Yes, chit is a Scrabble word!
...and is worth 9 points in Scrabble, and 9 points in Words with Friends
chit
Noun
1. A dismissive term for a girl who is immature or who lacks respect
2. The bill in a restaurant
What Scrabble words can I make with the letters in chit?
4 Letter Words
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3 Letter Words
2 Letter Words