Consistently competitive rates. Minimal to no fees. (Limited) ATM reimbursement. Checking, savings, and CDs.Best Feature: One-stop banking
Ally Bank has topped the list of online banks for five quarters and counting. And now it’s just recently brought its product suite to the next level with the release of its first ever credit card.
Ally Bank consistently wins in this category because of its competitive interest rates, minimal fees, and top of the industry digital experience. If you’re looking for one-stop banking, Ally is the bank for you.
Ally offers a 1.00% APY on savings accounts and up to 1.30% APY on CDs.
ATM withdrawals are free at any of the 43,000 Allpoint ATMs in the U.S. Otherwise, you can get reimbursed up to $10 per statement cycle for all other ATMs.
Consistently ranking highly on customer support, you can reach help with Ally any way that works for you. Just chat, call, or email to contact them about an issue.
Ally doesn’t charge maintenance fees for any of its accounts.
If you need to send money but the other person doesn’t have an Ally account, you can use the Popmoney feature. Just send the money to via their email address or mobile phone number and you’re good to go.
Capital One 360
No-fee checking. Strong rates and loan products.Best Feature: MMA offering up to 1.00% APY
Capital One 360 is a great all-in-one option for online banking. With a solid selection of banking and loan products plus high customer service ratings, Capital One 360 can answer to just about any of your banking needs.
Capital One 360 doesn’t charge maintenance fees and offers a large selection of fee-free ATMs (you can visit Allpoint or Capital One ATMs). You can even use the My Savings Goals feature to keep track of your savings progress. As Capital One 360 increases its integration with Capital One, it’s becoming the best hybrid bank in America.
High yield checking. Free ATM access worldwide.Best Feature: Hybrid checking
Radius Bank is a serious contender for best online bank, especially since it offers a high yield checking account of up to 0.90% APY. The Radius Hybrid Checking account enables you to earn interest rates usually reserved for savings accounts - with all the convenience of a checking account.
Adding to the convenience, you can use the Radius Pay a Friend feature to send money simply via email or text message. Your friend doesn’t even need a Radius account to collect the money. And if you need to access your money, you can use any ATM for free worldwide, with the help of rebates when they apply.