We analyze the top bank accounts in the nation to uncover which have the best earnings and benefits at the lowest fees. Learn more about our methodology here. Bank awards methodology

1. Best Comprehensive Online Banking

Ally Bank

A+ MyBankTracker Rating

Consistently competitive rates. Minimal to no fees. (Limited) ATM reimbursement. Checking, savings, and CDs.

Best Feature: One-stop banking

For the sixth quarter in a row, Ally’s taking home the top award for online banks. Ally continues to offer a full suite of high-quality deposit accounts at low fees and high savings rates. And last quarter Ally added its first ever credit card into the mix, broadening its offerings that much more.

Ally has shown time and time again that they will consistently deliver quality products and services. This is a great choice for someone looking to replace branch banking with a comprehensive online banking platform.

  • Earn

    Ally Online Savings Accounts has a competitive 1.00% APY on all balances

  • Fees

    No monthly fees on any Ally deposit accounts

    Get $10 in ATM fees refunded per month

    Surcharge-free access to more than 43,000 Allpoint ATMs

  • Benefits

    Great customer service

    Popmoney feature allows you to send money to friends with ease

    Mobile app available on the Apple App Store and Google Play

2. Best Online Bank with Physical Branches

Capital One 360

A+ MyBankTracker Rating

No-fee checking. Strong rates and loan products.

Best Feature: MMA offering up to 1.00% APY

Capital One 360 is taking home top honors again. If you’re looking for a strong online bank that also has branch locations, Capital One 360 could be the choice for you. Besides offering a strong hybrid experience, Capital One 360 also provides accounts for low costs and competitive interest rates. This is a great all-in-one option for banking and loans.

  • Earn

    Capital One 360 Money Market account offers 1.00% APY on balances of at least $10,000

  • Fees

    Free access to 38,000 Allpoint ATMs and 2,000 Capital One ATMs

    No overdraft fees if you get the optional overdraft line of credit

    No monthly fees with all Capital One 360 deposit accounts

  • Benefits

    Great customer service

    Person2Person feature allows you to send money to friends with ease

    Mobile app available on the Apple App Store and Google Play

    My Savings Goal Feature to keep track of your savings progress

    Integrates with Capital One for more options and flexibility

3. Best Online Bank for Hybrid Checking/Savings Account

Radius Bank

A MyBankTracker Rating

High yield checking. Free ATM access worldwide.

Best Feature: Hybrid checking

Radius Bank wins again for its outstanding hybrid checking/savings account. With the hybrid account, you get the convenience of a checking account and the interest rate of a high yield savings account. That way you can access your money as you need to without sacrificing growth. Bonus: you won’t get charged monthly maintenance or ATM fees.

  • Earn

    Earn 0.90% APY on balances of $2,500 and up in the Hybrid Account

    Earn 1.00% APY on balances of $2,500 and up in the High-Yield Savings Account

  • Fees

    No ATM fees on Radius ATMs, unlimited rebates for out-of-network ATMs

    No monthly maintenance fee on checking accounts

  • Benefits

    Live chat available with a customer service agent

    Radius Pay a Friend feature allows you to send money with ease

    Mobile app available on the Apple App Store and Google Play

Ask a Question

Saturday, 19 Nov 2016 5:02 PM
<p>I need to transfer funds from one account to another in the same branch. What do I need to do?</p>
MyBankTracker
Wednesday, 02 Nov 2016 8:57 PM
<p>It sounds like the representative was trying to push you to open a checking account as well... You should not have to open a checking account just to get a savings account. This is especially the case for the Capital One 360 division.</p><p>I would suggest revisiting the branch another time or another branch. You may also want to call the branch before making trip to confirm that you can open a savings account without a checking account.</p>
Saturday, 29 Oct 2016 11:16 PM
<p>I was told by a representative at the Capital One Bank in Lufkin, Texas, that in order to establish a savings account I would first have to establish a checking account; why is this necessary: I had a checking account for years at the Capital One bank in Chireno, Texas, but it is closing.</p>

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