Were still forking over so many bank fees.
That doesnt even account for ATM web connection fees, monthly maintenance fees and minimum balance fees.
No need to spend hours researching, though.
We did that for you.
Plus, theyre all FDIC-insured accounts.
(Safety first!)
Each bank offers a unique perk, including interest, cash-back rewards checking and early paydays.
No Interest Til Almost 2027?
Balance Transfer = Credit Card Cheat Code
Here are our picks for the best free checking accounts.
Youll earn 0.50% annual percentage yield (APY) on any balance.
For more information on Varos features, check out our fullVaro Bank review.
SoFi also offers automatic savings tools and early paycheck access.
For more information on SoFi Checking and Savings features, check out our fullSoFi Checking and Savings review.
Chime Checking Account
Chime also has a $100 referral bonus promotion that has no expiration date.
*
For more information on Chimes banks features, check out our fullChime Bank review.
Which Banks Offer Free Checking Accounts?
Most banks offer a free checking account option now that challenger banks have shoved the market in that direction.
The best free checking accounts cut nearly all fees.
Are Free Checking Accounts Really Free?
Most customers consider a checking account free as long as it doesnt come with a monthly maintenance fee.
Thats the baseline we applied to choose the checking accounts listed above.
Most financial institutions waive this fee if you keep a minimum monthly balance.
Many banks also charge for paper statements, so sign up for electronic statements right away.
Checking accounts that are advertised as free typically come with no monthly maintenance fees.
Some free checking accounts pay interest!
Contributor Dana Miranda is a Certified Educator in Personal Finance.
She foundedHealthy Richto publish stories that illuminate the diversity of our relationships with work and money.
Contributor Tim Moore contributed to this psot.
*Chime:Chime is a financial technology company, not a bank.
Banking services and debit card provided by The Bancorp Bank, N.A.
or Stride Bank, N.A.
Credit Builder card issued by Stride Bank, N.A.
The disclosed APY is accurate as of November 17, 2022.
No minimum balance required.
Must have $0.01 in savings to earn interest.
Visit National Rates and Rate Caps to learn more.
