CIT Bank Checking Account Review 2026
CIT Bank’s eChecking earns a solid interest rate for a checking account. But the best part is that CIT Bank charges no fees, including overdraft, monthly maintenance and incoming wire transfer fees. To boot, the account offers reimbursement on out-of-network ATM fees up to a certain amount.
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Your checking estimate
CIT Bank monthly account cost
Net annual value
-$117
Interest minus estimated fees
Fit score
64/100
Based on rate, fees, and how well it fits your balance
SwitchWize take
Access-first checking account
Observed APY
0.10%
Usually secondary to fees
Main catch
Some online-only banks don’t require a minimum deposit to open an account.
Terms checked
Oct 6, 2026
Verified
Checking truth label
CIT Bank account details that matter
Pros & cons
- CIT’s checking account earns interest.
- The account is largely fee-free.
- An account can be opened with just $100.
- Some online-only banks don’t require a minimum deposit to open an account.
- You need $25,000 in deposits to earn the highest APY.
Derived from the current rate, fees, and terms we track for this product. Confirm the latest details on the provider’s site.
Best for
- Everyday spending
- Direct deposit
- Bill pay
- Debit and ATM access
Not for
- Long-term savings yield
- Idle emergency cash
- Avoiding all fees without checking waiver rules
Access map
What this account is actually good at
0.10%
$100
CIT’s checking account earns interest.
Some online-only banks don’t require a minimum deposit to open an account.
Decision checks
Open only if these checks pass
0.10% observed
$100
Some online-only banks don’t require a minimum deposit to open an account.
Use for transactions, not idle savings
Score it by fee avoidance, cash access, and account control before you look at APY.
Track this accountConfirm APY, monthly fee, waiver rules, access features, overdraft terms, transfer limits, and deposit insurance before funding the account.
Comparison set
Other checking accounts to compare first
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Ally Checking Account
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America First FCU Checking Account
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