Chase is one of the biggest banks in the Unites States, they offer everything from personal banking to mortgages to loans, as well as a popular range of credit cards.
Not to mention, they offer more checking options compared to other competitors.
Whereas, CIT Bank offers accounts for savings and multiple CDs, including a no-penalty CD.
There are no monthly service fees, but both the savings and money market requires a $100 minimum deposit while term CDs require a $1,000 minimum.
Continue reading below to see a side-by-side comparison between the two banks, so you can see which one offers the services you need the most.
PROMOTIONAL LINK | OFFER | REVIEW |
Chase Business Complete Checking® | $300 or $500 Cash | Review |
Chase Private Client | $3,000 Cash | Review |
Chase Total Checking® | $300 Cash | Review |
J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
Chase College CheckingSM | $100 Cash | Review |
Chase Secure BankingSM | $100 Cash | Review |
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Chase | CIT Bank | |
Locations | Branches in Several States (Locator) | Online-only bank |
ATMs | Chase ATMs nationwide | |
Savings | 3.5/5 | 4.5/5 |
CD | ||
Checking | 4/5 | 4.5/5 |
Money Market | 5/5 | |
Customer Service | 4/5 | 4/5 |
Mobile App | 5/5 | 4.5/5 |
Pros | -Branches in many states -New customer coupons -Full service banking |
-High yield -No monthly service fees -Low opening deposits |
Cons | -Low interest rates – Not in all states |
-No physical locations -No check writing |
Bottom Line | Chase is a good choice if you’re looking for a bank with full range of service | CIT Bank is a good online bank that offers a good eChecking account and savings options. |
Chase Bank Promotions
CIT Bank Promotions
Compare to Other Banks
Chase Bank:
- Chase vs Bank of America
- Chase vs Fifth Third Bank
- Chase vs Wells Fargo
- Chase vs US Bank
- Chase vs PNC Bank
- Discover Bank vs Chase
CIT Bank:
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Bottom Line
Which Bank is Better: Chase or CIT Bank?
In summary:
- Chase is a good choice if you’re looking for a bank with full range of services, physical locations, lots of ATMS, and good mobile banking.
- CIT Bank’s money market account is outstanding. They offer high rates without the balance requirements, so this is a good choice if you aren’t able to commit saving a certain amount each month.
For other banking options, see our list of the best bank account bonuses & savings account offers.
More on Chase Bank:
- What Are Chase Bank’s Hours?
- How To Find and Use Your Chase Bank Login
- What Do You Need to Open a Chase Bank Account?
- How To Order Checks via Chase: Online, Vendor Site or by Phone
- How to Set Up Chase Online Bill Pay
- How to Stop Payment for a Chase Check
- Chase Business Routing Number
- How to Stop Payment for a Chase Check
More on CIT Bank:
- What Are CIT Bank’s Hours?
- CIT Bank Routing Number
- How to Open CIT Bank Account
- Why CIT Bank is Trustworthy
- How To Use and Find Your CIT Bank Login