Best Bank Accounts of 2025

Your shortcut to the best bank accounts for you

Our Nerds researched more than 200 banking products, narrowing down to just one winner per category.

Find a top bank account — fast

Click the categories you’re interested in to see the winners.

BEST SAVINGS ACCOUNT 2025

UFB Portfolio Savings

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at UFB Direct, Member FDIC

APY

4.01%

With $0 min. balance for APY

Bonus

N/A

WHY OUR NERDS LOVE IT

UFB Direct’s savings account offers a competitive rate, and it has no monthly fees or minimum balance requirements.

Read our methodology ❯

BEST CHECKING ACCOUNT OVERALL 2025

Discover® Cashback Debit

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at Discover® Bank, Member FDIC

Monthly fee

APY

N/A

Bonus

$360

Up to $360 per year. See website for details.

WHY OUR NERDS LOVE IT

Discover® Cashback Debit has no monthly fees, minimum balance requirement or overdraft fees. The account gives customers a strong cash back rate on debit card spending and access to tens of thousands of free ATMs nationwide.

Read our methodology ❯

BEST ONLINE BANKING EXPERIENCE 2025

Discover® Online Savings

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at Discover® Bank, Member FDIC

APY

3.60%

With $0 min. balance for APY

Bonus

$200

Requirements to qualify

WHY OUR NERDS LOVE IT

Discover Bank’s strong checking and savings offerings are matched by its user-friendly online banking experience. It’s easy to find rates and information on the site, and the bank’s mobile apps get high user ratings.

Read our methodology ❯

BEST BANK 2025

Ally Bank Savings Account

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APY

3.60%

With $0 min. balance for APY

Bonus

N/A

WHY OUR NERDS LOVE IT

Ally Bank has strong rates and no monthly fees across its checking and savings accounts. The bank has one of the best overdraft programs on the market along with an excellent website and mobile apps.

Read our methodology ❯

BEST BANK OR CREDIT UNION FOR CDS 2025

Ally Bank

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Minimum deposit

Member FDIC

APY

3.85%

WHY OUR NERDS LOVE IT

Ally has competitive rates and a variety of terms and types of certificates of deposit, including no-penalty and bump-up CDs. There are no minimum opening requirements.

Read our methodology ❯

BEST CREDIT UNION 2025

Alliant Credit Union High-Rate Savings

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APY

3.10%

With $100 min. balance for APY

Bonus

N/A

WHY OUR NERDS LOVE IT

Alliant Credit Union offers top-notch rates and does not charge monthly fees. The credit union is open to everyone and offers good customer service, including a website that is clear and easy to navigate.

Read our methodology ❯

BEST BANK OR CREDIT UNION FOR BRANCH ACCESS 2025

Chase Total Checking®

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at Chase, Member FDIC

Monthly fee

$12.00

Waived with direct deposit or $1,500 minimum balance

APY

N/A

Bonus

$300

Requirements to qualify

WHY OUR NERDS LOVE IT

Chase can be found in dozens of states. With thousands of locations, the bank offers the most branches of any financial institution in the country.

Read our methodology ❯

BEST MONEY MARKET ACCOUNT 2025

Vio Bank Cornerstone Money Market Savings Account

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APY

4.36%

With $0.01 min. balance for APY

Bonus

N/A

WHY OUR NERDS LOVE IT

Vio Bank’s money market account offers savers an attractive APY. It also has no monthly fees.

Read our methodology ❯

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Frequently asked questions

NerdWallet's award winners are chosen through a rigorous evaluation process involving 44 writers and editors. NerdWallet's ratings formulas for credit cards, for example, consider the type of card being reviewed (such as cash back, travel, or balance transfer) and the card's rates, fees, rewards, and other features. For mortgages, we evaluate loan average rates and fees, loan types and products, online rate information, ease of application and other factors. For more info, see our methodologies.

Our team of nerdy experts is composed of writers and editors — based all across the country — who have a combined 546 years of journalistic experience reviewing and writing about personal finance products for consumers.

Yes. Writers and editors use comprehensive scoring formulas that assess each financial product’s key features, weighting them according to their importance to consumers.

Nope. Editorial team members are solely responsible for creating all product reviews and ratings, and these assessments reflect their opinions alone. Only products that meet the editorial team’s standards appear in our Best-Of Awards lists, meaning no company can “buy” an award.

Our Best-Of Awards are given annually to the top financial products on the market. Our other “best” articles may:

• be longer than our Best-Of Awards list
• offer additional consumer choices
• get updated as products change or are discontinued and as new products emerge

This year's Best-Of-Awards list winners were chosen in mid-October 2024.

Frequently asked questions

Yes. Writers and editors use comprehensive scoring formulas that assess each financial product’s key features, weighting them according to their importance to consumers.