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Customers today have many choices for selecting the best checking account. The best checking accounts offer low to no monthly fees, a welcome cash bonus usually with setting up a direct deposit, and the availability of a debit card for ATM access and purchases.
People looking for the best online checking accounts can find accounts that offer a good website and a mobile app that lets you deposit checks remotely.
The best checking accounts below were selected for the institution’s reputation, no monthly fee, commitment to customer service, and the perks offered.
Bank |
Rate (APY) |
Bonus |
Monthly Fee |
Apply |
Upgrade – Rewards Checking Plus |
– – |
$200 |
$0 |
Open Now |
Axos Bank – Rewards Checking |
Up to 3.30% |
Up to $300 (use promo codeAXOS300) |
$0 |
Open Now |
CIT Bank – eChecking |
Up to 0.25% |
– – |
$0 |
Open Now |
Quontic Bank High Interest Checking |
1.10% |
– – |
$0 |
Check Website |
Capital One 360 Checking |
0.10% |
– – |
$0 |
Check Website |
Lending Club – Rewards Checking |
0.10% |
– – |
$0 |
Check Website |
Average Interest Rate on Interest Checking Accounts – 0.07% (Source: FDIC – 2/20/24)
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Our featured checking accounts:
Upgrade – Rewards Checking Plus
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Get a $200 welcome bonus when you open an Upgrade credit card and a Rewards Checking Plus account and make 3 qualifying debit card transactions from your Rewards Checking Plus account within 60 days of the date the Rewards Checking Plus account is opened*
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No monthly fee
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Set up a monthly direct deposit of at least $1,000, and your account is eligible for benefits such as 2% cash back on purchases at drug stores, restaurants, gas stations and other everyday places, up to a maximum of $500 in rewards per calendar year**
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ATM fee rebates for qualifying accounts
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Rewards Checking Plus account holders can get a rate discount of up to 20% on Upgrade loans and credit cards
*To qualify for the welcome bonus, you must open and fund a new Rewards Checking Plus account through Upgrade and make 3 qualifying debit card transactions from your Rewards Checking Plus account within 60 days of the date the Rewards Checking Plus account is opened. If you have previously opened a checking account through Upgrade or do not open a Rewards Checking Plus account as part of this application process, you are not eligible for this welcome bonus offer. Your Upgrade Card and Rewards Checking Plus account must be open and in good standing to receive a bonus. To qualify, debit card transactions must have settled and exclude ATM transactions. Please refer to the applicable Upgrade VISA® Debit Card Agreement and Disclosures for more information. Welcome bonus offers cannot be combined, substituted, or applied retroactively. The bonus will be applied to your Rewards Checking Plus account as a one-time payout credit within 60 days after meeting the conditions.
** Without direct deposit, you’ll earn 1% cash back. Once you earn $500 in rewards with the 2% cash back, you’ll earn 1% on all other purchases or payments for the rest of the year.
See if you qualify in minutes without hurting your credit score
Apply
Upgrade Triple Cash Credit Card Highlights:
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No annual fee
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Unlimited cash back on payments – 3% on Home, Auto and Health categories and 1% on everything else after you make payments on your purchase
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Combine the flexibility of a credit card with the predictability of a personal loan
State Exclusions: Not available in DC, IA, WV, WI. The card is issued by Sutton Bank.
Axos Rewards Checking
Axos Bank Rewards Checking Named Best Online Checking Account 3 Years In A Row
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Use the promo code AXOS300 when you apply for a Rewards Checking account by June 30th, 2024. Then have qualifying direct deposits to earn up to a $300 bonus!†
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Build your own APY with up to 3.30% APY*
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Zero monthly maintenance fees
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Zero overdraft or NSF fees
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Zero minimum monthly balance reqs
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No initial deposit requirement
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Unlimited domestic ATM fee reimbursements
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Online debit card management
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Simple, 3-step process for direct deposit
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Only $50 to open an account
Open Now or Learn More
CIT – eChecking
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No monthly fees
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No overdraft fees
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CIT Bank does not charge ATM fees. Get up to $30 in other bank’s ATM fees reimbursed per month
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Make unlimited withdrawals and deposit checks with CIT Bank mobile app
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Debit card with EMV chip technology
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Open with a minimum of $100