Reviews | Best Online Banking Accounts

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Reviews Articles

Reviews for the Best Online Bank Accounts 2025

Choosing the right online bank is key to your financial health. Our in-depth reviews will help you decide
which online bank to choose.

Reviews for the Best
Online Bank Accounts 2025

Choosing the right online bank is key to your financial health. Our in-depth reviews
will help you decide which online bank to choose.

Reviews for the Best
Online Bank Accounts 2025

Choosing the right online bank is key
to your financial health. Use our reviews
to help guide your choice.

SoFi Review

January 22, 2024

SoFi secured its bank charter in 2022, and now presents a range of online banking services—notably a combined checking and savings account. With this account, you benefit from an Annual Percentage Yield (APY) of up to 3.80%, and zero overdraft or account fees.

American Express Savings Overview

December 17, 2024

American Express (AMEX) is one of the top banks in the country trading out of New York City. Established in 1850, it offers a range of financial products, including savings, checking, and business accounts, IRAs, credit cards, and prepaid cards. AMEX’s high yield savings account is free to use and doesn’t require a minimum monthly balance. All deposits are insured up to $250,000 with the FDIC, and you can open an account in just a few minutes.

Discover Review

August 07, 2024

Discover offers no-fee checking and savings accounts with no minimum balance requirement. The checking account provides 1% cash back on debit card purchases and lets you get your paycheck two days early when you set up direct deposit. Its online savings account has a generous APY and no minimum opening deposit. The accounts are easy to open, and you can manage them on the go in the app. Discover also provides 24/7 customer support.

Synchrony Review

September 03, 2024

Headquartered in Dallas, Synchrony is an app-based bank providing savings and credit card products across the US. Its savings products include high-yield accounts, certificates of deposit, and money market accounts. In addition to paying impressive rates, the bank doesn’t charge monthly fees or require a minimum deposit. Synchrony’s membership in the FDIC scheme also means that savings are federally insured up to $250,000

Axos Bank Savings Review

February 05, 2025

Axos Bank’s ONE® is a checking and savings bundle account that charges no monthly maintenance fees and offers expanded FDIC insurance on deposits up to $265 million. While it doesn’t have minimum balance requirements, you’ll need to meet certain deposit and daily balance qualifications to earn the highest promotional annual percentage yield (APY).

CIT Savings Review

June 19, 2024

CIT Bank is an online bank that offers multiple fee-free savings accounts with rates up to 4.10% APY. All CIT Bank savings accounts compound interest daily, increasing the amount you earn. You can also deposit checks straight to your CIT Bank savings account and transfer money easily. It only takes a few minutes to open a new account, and the minimum deposit for all savings accounts is only $100.

LendingClub Online Savings Review

January 20, 2025

LendingClub offers a high-yield LevelUp savings account that doesn’t require a minimum balance and charges no monthly maintenance fees – but if you deposit $250 or more per month, you earn an even higher APY. You can open an account in only a few minutes and manage it through LendingClub’s top-rated mobile app or online. Balances are FDIC-insured.

American First with Raisin Review

September 17, 2024

Raisin is a digital financial platform and marketplace with exclusive partnerships offered through various partner banks. Your money is held with American First, but you manage the account through the Raisin platform. You can apply online in minutes and feel secure knowing your data is protected and the account is FDIC insured up to $250,000.

Our Best Online Banking Accounts

Sofi

AMEX

Discover

Synchrony

Axos

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