CIT Bank vs Marcus by Goldman Sachs

CIT Bank is a solid online bank with excellent rates and no monthly fees. How does it compare to Marcus? Read our comparison chart below.

CIT Bank is an online division of First Citizens Bank. It's known for high interest rates on its savings accounts and CDs. In addition, it offers an eChecking account. All accounts have no monthly service fees.

While Marcus offers savings accounts, term CDs, and a no-penalty CD. It has no checking or ATM network. Savings account has no minimum deposit required to open while CDs have $500 minimum opening deposit. There are no service fees.

Compare CIT Bank with Marcus, side-by-side. Read on for an in-depth look, including ratings and reviews.

	Member FDIC	MarcusUFB DirectDiscover Bank
	Visit Site	Learn More
	CIT Bank	Marcus by Goldman Sachs
	SPECIAL OFFER CIT Bank Platinum Savings - Learn More Read CIT Bank Review	SPECIAL OFFER Marcus Online Savings - Earn 3.75% APY - Learn More Read Marcus Review
	Benefits and Features
Savings	Platinum Savings: 4.10% APY with a balance of $5,000 or more Savings Connect: 4.00% APY Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit	3.75% APY. $0 to open. No fees to open or maintain account. No minimum daily balance requirement.
CD	Term CDs up to 3.50% APY. $1,000 minimum opening deposit.	3.75% to 4.50% APY. Terms of 6 months to 6 years. 12-month CD APY of 4.25%. $500 minimum to open. No monthly service fee.
Checking	eChecking: 0.25% APY with $25,000+ balance and 0.10% APY on balances under $25,000	N/A
Money Market	1.55% APY	N/A
Mobile App	iOS & Android	iOS & Android
ATMs	No ATM fees from CIT Bank. Up to $30 in other banks' ATM fees reimbursed per month (for eChecking Account)	None
Customer Service	Mon - Fri: 9 am - 9 pm ET Sat: 10 am - 6 pm ET Sunday: Closed	Mon - Sat: 8 am - 10 pm ET Sat - Sun: 9 am - 7 pm ET
Locations	Online Only	Online only
	CreditDonkey® Reviews
Savings
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: High savings APY No monthly fees Low opening deposits Cons: No check writing
Bottom Line	Solid online bank with excellent rates and no monthly fees... Read full review	Read full review
	Visit Site	Learn More
	CIT Bank Platinum Savings CIT Bank Savings Connect CIT Bank Term CDs - Up to 3.50% APY	Marcus Online Savings - Earn 3.75% APY 14-Month High-Yield CD - 4.50% APY 9-Month High-Yield CD - 4.30% APY
CIT Bank: Pricing information and data points from published website as of 03/20/2025. Marcus: Information including rates, fees, terms, and benefits was obtained on March 25, 2025 from published websites and is believed to be accurate, but not guaranteed.

Member FDIC

CIT Bank Platinum Savings - $300 Bonus

Get Deal

• Transfer a one-time deposit of $50,000+ for a Bonus of $300
• 4.10% APY with a balance of $5,000 or more
• 0.25% APY with a balance of less than $5,000
• No monthly maintenance fee
• Member FDIC

Terms and Conditions

• There are is no period of time where the customer will be required to maintain the funds.
  
• Account must be open when bonus is credited
  
• Promotion is available per account and Primary customer
  
• Bonus will be credited into the Platinum Savings Account that fulfills the funding requirement
  
• Funding can be deposited in one-deposit or incrementally
  
• Promotion Period will be 3 months or until CIT's goals are met, whichever comes first

Member FDIC

CIT Bank Platinum Savings - $225 Bonus

Get Deal

• Transfer a one-time deposit of $25,000 - $49,999.99 for a Bonus of $225
• 4.10% APY with a balance of $5,000 or more
• 0.25% APY with a balance of less than $5,000
• No monthly maintenance fee
• Member FDIC

Terms and Conditions

• There are is no period of time where the customer will be required to maintain the funds.
  
• Account must be open when bonus is credited
  
• Promotion is available per account and Primary customer
  
• Bonus will be credited into the Platinum Savings Account that fulfills the funding requirement
  
• Funding can be deposited in one-deposit or incrementally
  
• Promotion Period will be 3 months or until CIT's goals are met, whichever comes first

Member FDIC

CIT Bank Platinum Savings - 4.10% APY

Learn More

• 4.10% APY with a balance of $5,000 or more
• 0.25% APY with a balance of less than $5,000
• $100 minimum opening deposit
• No monthly maintenance fee
• Member FDIC

Which is Better: CIT Bank or Marcus?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing CIT Bank or UFB Direct.

Articles on CIT Bank

CIT Bank Savings Review

CIT Bank offers a high interest rate. But how reliable is this online bank? Read this review to find out if what you heard is true.

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CIT Bank CD Rates

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Who is CIT Bank

CIT Bank offers accounts with high interest rates and low fees. But just who is CIT Bank? And should you trust them with your money?

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CIT Bank Savings Connect vs Platinum Savings

CIT Platinum Savings is CIT Bank's newest savings account. It advertises a higher APY. Check out how it compares to Savings Connect. Get a higher rate now.

• CIT Bank vs Chime

CIT Bank Complaints

CIT Bank offers a high APY. But there are some downsides, too. Read on to learn more about CIT Bank common complaints and possible solutions.

CIT Bank Locations

CIT Bank is an online bank that offers a variety of savings products. Find out how to manage your account, reach customer service, and the bank's current offers.

CIT Bank Platinum Savings

CIT Platinum Savings Account boasts a higher APY than its other savings accounts. But there's a catch. Read on to learn how to get the highest APY.

CIT Bank No Penalty CD Review

CIT Bank offers a CD account that has no penalty for early withdrawal. Read on to learn about the APY and any requirements or fees that come with it.

CIT Bank High Yield Savings Review

CIT Bank savings accounts offer some of the highest APYs with minimal requirements. Read on to learn how CIT can help you grow your money.

What is CIT Bank

In the modern world, there are some things you just don't have to do anymore. Like drawing water from a well. Or paying fees just to keep your bank account open.

CIT Bank Login

Forgot your CIT Bank username? We'll show you how to login your online bank account.

CIT Bank Routing Number

Want to transfer money in or out of your CIT Bank account? Read this review to find your ABA routing number.

Articles on Marcus by Goldman Sachs

Marcus Bank Review

Marcus by Goldman Sachs offers savings accounts and CDs at high interest rates. But don't expect accounts with a lot of bells and whistles. Read on for the pros and cons.

Marcus by Goldman Sachs High Yield Savings

Saving up for something big? Grow your funds with Marcus Online Savings' impressive APY rate. Read on for more details.

Marcus CD Rates

Marcus has high-yield, no-penalty, and rate bump CDs. But are the rates competitive? Read on to find out.

Which Do You Think is Best?

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