American Express and CIT Bank checking side by side: fees, minimums, interest, ATMs and overdraft.
APY
American Express: 1.00% APY, no minimum balance to earn CIT Bank: 0.25% APY with $25,000+ balance; 0.10% below (APY field shows the top tier)
Monthly fee
American Express: $0 CIT Bank: $0
Min to open
American Express: $0 CIT Bank: $100
Min balance
American Express: $0 CIT Bank: $0
ATMs
American Express: No fee at Allpoint and MoneyPass ATMs in the U.S. CIT Bank: CIT charges no ATM fees; up to $30/month of other banks' ATM fees reimbursed
Overdraft
American Express: not found CIT Bank: No overdraft fees
Which pays more interest on checking, American Express or CIT Bank?
American Express has the higher stated top-tier APY as of 2026-10-12.
Where do these rates come from?
Each rate is read from the bank's own public page on the date shown and linked. Rates change often: confirm on the bank's site before opening. Not financial advice.
Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.