For example, Synchrony Bank offers a 1.65 % APY on its savings accounts, and Ally Bank offers a 0.10 %
APY on checking accounts with below $ 15,000, but 0.60 % APY for accounts with a balance higher than $ 15,000.
With 3.09 %
APY on checking account balances up to $ 10,000, Consumers Credit Union (CCU) offers the highest checking interest rate we've found at any depository institution.
For a while, my credit union was actually offering 5.0 %
APY on checking account balances up to $ 50,000 if you met certain (easy) requirements.
With the Aspiration Summit Account, you can earn 1.00 %
APY on your checking account balance higher than $ 2,500 and 0.25 % APY on the first $ 2,499.99 deposited.
Not exact matches
While its brick - and - mortar
accounts are fairly similar to those at Chase, the Capital One 360
account offers an
APY of at least 0.20 %
on all balances, much better than the 0.01 % you earn
on Chase's highest tier of
checking.
For example, Bank of Internet USA offers a 1.25 %
APY on its Rewards
Checking, Capital One Bank provides up to 1.00 %
APY on its 360
Checking, and Bank5 Connect gives clients a 0.76 %
APY on its High - Interest
Checking account.
While many high - yield interest
checking accounts require you to make dozens of monthly debit card purchases in order to earn any interest, Radius Hybrid earns 0.85 %
APY on deposits of at least $ 2,500.00 or more.
The main benefit of the Radius Hybrid
Checking Account is its strong interest rate: its 0.85 %
APY doesn't fall too far from the competitive interest rates you'll find
on dedicated online savings
accounts, and it's far higher than anything available at traditional brick - and - mortar banks.
On the other hand, the EverBank Yield Pledge
Checking Account comes with an impressive 1.11 % APY for the first year that a new customer holds the a
Account comes with an impressive 1.11 %
APY for the first year that a new customer holds the
accountaccount.
You won't need to meet a minimum opening deposit requirement with Ally Interest
Checking, a free online checking account that also happens to earn at least 0.10 % APY on any balanc
Checking, a free online
checking account that also happens to earn at least 0.10 % APY on any balanc
checking account that also happens to earn at least 0.10 %
APY on any balance level.
Major banks only give out around 0.01 %
APY on most interest
checking options, and the national average of 0.04 % is mostly a reflection of the high interest rates of online banks and smaller regional banks whose
account policies tend to be more generous to customers.
While there's not much difference between Bank of America and Capital One's traditional
accounts, the Capital One 360
Checking Account offers an
APY of at least 0.20 %
on all balances.
Among those, we then selected the best national and regional banks and chose the best savings and
checking accounts based
on their minimum balance requirements, annual percentage yields (
APYs), fee structures and overall ease of accessibility.
The escalating interest tiers
on Capital One's 360
Checking account mean that balances under $ 15,000 and over $ 50,000 will earn higher
APY than with Ally Interest
Checking.
However, there is only one
account offered at Simple: a
checking account that earns just 0.01 %
APY and has significant limits
on how much you can deposit.
For example, Bank of Internet USA offers a 1.25 %
APY on its Rewards
Checking, Capital One Bank provides up to 1.00 %
APY on its 360
Checking, and Bank5 Connect gives clients a 0.76 %
APY on its High - Interest
Checking account.
On the other hand, the EverBank Yield Pledge
Checking Account comes with an impressive 1.11 % APY for the first year that a new customer holds the a
Account comes with an impressive 1.11 %
APY for the first year that a new customer holds the
accountaccount.
PNC is also the only bank reviewed here that offers better rates than US Bank
on savings
accounts, with a top rate of 0.80 %
APY for PNC Premiere Money Market with a $ 50,000 balance and a PNC Performance Select
Checking Account.
Ally Bank pays 1.45 %
APY on all deposits and it's also a good option if you want an interest - bearing
checking account too.
While there's not much difference between Bank of America and Capital One's traditional
accounts, the Capital One 360
Checking Account offers an
APY of at least 0.20 %
on all balances.
Capital One 360 only pays 1.00
APY which is lower than the others mentioned
on this list, but you might like to open an online savings
account if you have a Capital One credit card or
checking account already.
Its
checking account earns up to 0.60 %
APY on balances over $ 15,000.00, while the savings
accounts yield up to 1.50 %.
The main benefit of the Radius Hybrid
Checking Account is its strong interest rate: its 0.85 %
APY doesn't fall too far from the competitive interest rates you'll find
on dedicated online savings
accounts, and it's far higher than anything available at traditional brick - and - mortar banks.
While its brick - and - mortar
accounts are fairly similar to those at Chase, the Capital One 360
account offers an
APY of at least 0.20 %
on all balances, much better than the 0.01 % you earn
on Chase's highest tier of
checking.
For $ 35 a month, Santander Premier Plus
Checking only earns 0.01 %
APY, the same earned
on accounts costing just $ 25 monthly.
While many high - yield interest
checking accounts require you to make dozens of monthly debit card purchases in order to earn any interest, Radius Hybrid earns 0.85 %
APY on deposits of at least $ 2,500.00 or more.
The escalating interest tiers
on Capital One's 360
Checking account mean that balances under $ 15,000 and over $ 50,000 will earn higher
APY than with Ally Interest
Checking.
That rate goes up to 0.50 %
APY on daily balances of $ 20,000 or more, which compares extremely well with brick - and - mortar
checking accounts in the US as a whole.
You won't need to meet a minimum opening deposit requirement with Ally Interest
Checking, a free online checking account that also happens to earn at least APY on any balanc
Checking, a free online
checking account that also happens to earn at least APY on any balanc
checking account that also happens to earn at least
APY on any balance level.
The
APY is now 2.5
on their Reward
Checking account which is better than anyone else seems to be offering.
The ability to write
checks doesn't offer enough utility to justify the higher minimums and low
APY on most money market
accounts.
I am a little partial
on the interest earned with the Capital One 360
checking account as I get 0.75 %
APY with me free credit union
account.
3 %
APY *
on a
Checking Account?!
Coulee Bank is offering 5.01 %
APY on their Rewards
Checking account.
Ally Bank offers the highest interest rate — 0.60 %
APY —
on checking accounts with a minimum daily balance of $ 15,000 and 0.10 %
APY for balances below $ 15,000, which makes it a contender for the best bank for millennials.
EverBank offers a variety of online products, including what might be the best online
checking account, which has an introductory, one - year 1.21 %
APY on all balances up to $ 250,000.
Major banks only give out around 0.01 %
APY on most interest
checking options, and the national average of 0.04 % is mostly a reflection of the high interest rates of online banks and smaller regional banks whose
account policies tend to be more generous to customers.
In addition having all those features, the Schwab Bank High Yield Investor
Checking Account offers free bill pay, standard checks and a Schwab Bank Visa Platinum debit card — on top of paying 0.15 % APY on your account b
Account offers free bill pay, standard
checks and a Schwab Bank Visa Platinum debit card —
on top of paying 0.15 %
APY on your
account b
account balance.
If you qualify for this
checking account promotion, you could also take advantage of the LNB Auburn Consumer Special 3 % APY Savings Account to earn a 2.96 % interest rate on balances up to $ 350,000, but you must be a resident of Cayuga or Onondaga County and open or have an active personal checking account with direct deposit of your full paycheck from your employer, pension, or government be
account promotion, you could also take advantage of the LNB Auburn Consumer Special 3 %
APY Savings
Account to earn a 2.96 % interest rate on balances up to $ 350,000, but you must be a resident of Cayuga or Onondaga County and open or have an active personal checking account with direct deposit of your full paycheck from your employer, pension, or government be
Account to earn a 2.96 % interest rate
on balances up to $ 350,000, but you must be a resident of Cayuga or Onondaga County and open or have an active personal
checking account with direct deposit of your full paycheck from your employer, pension, or government be
account with direct deposit of your full paycheck from your employer, pension, or government benefits.
On the downside, you'll have to have a pretty substantial balance to earn anything more than 0.20 % APY on this account, and there are competitors that offer better yields on checkin
On the downside, you'll have to have a pretty substantial balance to earn anything more than 0.20 %
APY on this account, and there are competitors that offer better yields on checkin
on this
account, and there are competitors that offer better yields
on checkin
on checking.
The free
checking account pays 0.1 percent
APY on balances of $ 500 or greater.
The Member Advantage
Checking account pays 4.07 percent
APY on the first $ 500 and 0.05 percent
APY beyond.
Lake Michigan Credit Union offers a free, unique Max
Checking account that pays 3 percent
APY interest
on balances up to $ 15,000, subject to certain monthly usage requirements: at least one direct deposit, 10 debit card purchases, four home - banking logins and receipt of electronic statements.
Overall, the
APYs on these interest bearing
checking accounts are fairly low.
For example, an
APY of 0.01 % will only yield $ 1 a year
on a
checking account with a $ 10,000 balance.
Although we consider Ally Bank to have an all - around great
checking account, compared with other banks»
checking accounts, their
APY is
on the low end.
Review: Not only does Ally Bank offer a 1.60 %
APY on its savings
account and 2.10 %
APY on its 12 - month CD, but its interest
checking has a competitive
APY that jumps
on balances of $ 15,000 or more.
This
checking account has a rate that ranges from.20 % to 1.10 %
APY based
on the size of your
account balance.
Review: First Internet Bank has a no - fee
checking account, but there's a $ 10 monthly maintenance fee
on its 0.55 %
APY interest
checking account if the balance drops below $ 500.
Why: A free
checking account and the highest 12 - month CD
APY in the top 10 Best National Banks ranking are enough to secure BBVA Compass Bank's position
on the list.