Checking accounts are a type of deposit account held with a bank or financial institution. They are very versatile accounts to use for regular everyday banking purposes. Numerous deposits and withdrawals can often be made. This may not be possible with other types of bank accounts such as savings accounts.

Checking accounts may also offer debit cards, check writing, automatic payments, overdrafts, cashback, ATM withdrawals and more. Services and features available on these bank accounts vary widely by provider. Some accounts charge a fee for premium services whereas others are free.

Checking Interest & Rewards Accounts

Most checking accounts don’t pay any interest on your cash, although some do. Banks that offer checking accounts online are more likely to pay interest as their operational costs are lower. You also find many checking accounts online that offer other rewards and perks.

Many of the large traditional banks offer little to no interest or rewards on their accounts. Those that do often come with strict requirements such as keeping a high monthly balance to qualify for these benefits.

But there are many fintech companies and digital banks offering checking accounts online. These often provide better benefits, less restrictions and lower costs.

Take Quontic Bank for example. They now provide an exclusive Bitcoin Rewards checking account that allows you to earn Bitcoin cashback from all your transactions. With no account fees or minimum balances. And it even comes with a digital contactless payment ring.

Digital banking is much more convenient. You can open and manage accounts through apps and online accounts. The table below lists some of the top checking accounts online. Some of these are all in one financial super apps. They combine banking, saving and investing accounts into one convenient, easy to manage app.

Are you are looking for a better rate on your savings account? View the best online savings accounts interest rates. Don’t forget to join our newsletter to keep updated on all the latest content. Also view our blog for lots of posts to help manage your personal finances better.

Please note that whilst we endeavour to ensure the information on this page is accurate, interest rates, fees and account features are subject to change by providers at any time. Other terms and conditions may apply, please visit the provider to view full terms.