World Stock Watch

Unlock the Power of High-Yield Online Checking Accounts

Are you tired of earning minimal interest on your checking account balance? Look no further! High-yield online checking accounts offer a way to earn interest on your money while still having easy access to your funds. With rates up to 7% APY, these accounts can help your money grow over time.

Top 10 High-Yield Online Checking Accounts

Our team compared over 20 high-yield online checking accounts to bring you the top 10 options. Here are the winners:

1. Primis Bank’s Novus Checking Account: 6.00% APY, no monthly fees, and a low minimum opening deposit of $1.
2. Connexus Credit Union’s Xtraordinary Checking Account: 1.75% APY, no monthly fees, and no minimum balance requirements.
3. Genisys Credit Union’s Genius High-Yield Rewards Checking Account: 6.75% APY, no monthly fees, and rewards on debit card purchases.
4. Primis Bank’s Premium Checking Account: 4.50% APY, no monthly fees, and early direct deposit.
5. Axos Bank’s Rewards Checking Account: 3.30% APY, no monthly fees, and rewards on debit card purchases.
6. Consumers Credit Union’s Rewards Checking Account: 5.00% APY, no monthly fees, and unlimited ATM fee reimbursement.
7. NBKC Bank’s Combination High-Yield Checking and Savings Account: 1.75% APY, no monthly fees, and fee-free ATMs.
8. OnPath Federal Credit Union’s Rewards High-Yield Checking Account: 7% APY, no monthly fees, and rewards on debit card purchases.
9. Lake Michigan Credit Union’s Max Checking Account: 3.00% APY, no monthly fees, and rewards on debit card purchases.
10. Hope Credit Union’s Rewards Checking Account: 5.12% APY, no monthly fees, and rewards on debit card purchases.

How High-Yield Online Checking Accounts Work

High-yield online checking accounts are similar to traditional checking accounts, but with higher interest rates. To earn the highest rates, you may need to meet certain requirements, such as setting up direct deposit or making a minimum number of debit transactions each month.

Benefits of High-Yield Online Checking Accounts

• Earn higher interest rates than traditional checking accounts
• Easy access to your funds
• Often come with rewards or cashback on debit card purchases
• May offer early direct deposit and ATM fee reimbursement

Choosing the Right Account for You

When selecting a high-yield online checking account, consider the following factors:

• APY and minimum balance requirements
• Monthly fees and ATM network size
• Overdraft fees and protection services
• Rewards or cashback offers
• Mobile app rating and customer service contact methods

By considering these factors, you can find the perfect high-yield online checking account to meet your financial needs.