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Standout Online Checking Accounts

To get the most from your checking account, you need low fees, good customer support and free ATMs nearby. If you earn interest on your cash, even better.
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Compare standout checking accounts from our partners below.
NerdWallet rating 

5.0

/5
SoFi Checking and Savings
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at SoFi Bank, N.A., Member FDIC

Monthly fee

$0

APY

0.50%

With $0 min. balance for APY

Bonus

$300

NerdWallet rating 

5.0

/5
nbkc bank Everything Account
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at nbkc bank, Member FDIC

Monthly fee

$0

APY

1.75%

With $0 min. balance for APY

NerdWallet rating 

5.0

/5
Axos Bank® Rewards Checking
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at Axos Bank®, Member FDIC

Monthly fee

$0

APY

3.30%

With $0 min. balance for APY

Bonus

$500

NerdWallet rating 

5.0

/5
Discover® Cashback Debit
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at Discover® Bank, Member FDIC

Monthly fee

$0

Bonus

$360

Requirements to qualify

NerdWallet rating 

4.5

/5
BMO Smart Advantage Checking
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at BMO Bank N.A., Member FDIC

Monthly fee

$0

Bonus

$350

Requirements to qualify

What is a checking account used for?

A checking account is an all-purpose place to keep money for short- to medium-term financial needs. Your employer can directly deposit your paychecks in the account, you can link it to payment apps such as Venmo and PayPal, you can make wire transfers and mobile check deposits, you can pay bills from it and more. A checking account is a building block to manage your money and make financial tasks easier.

How to choose a checking account

Look for low or no fees and a low or no minimum balance.

The best checking accounts don’t charge fees or require high minimum balances.

Check for a broad ATM network.

If you anticipate that you’ll need to deposit and withdraw cash regularly, look for an account at an institution that has a network of ATMs that you can access.

See if the account has an interest rate.

Most checking accounts offer low or no interest, but you may find an account that offers a good rate.

Look for sign-up bonuses.

Some providers will give you money for opening an account with them. You shouldn’t pick an account based solely on a promotion, but it could help you decide between two comparable options. Keep in mind that bonuses are taxable and that you may need to meet certain requirements to qualify for a bonus.

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Savings accounts are another smart way to grow your money

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  • Competitive rates on savings account and CDs.
  • No monthly fees.
  • 24/7 customer service by phone.
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    at Goldman Sachs Bank USA

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  • $0 monthly fee.
  • Competitive rates on savings accounts
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    at American Express National Bank