Whatever the reason,locationlikely played a big part.
Heres how to choose the right checking account for you.
Best Checking Accounts for May 2025
Is it Time to Change Checking Accounts?
- Theres no impact on your credit score for signing up and no minimum balance requirements ever.
Tap your card for cash back.
Checking account deposits are FDIC-insured up to the maximum amount allowed by law.
Does your bank do all that?
*SeeDeposit Account Agreementfor details on transaction eligibility, limitations, and terms.
For a full run down of fees and services, check out our completeDiscover Bank review.
There are no account fees, no monthly fees, and no overdraft fees.
- And your money is FDIC insured (up to $2M through the SoFi Insured Deposit Program).
Ready to grow your money faster?
Its quick and easy toopen an account with SoFi Checking and Savings(member FDIC).
*
*See full terms and disclosures in our fine print section and atsofi.com/banking.
Are you tired of paying through the ear to keep your money in the bank?
Even better… what if you could earn a $250 bonus when you sign up?
*
*Terms apply.Visit Capital One 360for details.
If youre 62 or older, the fee is automatically waived.
Waiving fees on Performance Spend and Performance Select is also possible, if you meet specific criteria.
The app does everything you would expect an online bank app to do in terms of personal finance.
Transfer money between PNC checking and savings accounts or even external bank
accounts.
Use Online Bill Pay to track and schedule bill payments.
Android users can also utilize PNC Pay to pay with their mobile devices.
All rates and Annual Percentage Yields (APYs) are accurate as of 7/31/2024.
Rates and APYs may vary and may change after account opening.
Fees could reduce earnings.
To determine if these rates have changed, call 1-888-PNC BANK.
Rates on variable rate accounts may change after account opening.
Interest rates, APYs and other terms may vary in other PNC Bank markets.
See your account agreement and fee schedule for more information.
Other limits may apply to your account.
Chase Total Checking Account
This Chase account has other fees.
Plus, help keep your money protected with features like Zero Liability Protection, fraud monitoring and card lock.
This offer expires 7/16/25.
Keep your account open for at least six months, or youll lose the bonus at closing.
Chase Total Checking includes FDIC insurance up to the maximum amount allowed by law.
For a full rundown of fees and services, check out our completeChase Bank review.
Its also easy to use.
you might handle everything online or in the app, which means no trips to the bank.
And knowing your money is FDIC-insured gives you one less thing to stress about.
For accounts with more than $25,000 youll see a .25% APY.
For accounts under $25,000, youll earn .10% APY.
So, even though this online bank account is flexible, it isnt ideal for international travelers.
For a full run down of fees and services, check out our completereview.
For a full run down of fees and services, check out our completeChime review.
What Is a Checking Account?
A checking account is a place to store money at a bank, credit union or other financial institution.
Checking accounts usually distribute paper checks and a debit card to members as well.
A checking plan serves as the primary hub for your money.
Maintaining a savings account is a smart personal finance decision.
No Interest Til Almost 2027?
Balance Transfer = Credit Card Cheat Code
Picking a bank accountis a personal choice.
What makes checking accounts good depends largely on your financial situation and goals.
Checking accounts come in a lot of varieties these days, each with different features and benefits.
But we can tell you a few things that make certain checking accounts worth opening.
You just need to figure out which kind will work best for you.
Did you know?
you’re free to also mix and match.
For instance, you might go for anonlinechecking account and alocal credit unionfor a savings account.
Consider fees, from initial to ongoing, as well to confirm the account doesnt end up costing you.
Here, were answering some of the most popular questions about checking accounts.
A checking account is where you hold money at a bank, credit union or other financial institution.
You typically use this account to pay for everyday expenses or bills.
They dont normally accrue interest.
Youll likely also need to supply contact information and possibly an opening deposit.
The best bank to open an account will depend on your needs.
The best free checking account will vary based on your wants and needs in a banking account.
Bonus: look for a free checking account that also offers a new-user bonus.
Right now, Chime, Varo and Axos are overall solid free options for checking.
Shop around and look for a checking account thats best for you.
Wells Fargo and Chase each offer online checking accounts, among other banking products.
But they also have monthly fees, too.
Chase often offers significant new-user sign-on bonuses as well.
), rewards (do you earn anything for banking with them?
), accessibility (what are the requirements to open and keep your account open?)
and mobility (does the bank charge foreign transaction fees?).
Bonus points if they give out a… bonus, too, for being a new account holder.
The interest earned on checking accounts is considered taxable income.
You file this paperwork along with your yearly taxes.
She owns a content-writing business and her work has appeared in U.S. News, Clark.com and Well Kept Wallet.
Chime disclosure:*Chime is a financial technology company, not a bank.
Banking services provided by, and debit card issued by, Bancorp Bank or Stride Bank, N.A.
you’re able to only receive one new checking account-related bonus per calendar year.
Bonus is considered interest and will be reported on IRS Form 1099-INT.
ET (8 p.m. PT) to make a deposit or transfer.
Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts.
Surcharge Fees from the ATM owner/connection still apply.
Surcharge Fees from the ATM owner/connection still apply.
It sounds appealing right?
Check it out here!
