Fixed Deposits
  • Regulated deposit and consumer protection with modern digital banking app
  • Competitive account options for everyday banking and long-term savers

Cons

  • Best relationship rates or fee waivers may require qualifying direct deposits or minimum balances
  • Rates and promotional offers vary by credit profile and account tier

CIT Bank: Products

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CIT Bank Platinum Savings Account

CIT Bank Platinum Savings Account

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CIT Bank: Categories

High-Yield Savings

High-Yield Savings

Rated 9.3

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CD Rates & Fixed Deposits

CD Rates & Fixed Deposits

Rated 9.1

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Checking Accounts

Checking Accounts

Rated 8.3

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