Are you looking for the best checking accounts online? There are a lot of different options out there when it comes to choosing a checking account. It can be overwhelming trying to figure out which one is right for you. But don’t worry, we’re here to help.

We’ve compiled a list of the best checking accounts available online, based on factors like fees, interest rates, and features.

So whether you’re looking for the simplest account with the lowest fees, or one that will help you earn some extra cash, we’ve got you covered.

What Is A Checking Account?

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.

Learn more about how a checking account works.

Online checking accounts
Online checking accounts

Checking Accounts With Interest & Rewards

Most checking accounts don’t pay any interest on your cash, although some do. Banks that offer these types of 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.

Quontic Pay Ring

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 Quontic pay ring, allowing you to make transactions easily.

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.

What are the checking account benefits
What are the checking account benefits

What Checking Account Benefits Are There?

There are several checking account benefits that are common to most of these types of bank account, this includes;

-A checking account allows customers to deposit and withdraw money as they please. There are no restrictions on how often you can do this like there are with savings accounts.

-Checking accounts also offer customers the ability to write checks. This can be very helpful if you need to make a large purchase or pay someone back but don’t have the cash on hand.

-Another benefit of having a checking account is that most banks offer some form of overdraft protection. This means that if you accidentally spend more money than you have in your account, the bank will cover the difference and you will not be charged any fees.

-Finally, most checking accounts come with a debit card. This can be used to make purchases anywhere that accepts credit cards. You can also use your debit card to get cash from an ATM.

There are additional checking account benefits that are found at several providers. This includes interest on cash balances, cashback on debit card purchases, free ATM withdrawals and exclusive access to additional products such as discounts on insurance etc.

You may even find a bank checking account offer that provides an incentive to sign up as a new customer. For instance, the all in one banking and micro investing app Acorns offers new customers this $10 sign up bonus.

Best Checking Accounts Online List

What are the best checking accounts online
What are the best checking accounts online

Best Savings Accounts Online

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 endeavor 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. Details correct as of September 2022.

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