CIT

CIT Bank Review

Overview

CIT Bank is an online bank that offers money market accounts, high-yield savings accounts and certificates of deposit. CIT Bank is the ideal if you’re looking for a free money market account or high-yield savings that earn great rates.

Pros

  • Great term life insurance rates
  • Option of adjusting between term and permanent policies
  • Options to access funds before death or serious illness/injury

Cons

  • Weak customer service
  • Most policies require an exam
  • Long claim review process
Learn more about saving accounts with CIT Bank

2.25% APY
$100 Min balance for APY
Yes FDIC Member