SuperMoney 

CIT Bank Money Market Account

in Money Market Accounts from CIT Bank

Claimed Visit Site

CIT Bank Money Market Account

Claimed

in Money Market Accounts from CIT Bank

Net Recommendation Score +100% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
1 user recommends
0 users are unsure
0 users don't recommend
Cast your vote
Cast your vote

Would you recommend CIT Bank Money Market Account to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Community Rating

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
APY 1.85%

CIT Bank Money Market Account Review

CIT Bank Money Market Account is offered by CIT Bank, a bank founded in 2000 and based in Salt Lake City, UT. CIT Bank Money Market Account is offered in 50 states (and Washington, DC).

Are money market accounts from CIT Bank federally insured?

Yes, your CIT Bank money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #58978). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the CIT Bank Money Market Account rates?

CIT Bank Money Market Account Rates and Terms
Rates Amount
APY 1.85%

CIT Bank Money Market Account offers an APY of up to 1.85% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a minimum balance of $0. This is higher than the typical APY for online-only checking accounts, which is around 1% APY.

What are the CIT Bank Money Market Account fees?

CIT Bank Money Market Account does not charge a monthly maintenance fee.

CIT Bank will charge you a $10 fee if you exceed your maximum number of monthly transactions.

Federal regulations limit the number of transactions you can make from your money market account to six per month.

CIT Bank Money Market Account Fees
Fees Amount
Monthly Fee $0
Paper Statement Fee $0
Excess Transaction Fee $10

What is the minimum balance for CIT Bank Money Market Account?

No minimum initial deposit. CIT Bank does not require a minimum initial deposit to open an account.

What features and perks does CIT Bank Money Market Account offer?

This account does not seem to offer any of the features and perks we track.

How to open an account with CIT Bank

  • Visit the CIT Bank website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Monthly Fee $0
Paper Statement Fee $0
APY 1.85%

CIT Bank Money Market Account Community Reviews

 
 

Would you recommend CIT Bank Money Market Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Money Market Accounts

UFB Direct Premium Money Market
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

1 Reviews

Chase Bank Money Market Account
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

1 Reviews