We analyze online checking accounts in the U.S. to uncover which have the best earnings, benefits, and the lowest fees. Learn more about our methodology here. Bank awards methodology | Previous Award Winners

1. Best High-Interest Checking Account

Aspiration Summit Account

A MyBankTracker Rating

High interest rates. No monthly fees. No ATM fees. A portion of the company’s earnings go to charity.

Best Feature: High-interest checking with low fees.

When it comes to the best checking accounts, the Aspiration Summit account is a leader due to its high interest rates and the fact that it's free. Your money in this account will grow as fast as some of the top online savings accounts. To sweeten the deal, you’ll never have to pay an ATM fee because all of them are refunded. Use any ATM you want for free. Since the last quarter, Aspiration has added mobile banking apps for the Summit account so you can now manage your money on the go.

  • Earn

    Earn 1.00% APY when you have a balance of $2,500 (0.25% APY if the balance is less)

  • Fees

    No monthly fees

    All ATM fees will be refunded

  • Benefits

    A dime of every dollar Aspiration earns is donated to charity

2. Best High-Interest Online Checking Account

Radius Bank Radius Hybrid

A MyBankTracker Rating

High yield checking. Free ATM access worldwide. Access to overdraft line of credit.

Best Feature: Full-fledged online checking account with a great APY.

Radius Bank’s hybrid account is a full-fledged online checking account with a seriously competitive interest rate. On top of that, you never pay an ATM fee or a monthly fee. Other handy features include mobile deposit, an overdraft line of credit, and personal payments - all of which are free.

  • Earn

    Earn 0.90% APY on the portion of the balance over $2,500

  • Fees

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

    No monthly maintenance fee

  • Benefits

    Access to an overdraft line of credit to avoid overdraft fees

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

    Mobile app available on the Apple App Store and Google Play

3. Best Low Minimum Balance High-Interest Checking Account

Bank5 Connect High-Interest Checking

A+ MyBankTracker Rating

ATM reimbursements of up to $15/month. High rates. No monthly fee.

Best Feature: Low account balance minimums to earn a high APY.

We’re giving Bank5 Connect top honors for its High-Interest Checking. With this account, you get a competitive interest rate and a low minimum balance ($100). Plus, you won’t get charged monthly fees and you’ll get up to $15 in ATM fee rebates per month.

  • Earn

    Earn a 0.76% APY

    Use your debit card (signature purchase) and earn 1 point for every $2 spent

  • Fees

    No monthly fee or minimum balance requirements

    Get up to $15 in ATM fee refunds per month

  • Benefits

    Pay People allows you to send money to friends with ease

    Mobile app available on the Apple App Store and Google Play

Ask a Question

Saturday, 17 Sep 2016 7:09 PM
<p>Yes, these are online only banks. Is there a specific reason that you want to be able to access a physical branch?</p><p>Capital One 360 offers a free interest checking account and you will also be able to go into Capital One branches. However, note that there are some services that you will not be able to perform at a branch.</p>
Tuesday, 28 Jun 2016 3:22 PM
<p>Hi, are these banks are online only? I'm looking for the bank in New York area, that has high interest checking account, but also has some branches. Thank you!</p>

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