Best Of Awards 2022

This year’s best

Our Nerds analyzed ATM access, overdraft policies, monthly fees, and more to find the best bank accounts of 2022. While some winners may be partners, this didn't influence our decisions or opinions.

Best Checking Account Overall

Discover Bank Cashback Debit

at Discover Bank, Member FDIC

at Discover Bank, Member FDIC

Monthly Fee

$0

Monthly Fee

$0

Why this Account made the list

Cashback Debit pays cash back on many debit card purchases and has over 60,000 free ATMs. There are no fees for monthly maintenance or overdrafts.

Read our methodology

Best Checking Account for High Interest

Monthly Fee

$0

APY

3.00%

With $0 minimum balance

Monthly Fee

$0

APY

3.00%

With $0 minimum balance

Why this Account made the list

Max Checking has a high APY up to a certain balance; requirements apply, but there’s no monthly fee. Credit union membership is available in nearly all states.

Read our methodology

Best Checking Account With No Monthly Fee

Monthly Fee

$0

APY

0.10%

With $0 minimum balance

Monthly Fee

$0

APY

0.10%

With $0 minimum balance

Why this Account made the list

Interest Checking charges no monthly fees and has these perks: an interest rate and no fees for low balances, overdraft or personal checks.

Read our methodology

Best Checking Account for Overdraft Fee Avoidance

Monthly Fee

$0

APY

0.10%

With $0 minimum balance

Monthly Fee

$0

APY

0.10%

With $0 minimum balance

Why this Account made the list

Ally Bank charges no overdraft fees and provides a free overdraft transfer service from savings to checking accounts.

Read our methodology

Best Bank or Credit Union for Sign-Up Bonuses

Chase Total Checking®

at Chase, Member FDIC

Monthly Fee

$12.00

Waived with direct deposit or $1,500 minimum balance

Bonus

$225

Requirements to qualify

Monthly Fee

$12.00

Waived with direct deposit or $1,500 minimum balance

Bonus

$225

Requirements to qualify

Why this Account made the list

You can earn a Chase bonus by signing up for Total Checking and receiving direct deposits; unlike many bonuses, there is no minimum balance requirement.

Read our methodology

Best Savings Account

Marcus by Goldman Sachs Online Savings Account

at Marcus by Goldman Sachs, Member FDIC

at Marcus by Goldman Sachs, Member FDIC

APY

0.50%

With $0 minimum balance

Bonus

$100

Requirements to qualify

APY

0.50%

With $0 minimum balance

Bonus

$100

Requirements to qualify

Why this Account made the list

Online Savings Account offers a top-of-the-line APY and no monthly fees or minimum deposit requirements.

Read our methodology

Best Money Market Account

APY

0.80%

With $0.01 minimum balance

APY

0.80%

With $0.01 minimum balance

Why this Account made the list

Zynlo’s MMA offers a stellar APY, no monthly fee and low minimum deposit requirements: $10 to open the account, 1 cent to start earning interest.

Read our methodology

Best Bank or Credit Union for CDs

APY

1.00%

Minimum Deposit

$500

APY

1.00%

Minimum Deposit

$500

Why this CD made the list

Marcus CDs tend to have consistently competitive rates compared to other online banks and credit unions and have a low minimum deposit of $500.

Read our methodology

Best Online Banking Experience

Discover Bank Cashback Debit

at Discover Bank, Member FDIC

at Discover Bank, Member FDIC

Monthly Fee

$0

Monthly Fee

$0

Why this Bank made the list

Discover Bank has an easy-to-use, transparent website and high user ratings for its Android and iOS apps. Cashback Debit also has rewards and no monthly fees.

Read our methodology

Best Bank or Credit Union for ATM Access

Monthly Fee

$0

APY

0.03%

With $0 minimum balance

Monthly Fee

$0

APY

0.03%

With $0 minimum balance

Why this Bank made the list

Schwab Bank has unlimited ATM fee reimbursements worldwide and no foreign transaction fees.

Read our methodology

Best Bank or Credit Union for Branch Access

Monthly Fee

$10.00

Waived with direct deposit or $500 minimum balance

Monthly Fee

$10.00

Waived with direct deposit or $500 minimum balance

Why this Bank made the list

Wells Fargo has about 4,900 bank-owned branches nationwide — more than any other U.S. financial institution.

Read our methodology

Best Checking and Savings Combo

Alliant Credit Union High-Rate Checking

at Alliant Credit Union, Federally insured by the NCUA

at Alliant Credit Union, Federally insured by the NCUA

Monthly Fee

$0

APY

0.25%

With $0 minimum balance

Monthly Fee

$0

APY

0.25%

With $0 minimum balance

Why this Account made the list

Alliant’s High-Rate Checking and High-Rate Savings accounts both have solid APYs and no monthly fees, plus access to over 80,000 free ATMs.

Read our methodology

Best Checking and Savings Combo

Alliant Credit Union High-Rate Savings

at Alliant Credit Union, Federally insured by the NCUA

at Alliant Credit Union, Federally insured by the NCUA

APY

0.55%

With $100 minimum balance

APY

0.55%

With $100 minimum balance

Why this Account made the list

High-Rate Checking and High-Rate Savings accounts both have solid APYs and no monthly fees, plus access to over 80,000 free ATMs.

Read our methodology

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