Finder's pick for high-APY checking: Axos Bank Rewards Checking
- No monthly maintenance fees
- Unlimited domestic ATM fee reimbursements
- No overdraft or NSF fees
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.
Updated . What changed?
Before you choose a high-interest checking account, compare these factors to find the best one for you:
If you’re not completely set on a high-interest checking account, here are some similar alternatives to explore:
High-interest checking accounts have the same FDIC insurance as other bank accounts and come with these benefits and drawbacks:
An interest-bearing checking account allows you to earn interest on your balance but typically at a lower rate than you’ll find with a savings account. Because the rate’s lower, it won’t replace traditional or high-yield savings, but a little growth each month can’t hurt.
Read the fine print of your account’s terms and conditions for minimum deposits or balances required to trigger the interest rate.
An interest-bearing checking account can earn you a little extra on your balance intended for regular payments. But it doesn’t replace a savings account for long-term savings.
To keep your nest egg safe, compare savings accounts to find the highest APY you’re eligible for.
This digital checking account teaches your teen healthy money habits through interactive quizzes and an intuitive mobile app.
Learn how this high-interest account can boost your savings goals.
Build your credit with this unsecured credit card.
A bank account for kids that helps your child develop healthy money habits early on. Powered by Greenlight.
The Nationwide Advantage checking account offers a decent APY and no fees.
No minimum balance is required, but the APY isn’t competitive with other online banks.
Do you use a spreadsheet to manage your budget? Automate it with Tiller Money.
Earn rewards on your Wyndham purchases and get complimentary elite status.
Earn rewards on travel, dining, public transportation and other categories you spend the most in.
Earn rewards on your Wyndham purchases and get Wyndham benefits with elite status.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.