CIT Bank Review of Checking and Savings Account

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=7A-AJ2w7l54

CIT Bank is an online only bank. It offers many services that include e-checking account, savings builder account and money market account. • CIT Bank offers Debit Card under MasterCard brand. • It means there is no foreign transaction fee. • You can enable and disable the card using Mobile App. • Another good feature is rebates or reimbursement of ATM fees. • Up to $15 per month. • Replacement of the debit card from CIT Bank will cost you $10 dollars. • But, you can replace it for free once a year. • Urgent replacement of this card will cost you $45. • The card has EMV chip, so it is rather secure. • Next topic is fees. • Outgoing wire transfer can be free if your balance is above $25k. • Otherwise it is $10 • Return deposit will cost you $10 • Overdraft is $30 • And stop-payment is $30 • CIT Savings Builder Account has APY of 1.3% if you have monthly deposit of $100 or balance above $25k • Regular APY is 1%. • As all savings accounts it has limit of 6 withdrawal transactions per month. • The excessive withdrawal will cost you $10 • The interest compounds daily but posted monthly. • Mobile App is simple and kind of bare bones. It has very basic functionality. • No fancy charts. Users appreciate good mobile check deposit feature. • But they complain on broken fingerprint login. • Agenda: • 0:48 Debit Card of CIT Bank • 1:52 Fees of eChecking Account • 2:13 CIT Savings Builder Account • 2:50 Mobile App of CIT Bank

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