Best Checking Accounts for Bonuses & Cash Back
By: Conor Keenan Last updated February 03, 2026
Conor Keenan is the Co-Founder of CompareAccounts and an Accredited Wealth Management Advisor candidate. He has covered consumer banking & investing trends for over a decade, his work has appeared in The Wall Street Journal, Reuters & Yahoo Finance.
Editorial Independence: Our opinions, reviews, and recommendations are our own. Partner commissions keep our site free, but our content remains independent.
Up to $300 Bonus
On SoFi's Secure Site,
Member FDIC
Best For: Bonus + Annual Percentage Yield
SoFi redefines banking with a commitment to no fees—no monthly fees, no overdraft fees, and no account minimums.
Bonus: up to $300 with direct deposit.ⓘ
In addition to the bonus, you'll enjoy a limited time offer: New account holders earn +0.70% boost to 4.00% on their Savings APY for up to 6 months with eligible direct deposit and 0.50% APY on checking balances, fee-free overdraft coverage up to $50 and access your direct deposit funds up to two days early, giving you greater financial flexibility. Terms apply.ⓘ
Withdraw cash without fees using your SoFi Debit Mastercard® from a network of 55,000+ ATMs, and make transactions seamless with SoFi’s intuitive, mobile-first banking. Use the app to transfer money, pay bills, deposit checks, or track your savings—all at your fingertips.
Your deposits are FDIC-insured up to $250,000 per depositor, ensuring your money stays safe and secure. Earn a $50 or $300 bonus with direct deposit, terms apply.
1. Up to $300 Bonus Tiered Disclosure
New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 12/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.
2. APY disclosures
Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet
3. Fee Policy
We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at sofi.com/legal/banking-fees/.
4. Additional FDIC Insurance
SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $2M through participation in the program. See full terms at SoFi.com/banking/fdic/terms See list of participating banks at SoFi.com/banking/fdic/receivingbanks
5. ATM Access
We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees
may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time.
6. Early Access to Direct Deposit Funds
Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.
7. Overdraft Coverage
Overdraft Coverage is a feature automatically offered to SoFi Checking and Savings account holders who receive at least $1,000 or more in Eligible Direct Deposits within a rolling 31 calendar day period on a recurring basis. Eligible Direct Deposit is defined on the SoFi Bank Rate Sheet, available at https://www.sofi.com/legal/banking-rate-sheet. Members enrolled in Overdraft Coverage may be covered for up to $50 in negative balances on SoFi Bank debit card purchases only. Overdraft Coverage does not apply to P2P transfers, bill payments, checks, or other non-debit card transactions. Members with a prior history of unpaid negative balances are not eligible for Overdraft Coverage. Eligibility for Overdraft Coverage is determined by SoFi Bank in its sole discretion. Members can check their enrollment status, if eligible, at any time by logging into their account through the SoFi app or on the SoFi website.
8. 0.70% Savings APY Boost
Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.
Limited Time Offer
On U.S. Bank National Association's
Secure Site, Member FDIC
Best For: Bonus + Branch Access
U.S. Bank has over 2,000 branch locations in more than half of United States.
Earn up to $400 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Offer valid through February 5, 2026. Member FDIC.
Get started with an initial deposit of $25 within 30 days and receive the bonus within 30 days after you have met the requirements.
Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.
In addition to the bonus, this account comes with "24-Hour Banking" meaning a customer service representative is available 24/7, a U.S. Bank Visa® Debit Card that has no ATM fees at U.S. Bank ATMs, and the ability to deposit checks and send money with Zelle® via a mobile app.
Direct Deposit Switch makes it easier than ever to set up or switch direct deposit.
Subject to certain terms and limitations.
See U.S. Bank's Secure Site For More Details.
$400 Bonus
On Truist's Secure Site,
Member FDIC
Best For: $400 Bonus From a Top 10 Bank
Truist is ranked among the top 10 largest banks in the United States with over $500 Billion in assets and with more than 2,000 financial centers spread throughout the South, Mid-Atlantic, and Midwest regions, in short, its a great choice for your checking account.
Earn $400 when you 0pen a new Truist One Checking account online from 10/30/25 through 3/25/26, and receive at least 2 qualifying Direct Deposits* totaling $2,000 or more and complete at least 20 qualifying debit card purchases within 120 days of account opening. For new checking clients only. Terms & conditions apply.ⓘ
Use Promo Code: AFL400TR1Q425
Truist provides 24-hour automated assistance and if you need to talk to someone, customer service is available Monday through Friday, 8 am to 8 pm ET, Saturday, 8 am to 5 pm ET, closed Sunday.
This account comes with FDIC insurance up to the amount allowable by law, mobile check deposit and more via their mobile app.
To top it off, this account has $0 overdraft fees, $0 ATM fees at Truist ATMs, a Balance Buffer if you meet the requirements, and only requires a $50 minimum deposit to open today.
See The Truist One Offer Page For More Details.
Terms and Conditions for Truist One Checking $400 Affiliate Online Offer Q4 2025 and Q1 2026: AFL400TR1Q425
Offer Information: Open a new Truist One Checking account online from 10/30/25 through 3/25/26, complete the following activities within 120 days of the account opening and earn $400. You must open the account online and enter the promo code to be eligible to participate in the promotion.
• Receive at least two qualifying direct deposits* totaling $2,000 or more AND
• Complete at least 20 qualifying debit card purchases** within 120 days of account opening. All debit purchases must be posted to your account to qualify.
Account must be opened online. Enrollment in the promotion is required at the time of account opening using promo code AFL400TR1Q425. Please refer to the Account Opening and Enrollment section below for full instructions.
*A qualifying direct deposit is an electronic credit (greater than $5.00) deposited into your new checking account via ACH. Person to person payments (such as Zelle®), Real Time Payments (RTP), pre-authorized transfers made from one account to another, or deposits made via a branch, ATM, online transfer, mobile device, debit/prepaid card number or the mail are not eligible direct deposits.
**Qualifying debit card purchases include any purchase made with a Truist debit card and posted to the new checking account within 120 days of account opening. ATM withdrawals using your debit card are not qualifying transactions. Zelle® transactions are not qualifying transactions. Bank fees are not included.
Offer Eligibility: Clients that are the primary account holder on an existing personal checking account with Truist or who have closed a personal checking account with Truist on or after 10/30/24 are not eligible to participate. Offer valid for Truist One Checking accounts only. Primary account holder must be 18 or older at the time of account opening. Truist employees, Directors, Officers, and Local Boards/Advisors are not eligible. Offer available only to US residents with a valid US taxpayer identification number. The qualifying checking account must be opened online and have a physical address in: AL, AR, FL, GA, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV or DC.
Reward Processing: The reward will be deposited to the new checking account within 4 weeks after the qualification requirements have been met and verified. Promotion is only applicable once per checking account and per client. Truist may report the value of any offer reward received to the IRS as required by law. Any applicable taxes are the responsibility of the recipient.
Reward Forfeiture: Reward forfeiture will occur if: (1) the new checking account is changed to an account type not included in this client offer (2) the new checking account has a $0.00 or negative available balance or is restricted at the time Truist verifies the qualification requirements have been met or (3) the new checking account is closed at the time of payout. An account is considered restricted if it has a temporary or permanent block that prevents credits from posting to the account. Truist verification will occur one time after the qualification requirements are initially met.
Other Terms: Minimum opening deposit is $50. The offer is non-transferable, may not be combined with any other checking offers, is subject to change, and may be discontinued at any time. Truist reserves the right, in its sole discretion: 1) to prohibit a reward payout for any offers claimed through third-party websites with no affiliation or prior authorization from Truist; and 2) to disqualify any account if Truist suspects accounts are being opened for the purpose of exploiting this promotional offer. All promotional payouts will be processed no later than 3/31/27 at which point this promotion (and any related disbursements) will be considered final, and no further disbursements will be made. All standard account terms and conditions apply.
Account Opening & Enrollment Instructions: To open and enroll your new account in the promotion, visit the offer website and click on “Open an account online.” Enter AFL400TR1Q425 into the promo code field provided, review the offer Terms and Conditions, and then select “Accept Offer”. Accounts opened without the promo code applied will not be eligible to participate in the offer. Once enrolled in the promotion, clients may receive promotional updates via the email address provided or by calling 800.709.8700.
Version 3 09162025 AFL400TR1Q425
©2025 Truist Financial Corporation. TRUIST, the Truist logo and Truist Purple are service marks of Truist Financial Corporation. All rights reserved. Truist Bank, 214 N Tryon St., Charlotte, NC 28202.
$300 Bonus
On KeyBank's Secure Site,
Member FDIC
Best For: Mobile Banking + Bonus
This account offers no monthly maintenance fee, available overdraft protection services & access to 40,000+ fee-free ATMs nationwide with your KeyBank Debit Mastercard®.
Additionally, this account offers relationship benefits like better interest rates on savings and money market accounts, more cash back, loan discounts and more.
Early Pay means you could get paid up to two days early with eligible direct deposits to a KeyBank account.
With secure online & mobile banking you can deposit checks in the mobile app, pay bills, send money, lock/unlock cards and more.
The KeyBank Enhanced Debit Mastercard® offers chip security, Tap & Go technology and all the benefits of Mastercard.
Easy direct deposit set up can have your paychecks or other recurring payments automatically deposited to your KeyBank account quickly and securely.
Accounts are subject to approval. Terms and conditions apply.
Overall, this is an excellent account from a respected bank with over $187 Billion in assets.
See KeyBank's Secure Site For More Details & Other Offers.
Compare With
Not Recommended
Not Recommended. Shown For Comparison Purposes Only.
Although they offer some benefits like Zelle® and mobile deposits, they'll charge you a $12 monthly maintenance fee and a $10 over draft fee per item that can outweigh the benefits.
You can avoid the monthly fee by having a daily average balance of $1,500 or being a Preferred Rewards member, but you need a balance of $20,000 or more to be in the lowest tier of their Preferred Rewards program.
Because there are better options on this page to avoid fees from trusted banks, we don't recommend you opening a checking account with Bank of America.
On BMO's Secure Site,
Member FDIC
Best For: No Monthly Fees + Bonus*
New BMO Smart Advantage Checking customers can earn a $400 Cash Bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 9/9/25 - 1/28/26.
This account offers no monthly fees with paperless statements, available overdraft protection services & access to 40,000+ fee-free ATMs nationwide.
You can easily transfer money using Zelle®, locate a nearby ATM, deposit checks & more with the BMO Digital Banking app.
The BMO Debit Mastercard® offers security & convenience with benefits like satisfaction guarantee, Mastercard Global Service® & more.
Open your account today and set up direct deposit to help you unlock this bonus.
*Conditions apply. Accounts are subject to approval and are provided in the U.S. by BMO Bank N.A., Member FDIC
See BMO Bank's Secure Site For More Details & Other Offers.
$500 Bonus
On KeyBank's Secure Site,
Member FDIC
Best For: Mobile Banking + Big Bonus
This account offers an additional $100 cash bonus year after year with qualifying activities, available overdraft protection services & access to Free KeyBank and Allpoint® ATM access nationwide with your KeyBank Debit Mastercard®.
This account also offers relationship benefits like better interest rates on savings and money market accounts, more cash back, loan discounts and more.
Early Pay means you could get paid up to two days early with eligible direct deposits to a KeyBank account.
With secure online & mobile banking you can deposit checks in the mobile app, pay bills, send money, lock/unlock cards and more.
Easy direct deposit set up can have your paychecks or other recurring payments automatically deposited to your KeyBank account quickly and securely.
Accounts are subject to approval. Terms and conditions apply.
Overall, this is an excellent account from a respected bank with over $187 Billion in assets.
See KeyBank's Secure Site For More Details & Other Offers.
Direct Deposit Benefits
On Chime's Secure Site,
FDIC Insured
Best For: Direct Deposit Benefits
The Chime® Online Checking Account is designed to maximize the benefits of direct deposit and empower your financial journey.
- Early Pay Access: Set up direct deposit with Chime and receive your paycheck up to two days earlier, giving you quicker access to your hard-earned money.
- Fee-Free Overdraft Protection: Qualify for SpotMe®, allowing you to overdraw your account by up to $200 on debit card purchases without incurring any fees.
- MyPay® Access: Enjoy financial flexibility with MyPay®, enabling you to access up to $500 of your pay before the scheduled payday. Note: Available in most but not all states.
- Extensive Fee-Free ATM Network: Access over 47,000 fee-free ATMs nationwide, stores like Walgreens®, 7-Eleven®, CVS Pharmacy® & more, ensuring you can withdraw cash conveniently without additional charges.
- Fee Free Banking: Enjoy banking with no monthly maintenance fees, no minimum balance requirements, and no overdraft fees, allowing you to keep more of your money.
Customer service is available offering 24/7 live support with a real human.
Open your account for free in 2 minutes or less. Terms & conditions apply to the features of this account.ⓘ
See Chime's Secure Site For More Details.
Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A.; Members FDIC.
SpotMe disclosure: SpotMe® SpotMe on debit is an optional service that provides fee-free overdraft if a member meets certain qualification criteria. Chime SpotMe enables members to draw their Chime Checking Account negative for debit card transactions, ATM withdrawals, cash back transactions or “over the counter” or OTC withdrawals (“Qualifying Transactions”) up to a specified amount (the “Limit”). This Limit is determined by Chime in its sole discretion based on the history of any Chime-branded accounts you have, direct deposit history and direct deposit amounts, spending activity and other risk-based factors. SpotMe on debit is not a credit product, cash advance, a loan, or overdraft protection. Comparing SpotMe to any of these other products is not accurate and would diminish integrity of the product's structure.
SpotMe® on Credit is an optional, no interest / no fee overdraft line of credit tied to the Secured Deposit Account available to qualifying members with an active Chime Card Account. To qualify for the SpotMe on Chime Card service, you must receive $200 or more in qualifying direct deposits to your Chime® Checking Account each month and have activated your physical secured Chime Visa® Credit Card or Chime Visa® Debit Card.
Qualifying members will be allowed to overdraw their Secured Deposit Account up to $20, but may later be eligible for a higher limit of up to $200 or more based on Chime account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Chime Card Limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime’s or its banking partners’ discretion. Although Chime does not charge any overdraft fees for SpotMe on Chime Card, there may be out-of-network or third-party fees associated with ATM transactions and fees associated with OTC cash withdrawals. SpotMe on Chime Card won’t cover non-card transactions. SpotMe on Chime Card Terms and Conditions.
Chime ATM Disclosure: Out-of-network ATM withdrawal and over the counter advance fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.
Chime Early Pay Disclosure: Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.
Chime MyPay® Disclosure: MyPay® line of credit provided by The Bancorp Bank, N.A. or Stride Bank, N.A. MyPay services provided by Chime Capital, LLC (NMLS 2316451).
To be eligible for MyPay, you must receive qualifying direct deposits to your Chime Checking Account as set forth in the MyPay Agreement. A qualifying direct deposit is a deposit from an employer, payroll provider, gig economy payer, government benefits payer, or other permitted source of income by Automated Clearing House (“ACH”) or Original Credit Transaction (“OCT”). Your MyPay Credit Limit and Maximum Available Advance may change at any time. MyPay is a line of credit and available limits are based on estimated income and risk-based criteria. Eligible members may be offered a $20 - $500 Credit Limit per pay period. Your Credit Limit and Maximum Available Advance will be displayed to you within the Chime app. MyPay is currently only available to eligible Chime members in certain states. Other restrictions may apply. See Bancorp MyPay Agreement or Stride MyPay Agreement for details.
MyPay®: MyPay is a line of credit that allows members to get up to $500 of their pay anytime before payday with no interest, no credit check, and no mandatory fees. Most members’ credit limits start between $50 to $100, and can increase over time up to $500 depending on factors such as length and amount of your direct deposit activity. Members can get an advance fee-free within 24 hours or instantly for $2. MyPay is not an earned wage access product.
State Eligibility. You must live in one of the following states or the District of Columbia (Washington, D.C.) to be eligible for MyPay: Alabama, Alaska, Arizona, Arkansas, California, Delaware, District of Columbia (Washington, D.C.), Georgia, Florida, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, and West Virginia.
Optional services and products may have fees or charges, such as outbound instant transfers, out-of-network transactions, and credit products.
To recap our recommendations.
Best Checking Accounts According To CompareAccounts™
SoFi® Checking and Savings: Best For: Bonus + Annual Percentage Yield
U.S. Bank Smartly® Checking Account: Best For: Bonus + Branch Access
Truist One Checking Account: Best For: $400 Bonus From a Top 10 Bank
Key Smart Checking® Account: Best For: Mobile Banking + Bonus
BMO Smart Advantage Checking Account: Best For: No Monthly Fees + Bonus*
Key Select Checking® Account: Best For: Mobile Banking + Big Bonus
Chime® Online Checking Account Details: Best For: Direct Deposit Benefits
Up to $300 Bonus
- Checking & Savings Account
- No Monthly Fees
- No Overdraft Fees
- Fee-Free Overdraft Coverage Available
- Bonus: up to $300 with Direct Depositⓘ
- Set Up Direct Deposit & Access Funds up to 2 Days Sooner with Early Pay
- Access 55,000+ Fee-Free ATMs within the Allpoint® Network
- Send Money with SoFi's Peer-to-Peer Payment System
- Earn 0.50% Annual Percentage Yield (APY) on Checking Balances
- Earn $50 or $300 with direct deposit, terms apply.
- Limited Time Offer: New account holders earn +0.70% boost to 4.00% on their Savings APY for up to 6 months with eligible direct deposit. Terms applyⓘ
- See Site for Details
1. Up to $300 Bonus Tiered Disclosure
New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 12/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.
2. APY disclosures
Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet
3. Fee Policy
We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at sofi.com/legal/banking-fees/.
4. Additional FDIC Insurance
SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $2M through participation in the program. See full terms at SoFi.com/banking/fdic/terms See list of participating banks at SoFi.com/banking/fdic/receivingbanks
5. ATM Access
We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees
may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time.
6. Early Access to Direct Deposit Funds
Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.
7. Overdraft Coverage
Overdraft Coverage is a feature automatically offered to SoFi Checking and Savings account holders who receive at least $1,000 or more in Eligible Direct Deposits within a rolling 31 calendar day period on a recurring basis. Eligible Direct Deposit is defined on the SoFi Bank Rate Sheet, available at https://www.sofi.com/legal/banking-rate-sheet. Members enrolled in Overdraft Coverage may be covered for up to $50 in negative balances on SoFi Bank debit card purchases only. Overdraft Coverage does not apply to P2P transfers, bill payments, checks, or other non-debit card transactions. Members with a prior history of unpaid negative balances are not eligible for Overdraft Coverage. Eligibility for Overdraft Coverage is determined by SoFi Bank in its sole discretion. Members can check their enrollment status, if eligible, at any time by logging into their account through the SoFi app or on the SoFi website.
8. 0.70% Savings APY Boost
Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.
On SoFi's Secure Site,
Member FDIC
Limited Time Offer
- Checking Account
- U.S. Bank Visa® Debit Card
- Minimum Deposit: $25
- Deposit can be Transferred from another Bank Account or Paid by Card
- Mobile Check Deposit
- Direct Deposit Switch - Makes it Easier to Switch Your Direct Deposit
- Send Money with Zelle®
- Fraud Prevention
- No ATM Fees at U.S. Bank ATMs
- Earn up to $400 when you open a new U.S. Bank Smartly® Checking account & complete qualifying activities.
- Get the bonus within 30 days after you have met the requirements.
- Offer valid through February 5, 2026. Member FDIC.
- Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.
- Subject to Certain Terms & Limitations
- See Site for Details
On U.S. Bank National Association's
Secure Site, Member FDIC
$400 Bonus
- Checking Account
- Visa® Debit Card
- Minimum Deposit: $50
- Overdraft Fees: $0
- Mobile Check Deposit
- No ATM Fees at Truist ATMs
- Earn $400 with qualifying activities. For new checking clients only.
- Use Promo Code: AFL400TR1Q425
- Offer valid through 3/25/2026.
- Terms & Conditions Applyⓘ
- See Site for Details
Terms and Conditions for Truist One Checking $400 Affiliate Online Offer Q4 2025 and Q1 2026: AFL400TR1Q425
Offer Information: Open a new Truist One Checking account online from 10/30/25 through 3/25/26, complete the following activities within 120 days of the account opening and earn $400. You must open the account online and enter the promo code to be eligible to participate in the promotion.
• Receive at least two qualifying direct deposits* totaling $2,000 or more AND
• Complete at least 20 qualifying debit card purchases** within 120 days of account opening. All debit purchases must be posted to your account to qualify.
Account must be opened online. Enrollment in the promotion is required at the time of account opening using promo code AFL400TR1Q425. Please refer to the Account Opening and Enrollment section below for full instructions.
*A qualifying direct deposit is an electronic credit (greater than $5.00) deposited into your new checking account via ACH. Person to person payments (such as Zelle®), Real Time Payments (RTP), pre-authorized transfers made from one account to another, or deposits made via a branch, ATM, online transfer, mobile device, debit/prepaid card number or the mail are not eligible direct deposits.
**Qualifying debit card purchases include any purchase made with a Truist debit card and posted to the new checking account within 120 days of account opening. ATM withdrawals using your debit card are not qualifying transactions. Zelle® transactions are not qualifying transactions. Bank fees are not included.
Offer Eligibility: Clients that are the primary account holder on an existing personal checking account with Truist or who have closed a personal checking account with Truist on or after 10/30/24 are not eligible to participate. Offer valid for Truist One Checking accounts only. Primary account holder must be 18 or older at the time of account opening. Truist employees, Directors, Officers, and Local Boards/Advisors are not eligible. Offer available only to US residents with a valid US taxpayer identification number. The qualifying checking account must be opened online and have a physical address in: AL, AR, FL, GA, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV or DC.
Reward Processing: The reward will be deposited to the new checking account within 4 weeks after the qualification requirements have been met and verified. Promotion is only applicable once per checking account and per client. Truist may report the value of any offer reward received to the IRS as required by law. Any applicable taxes are the responsibility of the recipient.
Reward Forfeiture: Reward forfeiture will occur if: (1) the new checking account is changed to an account type not included in this client offer (2) the new checking account has a $0.00 or negative available balance or is restricted at the time Truist verifies the qualification requirements have been met or (3) the new checking account is closed at the time of payout. An account is considered restricted if it has a temporary or permanent block that prevents credits from posting to the account. Truist verification will occur one time after the qualification requirements are initially met.
Other Terms: Minimum opening deposit is $50. The offer is non-transferable, may not be combined with any other checking offers, is subject to change, and may be discontinued at any time. Truist reserves the right, in its sole discretion: 1) to prohibit a reward payout for any offers claimed through third-party websites with no affiliation or prior authorization from Truist; and 2) to disqualify any account if Truist suspects accounts are being opened for the purpose of exploiting this promotional offer. All promotional payouts will be processed no later than 3/31/27 at which point this promotion (and any related disbursements) will be considered final, and no further disbursements will be made. All standard account terms and conditions apply.
Account Opening & Enrollment Instructions: To open and enroll your new account in the promotion, visit the offer website and click on “Open an account online.” Enter AFL400TR1Q425 into the promo code field provided, review the offer Terms and Conditions, and then select “Accept Offer”. Accounts opened without the promo code applied will not be eligible to participate in the offer. Once enrolled in the promotion, clients may receive promotional updates via the email address provided or by calling 800.709.8700.
Version 3 09162025 AFL400TR1Q425
©2025 Truist Financial Corporation. TRUIST, the Truist logo and Truist Purple are service marks of Truist Financial Corporation. All rights reserved. Truist Bank, 214 N Tryon St., Charlotte, NC 28202.
On Truist's Secure Site,
Member FDIC
$300 Bonus
- Checking Account
- No Monthly Maintenance Fee
- Min. Opening Deposit: $10
- Send Money with Zelle®
- KeyBank Debit Mastercard® Offers Security & Convenience
- Deposit Checks in The Mobile App
- 24-hour access to 40,000+ KeyBank & AllPoint® ATMs Nationwide
- Earn a $300 Cash Bonus: Make the Minimum Opening Deposit of $10 and a Total of $2,000 or more in Eligible Direct Deposits within the First 90 Days of Account Opening.
- To be Bonus Eligible, You Must Open Your Account by May 22, 2026
- Account Must Not Be Closed at Time of Gift Payment
- Overdraft Protection Services Available
- Accounts are Subject to Approval
- Terms & Conditions Apply
- See Site for Details & Other Offers
On KeyBank's Secure Site,
Member FDIC
Compare With
- Checking Account
- Out of Network ATM Fee: $2.50 in US
- Monthly Fee: $12 - Waived with Qualifying Activities
- Overdraft Fee: $10 per item
- International Transaction Fee: 3%
- Check Image Service Fee: $3 per Statement
- No ATM Fee Reimbursements
- Option to Pay for Paper Checks
- If You're Not Careful, This Checking Account's Fees Cost You More Than Its Worth
Not Recommended
Not Recommended. Shown For Comparison Purposes Only.
- Checking Account
- No Monthly Fees with Paperless Statements
- Send Money with Zelle®
- Overdraft Protection Services Available
- 40,000+ Fee-Free ATMs Nationwide
- BMO Debit Mastercard® Offers Security & Convenience with Excellent Benefits
- Earn a Cash Bonus*
- To be bonus* eligible, you must open your account & complete qualifying activites between 9/9/25 - 1/28/26
- *Conditions apply. Accounts are Subject to Approval and are Provided in the U.S. by BMO Bank N.A., Member FDIC
- See Site for Details & Other Offers
On BMO's Secure Site,
Member FDIC
$500 Bonus
- Checking Account
- Min. Opening Deposit: $50
- Send Money with Zelle®
- KeyBank Debit Mastercard®
- Deposit Checks in The Mobile App
- Free KeyBank & Allpoint® ATM access nationwide with your KeyBank Debit Mastercard®
- Earn a $500 Cash Bonus: Make the Minimum Opening Deposit of $50 and make a Total of $5,000 or more in Eligible Direct Deposits within the First 90 Days of Account Opening.
- To be Bonus Eligible, You Must Open Your Account by May 22, 2026
- Account Must Not Be Closed at Time of Gift Payment
- Annual Bonus: Earn a $100 cash bonus year after year with qualifying activities.
- Monthly Maintenance Fee can be Waived if Requirements are Met
- Accounts are Subject to Approval
- Terms & Conditions Apply
- See Site for Details & Other Offers
On KeyBank's Secure Site,
Member FDIC
Direct Deposit Benefits
- Checking Account
- Chime Visa® Debit Card
- No Monthly Fees
- No Overdraft Fees
- 24/7 Live Support with a Real Human
- Access to Over 47,000 Fee-Free ATMs at stores like Walgreens®, 7-Eleven®, CVS Pharmacy® & more
- Some Direct Deposit Benefits Include:
- MyPay®: Get up to $500 of your pay before payday. Note: Available in most but not all states
- Early Pay Access: Get your paycheck up to 2 days earlier with direct deposit
- SpotMe®: Overdraw your account by up to $200 on debit card purchases without incurring any fees
- Terms & Conditions Apply to The Features of this Accountⓘ
- See Site for Details
Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A.; Members FDIC.
SpotMe disclosure: SpotMe® SpotMe on debit is an optional service that provides fee-free overdraft if a member meets certain qualification criteria. Chime SpotMe enables members to draw their Chime Checking Account negative for debit card transactions, ATM withdrawals, cash back transactions or “over the counter” or OTC withdrawals (“Qualifying Transactions”) up to a specified amount (the “Limit”). This Limit is determined by Chime in its sole discretion based on the history of any Chime-branded accounts you have, direct deposit history and direct deposit amounts, spending activity and other risk-based factors. SpotMe on debit is not a credit product, cash advance, a loan, or overdraft protection. Comparing SpotMe to any of these other products is not accurate and would diminish integrity of the product's structure.
SpotMe® on Credit is an optional, no interest / no fee overdraft line of credit tied to the Secured Deposit Account available to qualifying members with an active Chime Card Account. To qualify for the SpotMe on Chime Card service, you must receive $200 or more in qualifying direct deposits to your Chime® Checking Account each month and have activated your physical secured Chime Visa® Credit Card or Chime Visa® Debit Card.
Qualifying members will be allowed to overdraw their Secured Deposit Account up to $20, but may later be eligible for a higher limit of up to $200 or more based on Chime account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Chime Card Limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime’s or its banking partners’ discretion. Although Chime does not charge any overdraft fees for SpotMe on Chime Card, there may be out-of-network or third-party fees associated with ATM transactions and fees associated with OTC cash withdrawals. SpotMe on Chime Card won’t cover non-card transactions. SpotMe on Chime Card Terms and Conditions.
Chime ATM Disclosure: Out-of-network ATM withdrawal and over the counter advance fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.
Chime Early Pay Disclosure: Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.
Chime MyPay® Disclosure: MyPay® line of credit provided by The Bancorp Bank, N.A. or Stride Bank, N.A. MyPay services provided by Chime Capital, LLC (NMLS 2316451).
To be eligible for MyPay, you must receive qualifying direct deposits to your Chime Checking Account as set forth in the MyPay Agreement. A qualifying direct deposit is a deposit from an employer, payroll provider, gig economy payer, government benefits payer, or other permitted source of income by Automated Clearing House (“ACH”) or Original Credit Transaction (“OCT”). Your MyPay Credit Limit and Maximum Available Advance may change at any time. MyPay is a line of credit and available limits are based on estimated income and risk-based criteria. Eligible members may be offered a $20 - $500 Credit Limit per pay period. Your Credit Limit and Maximum Available Advance will be displayed to you within the Chime app. MyPay is currently only available to eligible Chime members in certain states. Other restrictions may apply. See Bancorp MyPay Agreement or Stride MyPay Agreement for details.
MyPay®: MyPay is a line of credit that allows members to get up to $500 of their pay anytime before payday with no interest, no credit check, and no mandatory fees. Most members’ credit limits start between $50 to $100, and can increase over time up to $500 depending on factors such as length and amount of your direct deposit activity. Members can get an advance fee-free within 24 hours or instantly for $2. MyPay is not an earned wage access product.
State Eligibility. You must live in one of the following states or the District of Columbia (Washington, D.C.) to be eligible for MyPay: Alabama, Alaska, Arizona, Arkansas, California, Delaware, District of Columbia (Washington, D.C.), Georgia, Florida, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, and West Virginia.
Optional services and products may have fees or charges, such as outbound instant transfers, out-of-network transactions, and credit products.
On Chime's Secure Site,
FDIC Insured
Customers Also Viewed These High Yield Savings Accounts:
Top choice for bonus + APY
Bonus: up to $300 with Direct Depositⓘ
Limited Time Offer: +0.70% Boost to 4.00% APY for up to 6 Months on New Accounts with Eligible Direct Deposit.
On SoFi's Secure Site,
Member FDIC
3.50% APY
On Synchrony Bank's
Secure Site, Member FDIC
Best For: High APY From a Fortune 500 Bank
Synchrony Bank is offering a 3.50% APY (annual percentage yield) on its High Yield Savings Account, that’s many times the national average. With no minimum balance to open and no monthly service fees, you can start earning more on your savings today.
Interest compounds daily and posts monthly, so your money is always working harder for you. Unlike CDs, you’ll still have full access to your cash whenever you need it. Perfect for an emergency fund or short-term goals.
Synchrony also makes managing your account easy: their mobile app gives you 24/7 access to your balance and transactions. And with FDIC insurance up to $250,000 per depositor, you’ll have peace of mind while your savings grow.
Founded in 2003, Synchrony is a Fortune 500 company and one of the largest consumer banks in the U.S., serving millions of customers nationwide. Terms Applyⓘ
See Synchrony Bank's Secure Site For More Details.
Annual Percentage Yield (APY) is subject to change at any time without notice. Offer applies to personal accounts only. Fees may reduce earnings. For High Yield Savings accounts, the rate may change after the account is opened. Visit synchrony.com/banking for current rates, terms and account requirements. Member FDIC.
Best For: High APY Interest Rates
Western Alliance Bank was founded in 1994, has over $80 billion in assets and is consistently ranked among the top banks.
They were ranked #1 Top-Performing Large Bank with Assets $50 billion and Above in 2021, 2022, & 2023 by American Banker. They were ranked again by American Banker and Bank Director as a top U.S. bank in 2022, 2023 and 2024.
Western Alliance Bank offers 3.80% APY exclusively through the Raisin Platform.
This APY is substantially higher than what you’ll find at most brick-and-mortar banks and even most online banks.
In addition to this high APY, Western Alliance offers $0 monthly maintenance fees, unlimited withdrawals, and is insured by the FDIC for up to $250,000 per depositor.
U.S. based customer service is available from 8 a.m. to 8 p.m. ET Monday - Friday. You'll have online access to your funds 24/7.
See Raisin's Secure Site for Western Alliance Bank For More Details.
What to Look for in a Checking Account
It’s always wise to compare your options when opening a new checking account.
Here are the top features to look for and compare:
1. Ease of Setting Up
Your checking account should be where you setup your direct deposit and where you pay bills from. Because of this, it needs to be easy to open an account, set up your direct deposit, and set up payees to pay bills.
All of the checking accounts we recommend have these features.
2. Monthly Fees
Monthly fees can eat into your paycheck fast. You should avoid them as much as possible. That’s why we recommend you focus on no monthly fee checking accounts to keep as much as your pay check as possible.
3. Required Initial Deposit
Does the bank require a large initial deposit? Are you comfortable depositing that much right away? These days, most banks will allow you to open an account with as little as $1 or even $0 dollars.
Some banks may offer a higher yield with a higher initial deposit. You’ll just need to decide whether that higher initial deposit will be worth any increase in yield.
4. Minimum Balance Required
Minimum balance required to maintain your account is another feature to keep a close eye on.
Most of the banks we recommend do not have large minimum balance requirements, if any minimum balance requirement at all.
The accounts we do recommend that have a higher minimum required balance are usually CD accounts, which you don’t want to open unless you want to lock up your money for 6 months, 12 months or longer.
5. Accessing Your Money
Accessing your money is very important with any checking account.
Almost all of the checking accounts we recommend come with a mobile app that gives you 24/7 access to your accounts.
Additionally, banks will issue a debit card for your checking account, that you can use physically, virtually, or contactless payments through your wallet app.
6. Transferring Your Money
As important as it is to access your accounts, you’ll likely need to transfer money in and out of your checking account often.
That’s why its important to pay attention to features like transfer or peer to peer payments with Zelle®.
7. Mobile Check Deposit
If you can’t set up direct deposit, or if sometimes you get paper checks having mobile check deposit will allow you to deposit checks into your account from anywhere.
Most checking accounts we recommend comes with mobile check deposit.
8. Overdraft Fees
Things happen. Sometimes we pay a bill or make a purchase that is more than the money in our accounts. Normally, this would incur an overdraft fee, usually these fees range betwen $25 – $50.
Most of the checking accounts we recommend do not have overdraft fees, because the last thing you need when you don’t have enough money in your account is another fee to pay.
With the above in mind, now you’re more confident to choose the right checking account for you.