Best High-Yield Checking Accounts

Why we like it: The mph.bank Free Checking Account offers a 4.00% APY on balances up to $50,000, no monthly fees, no overdraft fees and no minimum deposit required to open. Even for interest-bearing bank accounts, this is one of the best checking accounts on the market today. 

What we don’t like: With no physical presence, mph Bank’s checking account is best suited for online transactions.

Who should get it: Anyone looking to get a great APY on their checking account, alongside very low fees, should check the mph.bank Free Checking Account out.

Why we like it: The Primis Premium Checking account provides a 3.70% APY on any balance. It has no monthly fees, no overdraft fees, and requires no minimum deposit to open. Among interest-bearing bank accounts, this is one of the best checking options available today.

What we don’t like: With physical branches only in Maryland and Virginia, Primis Bank is better suited for online use.

Who should get it: If you’re looking for the best APY on a checking account, then the Primis Premium Checking account is the one for you.

Why we like it: Woodforest National Bank Platinum Plus Checking comes with an APY of 0.50% regardless of your balance.

What we don’t like: An APY of 0.50% is better than most large bank offers, but it’s still way below many other checking accounts on this page. Plus, it comes with a $25 monthly fee.

Who should get it: Anyone looking to do banking face to face but still in need of an account with interest should give the Woodforest National Bank Platinum Plus Checking a chance.

Why we like it: The Schwab Bank Investor Checking comes with an APY of 0.05%, no monthly fees and no overdraft fees. 

What we don’t like: An APY of 0.05% is better than most large bank offers, but it’s still way below many other checking accounts on this page.

Who should get it: Anyone looking to do banking face to face but still in need of an account with interest and low fees should give the The Schwab Bank Investor Checking a chance.
 

Why we like it: The Capital One 360 Checking Account is our pick for the best checking account for international travel on account of its lack of foreign transaction fees for purchases and ATM withdrawals, as well as a lack of overdraft fees.

What we don’t like: While Capital One is an established and trustworthy bank, the 0.10% APY for this account is way below most offers.

 Who should get it: If you’re planning on travelling and want a great checking account for it, the Capital One 360 Checking Account is definitely for you.
 

Why we like it: Connexus Credit Union Teen Checking is a great choice for students, due to its 2.00% APY, lack of monthly fees and $0 minimum required deposit.

What we don’t like: While membership for the Connexus Credit Union is easy to get, it’s still something that can dissuade some people.

Who should get it: Students looking for great interest rate, little to no fees and the flexibility that comes with it should check out the Connexus Credit Union Teen Checking.
 

Why we like it: With no monthly fees, no deposit requirements for opening, and no overdraft fees, the SoFi® Student Checking and Savings is one of the best student checking accounts out there.

What we don’t like: With just an APY of 0.50%, it’s better than nothing, but lower than any other checking account on this page.

Who should get it: If you feel more comfortable working with a large bank, but still want to avoid fees and get a little interest, then the Capital One Money Teen Checking account is the best one for you.
 

Why we like it: The Bluevine Premier Business Checking account offers 3.25% APY, no deposit fees, no transaction limits, and no overdraft fees.

What we don’t like: This account comes with a $95 monthly fee.

Who should get it: If your business is comfortable operating online, and wants to get some interest on its deposits, then the Bluevine Premier Business Checking account would be a great choice.