Best Online Bank

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Rankings are calculated based on verified user reviews, recency of updates, and community voting weighted by user reputation score.

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Best 1 Capital One 360 Checking
Capital One 360 Checking
Free Plan Available

Capital One 360 Checking appeals to seniors with its simple, no-fee structure and accessible customer support. The mobile app is highly rated for its ease of use and features like mobile check deposit...

9.5 Brilliant
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2 Ally Bank
Ally Bank
Free Plan Available

Ally Bank is a popular choice for seniors due to its consistently high-yield savings accounts and competitive interest rates on checking accounts. They offer a user-friendly mobile app for easy accoun...

9.5 Brilliant
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3 Discover Bank Online Checking
Discover Bank Online Checking
Free Plan Available

Discover Bank's Online Checking account combines a competitive APY with the potential for cashback rewards. Account holders can earn rewards by meeting certain monthly requirements, like making a dir...

9.3 Excellent
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4 Capital One 360
Capital One 360
Free Plan Available

Capital One 360 delivers a comprehensive online banking experience as part of one of America's largest financial institutions. It offers a full suite of banking products including checking and savings...

9.3 Excellent
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5 Axos Bank First Checking
Axos Bank First Checking
Free Plan Available

Axos Bank offers the 'First Checking' account, a digital-first solution specifically for teens aged 13-17. It provides a robust set of features including a debit card, mobile check deposit, and parent...

8.9 Very Good
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6 Synchrony Bank High Yield Checking
Synchrony Bank High Yield Checking

Synchrony Bank High Yield Checking offers a competitive interest rate on checking balances, a rare feature. It requires a minimum daily balance to avoid fees and offers mobile banking and bill pay. Wh...

8.8 Very Good
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7 UFB Direct High Yield Savings
UFB Direct High Yield Savings
Free Plan Available

UFB Direct, a division of Axos, offers a high-yield savings account designed for those who want to maximize their returns. They are known for aggressive rate adjustments that keep them competitive in...

8.8 Very Good
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8 Bank of the Internet USA
Bank of the Internet USA

Bank of the Internet USA provides a fully online banking experience with competitive interest rates on checking and savings accounts. It offers a range of services including mobile deposit and bill pa...

8.6 Very Good
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9 Varo Bank
Varo Bank

Varo Bank distinguishes itself as a fully chartered online bank offering a complete banking solution without any monthly fees or minimum balance requirements. It provides both checking and savings acc...

8.5 Very Good
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10 Radius Bank
Radius Bank

Radius Bank offers a checking account with a competitive APY and an early payday feature, allowing users to access their paychecks up to two days early. They also provide a savings account with a dece...

8.4 Very Good
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11 TAB Bank High Yield Savings
TAB Bank High Yield Savings

TAB Bank offers a solid high-yield savings account that balances competitive rates with a reliable banking infrastructure. They have been in the digital banking space for a long time, providing a leve...

8.3 Very Good
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12 Simple Bank (acquired by PNC)
Simple Bank (acquired by PNC)

Simple Bank, now integrated with PNC, was known for its budgeting tools and automatic savings features. While the original Simple Bank brand is phasing out, existing users benefit from PNCs infrastruc...

7.8 Good
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13 Bask Bank
Bask Bank

Bask Bank, launched by American Airlines, offers a unique proposition in the online banking space by allowing customers to earn American Airlines AAdvantage miles on their savings. Their Interest Earn...

7.8 Good
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14 BMO Alto Online Savings
BMO Alto Online Savings

BMO Alto is the digital-only arm of BMO, offering a straightforward high-yield savings account. It is a good option for those who want the backing of a large, stable bank without the overhead of physi...

7.7 Good
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15 EverBank Performance Savings
EverBank Performance Savings

EverBank (formerly TIAA Bank) offers a Performance Savings account that provides a solid yield for those who maintain a minimum balance. It is a good, reliable choice for established savers who have a...

7.6 Good
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16 Copper Bank
Copper Bank

Copper Bank is a newer online bank focused on providing a simple and accessible banking experience. They offer a checking account with early paycheck access and a savings account with competitive rate...

7.5 Good
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17 Mercury
Mercury

Mercury is the gold standard for tech-enabled startups and high-growth companies. It offers a sophisticated banking experience with robust API access, allowing developers to automate financial workflo...

7.3 Good
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18 First Foundation Bank Online Savings
First Foundation Bank Online Savings

First Foundation Bank offers an online savings account that provides a decent yield for those looking to diversify their banking. It is a good, reliable option for savers who want to move money away f...

6.9 Fair
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19 CIT Bank Savings Connect
CIT Bank Savings Connect

CIT Bank's Savings Connect account is a good, middle-of-the-road option for those looking for a high-yield account from a well-known name. It offers a competitive rate and the security of a large inst...

6.9 Fair
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20 SoFi Cash Rewards Visa
SoFi Cash Rewards Visa

The SoFi Cash Rewards Visa offers 1.5% cashback on all purchases. Its a straightforward rewards card with no annual fee, issued by an online bank. SoFi cardholders also receive access to SoFi's financ...

6.8 Fair
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21 Lendio
Lendio

Lendio is not a lender itself, but a massive marketplace that connects business owners with over 75 different lenders. By filling out one application, you can receive multiple offers, allowing you to...

6.8 Fair
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22 Current
Current

Current is a modern mobile banking platform targeting younger customers and families with its innovative approach to everyday banking. It offers a spending account with a Visa debit card, joint accoun...

6.5 Fair
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23 Payoneer
Payoneer
Free Plan Available From $5/month or Free

Payoneer specializes in cross-border payments and mass payouts for businesses, freelancers, and marketplaces. It enables users to receive funds in multiple currencies via local bank details. It target...

6.5 Fair
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24 Novo
Novo
Free Plan Available

Novo is a mobile-first banking platform that prioritizes simplicity and speed for freelancers and small business owners. It is famous for its 'no-fee' philosophy, including the refunding of ATM fees w...

6.3 Fair
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25 Relay
Relay

Relay is a powerful banking platform designed specifically for small businesses. It excels by offering up to 20 individual checking accounts, allowing owners to compartmentalize their finances for tax...

6.0 Fair
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26 Bluevine
Bluevine

Bluevine stands out by offering a high-yield business checking account that helps your idle cash work harder. It is specifically designed for small business owners who want to earn interest on their b...

5.8 Average
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27 Revolut Business
Revolut Business

Revolut Business is a comprehensive financial platform that goes beyond simple payments. It provides businesses with multi-currency accounts, corporate cards for employees, and powerful expense manage...

5.5 Average
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28 N26 Business
N26 Business

N26 Business is a digital bank primarily serving businesses in Europe. It offers business accounts, payment processing, and expense management tools. While it's not available in all countries, it prov...

5.2 Average
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29 Xero Business Bank
Xero Business Bank

Xero Business Bank is a partnership between Xero accounting software and a third-party bank. It offers business checking accounts integrated with the Xero platform. While it simplifies accounting and...

5.0 Average
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30 Wise Business
Wise Business
Free Plan Available From Free (with transaction fees)

Wise Business is the enterprise-grade version of the popular Wise platform. It is specifically designed for businesses that need to manage international operations, pay remote teams, and receive payme...

4.8 Poor
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