How to Close CIT Bank Account?

CIT Bank is a subsidiary bank of CIT Group. And in today’s guide, I will be telling you the steps that you need to follow to close CIT Bank account. The process is simple and not very complicated. Before I started writing this guide I tried to gather some information about the account closing procedure in this bank. But unfortunately, I did not find enough data online on their official website as well as other websites.

But don’t worry I can still guide you through the process of account closing. I have written guides for the customers of other bank customers in the USA. So I can guide you through the process. Usually, the banks allow the customers to close their bank account by the following two methods. Some banks even allow the online account closing process. In that, you can use the secure messaging service of internet banking.

The two methods using which the account holders can close the account is by visiting and calling the customer care of the bank. I always recommend my readers to go to the branch of the bank to close their account. That is because even if your account has any problems you will be able to clear them at the branch. The bank officials will guide you through the process.

But if you try to close the account over the phone then there are chances that the bank will reject your request. If you have any issues or complications with the account. However, it is not a bad idea to give it a try by calling the customer care of the bank. I have explained the complete steps that you need to take to close the CIT bank Account in this guide.

About CIT Bank

Methods to Close CIT Bank Account

While closing your account you have to keep two things in your mind. The first one is there should be no negative balance or dues pending in your bank account. If you have any then you will have to clear them before you can close the bank account. Usually, the banks turn down the request of the customers to close the account if they any kind of pending dues in the account.

And the second thing is you should have another usable account with you. (alternative bank account) If you don’t have another one then it is recommended to open a new account. The bank account is really important so make sure you have another one before you close the existing one with the CIT Bank. You can choose any bank like the Bank of America, TD Bank, Chase Bank, Ally Bank, Wells Fargo, or US Bank for your new bank account.

Now let me assume that you have another bank account with you. So you have to update the details of your new bank account in every place from where you receive direct deposits like salary, etc. And if you have set up any autopay transactions then you have to move them to your new bank account. Once you have done that you also need to transfer all your money from your CIT Bank account to the new bank account. (on the day of closing the account)

Visting the Branch of CIT Bank

Calling the Customer Care of CIT Bank

How to Contact CIT Bank?

It is highly recommended to contact the bank using the contact details given below before using the information mentioned here. You can verify the information with the bank and then use it to close the account.

Conclusion

This is how you can close your CIT Bank Account. What I recommended to you is first to call the customer care of the bank. If they take your request to close the account then there is no need to go to the branch. But in case they turn down your request to close the account. Then you can go to the branch of the bank and get your bank account closed.