While SoFi aims to offer a simple banking solution for most customers, all of your funds are combined into one account. Although this does attract 0.25% interest, it can make it tricky to effectively manage your money.
CIT offers checking, saving and money market accounts, so you can more easily control your finances to ensure the best rates and greatest accessibility to your funds. You can have checking accounts with a debit card for your everyday spending, but easily transfer excess funds into your savings account online or via the app.