Here's an easy way to compare high interest checking accounts based on your average monthly balance, time period, and interest rate. Hit "calculate" to see the results.
Interest Checking Calculator
Checking Calculator Help
Check out our glossary to get familiar with the checking terminology or read our guides to make the best decisions when looking for a checking account.
Average Monthly Balance
The amount you plan on keeping in our account. Add this amount to get the total, and then divide this number by the amount of months, and you will get the average. For example, if your balance was $1,000, $2,000, and $3,000 for 3 months, your average monthly balance for 3 months is $2,000.
Time Period
Choose the length of time you plan on keeping the average monthly balance in the account.
Interest Rate
The percentage of interest you will receive from the bank.
