Table of Contents
Introduction
Mobile banking has recently gained much attention due to the fact that it helps customers to manage their money easily. One of the banks that have embraced this trend is CIT Bank, a leading online bank that has designed a good mobile application for its customers to help them with their banking needs. In this article, we are going to discuss the features of CIT Bank Mobile and the advantages that come with it.
The Rise of Mobile Banking
The current generation is a busy one and people require quick and easy ways of handling their daily activities. This includes money matters. Conventional banking services such as physical branch banking or the use of a computer are no longer the only means of banking. Mobile banking has emerged as a new and effective way of banking that allows customers to transact, get information about their accounts and make payments from the comfort of their homes.
The Federal Reserve in a survey estimated that 53% of smartphone owners with a bank account made mobile bank transfers in 2020, this is up from 43% in 2017. This is a huge rise in the uptake of mobile banking services which shows that more and more people are interested in convenient and easy to use banking solutions.
The Benefits of CIT Bank Mobile
CIT Bank Mobile provides its clients with various advantages and benefits that make the banking process easier. Some of the features that will be discussed in this article include the following: It is easy to get accounts from the list of accounts that you have.
1. Easy Account Access
CIT Bank Mobile application allows you to manage your accounts in a matter of minutes. You can check your balance, look at your statement, move money from one account to another, or make a transfer. You will get all the details you need in the phone itself and not have to visit a physical branch or log in to a desktop application to get them.
2. Safe and Secure Transactions
When it comes to banking, security is an issue and CIT Bank Mobile does not disappoint. The app also has security features that include encryption of all your personal and financial details to ensure that your transactions are secure. In addition, there are other features like the biometric identification (fingerprint or face ID) which provide an extra layer of security and limit the access of other people to your account.
3. Mobile Check Deposit
You no longer have to visit a branch or an ATM to deposit a cheque as CIT Bank Mobile app allows you to do it using your phone’s camera. All you need to do is take a picture of the cheque, enter the amount and send it via the application. This feature is very helpful since you don’t have to visit a branch to make the physical deposit of the cheques especially if you are not based near a branch.
4. Bill Pay
CIT Bank Mobile also offers the ability to pay bills, schedule future payments and view your payment history. You can set up one time and recurring payments and be notified of the payment status. You will also get reminders for upcoming bills to avoid missing a payment. This feature helps you to be organized and pay your bills on time.
5. Budgeting Tools
It is important to know where your money is going and how to manage your money to be successful. CIT Bank Mobile provides budgeting tools that help you to sort your expenses, set limits on spending and even see where your money is going. These tools give you understanding of where your money is going and how to spend it wisely.
Case Study: John's Experience with CIT Bank Mobile
In order to explain the advantages of CIT Bank Mobile, let me illustrate them with an example of John’s experience. John is a business man and a traveler in his profession. This means that he requires a banking service that can easily help him with his banking needs including when he is travelling.
John decided to sign up for a CIT Bank account and get the mobile app. He was happy with the design and the simplicity of the application. In a few minutes, he was able to create his account and start using all the services of CIT Bank Mobile.
When he was traveling, he used the application to check his account balance, make transfers, and make deposits. He especially liked the mobile check deposit option since it saved him time and allowed him to deposit checks without having to visit a branch.
John also got to use the budgeting tools that CIT Bank Mobile had to offer. He set some spending limits for various categories and received notifications when he reached those limits. This helped him to control his spending and make changes to his spending where needed.
In general, John said that CIT Bank Mobile helped him to simplify his banking and to get the freedom he needed. He did not have to search for a branch or even log in to a desktop computer to transact business. All he needed was in his smartphone and therefore banking was easy and stress free.
Conclusion
CIT Bank Mobile is a great product that enhances the banking services of its customers in several ways. CIT Bank Mobile has a number of features including easy account access, secure and safe transactions, mobile check deposit, bill pay, and budgeting tools to help you manage your money wisely.
As for mobile banking, it is crucial to select a bank that understands its clients’ needs and provides a good mobile application. CIT Bank has successfully achieved this with CIT Bank Mobile and therefore is a good bank for anyone who wants to make their banking process easier and manage their money while on the go.
So why wait? Get CIT Bank Mobile now and see how easy it is to manage your banking needs with mobile banking.
