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Standout Online Checking Accounts

There are a lot of checking accounts out there. So many, in fact, it can be overwhelming to weed through all the options — good and bad — and then confidently choose one. Social scientists call this “information overload”. We call it inconvenient.

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. Compare standout checking accounts from our partners below.

Chime Spending Account
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at Chime, Deposits are FDIC Insured

Chime Spending Account

4.5

NerdWallet rating 
Chime Spending Account

Monthly Fee

$0

APY

N/A

Bonus

N/A
Learn more

at Chime, Deposits are FDIC Insured


Bonus

N/A

Why we like it

Chime is a mobile checking account that has no minimum balance requirements or overdraft fees, and you have access to more than 38,000 fee-free MoneyPass and Visa Plus Alliance ATMs. There are also no monthly fees, though cash withdrawal and third-party fees may apply. Through Chime’s early direct deposit service, customers can get their paychecks up to two days earlier than if they cashed their checks at a bank, though early access to direct deposit funds depends on payer.

This account works best for people who don’t write many checks or make cash deposits. If you need to write a check, Chime has an online feature that creates and mails one on your behalf. For cash deposits, you’ll need to use a third-party service.

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Radius Rewards Checking
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at Radius, Member FDIC

Radius Rewards Checking

5.0

NerdWallet rating 
Radius Rewards Checking

Monthly Fee

$0

APY

0.10%

With $2,500 minimum balance

Bonus

N/A
Learn more

at Radius, Member FDIC


Bonus

N/A

Why we like it

The new Rewards Checking, launched in September 2019, combines the features of two previous accounts, Hybrid and Rewards Checking. You can earn 1% cash back on signature-based purchases in stores and online (at store checkouts, you select “credit” instead of “debit”). If your balance hits $2,500, a 0.10% annual percentage yield kicks in. If you have $100,000 or more, the rate becomes 0.15% APY.

Radius has only one full-service branch, in Boston, so you’ll have to be comfortable banking online.

For more details on Radius Bank, read our full review.

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Bank of America Advantage Plus Banking®
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at Bank of America, N.A., Member FDIC

Bank of America Advantage Plus Banking®

3.5

NerdWallet rating 
Bank of America Advantage Plus Banking®

Monthly Fee

$12.00

Waived with direct deposit of $250 or more or $1,500 daily minimum balance each statement cycle

APY

N/A

Bonus

$100

See offer page for more details

Learn more

at Bank of America, N.A., Member FDIC


Bonus

$100

See offer page for more details

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Capital One MONEY: Teen Checking Account
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at Capital One, Member FDIC

Capital One MONEY: Teen Checking Account

4.5

NerdWallet rating 
Capital One MONEY: Teen Checking Account

Monthly Fee

$0

APY

0.10%

With $0 minimum balance

Bonus

N/A
Learn more

at Capital One, Member FDIC


Bonus

N/A

Why we like it

Capital One 360’s MONEY account comes with a 0.10% APY. The bank has over 40,000 free ATMs as part of the Capital One and Allpoint ATM networks.

The MONEY account offers a teen debit card and mobile app with the ability to deposit checks. There are no monthly fees or minimum deposits, and teens and parents can sign up for text alerts and emails. The online-only account makes it easy for parents and their teenagers to track spending habits and work toward savings goals.

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Why online checking accounts dominate the list

Some important factors for virtually every bank-shopper are monthly fees, ATM access and interest rates (since they have the biggest impact on your bottom line). And, as it happens, online banks typically offer higher interest rates.

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People often identify opening a savings account as their next money move.

Marcus by Goldman Sachs Online Savings Account

4.5

NerdWallet rating 
Marcus by Goldman Sachs Online Savings Account

APY

0.50%

With $0 minimum balance

Bonus

N/A

at Marcus by Goldman Sachs, Member FDIC

Discover Bank Online Savings

4.5

NerdWallet rating 
Discover Bank Online Savings

APY

0.40%

With $0 minimum balance

Bonus

N/A

at Discover Bank, Member FDIC

To recap our selections...

NerdWallet's Standout Online Checking Accounts