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NerdWallet’s 2019 Best-of Awards: The Best Banks

Jan. 16, 2019
Banking, Banks & Credit Unions, Checking Accounts, Savings Accounts
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NerdWallet has released its annual list of best banks as part of its 2019 Best-Of Awards. In the Banking category, NerdWallet highlighted the overall best banks and credit unions along with those that earned the highest ratings for checking accounts and savings products.

These financial institutions offer checking, savings, money market accounts and certificates of deposit, with consumer-friendly features such as high interest rates, low fees and helpful budgeting tools. Many offer additional perks, including ATM fee reimbursements and rewards.

NerdWallet, a personal finance website focused on comparing a wide range of financial products, chose its banking award recipients from dozens of financial institutions, using a rigorous evaluation process. NerdWallet writers and editors compared and assessed institutions on criteria including interest rates, fees, bonuses, ATM access, digital experience and more.

NerdWallet’s 2019 Best-of Awards highlight winners in categories including best credit cards, best mortgage lenders, best brokers for stock trading, best tax software, best student loans and best personal loans.

Take a look below at NerdWallet’s banking award winners.

NerdWallet’s 2019 Bank Award Winners

Financial institutionWhat it won for
Alliant Credit Union (see full review)Best Checking, Best Financial Institution and Best Savings
Ally Bank (see full review)Best Financial Institution and Best Savings
Aspiration (see full review)Best Checking
Barclays (see full review)Best Savings
Capital One 360 (see full review)Best Checking
Charles Schwab Bank (see full review)Best Checking
Discover Bank (see full review)Best Financial Institution and Best Savings
Fidelity (see full review)Best Checking
Marcus by Goldman Sachs (see full review)Best Savings

» For more account details, see our lists of the best banks and credit unionsbest checking accounts and best savings accounts.


METHODOLOGY

We took a close look at over 70 financial institutions, including the largest U.S. banks based on assets, debit card volume, Internet search traffic and other factors; the nation’s largest credit unions, based on deposits as well as broad-based membership requirements; and other notable and/or emerging players in the industry. We rated them on criteria including annual percentage yields, minimum balances, fees, digital experience and more.

Financial institutions surveyed include: Alaska USA Federal Credit Union, Alliant Credit Union, Ally Bank, America First Credit Union, American Express, Aspiration, Associated Bank, Axos Bank, Bank5 Connect, Bank7, Bank of America, Bank of the West, Barclays, BB&T, BBVA Compass, Boeing Employees Credit Union, BMO Harris, Capital One 360, Charles Schwab Bank, Chase, Chime, CIT, Citibank, Citizens Access, Citizens Bank, Comerica Bank, Commerce Bank, Connexus Credit Union, Consumers Credit Union, Discover Bank, E-Trade, Fidelity, Fifth Third Bank, First National Bank, First Tech Federal Credit Union, GoBank, Golden 1 Credit Union, GS Bank, HSBC Bank USA, Huntington Bank, KeyBank, MetaBank, M&T Bank, Moven, Navy Federal Credit Union, Pentagon Federal Credit Union, PNC, Popular Direct, PurePoint Financial, Radius Bank, Redneck Bank, Regions Bank, Sallie Mae Bank, Santander Bank, SchoolsFirst Federal Credit Union, Security Service Federal Credit Union, Service Credit Union, Simple, State Employees’ Credit Union of North Carolina, State Farm Bank, Suncoast Credit Union, SunTrust Bank, Synchrony Bank, TCF Bank, TD Bank, TIAA Bank, Union Bank, UFB Direct, USAA, U.S. Bank, Varo, Wells Fargo and Zions Bank.

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