No-fee checking

Editor's choice

Personal

Our pick when you are opening a new personal account.

Editor's choice

SoFi Checking and Savings

SoFi Bank, N.A.

Bank

Monthly fee

$0No account, service, or maintenance fee. Outgoing wires, Instant Transfers, and global remittances are charged separately.as of Oct 30, 2026 source

APY

3.30%Savings APY with eligible direct deposit, as of Oct 20, 2026. No minimum balance. New members can get a 1.10% boost for up to 6 months, up to 4.40%, if they qualify.as of Oct 30, 2026 source

Sign-up bonus

Up to $400Direct deposit bonus through Dec 31, 2027. $50 if eligible deposits total $1,000 to $4,999.99 in 25 days. $400 at $5,000 or more. $0 below $1,000. One bonus per member.as of Oct 30, 2026 source

Min. deposit

$0as of Oct 30, 2026 source

• No monthly fee
• 3.30% savings APY with direct deposit
• Up to $400 direct deposit bonus

Open account for SoFi Checking and Savings, opens in a new tabRead review of SoFi Checking and SavingsCompare SoFi Checking and SavingsCompare

What matters for you

• No monthly fee
• ATM access
• Overdraft rules

Accounts to compare

Listed alphabetically. This is not a ranking. The editor's choice above is our recommendation for opening a new account. Fees, rates, and bonuses are copied from each provider's site and dated. How we review

• Best for Fee-free spending

  Ally

  Ally

  Bank

  Monthly fee

  $0No monthly maintenance fee, no overdraft fee, and no minimum balance.as of Oct 30, 2026 source

  APY

  0.10%Spending account balances under $15,000. Balances of $15,000 or more earn 0.25% APY. Rates are variable.as of Oct 30, 2026 source

  Sign-up bonus

  Noneas of Oct 30, 2026 source

  Min. deposit

  $0as of Oct 30, 2026 source

  • No monthly fee
  • No overdraft fee
  • Up to $10 ATM fee reimbursement a cycle

  Open account for Ally, opens in a new tabRead review of AllyCompare AllyCompare
• Best for Free checking that pays interest

  Axos

  Axos Bank

  Bank

  Monthly fee

  $0No monthly maintenance fee, no overdraft fee, and no minimum balance.as of Oct 30, 2026 source

  APY

  1.00%On the checking balance with at least $1 in qualifying direct deposit.as of Oct 30, 2026 source

  Sign-up bonus

  Noneas of Oct 30, 2026 source

  Min. deposit

  $0as of Oct 30, 2026 source

  • No monthly fee
  • 1.00% APY with direct deposit
  • Early direct deposit

  Open account for Axos, opens in a new tabRead review of AxosCompare AxosCompare
• Best for No-fee checking

  Capital One 360

  Capital One 360

  Bank

  Monthly fee

  $0No monthly fee, no minimum balance, and no overdraft fee.as of Oct 30, 2026 source

  APY

  Not listedThe checking page says the account pays interest on a tiered balance. The rate itself did not display when we checked the page.as of Oct 30, 2026 source

  Sign-up bonus

  Noneas of Oct 30, 2026 source

  Min. deposit

  $0as of Oct 30, 2026 source

  • No monthly fee
  • No minimum to open
  • Pays interest on a tiered balance

  Open account for Capital One 360, opens in a new tabRead review of Capital One 360Compare Capital One 360Compare
• Best for No-fee checking with a savings rate

  Chime

  Chime

  Fintech

  Monthly fee

  $0No monthly service fee and no minimum balance on checking. Out-of-network ATM withdrawals are $2.50.as of Oct 30, 2026 source

  APY

  1.00%Standard savings APY as of Oct 6, 2026. Chime Plus is 3.00% and Chime Prime is 4.00%. You need $0.01 in savings to earn interest. Checking is required to open savings.as of Oct 30, 2026 source

  Sign-up bonus

  Noneas of Oct 30, 2026 source

  Min. deposit

  $0as of Oct 30, 2026 source

  • No monthly fee
  • No overdraft fee
  • Savings APY from 1.00%

  Open account for Chime, opens in a new tabRead review of ChimeCompare ChimeCompare
• Best for A debit account with no monthly fee

  Discover

  Discover

  Bank

  Monthly fee

  $0Cashback Debit has no monthly fees and no balance requirement, per Discover's product page.as of Oct 30, 2026 source

  APY

  Not listedDiscover's product page does not publish an APY for Cashback Debit.as of Oct 30, 2026 source

  Sign-up bonus

  Noneas of Oct 30, 2026 source

  Min. deposit

  Noneas of Oct 30, 2026 source

  • No monthly fee
  • No balance requirement

  Open account for Discover, opens in a new tabRead review of DiscoverCompare DiscoverCompare
• Best for Interest on checking with no fee

  nbkc Everything Account

  nbkc bank

  Bank

  Monthly fee

  $0as of Oct 30, 2026 source

  APY

  1.75%Variable. Effective Oct 30, 2026. Minimum balance to earn the APY is $0.01. No monthly spending requirement.as of Oct 30, 2026 source

  Sign-up bonus

  Noneas of Oct 30, 2026 source

  Min. deposit

  $0.01as of Oct 30, 2026 source

  • No monthly fee
  • 1.75% APY on checking
  • Direct deposit up to two days early

  Open account for nbkc Everything Account, opens in a new tabRead review of nbkc Everything AccountCompare nbkc Everything AccountCompare
• Best for No-fee checking with a savings rate

  Upgrade

  Upgrade

  Fintech

  Monthly fee

  $0No monthly maintenance fee and no overdraft fee. Out-of-network ATMs are $2.50 plus any third-party fee. An inactivity fee can apply.as of Oct 30, 2026 source

  APY

  1.50%Performance Savings, not the checking account. 3.30% APY with an active account and at least $1,000 in monthly direct deposit, as of Sep 18, 2026. Otherwise 1.50%, which Upgrade dates to Jun 1, 2023. Rates are variable.as of Oct 30, 2026 source

  Sign-up bonus

  Noneas of Oct 30, 2026 source

  Min. deposit

  $0as of Oct 30, 2026 source

  • No monthly fee
  • Up to 3.30% on Performance Savings
  • Cash back with direct deposit

  Open account for Upgrade, opens in a new tabRead review of UpgradeCompare UpgradeCompare
• Best for A free account with a savings rate you can raise

  Varo

  Varo

  Bank

  Monthly fee

  $0No monthly, maintenance, or minimum-balance fee on the bank account. Out-of-network ATM withdrawals are $3.50.as of Oct 30, 2026 source

  APY

  1.00%Standard savings APY. Qualify for 3.75% on the first $5,000 the next month with $800 in direct deposits and a positive balance in all Varo accounts. Accurate as of Oct 5, 2026 on Varo's disclosures.as of Oct 30, 2026 source

  Sign-up bonus

  Noneas of Oct 30, 2026 source

  Min. deposit

  $0as of Oct 30, 2026 source

  • No monthly fee
  • Up to 3.75% savings APY
  • No minimum balance

  Open account for Varo, opens in a new tabRead review of VaroCompare VaroCompare

How to choose

• Read how the monthly fee is waived if it is not always $0.
• Check ATM access and the fee for using another bank's machine.
• Read the overdraft policy before you opt in to any coverage.

Related guides

• How to open a bank account onlineWhat to prepare, how the identity check works, and how to fund a checking or savings account you open on the provider's own site.
• Checking vs savings accountHow checking and savings differ, why a bank can still limit savings transfers, and what to compare before you open either one.
• How to switch banks without missing a paymentMove direct deposit and automatic bills before you close the old account, so rent, pay, and subscriptions do not bounce.