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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.

Standout Online Checking Accounts From Our Partners

Recently Updated June 13, 2022

Discover Bank Cashback Debit
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at Discover Bank, Member FDIC

Discover Bank Cashback Debit

5.0

NerdWallet rating 
Discover Bank Cashback Debit

Monthly fee

$0

APY

N/A

Bonus

N/A
Learn more

at Discover Bank, Member FDIC


Bonus

N/A

Why we like it

Discover Bank's Cashback Debit* account offers 1% cash back on up to $3,000 in qualifying debit card purchases each month, see website for details. In addition, you’ll have access to over 60,000 free ATMs. There's also no monthly maintenance fee or minimum balance. Note that Discover customers can deposit cash only at the bank's lone branch in Delaware.

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

*The company says: "ATM transactions, the purchase of money orders or other cash equivalents, cash over portions of point-of-sale transactions, peer-to-peer (P2P) payments (such as Apple Pay Cash), and loan payments or account funding made with your debit card are not eligible for cash back rewards. In addition, purchases made using third-party payment accounts (services such as Venmo® and PayPal™, which also provide P2P payments) may not be eligible for cash back rewards. Apple, the Apple logo and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries."

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Chime Checking Account
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at Chime, Deposits are FDIC Insured

Chime Checking Account

4.5

NerdWallet rating 
Chime Checking 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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Current Account
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at Current, Deposits are FDIC Insured

Current Account

4.5

NerdWallet rating 
Current Account

Monthly fee

$0

APY

N/A

Bonus

N/A
Learn more

at Current, Deposits are FDIC Insured

Alliant Credit Union High-Rate Checking
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at Alliant Credit Union, Federally insured by NCUA

Alliant Credit Union High-Rate Checking

5.0

NerdWallet rating 
Alliant Credit Union High-Rate Checking

Monthly fee

$0

APY

0.25%

With $0 min. balance for APY

Bonus

N/A
Learn more

at Alliant Credit Union, Federally insured by NCUA


Bonus

N/A

Why we like it

It’s easy to apply for Alliant membership. Just agree to support an Alliant-affiliated nonprofit if you don’t meet the other criteria, and Alliant will make a $5 donation on your behalf. Once you open an account, you’ll have access to Alliant’s services, including more than 80,000 surcharge-free ATMs, and you’ll pay minimal fees.

You’ll qualify for an annual percentage yield of 0.25% if you opt out of paper statements and have at least one electronic deposit made to your account each month, such as a direct, ATM or mobile deposit or a transfer from another financial institution.

For more details on Alliant Credit Union, read our full review.

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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

5.0

NerdWallet rating 
Marcus by Goldman Sachs Online Savings Account

APY

1.00%

With $0 min. balance for APY

at Marcus by Goldman Sachs, Member FDIC

American Express® High Yield Savings Account

4.5

NerdWallet rating 
American Express® High Yield Savings Account

APY

0.90%

With $1 min. balance for APY

at American Express National Bank, Member FDIC

Discover Bank Online Savings

5.0

NerdWallet rating 
Discover Bank Online Savings

APY

0.90%

With $0 min. balance for APY

at Discover Bank, Member FDIC

To recap our selections...

NerdWallet's Standout Online Checking Accounts