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finder.com’s rating: 4.2 / 5.0
★★★★★
Nationwide’s Direct Checking account, offered through Axos Bank, has no required opening deposit, but if you don’t set up direct deposits, you’ll pay a $5 monthly maintenance fee. The account is also subject to daily limits on your debit card transactions and ATM withdrawals.$5 per month
Fee
N/A
APY
$0
Minimum deposit to open
APY | N/A |
---|---|
Fee | $5 per month |
To waive the fee | OR set up direct deposits |
Minimum deposit to open | $0 |
ATMs | 91,000 free ATMs across the country |
ATM fee rebates | Up to $30.00 domestic ATM fees per month |
Nonsufficient funds fee | $25 |
Review by
Heather Petty is a writer at Finder specializing in banking, investments and insurance. She's a self-proclaimed word nerd who worked as a technical writer and editor for the casino systems industry and is an internationally published young adult mystery author. Heather earned a bachelor’s degree in English from the University of Nevada, Reno.
But there are quite a few drawbacks to consider, such as daily spending and withdrawal limits on your debit card, and a $5 monthly fee for anyone not using direct deposit.
Follow these seven steps to open a Nationwide account by Axos Bank:
You must meet the following eligibility requirements to open an account:
Have the following information ready before you apply:
The accounts comes with the following benefits:
Your Nationwide account allows you to use Axos Bank’s network of 91,000 free ATMs across the country. If you use an out-of-network ATM, your Direct Checking account will reimburse you up to $30 a month in domestic ATM fees. You can find the nearest ATM by using the locator map on the website.
Axos Bank is also a member of the Green Dot network, which allows you to deposit cash onto your debit card at retail locations for a $4.95 fee.
Keep the following drawbacks in mind before you apply:
If you want more control over your account, check out our best checking accounts guide to find an account that meets your needs.
Although there are no branches, you can access your money in several ways:
You can contact customer service any time of the week:
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.