No Fees, No Worries
Finding a good checking account that doesn't charge fees can save you money and help you manage your finances better. No-fee checking accounts often come with features that make banking easy and convenient. Here are seven of the best no-fee checking accounts for 2024.
7 Best No-Fee Checking Accounts of 2024
1. Ally Bank Checking Account
Ally Bank offers a no-fee checking account with no monthly maintenance fees and no minimum balance requirements. You can access your money at ATMs for free and use their online banking features to pay bills and transfer money. Ally Bank also pays interest on your balance, which is a great perk.
2. Chime Bank Checking Account
Chime is an online bank that provides a simple checking account with no fees. There are no monthly fees, no overdraft fees and no minimum balance requirements. With Chime, you get early direct deposit, so your paycheck can arrive up to two days early. Chime also offers a mobile app for easy banking on the go.
3. Discover Cashback Debit Account
The Discover Cashback Debit account is a great option if you want to earn rewards. This account has no monthly fees and no minimum balance requirements. You can earn 1% cashback on up to $3,000 in purchases each month when you use your debit card. Discover also has a wide network of ATMs you can use for free.
4. Capital One 360 Checking Account
Capital One's 360 Checking account has no monthly fees and no minimum balance. You can access your money through a large network of ATMs, and they also offer online banking features. Capital One provides helpful budgeting tools in their app to help you manage your spending.
5. PNC Virtual Wallet
PNC offers the Virtual Wallet, which combines checking and savings accounts. There are no monthly fees if you meet the minimum balance requirements. This account includes tools to help you track your spending and save for goals. PNC has a user-friendly app for easy banking anytime.
6. TIAA Bank Yield Pledge Checking Account
TIAA Bank offers a no-fee checking account with a high interest rate on your balance. There are no monthly maintenance fees, and you can use any ATM for free. TIAA Bank also provides helpful financial tools to help you manage your money better.
7. Axos Bank Basic Checking Account
Axos Bank has a Basic Checking account with no monthly fees and no minimum balance requirements. This account includes unlimited domestic ATM fee reimbursements, which means you can get your ATM fees back if you use an ATM outside their network. Axos Bank also offers mobile banking features for convenience.
Simplifying Your Banking
Choosing a no-fee checking account can help you save money and simplify your banking. Each of the accounts listed above offers unique features that cater to different needs. Before opening an account, make sure to read the terms and conditions to find the best fit for your financial situation. With a little research, you can find a checking account that works for you without any fees.