The lure of online banks’ low fees, high interest rates, and great rewards have led to shift in how banking is being done these days. However, this shift has left many people wondering who to bank with, and luckily for consumers, there are a handful of online banks that are willing to fight for your business.
If you’ve been loyal to your local small bank or credit union, or you’re trapped at one of the large mega-banks, then take a few moments and see what you have been missing.
Below are the best online banks that I recommend and a couple of them are places that I personally have bank accounts with (PerkStreet, EverBank, and Ally specifically).
When it comes to figuring out who to bank with, these banks pass the standards that I look for:
If you’re interested in high interest rates then you’re going to be hard-pressed to find a better offering than EverBank!
Open an EverBank Account today!
Read our full review on PerkStreet Financial – Best Online Checking Account.
The articles are written by personal finance enthusiasts (not certified professionals) based on their personal experience. What works for them may or may not work for you, and you should always consult a financial advisor before making important financial decisions.
In accordance with FTC guidelines, we disclose that we have a financial relationship with companies mentioned in this website. This may include receiving access to free products and services for product and service reviews and giveaways.
Any references to third party products, rates, or websites are subject to change without notice. We do our best to maintain current information, but due to the rapidly changing environment, some information may have changed since it was published. Please do the appropriate research before participating in any third party offers.