Tired of paying fees to big banks?
These online banks are completely FREE!
- CHIME — Best Overall ⭐
Monthly fee: $0
Minimum balance: $0
Features:
→ Get paid 2 days early
→ No overdraft fees (SpotMe covers $200)
→ 60,000 free ATMs
→ Automatic round up savings
→ No credit check to open
Best for: Everyone - ALLY BANK — Best High Yield Savings
Monthly fee: $0
Savings APY: 4.50%!
Features:
→ No minimum balance
→ 24/7 customer service
→ Buckets feature for saving goals
→ Overdraft protection
Best for: Saving money with high interest - SOFI BANK — Best All in One
Monthly fee: $0
Savings APY: 4.60%!
Features:
→ Early paycheck (2 days)
→ No account fees
→ $300 sign up bonus available
→ Investing built in
Best for: One app for banking + investing - MARCUS BY GOLDMAN SACHS
Monthly fee: $0
Savings APY: 4.50%
Features:
→ No fees ever
→ Goldman Sachs security
→ Easy transfers
Best for: Pure high yield savings - CURRENT
Monthly fee: $0
Features:
→ Instant gas hold releases
→ 40,000 free ATMs
→ Teen banking available
→ Points rewards program
Best for: Young people & teens - VARO BANK
Monthly fee: $0
Savings APY: Up to 5.00%!
Features:
→ No minimum balance
→ Early paycheck
→ Save Your Pay feature
Best for: Highest savings rate - DISCOVER BANK
Monthly fee: $0
Features:
→ 1% cashback on debit purchases
→ 60,000 free ATMs
→ Great customer service
→ High yield savings
Best for: Cashback on debit card
MY RECOMMENDATION:
Checking: Chime (best features free)
Savings: SoFi or Ally (highest interest)
Switch today — stop paying fees
to old traditional banks! 💰