Comments on: Best Online Checking Accounts

By: Catherine

Catherine — Wed, 10 Aug 2011 07:08:04 +0000

Don’t you need an existing checking account to use these?

By: Tobby

Tobby — Tue, 15 Mar 2011 19:29:56 +0000

This is because of a regulatory issue. I had the same problem making multiple transfers out of my chase savings account.

By: Raquel

Raquel — Tue, 11 May 2010 15:48:09 +0000

TD bank doesn’t charge for Quicken access.

By: Scotty

Scotty — Sun, 07 Mar 2010 17:17:53 +0000

I have moved to USAA where ATMs, checks, Bill Pay, and everything thing else is free, along with interest.

By: Joseph

Joseph — Sat, 06 Feb 2010 14:27:03 +0000

I have PerkStreet and I would recomend it. The 1% really adds up and they give their customers opportunity to earn more points/money by taking surveys. I’ve earned more cash back than I would with a card with apy

By: govenar

govenar — Sat, 16 Jan 2010 08:43:02 +0000

I wouldn’t call Everbank “Best Interest Rate” if it’s only for 3 months. I recently opened an online checking account at IncredibleBank that pays 2.02%.

By: Chris

Chris — Fri, 08 Jan 2010 23:47:51 +0000

I’ve had Charles Schwab for several year now. Other than not having a physical location, its been fantastic. I’m in my early 20′s, I rarely need to walk into a bank. I also have the charles schwab credit card that gives me back 2% each month on my purchases and deposits it in my brokerage account.

So I’m making interest on the money that sitting in the checking account and the credit card purchases each month.

By: Nick

Nick — Mon, 04 Jan 2010 23:29:02 +0000

I’m surprised nobody mentions USAA in these lists, since their online banking is open to the general public and is a great deal once you consider all the free stuff they include. Here’s what stuck out to me, there’s probably more:

- Free postage-paid deposit envelopes
- $15/month in atm fee redemptions
- Zero-fee overdraft from an attached USAA savings and/or credit card (configurable via site)
- 0.1% interest (meh) for amounts beyond the first $1000
- When transferring money via the USAA website, its immediately listed as available. Haven’t “tested” this though..
- Also important to me is that I actually *like* USAA as an institution, which is very unusual for a bank, especially these days

Once my checking is fully switched over, I might also open a credit card with USAA, even though I technically get better features (specifically a higher cashback %) on my cards elsewhere. However, I’ll probably still keep my emergency fund in separate higher-rate accounts (currently in Ally no-penalty CDs).

By: Ryan

Ryan — Mon, 21 Dec 2009 11:31:18 +0000

I ran into that problem as well. Now I only have my mortgage and my primary credit card pulling from that account. The rest pull from my Electric Orange Checking. This allows me to keep a fairly low balance in the checking. Seems to be a nice balance of maximizing my returns while following their rules. Plus I have the freedom to make 4 other withdrawals if needed.

By: aua868s

aua868s — Sun, 20 Dec 2009 07:28:44 +0000

Ally Bank’s money market account is very close to a checking account….nice about it is it offers 1.5%/years interest as well!

By: Ryan

Ryan — Fri, 18 Dec 2009 17:03:10 +0000

I’m getting 4.3% from my checking account. 10 debit transactions per month and direct deposit required.

By: lagreat

lagreat — Thu, 17 Dec 2009 15:34:07 +0000

PerkStreet Financial offers seems to have expired!

By: skadoo323

skadoo323 — Wed, 16 Dec 2009 03:02:25 +0000

USAA isn’t bad at all, but they don’t have high account rates.

By: Anonymous

Anonymous — Wed, 16 Dec 2009 02:00:21 +0000

I personally believe that USAA is the best online banking…anyone else agree?

By: Moneyblogger1

Moneyblogger1 — Tue, 15 Dec 2009 18:29:38 +0000

I’ve been banking online for three years and love it. I have set all my bill to be paid automatically and I have a Tax-Free savings account. They also have pavilions beside the ATM were you can walk in and talk to a President’s Choice Financial representative, for that added security and help. I think its great!