A checking account is a basic financial tool that allows users to safely make purchases, pay bills, withdraw cash and deposit funds. But maintaining one can be expensive: In 2024, Americans paid ...

To attract new customers, many banks often offer sign-up bonuses. For checking accounts, making a minimum deposit or setting up direct deposit can mean a bonus of at least $100. We compared dozens of ...

With more than 15 years of experience crafting content about all aspects of personal finance, Michael Benninger knows how to identify smart moves for your money. His work has been published by Intuit, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over ...

Capital One’s checking account earns interest and has no minimum balance. Monthly fee: None. Special features: The checking rate is 0.10% APY for any balance. Other pros: 360 Checking account holders ...

CIT’s Platinum Savings account pays 3.75% APY on balances of $5,000 or more. If your balance dips below $5,000, it earns a paltry 0.25% APY. If you tend to carry high balances — at least $5,000 — this ...