CIT Bank online eChecking account review

Updated

Debit account that you can open and operate 100% online, with no handling fees and free transfers through the Internet. It offers a debit card with no annual fee that allows you to withdraw cash for free at any ATM.

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Commissions
Account management: $ 0
Check deposit: Consult
Check writing: Consult
Transfers: $ 0
Profitability
APY: 0.25%
Rate of interest: Fixed
Interest settlement: Monthly
Comment: For balances over $25,000. For lower balances the return is 0.10% APY.
Advantage
Checkbook: Consult
Requirements
Minimum deposit: $ 100

Additional information of eChecking account

CIT Bank eChecking accountCIT Bank offers one of the best checking accounts you can open in the United States. It is the eChecking account and it stands out for not having fees and for remunerating your balance from the first dollar with a higher interest rate than most interest-bearing accounts.

It is also a 100% online account that you can open and manage through the Internet, using the bank's website from wherever you want.

What is the profitability of the eChecking current account?

With this product you will get a return on your money for any amount you have on deposit. If you have less than $25,000 you will receive 0.10% APY, which is already much more than what most banks offer.

In the event you exceed an average balance of $25,000 you will get a return of 0.25% APY.

Does it offer a debit card?

Yes, and it's totally free, with no annual fee or issuing charge. In addition, if you lose it, you can receive a new one at no cost.

With it you will be able to withdraw cash at any ATM with no charges from CIT Bank and up to $30 a month back for any fee that other banks' ATMs may charge you.

How to open an account with CIT Bank?

To open an eChecking account with CIT Bank, all you have to do is go to the CIT Bank website and follow the steps, which only takes about 5 minutes.

To open an account you will need your home address, a telephone number, an email address and a Social Security number. You will also need to make an initial deposit of $100 to activate it.

Savings accounts available at CIT Bank:

English: Cuenta eChecking de CIT Bank