what bank can i open a checking account online

Opening an account online has never been easier. Simply snap a photo of your ID for an easy, secure, and speedy application process. Checking accounts that make depositing, sending, paying and monitoring your Please enter your ZIP code so we can make sure the product information you. We value creating relationships. View our personal checking accounts to find an account that fits your needs and start your banking relationship today!

What bank can i open a checking account online -

1Webster Premier Checking: Minimum opening deposit of $500 is required. You can avoid a $21.95 monthly maintenance fee by keeping $20,000 in combined monthly average checking, money market, and savings balances or $50,000 by adding CDs, home equity, and installment loan balances (excludes mortgages, refinanced student loans and savings secured loans) as of the end of your statement period; and monthly average investment balances (excluding the last day of the month). Fees may reduce earnings. Premier Checking is a tiered rate product. The tiers are $0 to $2,499.99, $2,500 to $9,999.99, $10,000 to $24,999.99, $25,000 to $49,999.99, and $50,000 and over. The APY (Annual Percentage Yield) for Premier Checking as of 06/01/2021 is 0.01% for balances of $0.01 to $49,999.99 and 0.01% for balances $50,000.00 and over, and is subject to change at any time. Tax reporting may apply. Product features are subject to change at any time.

Premier Checking ATM Benefits: Webster will not charge any fees for checking withdrawals at non-Webster ATMs. If you are charged a fee by another bank for checking withdrawals at its ATM, we will rebate the fee.

2Webster Value Checking: Minimum opening deposit of $50 is required. You can avoid the $11.95 monthly service fee when you meet ONE of the following during your monthly statement cycle: a) maintain a monthly average balance of at least $1,000; b) are age 65 or older and have at least one direct deposit; OR c) have cumulative direct deposits of $500 or more each month. Delivery of statements electronically is free; those accounts not enrolled in Statement eDelivery will receive a $2 monthly paper statement fee. This fee is waived for account holders age 65 and older or 18 and younger.

3WebsterOne® Relationship Checking: Minimum opening deposit of $50 is required. You can avoid a $16.95 (or $14.95 with direct deposit) monthly maintenance fee by keeping $4,000 in combined average checking, money market and savings balances during your monthly statement period or $20,000 adding CD, home equity and installment loan balances (excludes mortgages, refinanced student loans and savings secured loans) as of the end of your statement period. Rates and fees may vary by state and region; fees may reduce earnings. The APY (Annual Percentage Yield) for WebsterOne Relationship Checking is subject to change at any time.

4Webster Student Checking: Minimum opening deposit of $50 is required. No monthly service charge for 5 years after opening or switching to this account. After 5 years, it will convert to Webster Value Checking. A valid student ID is required; if it is not provided within 60 days of account opening account will convert to Webster Value Checking. You must be at least 18 years old to open an individual checking account at Webster. A student at least 15 years old may open a joint Student Checking account with another individual who is at least 18 years old. Each joint owner has full control over the account and is responsible for the activity of the other owner, including the activity of a minor who is a joint owner. See your Deposit Account Disclosures for more details on Joint Ownership Accounts.

Student Checking ATM Benefits: Per statement cycle, Webster will not charge for up to 4 ATM fees associated with using non-Webster ATMs. If you are charged a fee by another bank for using its ATM, we will rebate 1 fee per statement cycle. Product features are subject to change at any time. Insufficient Available Funds Fees: 1 fee will be rebated per academic year (September to August).

5Opportunity Checking: Minimum opening deposit of $50 is required. The monthly service charge will be $16.95 (or $11.95 with direct deposit). Visa debit card purchases using the "credit" option are limited to $250 per calendar day. Other miscellaneous fees may apply. Delivery of statements electronically is free; those accounts not enrolled in Statement eDelivery will receive a $2 monthly paper statement fee. This fee is waived for account holders age 65 and older or 18 and younger.

*Special Loan Discounts – Automatic Loan Payment Offer: Customers with any personal Webster checking account are eligible to receive an automatic payment rate discount on Home Equity Loans and Lines, Mortgages and Personal Loans. To receive the rate discount, an automatic payment deduction (ACH) is required from your Webster Bank personal checking account. This discount does not apply to Government Assisted Mortgages. Mortgages over $1,000,000 are not eligible for the discount.

All loans and lines are subject to the credit approval process. Product features, APY and/or offers are subject to change without notice and may be withdrawn at any time. Rates and fees may vary by state and region. Other restrictions may apply. Cannot be combined with any other offers from Webster or its affiliates. See a banker for details. Tax reporting may apply. Other miscellaneous fees may apply and reduce earnings.

**Delivery of statements electronically is free; accounts not enrolled in paperless statements will receive a $2 monthly paper statement fee. This fee is waived for account holders 8 and younger or 65+.

Источник: https://public.websteronline.com/personal/bank/checking

UMB Checking Accounts – Open An Account Online Today

 UMB Select Checking®1UMB Value Checking®1UMB Free Checking1

Is it right for you?

The perfect checking account to manage broader financial needs through preferred rates and discounts.A checking account option with additional features to fuel financial growth.A checking account to help you manage your everyday finances.Minimum Opening Deposit$1,000$100$10Check FeaturesNo fee for Exclusive checks or 50% discount on non-Exclusive checks ordered through UMB’s preferred check vendor230% discount on non-Exclusive checks ordered through UMB’s preferred check vendor2Monthly Service Fee$20$8No fee

Monthly Service Fee Waiver Options

Ways to Waive Monthly Service Fee (Must satisfy one of these conditions each monthly service charge cycle)
  • $5,000 average collected balance in this account
  • $10,000 in combined deposit balances
  • $25,000 in combined deposit and loan balances
  • $1,500 average collected balance in this account
  • $3,000 in combined deposit balances
  • A single direct deposit of $250 or more
N/A Cashier's Checks Included Money Orders Included Special Loan Rates and Loan Fee Discounts3 Interest Paid on Balance  Paper StatementsIncludedIncludedIncludedUMB ATM WithdrawalsNo feeNo feeNo feeNon-UMB ATM Withdrawals4No UMB fee3 with no UMB fee; $2 each thereafter$2 eachOnline RatesView Rates
Источник: https://www.umb.com/personal-banking/checking-accounts/!ut/p/z0/04_Sj9CPykssy0xPLMnMz0vMAfIjo8zijT1NDTwMDYwCDPyNzAwCQ83dDDyNjY29Pcz1C7IdFQFff7hG/

Open A Checking Account

Opening an account online has never been easier. Simply snap a photo of your ID for an easy, secure, and speedy application process.

All Checking Accounts Include:

Nationwide ATM Access with Allpoint

Never worry about ATM fees with automatic ATM surcharge rebates.4

Banking On The Go

Transfer, deposit, and send money with Zelle® anytime with mobile banking.5

Debit Mastercard®

Shop securely with chip enabled cards and earn uChoose rewards points.6

Fraud Protection

Stay protected with fraud monitoring and mobile card management.7

Choose The Perfect Account For You

No matter which account you choose, you can count on helpful features and the support of a local bank that works hard for you. 

Why Choose Fremont Bank?

At Fremont Bank, full service banking meets exceptional experiences. Get the personal service you deserve from a local community bank that cares.

  • Dollars stay local 
  • Access to decision makers
  • Customized financial solutions 

Learn More

Источник: https://www.fremontbank.com/personal/checking/open-an-account

Best Online Checking Accounts of 2021

Benefits of Online Checking Accounts

Overall, choosing online banking, versus a bank with local or national branches, can deliver both positives and negatives:

  • Open online or with an app—no branch visit required
  • Many options with no monthly fees 
  • Select the features that matter most to you, regardless of your location
  • Potential interest earnings and rewards that often beat national bank chains
  • Extended customer service hours, at some banks

Drawbacks of Online Checking Accounts

  • Potential outages and technical glitches (typically temporary)
  • No in-person guidance or problem resolution
  • Need to wait for mail transit when ordering official checks and money orders
  • Cash deposits may be difficult or impossible
  • Need to verify that you’re working with a legitimate institution

How Should You Choose an Account?

Your checking account is one of the financial accounts you’ll use most often, so it’s crucial to get the features you need. Look at how you spend and save money, and evaluate your current checking account to identify the things you like best (and least).

Fees

It doesn’t make sense to pay monthly fees in an online checking account. There are too many options with no monthly maintenance charges or easy-to-reach fee waivers. Also, consider how you use your account: Do you order official checks or overdraw your account occasionally? If so, look for banks and credit unions that can help you minimize costs as you use your account.

Customer Service

Choose a bank that can make your life easy. Every bank can make mistakes, but it’s best to avoid banks when the bad customer reviews outweigh the good ones. Plus, life occasionally brings surprises that require help from bank personnel. Review your options for customer service, such as live chat, secure messaging, and phone support. How easy is it to contact somebody, and is customer service available at times that are convenient for you?

Features

Decide what’s most important in your next checking account, and verify that you can get what you need.

  • ATM access: If you get cash or use ATMs regularly, research the ATM network to see if you can bank fee-free. Alternatively, look for banks with an ATM rebate schedule that prevents you from losing money to ATM fees each month.
  • Interest earnings:Some online checking accounts pay interest on your balance. While that’s always nice, it probably shouldn’t be the primary factor in your decision. You can shift idle cash to a savings account to maximize your earnings, and doing so helps you avoid the temptation to spend all your cash.
  • Rewards:Some people get enthusiastic about rewards, and, all other things being equal, it might make sense to choose a bank with rewards. But some rewards won’t make a substantial difference in your financial health ($360 per year from Discover isn’t going to make or break you). Other rewards, such as high interest rates, may require you to meet substantial hurdles—like using your debit card a minimum number of times each month.
  • Other features: Most checking accounts allow you to deposit checks with a mobile device, but it’s critical to verify this if you ever receive checks. Likewise, you might decide that it’s important to have the ability to lock your debit card or use text messaging for quick account updates. Compare these details to find your ideal online bank after you narrow your list of candidates.

Additional Bank Offerings

As you compare checking accounts, take note of other offerings available at each bank. It might make life easy to have your checking account, savings account, and CDs at the same bank. That’s certainly not a requirement—it’s pretty easy to transfer funds from bank to bank online—but one-stop shopping helps minimize passwords and recordkeeping.

How We Chose the Best Accounts

We started with a universe of over 150 online checking accounts available to customers nationwide. From there, we focused on the best offerings. Low fees (or a somewhat attainable fee waiver) are a must, and we favored banks that are most likely to make your day-to-day banking experience satisfying. 

Because a checking account is primarily an account used to make payments (as opposed to a high-yield account), interest paid on your balance is not a primary factor—except in those categories that focus on earnings. Instead, we selected banks that make it easy to pay bills, make purchases online and in person, and manage your account online.

Ultimately, the goal of this list is to highlight high-quality offerings that don’t include “gotchas” like surprise fees or teasers that deliver less than they promise.

Источник: https://www.thebalance.com/best-online-checking-accounts-4158695

Best no-fee checking accounts of November 2021

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.

Checking accounts are an essential financial tool, but they can also be expensive. Many major banks charge account maintenance fees that can cost you up to $15 a month.

Sometimes, if you meet certain requirements, such as maintaining a minimum balance and/or setting up direct deposit, your bank will waive the monthly fee. However, there are a number of good no-fee options that don't come with a bunch of rules attached.

Select analyzed and compared dozens of checking accounts offered by online and brick-and-mortar banks and credit unions that charge zero monthly maintenance fees.

When ranking the best no-fee checking accounts, we focused on the following criteria:

  • No monthly maintenance fee
  • No minimum balance requirement
  • Low initial deposit of $0 to $50
  • Available nationwide
  • Physical branch locations and/or online accessibility
  • Large ATM network
  • FDIC or NCUA insured up to $250,000

Accounts on our list had to meet all of the requirements above to be considered one of the best. In addition, all checking accounts mentioned below provide access to thousands of free ATMs and offer mobile check deposits. (See our methodology for more information on how we choose the best checking accounts.)

Best no-fee checking accounts

Best overall: Capital One 360 Checking Account

Capital One 360 Checking®

Information about the Capital One 360 Checking® Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Capital One is a Member FDIC.
  • Monthly maintenance fee

    $0

  • Minimum deposit to open

    $0

  • Minimum balance

    None

  • Annual Percentage Yield (APY)

    0.10%

  • Free ATM network

    70,000+ Capital One®, MoneyPass and Allpoint® ATMs

  • ATM fee reimbursement

    None

  • Overdraft fee

    $35 if you opt-in to Next Day Grace

  • Mobile check deposit

    Yes

See our methodology, terms apply.

Pros

  • Top-rated mobile app
  • No minimum deposit to open an account
  • 0.10% APY on all account balances
  • No foreign transaction fees
  • Free savings transfer for overdrafts after opt-in

Cons

  • No reimbursement for out-of-network ATM fees
  • $35 overdraft fee if you opt-in to Next Day Grace

Who's this for? The Capital One 360 Checking Account takes the number-one spot on our list thanks in part to its top-rated mobile app, physical bank locations and an above-average APY. Plus, this account ranks number four on J.D. Power's 2019 U.S. National Banking Satisfaction Study, which ranks bank customer experience across various factors, including deposit accounts and convenience. Capital One receives strong satisfaction scores for mobile banking and checking accounts.

There's no minimum to open a Capital One 360 Checking Account, and you can earn 0.10% APY on all balances, which is higher than the national average of 0.04%.

If you overdraw your account, Capital One offers the ability to opt-in to Next Day Grace, which allows the bank to authorize transactions that exceed the balance in your account. You'll have until the end of the next business day to make your balance positive, or you'll incur a $35 fee.  If you don't opt-in, Capital One will either auto-decline transactions that exceed your checking account balance (at no fee) or transfer available funds from a linked savings account,depending on the option you choose. Any bounced paper checks will incur a $9 fee, regardless of overdraft coverage.

For account holders who prefer to bank in-person, Capital one has 450 branch locations and is a better choice than online-only checking accounts. Plus there are currently 41 Capital One Cafes that provide a place to bank, work, grab a cup of coffee and get advice from a certified money coach. Currently, many Cafes are closed due to the coronavirus pandemic, but Capital One is in the process of re-opening select locations.

There are no foreign transaction fees, so you can use your debit card outside the U.S. without incurring any extra costs.

Runner-up: Ally Interest Checking Account

Ally Interest Checking Account

Information about the Ally Interest Checking Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Ally is a Member FDIC.
  • Monthly maintenance fee

    $0

  • Minimum deposit to open

    $0

  • Minimum balance

    None

  • Annual Percentage Yield (APY)

    0.10% less than $15,000 minimum daily balance; 0.25% over $15,000 minimum daily balance

  • Free ATM network

    43,000+ Allpoint® ATMs

  • ATM fee reimbursement

    Up to $10 per statement cycle

  • Overdraft fee

    $0

  • Mobile check deposit

    Yes

See our methodology, terms apply.

Pros

  • Top-rated mobile app
  • No minimum deposit to open an account
  • ATM fee reimbursement up to $10 per statement cycle
  • 0.10% or 0.25% APY, depending on daily account balance
  • $0 overdraft fee

Cons

  • Online-only bank (no brick-and-mortar locations)
  • $15,000 minimum daily balance required for 0.25% APY

Who's this for? If branch-based locations aren't a must, consider the online-only Ally Interest Checking Account. This account ranks slightly behind Capital One due to its lack of physical locations. Otherwise, it's quite similar with no minimum to open and a well-reviewed mobile app.

Ally Bank account holders have access to over 43,000 fee-free Allpoint ATMs, but even then you may want to use an ATM from a different provider. What sets Ally apart is that you can be reimbursed up to $10 per statement cycle for fees charged at out-of-network ATMs nationwide. You don't need to meet any requirements to benefit from this perk.

Account holders also earn a higher-than-average APY. You can earn more depending on how much you have in your account:

  • 0.10% APY on minimum daily balances less than $15,000
  • 0.25% APY on minimum daily balances over $15,000

While the Ally Interest Checking Account offers a higher interest rate on balances over $15,000, you're better off putting that money in a high-yield savings account. The Ally Online Savings Account, which is on Select's list of the best high-yield savings accounts, currently offers a 1.00% APY on all balances, which is double the checking account's APY.

Best for rewards: Discover Cashback Debit Account

Discover Cashback Debit Account

Information about the Discover Cashback Debit Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Discover is a Member FDIC.
  • Monthly maintenance fee

    $0

  • Minimum deposit to open

    $0

  • Minimum balance

    None

  • Rewards

    1% cash back on up to $3,000 in debit card purchases each month

  • Free ATM network

    60,000+ Allpoint® and MoneyPass® ATMs

  • ATM fee reimbursement

    None

  • Overdraft fee

    $0

  • Mobile check deposit

    Yes

See our methodology, terms apply.

Pros

  • Top-rated mobile app
  • No minimum deposit to open an account
  • 1% cash back on up to $3,000 in debit card purchases each month
  • Opt-in to free overdraft protection
  • No overdraft fees

Cons

  • No reimbursement for out-of-network ATM fees

Who's this for? If you want a debit card that acts similar to a credit card, the Discover Cashback Debit Account has you covered. This checking account provides customers with 1% cash back on up to $3,000 in debit card purchases each month. That's up to $30 cash back per month and $360 annually.

While 1% is lower than the cash-back rate you'd receive with one of the best credit cards, it's great for debit cards, which typically don't offer rewards programs. Account holders have the ability to redeem cash back as a deposit into a Discover checking, savings or money market account or transfer it to their Discover credit card. 

Since Discover is an online bank, there are no physical locations. However, Discover provides 100% U.S.-based customer service representatives that are available 24/7 and access to over 60,000 fee-free Allpoint and MoneyPass ATMs.

There is no minimum deposit required to open this account, and overdraft protection is free (which is hard to find).

Best for out-of-network ATMs: Alliant Credit Union High-Rate Checking Account

Alliant Credit Union High-Rate Checking

Information about the Alliant Credit Union High-Rate Checking Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Alliant Credit Union is a Member NCUA.
  • Monthly maintenance fee

    $0

  • Minimum deposit to open

    $0

  • Minimum balance

    None

  • Annual Percentage Yield (APY)

    0.25% with paperless and recurring monthly electronic deposit

  • Free ATM network

    80,000+ Alliant network ATMs

  • ATM fee reimbursement

    Up to $20 per month

  • Overdraft fee

    $25

  • Mobile check deposit

    Yes

See our methodology, terms apply.

Pros

  • Top-rated mobile app
  • No minimum deposit to open an account
  • ATM fee reimbursement up to $20 per month
  • 0.25% APY

Cons

  • $25 overdraft fee
  • Must opt-in to paperless statements and have a recurring monthly electronic deposit to earn APY

Who's this for? Consumers who find it hard to stick to in-network ATMs should opt for a checking account that reimburses the fees you may incur. The Alliant Credit Union High-Rate Checking Account provides you with up to $20 per month in ATM fee rebates if you use out-of-network ATMs.

This is one of the highest monthly reimbursements and can save you up to $240 in ATM fees each year. There are no requirements to benefit from this perk.

Beyond ATM fee rebates, the Alliant Credit Union High-Rate Checking Account offers 0.25% APY, and you don't have to deposit any money to open an account. In order to earn interest, you must opt-in to paperless statements and have a recurring monthly electronic deposit (such as direct deposit, payroll deposit, ATM deposit, mobile check deposit or transfer from another financial institution).

Alliant is primarily an online-only institution with one location in Illinois. Since it's a credit union, you have to be a member to open a checking account. The easiest way to become a member is by supporting Alliant's partner charity, Foster Care to Success. However, you don't need to pay the charity directly since Alliant pays $5 on your behalf when you apply to join the credit union.

Beyond no-fee checking, Alliant offers an industry-leading cash-back credit card: the Alliant Cashback Visa® Signature Credit Card. This is a great cash-back card with 2.5% cash back on all purchases (up to $250 in cash-back rewards per billing cycle).

Best for students: Chase College Checking℠ Account

Chase College Checking℠

Information about the Chase College Checking℠ Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Chase is a Member FDIC.
  • Monthly maintenance fee

    $6, with options to waive, including being a college student 17 to 24

  • Minimum deposit to open

    $0

  • Minimum balance

    $5,000 average beginning day balance unless you're a student 17 to 24

  • Annual Percentage Yield (APY)

    None

  • Free ATM network

    16,000 Chase ATMs

  • ATM fee reimbursement

    None

  • Overdraft fee

    $34

  • Mobile check deposit

    Yes

See our methodology, terms apply.

Pros

  • Top-rated mobile app
  • No minimum deposit to open an account
  • New account holders can earn a $100 bonus
  • No. 2 on J.D. Power's 2019 U.S. National Banking Satisfaction Study

Cons

  • $34 overdraft fee
  • No APY
  • No reimbursement for out-of-network ATM fees

Who's this for? The Chase College Checking℠ Account provides zero monthly service fees for up to five years for college students 17 to 24 who show proof of student status at account opening.

After the five-year period, the monthly fee is $6, which is waived if you make one direct deposit each month or maintain an average beginning day balance of at least $5,000.

Beyond no service fees for students, this Chase account is known for offering new account holder bonuses. Currently, new Chase College Checking℠ account customers can receive $100 after completing 10 qualifying transactions within 60 days of account opening. Offer expires April 8, 2021.

There's no deposit required to open this account, and you'll also pay no monthly maintenance fee on a Chase Savings℠ account linked to this account for overdraft protection.

Chase has 16,000 fee-free ATMs and nearly 4,900 branches across the U.S. Plus Chase ranks number two on J.D. Power's 2019 U.S. National Banking Satisfaction Study for providing innovative technology and high satisfaction with ATMs, plus the lowest incidence of problems.

Common checking account fees

Before you choose a checking account, familiarize yourself with common checking account fees. Here are seven common fees you may incur:

  • Monthly maintenance fee: The monthly service fee, often up to $15, that banks or credit unions charge to maintain your account.
  • Overdraft fee: If you spend more than the amount in your account, resulting in a negative balance, you may be hit with a steep overdraft fee up to $35.
  • Non-sufficient funds (NSF) fee: If you write a check and it bounces because there isn't enough money in your bank account, you'll likely incur a NSF fee.
  • ATM fee: When you use ATMs that aren't affiliated with your bank or credit union, you may be hit with two fees: one from your bank/credit union and another from the ATM operator.Banks/credit unions charge around $1.63 while ATM operators charge roughly $3.09.
  • Paper statement fee: If you don't enroll in paperless, you may pay up to $5 per statement.
  • Foreign transaction fee: If you use your debit card to make purchases or withdraw money from an ATM outside of the U.S., you'll often incur a fee that's often 3% of the U.S. dollar amount of the transaction.
  • Account closure fee: If you close your account within 90 to 180 days of opening it, you may incur an account closure fee around $25.

Our methodology

To determine which checking accounts provide the best place to deposit your money at no monthly cost, Select analyzed dozens of U.S. checking accounts offered by online and brick-and-mortar banks, including major credit unions. We narrowed down our rankings by only considering checking accounts that charge no monthly maintenance fees (and no catches to benefit from zero monthly fees).

While the accounts we chose in this article consistently have no monthly maintenance fees, we also compared each checking account on a range of features, including:

  • No minimum balance requirement
  • Low initial deposit of $0 to $50
  • Available nationwide
  • Physical branch locations and/or online accessibility
  • Large ATM network
  • Ease of use and account accessibility
  • Customer reviews, when available

All of the accounts included on this list are Federal Deposit Insurance Corporation (FDIC) or National Credit Union Administration (NCUA) insured up to $250,000. This insurance protects and reimburses you up to your balance and the legal limit in the event your bank or credit union fails.

The rates and fee structures for checking accounts are subject to change without notice and they often fluctuate in accordance with the prime rate.

Your earnings depend on any associated fees and the balance you have in your checking account. To open an account, some banks and institutions may require a deposit of new money, meaning you can't transfer money you already had in an account at that bank. However, the five accounts listed above currently don't require any deposit during account opening.

Information about the Alliant Cashback Visa® Signature Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
Источник: https://www.cnbc.com/select/best-no-fee-checking-accounts/

10 Best Free Checking Accounts In November 2021

Free Checking Accounts

Today we're checking out the best free checking accounts for consumers.

Depending on where you bank, what you do, or what you're comfortable with, there is likely a free checking account that will work for you. 

Too many people fall for the myth that banking is expensive and that the only options for a checking account involve fees, or maintaining outrageously high balances to keep the fees waived.

But today, we're fighting this myth.

We're going to show you our favorite options depending on your situation, as well as a full round-up of free checking account options that might work for you.

Note: Most of these banks require a credit score of 600 or higher to open a free checking account online. If you don't have a great score, or don't have a solid banking history, check out this list of second-chance checking accounts.

Bonus Offer: Right now, Axos Bank is offering a $100 new account bonus if you open an account by November 30, 2021 and complete qualifying activities. Open an account here >>

Our Selections Of The Checking Account Options

We break down the best free bank account and checking account options below. This list includes mostly online checking options, but you may also find banks near you with free checking (or even credit unions). However, we find that most people prefer the convenience of solid online banking.

Note: The checking offers that appear on this site are from companies from which The College Investor receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The College Investor does not include all banking companies or all checking offers available in the marketplace.

1. Axos Rewards Checking

Axos Bank calls themselves America's most experienced digital bank. And their Rewards checking account hits every feature you'd expect from a top notch online bank.

Rewards Checking has no minimum balance requirements, no monthly fees, and no overdraft or insufficient fund fees. Plus, they offer unlimited domestic ATM reimbursements! 

Axos Bank does require that you have good banking history to get approved.

What's great about this account is that it's monthly fee-free, but also pays interest. You can earn up to 1.00% APY right now!

Bonus Offer: Plus, right now, you can get a $100 bonus when you open an new account by November 30, 2021 and have at least $1,500 in direct deposits within the first 60 days. Use the promo code HOLIDAYS when you open a new account.

Read our full Axos Bank review here. 

Why I Like It: A great free checking account with the ability to earn a high APY. 

Learn more about Axos Rewards Checking here.

Axos Rewards Checking

Min Opening Deposit

$0

Min Balance Requirement

$0

Monthly Fee

$0

Earns Interest

Up to 1.00% APY

ATM Access

Unlimited via ATM fee reimbursement

Availability

Nationwide

Promotions

$100 Bonus

2. Chase Total Checking®

The Chase Total Checking® isn't truly free unless you meet the minimum monthly requirements to make it so, but we list it as our favorite checking account because it's available nationwide online, has branches nearly everywhere, and is one of the most robust banking products out there currently. Plus, the minimum requirements are super easy to meet - check it out.

And right now, you can get up to a $225 bonus when you open a new account and setup direct deposit! That's awesome!

Chase Total Checking® has a $12 per month fee that's easily waived if you simply do ONE of the following:

  • Keep a minimum daily balance of $1,500 or more in your account
  • Have monthly direct deposits totaling $500 or more into your account
  • Keep an average daily balance of $5,000 across qualifying Chase accounts

Read our full Chase Bank review here.

Why I Like It: A great account opening bonus, with one of the largest, most well known banks in the United States.

Learn more about Chase Total Checking® here.

Chase Total Checking®

Min Opening Deposit

$0

Min Balance Requirement

$0

Monthly Fee

$12 * (waived when requirements met)

Earns Interest

No

ATM Access

16,000 ATMs Nationwide

Availability

Online Nationwide, except HI, AK, and PR

Promotions

$225 Bonus

Chase Logo

3. Discover Cashback Debit

Discover offers the Cashback Debit Checking Account. This checking account allows you to earn up to 1% cash back on up to $3,000 in debit card purchases every month. 

Plus, this account has no fees or minimum balance requirements!

They are very mobile friendly, have access to over 60,000 free ATMs, and even have no-fee check ordering. Read our full Discover bank review here.

Why I Like It: Cashback debit on a free checking account.

Learn more about Discover Cashback Debit here.

Discover Cashback Debit Account

Min Opening Deposit

$0

Min Balance Requirement

$0

Monthly Fee

$0

Rewards

1% cashback on up to $3,000 in purchases per month

ATM Access

60,000 Free ATMs

Availability

Nationwide

Promotions

None

Discover Bank Logo

4. Current

Current is a leading mobile banking app that has been endorsed by a huge range of personaliities, including YouTuber Mr. Beast. It makes banking convenient and easy - it's that simple.

Current offers both a free and premium version - but the free product is solid checking account that you should consider. It offers no minimum balance requirements, no overdraft fees, fee-free ATM withdrawals at over 40,000 ATMs, and 1x points for cash back!

You can upgrade to premium if you want even more perks.

Check out our Current Review here. 

Why I Like It: Free mobile banking.

Learn more about Current Free Checking here. 

Current Free Checking

Min Opening Deposit

$0

Min Balance Requirement

$0

Monthly Fee

$0

Earns Interest

 0% APY

ATM Access

40,000 Fee-Free ATMs nationwide

Availability

Nationwide

Promotions

None

Current Logo 2021

5. Chime Free Checking

Chime was one of the original free mobile banking apps that revolutionized mobile banking. They started with a mobile-first mindset, and also wanted to keep fees as low as possible.

As such, they have a top notching free checking account if you're okay with a mobile only platform. Chime has no physical locations, and all of their banking is done online - in the app. 

Check out our Chime Review here. 

Why I Like It: Free mobile banking.

Learn more about Chime Free Checking here

Chime Free Checking

Min Opening Deposit

$0

Min Balance Requirement

$0

Monthly Fee

$0

Earns Interest

0.50% APY

ATM Access

38,000 ATMs nationwide

Availability

Nationwide

Promotions

None

Chime

6. GO2bank

GO2bank is a mobile bank that is working to take mobile banking to the next level. What we love about GO2bank is that they are really helping people access banking who may have never had a bank account before. GO2bank was created by Green Dot Corp, which many people may already be familiar with.

This account has a $5 monthly fee, but it's easily waived if you receive an eligible direct deposit payment during the previous monthly statement period.

Plus, the perks are amazing. You can currently earn 1.00% APY (Annual Percentage Yield) on up to $5,000 in your savings account, paid quarterly¹. You can also earn up to 7% cash back when you purchase eGift Cards from the nearly 100 popular merchants in the GO2bank mobile app as well as 3% cash back on Amazon eGift Cards bought in the app².

Plus, they offer up to $200 in overdraft protection with opt-in and eligible direct deposit³.

Read our full GO2bank review here.

Why I Like It: A savings account that earns interest combined with a deposit account that has amazing overdraft protection.

Learn more about GO2bank here.

GO2bank

Min Opening Deposit

$0

Min Balance Requirement

$0

Monthly Fee

$5 (waived with qualifying direct deposit)

Earns Interest

1.00% APY on first $5,000

ATM Access

19,000 Fee-Free ATMs

Availability

Online Nationwide

Promotions

None

Источник: https://thecollegeinvestor.com/19778/free-checking-accounts/

Free Checking Account

Bonus Offer

Offer is valid on new accounts only. To qualify, company must spend $3,000 within the first three months of account opening to receive the bonus. 10,000 bonus points will be credited within 60 days of qualification under the description: Commercial Spend Bonus.

Earning Points

Base Rewards Tier: Earns (i) one (1) point for each dollar you spend for net retail purchases (gross retail purchases less any returns or credits), (ii) three (3) points for each dollar you spend for net retail purchases in the follow rewards category: gas stations (2 additional points on top of the 1 point per dollar earned on net retail purchases), (iii) two (2) points for each dollar you spend for net retail purchases in the following rewards categories: restaurants and travel (airlines, auto rental, and lodging) (1 additional point on top of the 1 point per dollar earned on net retail purchases).

Rewards Categories: Merchants who accept Visa credit cards are assigned a merchant code, which is determined by the merchant or its processor in accordance with Visa procedures based on the kinds of products and services they primarily sell. We group similar merchant codes into categories for purposes of making reward offers to you. We make every effort to include all relevant merchant codes in our rewards categories. However, even though a merchant or some of the items that it sells may appear to fit within a rewards category, the merchant may not have a merchant code in that category. When this occurs, purchases with that merchant won't qualify for rewards offers on purchases in that category.

Businesses may earn up to 10,000 points per calendar month, excluding bonus points. Points earned are available for redemption for a 3 year term. Points expiring during the year will be cleared from the Program Account on the last day of the month in which they expire.

Rewards Redemption

Businesses in the Base Rewards Tier may redeem points for (i) cash back to a First Citizens checking or savings account or credit card statement credits, (ii) credit towards a First Citizens personal loan or mortgage principal, (iii) Pay Me Back statement credits, (iv) travel rewards, including airline tickets, hotel, car rentals, cruises and tours, (v) retail gift cards and certificates and (vi) merchandise and (vii) donations.

These Terms are only a summary. Other restrictions and requirements apply. The full First Citizens Rewards® Program Rules will be provided upon enrollment and are accessible via the program website at FirstCitizensRewards.com at log in.

Program Rules are subject to change or cancellation without notice.

Источник: https://www.firstcitizens.com/personal/checking/free

UMB Checking Accounts – Open An Account Online Today

 UMB Select Checking®1UMB Value Checking®1UMB Free Checking1

Is it right for you?

The perfect checking account to manage broader financial needs through preferred rates and discounts.A checking account option with additional features to fuel financial growth.A checking account to help you manage your everyday finances.Minimum Opening Deposit$1,000$100$10Check FeaturesNo fee for Exclusive checks or 50% discount on non-Exclusive checks ordered through UMB’s preferred check vendor230% discount on non-Exclusive checks ordered through UMB’s preferred check vendor2Monthly Service Fee$20$8No fee

Monthly Service Fee Waiver Options

Ways to Waive Monthly Service Fee (Must satisfy one of these conditions each monthly service charge cycle)
  • $5,000 average collected balance in this account
  • $10,000 in combined deposit balances
  • $25,000 in combined deposit and loan balances
  • $1,500 average collected balance in this account
  • $3,000 in combined deposit balances
  • A single direct deposit of $250 or more
N/A Cashier's Checks Included Money Orders Included Special Loan Rates and Loan Fee Discounts3 Interest Paid on Balance  Paper StatementsIncludedIncludedIncludedUMB ATM WithdrawalsNo feeNo feeNo feeNon-UMB ATM Withdrawals4No UMB fee3 with no UMB fee; $2 each thereafter$2 eachOnline RatesView Rates
Источник: https://www.umb.com/personal-banking/checking-accounts/!ut/p/z0/04_Sj9CPykssy0xPLMnMz0vMAfIjo8zijT1NDTwMDYwCDPyNzAwCQ83dDDyNjY29Pcz1C7IdFQFff7hG/

1Webster Premier Checking: Minimum opening deposit of $500 is required. You can avoid a $21.95 monthly maintenance fee by keeping $20,000 in combined monthly average checking, money market, and savings balances or $50,000 by adding CDs, home equity, and installment loan balances (excludes mortgages, refinanced student loans and savings secured loans) as of the end of your statement period; and monthly average investment balances (excluding the last day of the month). Fees may reduce earnings. Premier Checking is a tiered rate product. The tiers are $0 to $2,499.99, $2,500 to $9,999.99, $10,000 to $24,999.99, $25,000 to $49,999.99, and $50,000 and over. The APY (Annual Percentage Yield) for Premier Checking as of 06/01/2021 is 0.01% for balances what bank can i open a checking account online $0.01 to $49,999.99 and 0.01% for balances $50,000.00 and over, and is subject to change at any time. Tax reporting may apply. Product features are subject to change at what bank can i open a checking account online time.

Premier Checking ATM Benefits: Webster will not charge any fees for checking withdrawals at non-Webster ATMs. If you are charged a fee by another bank for checking withdrawals at its ATM, we will rebate the fee.

2Webster Value Checking: Minimum opening deposit of $50 is required. You can avoid the $11.95 monthly service fee when you meet ONE of the following during your monthly statement cycle: a) maintain a monthly average balance of at least $1,000; b) are age 65 or older and have at least one direct deposit; OR c) have cumulative direct deposits of $500 or more each month. Delivery of statements electronically is free; those accounts not enrolled in Statement eDelivery will receive a $2 monthly paper statement fee. This fee is waived for account holders age 65 and older or 18 and younger.

3WebsterOne® Relationship Checking: Minimum opening deposit of $50 is required. You can avoid a $16.95 (or $14.95 with direct deposit) monthly maintenance fee by keeping $4,000 in combined average checking, money market and savings balances during your monthly statement period or $20,000 adding CD, home equity and installment loan balances (excludes mortgages, refinanced student loans and savings secured loans) as of the end of your statement period. Rates and fees may vary by state and region; fees may reduce earnings. The APY (Annual Percentage Yield) for WebsterOne Relationship Checking is subject to change at any time.

4Webster Student Checking: Minimum opening deposit of $50 is required. No monthly service charge for 5 years after opening or switching to this account. After 5 years, it will convert to Webster Value Checking. A valid student ID is required; if it is not provided within 60 days of account opening account will convert to Webster Value Checking. You must be at least 18 years old to open an individual checking account at Webster. A what bank can i open a checking account online at least 15 years old may open a joint Student Checking account with another individual who is at least 18 years old. Each joint owner has full control over the account and is responsible for the activity of the other owner, including the activity of what bank can i open a checking account online minor who is a joint owner. See your Deposit Account Disclosures for more details on Joint Ownership Accounts.

Student Checking ATM Benefits: Per statement maria arias instagram jose fernandez, Webster will not charge for up to 4 ATM fees associated with using non-Webster ATMs. If you are charged a fee by another bank for using its ATM, we will rebate 1 fee per statement cycle. Product features are subject to change at any time. Insufficient Available Funds Fees: 1 fee will be rebated per academic year (September to August).

5Opportunity Checking: Minimum opening deposit of $50 is required. The monthly service charge will be $16.95 (or $11.95 with direct deposit). Visa debit card purchases using the "credit" option are limited to $250 per calendar day. Other miscellaneous fees may apply. Delivery of statements electronically is free; those accounts not enrolled in Statement eDelivery will receive a $2 monthly paper statement fee. This fee is waived for account holders age 65 and older or 18 and younger.

*Special Loan Discounts – Automatic Loan Payment Offer: Customers with any personal Webster checking account are eligible to receive an automatic payment rate discount on Home Equity Loans and Lines, Mortgages and Personal Loans. To receive the rate discount, an automatic payment deduction (ACH) is required from your Webster Bank personal checking account. This discount does not apply to Government Assisted Mortgages. Mortgages over $1,000,000 are not eligible for the discount.

All loans and lines are subject to the credit approval process. Product features, APY and/or offers are subject to change without notice and may be withdrawn at any time. Rates and fees may vary by state and region. Other restrictions may apply. Cannot be combined with any other offers from Webster or its affiliates. See a banker for details. Tax reporting may apply. Other miscellaneous fees may apply and reduce earnings.

**Delivery of statements electronically is free; accounts not enrolled in paperless statements will receive a $2 monthly paper statement fee. This fee is waived for account holders 8 and younger or 65+.

Источник: https://public.websteronline.com/personal/bank/checking

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I can actually say I am excited about using DCU, I’m looking forward to the convenience, what bank can i open a checking account online savings, the new opportunity to improve my life and the life of my family.

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An account that delivers what it promises

This account is a great way to have a checking product that comes with no hassle, no unnecessary fees, and all the great service from DCU.

Dee – Sterling, MA

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Источник: https://www.dcu.org/bank/checking.html

Best Online Checking Accounts of 2021

Benefits of Online Checking Accounts

Overall, choosing online banking, versus a bank with local or national branches, can deliver both positives and negatives:

  • Open online or with an app—no branch visit required
  • Many options with no monthly fees 
  • Select the features that matter most to you, regardless of your location
  • Potential interest earnings and rewards that often beat national bank chains
  • Extended customer service hours, at some banks

Drawbacks of Online Checking Accounts

  • Potential outages and technical glitches (typically temporary)
  • No in-person guidance or problem resolution
  • Need to wait for mail transit when ordering official checks and money orders
  • Cash deposits may be difficult or impossible
  • Need to verify that you’re working with a legitimate institution

How Should You Choose an Account?

Your checking account is one of the financial accounts you’ll use most often, so it’s crucial to get the features you need. Look at how you spend and save money, and evaluate your current checking account to identify the things you like best (and least).

Fees

It doesn’t make sense to pay monthly fees in an online checking account. There are too many options with no monthly maintenance charges or easy-to-reach fee waivers. Also, consider how you use your account: Do you order official checks or overdraw your account occasionally? If so, look for banks and credit unions that can help you minimize costs as you use your account.

Customer Service

Choose a bank that can make your life easy. Every bank can make mistakes, but it’s best to avoid banks when the bad customer reviews outweigh the good ones. Plus, life occasionally brings surprises that require help from bank personnel. Review your options for customer service, such as live chat, secure messaging, and phone support. How easy is it to contact somebody, and is customer service available at times that are convenient for you?

Features

Decide what’s most important in your next checking account, and verify that you can get what you need.

  • ATM access: If you get cash or use ATMs regularly, research the ATM network to see if you can bank fee-free. Alternatively, look for banks with an ATM rebate schedule that prevents you from losing money to ATM fees each month.
  • Interest earnings:Some online checking accounts pay interest on your balance. While that’s always nice, it probably shouldn’t be the primary factor in your decision. You can shift idle cash to a savings account to maximize your earnings, and doing so helps you avoid the temptation to spend all your cash.
  • Rewards:Some people get enthusiastic about rewards, and, all other things being equal, it might make sense to choose a what bank can i open a checking account online with rewards. But some rewards won’t make a substantial difference in your financial health ($360 per year from Discover isn’t going to make or break you). Other rewards, such as high interest rates, may require you to meet substantial hurdles—like using your debit card a minimum number of times each month.
  • Other features: Most checking accounts allow you to deposit checks with a mobile device, but it’s critical to verify this if you ever receive checks. Likewise, you might decide that it’s important to have the ability to lock your debit card or use text messaging for quick account updates. Compare these details is capital one mobile app down find your ideal online bank after you narrow your list of candidates.

Additional Bank Offerings

As you compare checking accounts, take note of other offerings available at each bank. It might make life easy to have your checking account, savings account, and CDs at the same bank. That’s certainly not a requirement—it’s pretty easy to transfer funds from bank to bank online—but one-stop shopping helps minimize passwords and recordkeeping.

How We Chose the Best Accounts

We started with a universe of over 150 online checking accounts available to customers nationwide. Login usaa credit card there, we focused on the best offerings. Low fees (or a somewhat attainable fee waiver) are a must, and we favored banks that are most likely to make your day-to-day banking experience satisfying. 

Because a checking account is primarily an account used to make payments (as opposed to a high-yield account), interest paid on your balance is not a primary factor—except in those categories that focus on earnings. Instead, we selected banks that make it easy to pay bills, make purchases online and in person, and manage your account online.

Ultimately, the goal of this list is to highlight high-quality offerings that don’t include “gotchas” like surprise fees or teasers that deliver less than they promise.

Источник: https://www.thebalance.com/best-online-checking-accounts-4158695

Best no-fee checking accounts of November 2021

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.

Checking accounts are an essential financial tool, but they can also be expensive. Many major banks charge account maintenance fees that can cost you up to what bank can i open a checking account online a month.

Sometimes, if you meet certain requirements, such as maintaining a minimum balance and/or setting up direct deposit, your bank will waive the monthly fee. However, there are a number of good no-fee options that don't come with a bunch of rules attached.

Select analyzed and compared dozens of checking accounts offered by online and brick-and-mortar banks and credit unions that charge zero monthly maintenance fees.

When ranking the best no-fee checking accounts, we focused on the following criteria:

  • No monthly maintenance fee
  • No minimum balance requirement
  • Low initial deposit of $0 to $50
  • Available nationwide
  • Physical branch locations and/or online accessibility
  • Large ATM network
  • FDIC or NCUA insured up to $250,000

Accounts on our list had to meet all of the requirements above to be considered one of the best. In addition, all checking accounts mentioned below provide access to thousands of free ATMs and offer mobile check deposits. (See our methodology for more information on how we choose the best checking accounts.)

Best no-fee checking accounts

Best overall: Capital One 360 Checking Account

Capital One 360 Checking®

Information about the Capital One 360 Checking® Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Capital One is a Member FDIC.
  • Monthly maintenance fee

    $0

  • Minimum deposit to open

    $0

  • Minimum balance

    None

  • Annual Percentage Yield (APY)

    0.10%

  • Free ATM network

    70,000+ Capital One®, MoneyPass and Allpoint® ATMs

  • ATM fee reimbursement

    None

  • Overdraft fee

    $35 if you opt-in to Next Day Grace

  • Mobile check deposit

    Yes

See our methodology, terms apply.

Pros

  • Top-rated mobile app
  • No minimum deposit to open an account
  • 0.10% APY on all account balances
  • No foreign transaction fees
  • Free savings transfer for overdrafts after opt-in

Cons

  • No reimbursement for out-of-network ATM fees
  • $35 overdraft fee if you opt-in to Next Day Grace

Who's this for? The Capital One 360 Checking Account takes the number-one spot on our list thanks in part to its top-rated mobile app, physical bank locations and an above-average APY. Plus, this account ranks number four on J.D. Power's 2019 U.S. National Banking Satisfaction Study, which ranks bank customer experience across various factors, including deposit accounts and convenience. Capital One receives strong satisfaction scores for mobile banking and checking accounts.

There's no minimum to open a Capital One 360 Checking Account, and you can earn 0.10% APY on all balances, which is higher than the national average of 0.04%.

If you overdraw your account, Capital One offers the ability to opt-in to Next Day Grace, which allows the bank to authorize transactions that exceed the balance in your account. You'll have until the end of the next business day to make your balance positive, or you'll incur a $35 fee.  If you don't opt-in, Capital One will either auto-decline transactions that exceed your checking account balance (at no fee) or transfer available funds from a linked savings account,depending on the option you choose. Any bounced paper checks will incur a $9 fee, regardless of overdraft coverage.

For account holders who prefer to bank in-person, Capital one has 450 branch locations and is a better choice than online-only checking accounts. Plus there are currently 41 Capital One Cafes that provide a place to bank, work, grab a cup of coffee and get advice from a certified money coach. Currently, many Cafes are closed due to the coronavirus pandemic, but Capital One is in the process of re-opening select locations.

There are no foreign transaction fees, so you can use your debit card outside the U.S. without incurring any extra costs.

Runner-up: Ally Interest Checking Account

Ally Interest Checking Account

Information about the Ally Interest Checking Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Ally is a Member FDIC.
  • Monthly maintenance fee

    $0

  • Minimum deposit to open

    $0

  • Minimum balance

    None

  • Annual Percentage Yield (APY)

    0.10% less than $15,000 minimum daily balance; 0.25% over $15,000 minimum daily balance

  • Free ATM network

    43,000+ Allpoint® ATMs

  • ATM fee reimbursement

    Up to $10 per statement cycle

  • Overdraft fee

    $0

  • Mobile check deposit

    Yes

See our methodology, terms apply.

Pros

  • Top-rated mobile app
  • No minimum deposit to open an account
  • ATM fee reimbursement up to $10 per statement cycle
  • 0.10% or 0.25% APY, depending on daily account balance
  • $0 overdraft fee

Cons

  • Online-only bank (no brick-and-mortar locations)
  • $15,000 minimum daily balance required for 0.25% APY

Who's this for? If branch-based locations aren't a must, consider the online-only Ally Interest Checking Account. This account ranks slightly behind Capital One due to its lack of physical locations. Otherwise, it's quite similar with no minimum to open and a well-reviewed mobile app.

Ally Bank account holders have access to over 43,000 fee-free Allpoint ATMs, but even then you may want to use an ATM from a different provider. What sets Ally apart is that you can be reimbursed up to $10 per statement cycle for fees charged at out-of-network ATMs nationwide. You don't need to meet any requirements to benefit from this perk.

Account holders also earn a higher-than-average APY. You can earn more depending on how much you have in your account:

  • 0.10% APY on minimum daily balances less than $15,000
  • 0.25% APY on minimum daily balances over $15,000

While the Ally Interest Checking Account offers a higher interest rate on balances over $15,000, you're better off putting that money in a high-yield savings account. The Ally Online Savings Account, which is on Select's list of the best high-yield savings accounts, currently offers a 1.00% APY on all balances, which is double the checking account's APY.

Best for rewards: Discover Cashback Debit Account

Discover Cashback Debit Account

Information about the Discover Cashback Debit Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Discover is a Member FDIC.
  • Monthly maintenance fee

    $0

  • Minimum deposit to open

    $0

  • Minimum balance

    None

  • Rewards

    1% cash back on up to $3,000 in debit card purchases each month

  • Free ATM network

    60,000+ Allpoint® and MoneyPass® ATMs

  • ATM fee reimbursement

    None

  • Overdraft fee

    $0

  • Mobile check deposit

    Yes

See our methodology, terms apply.

Pros

  • Top-rated mobile app
  • No minimum deposit to open an account
  • 1% cash back on up to $3,000 in debit card purchases each month
  • Opt-in to free overdraft protection
  • No overdraft fees

Cons

  • No reimbursement for out-of-network ATM fees

Who's this for? If you want a debit card that acts similar to a credit card, the Discover Cashback Debit Account has you covered. This webster bank bridgeport ct hours account provides customers with 1% cash back on up to $3,000 in debit card purchases each month. That's up to $30 cash back per month and $360 annually.

While 1% is lower than the cash-back rate you'd receive with one of the best credit cards, it's great for debit cards, which typically don't offer rewards programs. Account holders have the ability to redeem cash back as a deposit into a Discover checking, savings or money market account or transfer it to their Discover credit card. 

Since Discover is an online bank, there are no physical locations. However, Discover provides 100% U.S.-based customer service representatives that are available 24/7 and access to over 60,000 fee-free Allpoint and MoneyPass ATMs.

There is no minimum deposit required to open this account, and overdraft protection is free (which is hard to find).

Best for out-of-network ATMs: Alliant Credit Union High-Rate Checking Account

Alliant Credit Union High-Rate Checking

Information about the Alliant Credit Union High-Rate Checking Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Alliant Credit Union is a Member NCUA.
  • Monthly maintenance fee

    $0

  • Minimum deposit to open

    $0

  • Minimum balance

    None

  • Annual Percentage Yield (APY)

    0.25% with paperless and recurring monthly electronic deposit

  • Free ATM network

    80,000+ Alliant network ATMs

  • ATM fee reimbursement

    Up to $20 per month

  • Overdraft fee

    $25

  • Mobile check deposit

    Yes

See our methodology, terms apply.

Pros

  • Top-rated mobile app
  • No minimum deposit to open an account
  • ATM fee reimbursement up to $20 per month
  • 0.25% APY

Cons

  • $25 overdraft fee
  • Must opt-in to paperless statements and have a recurring monthly electronic deposit to earn APY

Who's this for? Consumers who find it hard to stick to in-network ATMs should opt for a checking account that reimburses the fees you may incur. The Alliant Credit Union High-Rate Checking Account provides you with up to $20 per month in ATM fee rebates if you use out-of-network ATMs.

This is one of the highest monthly reimbursements and can save you up to $240 in ATM fees each year. There are no requirements to benefit from this perk.

Beyond ATM fee rebates, the Alliant Credit Union High-Rate Checking Account offers 0.25% APY, and you don't have to deposit any money to open what bank can i open a checking account online account. In order to earn interest, you must opt-in to paperless statements and have a recurring monthly electronic deposit (such as direct deposit, payroll deposit, ATM deposit, mobile check deposit or transfer from another financial institution).

Alliant is primarily an online-only institution with one location in Illinois. Since it's a credit union, you have to be a member to open a checking account. The easiest way to become a member is by supporting Alliant's partner charity, Foster Care to Success. However, you don't need to pay the charity directly since Alliant pays $5 on your behalf when you apply to join the credit union.

Beyond no-fee checking, Alliant offers an industry-leading cash-back credit card: the Alliant Cashback Visa® Signature Credit Card. This is a great cash-back card with 2.5% cash back on all purchases (up to $250 in cash-back rewards per billing cycle).

Best for students: Chase College Checking℠ Account

Chase College Checking℠

Information about the Chase College Checking℠ Account has been collected independently by CNBC and has not been reviewed or provided by the bank prior to publication. Chase is a Member FDIC.
  • Monthly maintenance fee

    $6, with options to waive, including being a college student 17 to 24

  • Minimum deposit to open

    $0

  • Minimum balance

    $5,000 average beginning day balance unless you're a student 17 to 24

  • Annual Percentage Yield (APY)

    None

  • Free ATM network

    16,000 Chase ATMs

  • ATM fee reimbursement

    None

  • Overdraft fee

    $34

  • Mobile check deposit

    Yes

See our methodology, terms apply.

Pros

  • Top-rated mobile app
  • No minimum deposit to open an account
  • New account holders can earn a $100 bonus
  • No. 2 on J.D. Power's 2019 U.S. National Banking Satisfaction Study

Cons

  • $34 overdraft fee
  • No APY
  • No reimbursement for out-of-network ATM fees

Who's this for? The Chase College Checking℠ Account provides zero monthly service fees for up to five years for college students 17 to 24 who show proof of student status at account opening.

After the five-year period, the monthly fee is $6, which is waived if you make one direct deposit each month or maintain an average beginning day balance of at least $5,000.

Beyond no service fees for students, this Chase account is known for offering new account holder bonuses. Currently, new Chase College Checking℠ account customers can receive $100 after completing 10 qualifying transactions within 60 days of account opening. Offer expires April 8, 2021.

There's no deposit required to open this account, and you'll also pay no the friendship state bank indiana maintenance fee on a Chase Savings℠ account linked to this account for overdraft protection.

Chase has 16,000 fee-free ATMs and nearly 4,900 branches across the U.S. Plus Chase ranks number two on J.D. Power's 2019 U.S. National Banking Satisfaction Study for providing innovative technology and high satisfaction with ATMs, plus the lowest incidence of problems.

Common checking account fees

Before you choose a checking account, familiarize yourself with common checking account fees. Here are seven common fees you may incur:

  • Monthly maintenance fee: The monthly service fee, often up to $15, that banks or credit unions charge to maintain your account.
  • Overdraft fee: If you spend more than the amount in your account, resulting in a negative balance, you may be hit with a steep overdraft fee up to $35.
  • Non-sufficient funds (NSF) fee: If you write a check and it bounces because there isn't enough money in your bank account, you'll likely incur a NSF fee.
  • ATM fee: When you use ATMs that aren't affiliated with your bank or credit union, you may be hit with two fees: one from your bank/credit union and another from bank of hawaii kaimuki branch hours ATM operator.Banks/credit unions charge around $1.63 while ATM operators charge roughly $3.09.
  • Paper statement fee: If you don't enroll in paperless, you may pay up to $5 per statement.
  • Foreign transaction fee: If you use your debit card to make purchases or withdraw money from an ATM outside of the U.S., you'll often incur a fee that's often 3% of the U.S. dollar amount of the transaction.
  • Account closure fee: If you close your account within 90 to 180 days of opening it, you may incur an account closure fee around $25.

Our methodology

To determine which checking accounts provide the best place to deposit your money at no monthly cost, Select analyzed dozens of U.S. checking accounts offered by online and brick-and-mortar banks, including major credit unions. We narrowed down our rankings by only considering checking accounts that charge no monthly maintenance fees (and no catches to benefit from zero monthly fees).

While the accounts we chose in this article consistently have no monthly maintenance fees, we also compared each checking account on a range of features, including:

  • No minimum balance requirement
  • Low initial deposit of $0 to $50
  • Available nationwide
  • Physical branch locations and/or online accessibility
  • Large ATM network
  • Ease of use and account accessibility
  • Customer reviews, when available

All of the accounts included on this list are Federal Deposit Insurance Corporation (FDIC) or National Credit Union Administration (NCUA) insured up to $250,000. This insurance protects and reimburses most active stocks today usa up to your balance and the legal limit in the event your bank or credit union fails.

The rates and fee structures for checking accounts are subject to change without notice and they often fluctuate in accordance with the prime rate.

Your earnings depend on any associated fees and the balance you have in your checking account. To open an account, some banks and institutions may require a deposit of new money, meaning you can't transfer money you already had in an account at that bank. However, the five accounts listed above currently don't require any deposit during account opening.

Information about the Alliant Cashback Visa® Signature Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
Источник: https://www.cnbc.com/select/best-no-fee-checking-accounts/

Free Checking Account

Bonus Offer

Offer is valid on new accounts only. To qualify, company must spend $3,000 within the first three months of account opening to receive the bonus. 10,000 bonus points will be credited within 60 days of qualification under the description: Commercial Spend Bonus.

Earning Points

Base Rewards Tier: Earns (i) one (1) point for each dollar you spend for net retail purchases (gross retail purchases less any returns or credits), (ii) three (3) points for each dollar you spend for net retail purchases in the follow rewards category: gas stations (2 additional points on top of the 1 point per dollar earned on net retail purchases), (iii) two (2) points for each dollar you spend for net retail purchases in the following rewards categories: restaurants and travel (airlines, auto rental, and lodging) (1 additional point on top of the 1 point per dollar earned on net retail purchases).

Rewards Categories: Merchants who accept Visa credit cards are assigned a merchant code, which is determined by the merchant or its processor in accordance with Visa procedures based on the kinds of products and services they primarily sell. We group similar merchant codes into categories for purposes hotels in bangor maine with indoor pool making reward offers to you. We make every effort to include denali state bank fairbanks ak relevant merchant codes in our rewards categories. However, even though a merchant or some of the items that it sells may appear to fit within a rewards category, the merchant may not have a merchant code in that category. When this occurs, purchases with that merchant won't qualify for rewards offers on purchases in that category.

Businesses may earn up to 10,000 points per calendar month, excluding bonus points. Points earned are available for redemption for a 3 year term. Points expiring during the year will be cleared from the Program Account on the last day of the month in which they expire.

Rewards Redemption

Businesses in the Base Rewards Tier may redeem points for (i) cash back to a First Citizens checking or savings account or credit card statement credits, (ii) credit towards a First Citizens personal loan or mortgage principal, (iii) Pay Me Back statement credits, (iv) travel rewards, including airline tickets, hotel, car rentals, cruises and tours, (v) retail gift cards and certificates and (vi) merchandise and (vii) donations.

These Terms are only a summary. Other restrictions and requirements apply. The full First Citizens Rewards® Program Rules will be provided upon enrollment and are accessible via the program website at FirstCitizensRewards.com at log in.

Program Rules are subject to change or cancellation without notice.

Источник: https://www.firstcitizens.com/personal/checking/free

2 Replies to “What bank can i open a checking account online”

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