Save smart and get more for your money

Better banking starts with a CIT Bank Money Market Account

  • Higher rates than traditional banks
  • Direct Mobile Deposits
  • Secure banking features
  • FDIC insured

Benefits of our Money Market Account

With a CIT Bank Money Market Account, you can earn a competitive interest rate and access your money easily. It's an ideal online account for building an emergency fund or saving for a large purchase.

See why we're the brighter banking choice3

One of the nation's top rates — over 17x the national average.4




Choose wisely. Choose CIT Bank.5

How to open a Money Market Account

1. Enter Your Info

We require your address, phone, email and social security number (or other taxpayer ID).

2. Fund Your Account

Minimum of $100 to open your account. You can transfer funds with electronic transfer, mail in check, mobile check deposit, or wire.

3. Done!

We'll send a confirmation email.

Money Market Account FAQs

What is a Money Market Account?

The CIT Bank Money Market account is an interest-bearing account that pays a variable rate of interest and allows deposits, withdrawals and transfers including Bill Pay (currently not available - COMING SOON) and People Pay. Federal Regulation D limits certain transfers and withdrawals to a maximum of six (6) preauthorized or automatic transfers or withdrawals per statement cycle, see below for more information. The minimum to open an account is $100.

How can I access my money and make payments with a CIT Bank Money Market Account?

You can access your funds and make payments using People Pay.

What is People Pay and how does it work?

People Pay is a free service that allows you to send money from your Money Market account to almost anywhere with an email address or mobile phone number.

What is the difference between a Premier HYSA and a Money Market Account?

Each account offers a different and strong APY. Another difference is that the Money Market account has more flexible access to funds through transaction features such People Pay with account-to-account and PayPal options. Check out the Comparison Chart to see what makes the Money Market different from a Premier High Yield Savings account.

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Minimum balances
Available as IRA
Available as Custodial
Minimum balances
Available as IRA
Available as Custodial