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Compare bank account fees
Spend and save freely by staying in-the-know about extra costs.
Top on the list of Frustrating Trivial Experiences is getting hit with a seemingly random bank account fee. The good news is that it’s possible to avoid most bank account fees with careful planning, diligence and by understanding your provider’s policies exactly.
The most common bank account fees
As the cynics say, “nothing is truly ever free.” In the case of extra bank accounts fees, they’re not wrong. Not every bank charges each type of fee, but you’ll want to read the fine print to see what extra costs you might incur, including:
Compare bank account fees below
Certain products charge no bank account fees at all, but keep in mind that this perk usually comes with conditions — like a required minimum monthly deposit.
If you’re interested in applying for an account with no monthly maintenance fees at all, here are a few options to consider:
|Capital One 360 Checking account||$0|
|Axos Bank Essential Checking||$0|
|Ally Interest Checking||$0|
High interest savings
It’s possible to grow cash without paying a cent. These high yield savings accounts from digital banks offer competitive APYs with no monthly maintenance fees in sight — you may even feel a little guilty getting away with it.
|Product||Account fees||Interest rate||Features and restrictions|
|Wealthfront Cash Account||$0||1.82%|
|Citizens Access Online Savings account||$0||1.85%|
|HSBC Direct Savings||$0||2%|
|Discover Online Savings Account||$0||1.7%|
Whether or not you choose a provider with no maintenance fees, there’s usually overdraft or foreign transaction fees waiting in the dark. The best way to avoid bank account fees is by keeping a close eye on your provider’s policies.
Before committing to a bank, shop the market to find a bank that meets your needs exactly to ensure you’ll have the best experience overall.
FAQs about bank account fees
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