CIT direct bank launches digital checking with no monthly fee, ATM reimbursement

https://www.mobilepaymentstoday.com/news/cit-direct-bank-launches-digital-checking-with-no-monthly-fee-atm-reimbursement/
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CIT direct bank launches digital checking with no monthly fee, ATM reimbursement

CIT Bank, the national direct bank from CIT, announced the launch of eChecking, a digital checking account featuring no monthly fee, ATM fee reimbursement of up to $15 per month and up to 0.25% APY.

The eChecking account will include a variety of electronic and mobile payment options, including Apple Pay, Samsung Pay, electronic bill payment and Zelle P2P transfers. 

“Today’s consumers want the flexibility to manage their finances from anywhere and at any time,” Ravi Kumar, head of CIT’s direct bank, said in a press release. “At CIT Bank, we’re committed to prioritizing convenience for our customers as digital payments continue to gain traction.”

The eChecking account represents the newest digital banking product from CIT following the launch of Savings Builder, which provides a competitive interest rate of up to 1.85% to those who save at least $100 a month or maintain a balance of at least $25,000.

Cover image: CIT.


 


Topics: Mobile Apps, Mobile Banking


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https://www.mobilepaymentstoday.com/news/cit-direct-bank-launches-digital-checking-with-no-monthly-fee-atm-reimbursement/