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

While KeyBank offers variety of checking and savings account options with differing perks such as lower loan rates, higher APY rates on savings options, and more!

However, KeyBank does have higher monthly fees with more difficult monthly fee waivers. If the fees are a bit much, no worries as there is a free checking account option.

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.


	CIT Bank	KeyBank
Locations	Online-only bank	More than 3,000 branches across the U.S. (Locator)
ATMs		More than 4,700 ATMs
Savings	4.5/5	3/5
CD		4/5
Checking	4.5/5	3/5
Money Market	5/5	3/5
Customer Service	4/5	4.5/5
Mobile App	4.5/5	4.5/5
Pros	-High yield -No monthly service fees -Low opening deposits	-Promo CD with high APY -Free student account -24/7 customer service
Cons	-No physical locations -No check writing	-High minimums to waive fees – Low savings
Bottom Line	CIT Bank is a good online bank that offers a good eChecking account and savings options.\|	US Bank offers a wide selection of accounts catered to your needs.

Table of Contents

CIT Bank Promotions

CIT Bank Savings BuilderCIT Bank Money MarketCIT Bank CDCIT Bank No-Penalty CD

Learn more about CIT Bank Savings Builder from CIT Bank. Our full list of CIT Bank bonuses here.

Learn more about CIT Bank Money Market from CIT Bank. Our full list of CIT Bank bonuses here.

Learn more about CIT Bank CD from CIT Bank. Our full list of CIT Bank bonuses here.

Learn more about CIT Bank No-Penalty CD from CIT Bank. Our full list of CIT Bank bonuses here.

Compare to Other Banks

CIT Bank:

KeyBank:

Bottom Line

Which Bank is Better: CIT Bank or KeyBank?

In summary:

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.
KeyBank offers a variety of deposit account options. Their mobile app suits a great user experience.

For other banking options, see our list of the best bank account bonuses & savings account offers.

More on KeyBank: