MyBankTracker Best Bank Awards for 2018

Feb 25, 2018 | Be First to Comment!

MyBankTracker announced the winners of Bank Awards for 2018, which resulted from extensive analysis of hundreds of financial institutions, including national banks, regional banks, online banks, and credit unions.

These awards provide recognition to the financial institutions that deliver the best overall customer experience. That means offering a wide range of top-notch accounts and services, convenience, customer service, and more.

Now, the right bank account is usually the deciding factor. That's why we've also identified the best options for checking, savings, money market, and certificates of deposit (CDs). These are the accounts that provide the best combination of low fees, high interest rates, and useful features.

Below is the complete list of award winners for the best banks and best accounts.

Best Banks

Picking the right bank can be a tough chore with so many options available. The list of Bank Awards winners can help people refine the potential list of banks that best fit your financial lifestyle.

Most Notable Banks

Ally Bank is one of our favorite online banks and a trusted option that continues to provide great accounts at very low fees. Its online savings account has a history of providing a strong APY on a consistent basis. Meanwhile, its online checking account is capable of replacing your traditional checking accounts -- with added perks such as ATM fee refunds. If your goal is to ditch national banks completely, we have full confidence that Ally will get the job done.

BBVA Compass has a strong branch presence in the West and the South to provide great convenience to people who still prefer to use a bank branch. We like that it offers a full range of banking products and services, including accounts that are highly accessible to many people. To top it off, BBVA Compass has one of the best mobile banking apps that are designed for easier navigation and control of your accounts.

Best Account Picks

Best Checking Accounts

Bank Account Category
Radius Bank Radius Hybrid Free Checking
Bank5 Connect High-Interest Checking Free Checking
Alliant Credit Union High-Rate Checking Free Checking
EverBank Yield Pledge Checking Highest Rate
Aspiration Summit Account Highest Rate
Radius Bank Radius Hybrid Highest Rate
Ally Bank Interest Checking Low Fee
Radius Bank Radius Hybrid Low Fee
Bank5 Connect High-Interest Checking Low Fee
Fidelity Investmentst Cash Management Account Most Convenient
Capital One 360 360 Checking Most Convenient
Chase Chase Total Checking Most Convenient

Most Notable Checking Account:

The Radius Hybrid considers itself as a combination of a free checking account and a high-yield savings account. It means that you can earn a competitive interest rate with no monthly fees and unlimited ATM-fee refunds. This account can be the only bank account you need.

View in detail: Best Checking Accounts

Best Savings Accounts

Bank Account Category
Goldman Sachs Bank USA Online Savings Best High-Yield
Synchrony Bank High Yield Savings Best High-Yield
Radius Bank Premium Savings Best High-Yield
Synchrony Bank High Yield Savings Most Consistent Rate
Ally Bank Online Savings Account Most Consistent Rate
Capital One 360 360 Savings Most Consistent Rate
Goldman Sachs Bank USA Online Savings Low-Fee
Radius Bank High-Yield Savings Low-Fee
Capital One 360 360 Savings Low-Fee

Most Notable Savings Account:

Marcus by Goldman Sachs Bank is helping people reach their savings goals faster with an online savings account that carries a market-leading interest rate -- no monthly fee or minimum balance requirement. It also doesn't have any transaction fees that can pose any interference with your sole goal of growing your savings faster.

View in detail: Best Savings Accounts


Best Money Market Accounts

Bank Account
Capital One 360 Money Market Account
Ally Bank Money Market Account
BBVA Compass ClearChoice Money Market Account

Most Notable Money Market Account:

Capital One 360 offers a money market account that comes with an amazing interest rate with no strings attached. Most importantly, it does have any fees at all -- including no monthly fees. Simple.

View in detail: Best Money Market Accounts


Best Certificates of Deposit (CDs)

Bank Account Category
Goldman Sachs Bank USA 12-Month CD Highest Rate
Synchrony Bank 5-Year CD Highest Rate
Goldman Sachs Bank USA 36-Month CD Highest Rate
Ally Bank 2-Year Raise Your Rate CD Most Flexible
CIT Bank 2-Year RampUp Plus CD Most Flexible
Ally Bank 11-Month No Penalty CD Most Flexible
Synchrony Bank 5-Year CD Jumbo CDs
Goldman Sachs Bank USA 36-Month CD Jumbo CDs
Goldman Sachs Bank USA 12-Month CD Jumbo CDs

Most Notable Certificate of Deposit Account:

Known for amazing interest rates, Synchrony Bank doesn't disappoint as it remains one of the best online banks for those seeking the top CD rates. Its 5-year CD provides a high APY for long-term savings and, if you ever need the money for an emergency, the early withdrawal penalty is much less than its competitors.

View in detail: Best Certificates of Deposit (CDs)

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