CIT Bank is a well-known online bank that offers high-yield savings accounts and certificates of deposit (CDs). You can create a savings or a checking account with CIT Bank. The CIT bank has good customer service. You can open an account with a minimum deposit of $100. In addition, the CIT Bank offers a good interest rate on the savings account. However, if you are no longer interested in having an account with CIT Bank, you may be wondering how to close your account. In this blog post, I will provide detailed instructions on closing your CIT Bank account. So, continue reading.
To close CIT Bank account, you will need to take the following steps:
- First, call the customer support number of CIT Bank.
- Tell the customer support representative that you want to close your account.
- Then, provide your personal information and bank details.
- The customer support representative will verify your identity. After your identity is verified, the representative will close your account.
You will need to provide a reason for closing your account. Once your account is closed, you will no longer be able to access it.
You can also close your account by visiting a CIT Bank branch. Read on to learn more about closing CIT Bank Account.
About CIT Bank
Let’s talk about CIT Bank; It is a leading online bank in the United States that offers high-yield savings accounts and certificates of deposit (CDs). You can open an account with CIT Bank with a minimum deposit of $100. The CIT Bank offers good interest rates on the savings account. In addition, it has good customer service.
The Bank has a wide range of products and services for individuals, businesses, and commercial clients. The Bank offers a variety of deposit products, such as checking accounts, savings accounts, money market accounts, and certificates of deposit. It also offers home equity loans, lines of credit, auto loans, personal loans, and credit cards. In addition to banking products and services, the Bank provides investment management, trust, and custody services through its subsidiary, CIT Group Trust Company.
CIT Bank is headquartered in Pasadena, California, and has been in business since 1908.
Before You Close CIT Bank Account
Are you thinking of closing your CIT Bank account? It’s okay if you are unhappy with the services or if you found a better bank offering more interest on your savings. But before you close your account, there are a few things that you need to do, such as:
Open a new bank account: Before you close CIT Bank account, make sure to open a new bank account. You will need to transfer your funds from CIT Bank to your new account.
Update your payment history: If you have any outstanding payments, update your payment history. This is because closing a bank account with outstanding payments can damage your credit score.
Ask for a banking statement report: Before closing your account, it’s a good idea to ask for a banking statement report. This report will show you the transactions that have been made in your account.
Check your bank balance: Make sure to check your bank balance before closing your account. This is because you will need to transfer all your funds to your new account.
Set up auto-payment: If you have any recurring payments, set up auto payment. This is because closing your account will cancel all of your recurring payments.
Unlink accounts: If you have any linked accounts, make sure to unlink them before closing your account. This is because closing your account will also close all of your linked accounts.
Be aware of closing charges: CIT Bank may decline your request to close your account if you don’t have enough money to cover the closing charges. So, dont forget to keep at least $10 in your account to cover the closing charges.
How To Close CIT Bank Account?
You see, CIT Bank is an online bank, and it sometimes gets difficult while operate an only online-based bank. Sometimes, you want to visit the bank and talk to somebody face-to-face. So, I completely understand where you’re coming from. I’ve been there too. But don’t worry; I will show you how to close a CIT Bank account.
CIT Bank has a physical location, i.e.e, its headquarter is in Pasadena, California. So, if you’re considering closing your account, you can visit the bank and talk to somebody face-to-face. Also, you can call customer support and request to close your account. The customer support number is 855-462-2652.
Close CIT Bank Account by Visit CIT Bank Branch
If you live close to the bank or if you dont mind traveling, you can visit the bank and talk to somebody face-to-face. This is a good option if you want to close your account quickly.
To close your account, you will need to:
- Visit the CIT Bank branch.
- Go to the help desk section inside the bank.
- Find the account manager and request to cancel your account.
- Please fill out the form with the necessary information and submit it.
- Your account will be closed within a few days. Close CIT Bank Account by
Contacting CIT Bank Customer Support
If you dont live close to the bank or if you dont want to visit the bank, you can call customer support and request to close your account. You can give a call on the number
855-462-2652 if you live in the U.S.
626-535-8964 if you live outside the U.S.
To close your account, you will need to:
- Call the customer support number of CIT Bank.
- Tell the customer support representative that you want to close your account.
- Provide your personal information and bank details.
- The customer support representative will verify your identity. After your identity is verified, the representative will close your account.
And that’s it! Your account will be closed within a few days.
After You Close CIT Bank Account
Once you request to close your account, your account will be closed within a few days. . You cannot recover your account after it is closed. So, make sure you have transferred all of your funds to your new account before closing your CIT Bank account.
All of your account details will be deleted from the bank databases. So, if you want to keep a record of your transactions, take a statement report before closing your account.
Personal Experience
I closed my CIT Bank account about six months ago. I had a good experience with the bank, but I wanted to close my account because I wasn’t using it that much. So I called customer support, and they were very helpful. The representative closed my account within a few minutes.
Frequently Asked Questions(FAQs)
Do you still have questions about closing your CIT Bank account? Here are some frequently asked questions that might help you.
Q: How long does it take to close a CIT Bank account?
A: It usually takes five to seven business days to close your account.
Q: Are there any charges for closing the CIT Bank account?
A: Yes, CIT Bank needs you to have a few dollars in your account to cover the closing charges.
Q: Can I reopen my CIT Bank account after it is closed?
A: No, you cannot reopen your account once it is closed. However, you can always create a new account.
Conclusion
CIT Bank is a good bank with great customer service. If you’re thinking of closing your account, you can visit the bank branch or call customer support. Your account will be closed within a few days. I hope this article was helpful. Thanks for reading!