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 UFB Direct High Yield Savings
UFB Direct High Yield Savings

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...

8.6 Very Good
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2 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...

8.4 Very Good
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3 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...

7.8 Good
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4 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...

7.5 Good
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5 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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6 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...

6.8 Fair
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7 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...

6.8 Fair
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8 Popular Direct Online Savings
Popular Direct Online Savings

Popular Direct offers a high-yield savings account that is often marketed with very competitive rates. However, the user experience is frequently cited as a pain point, with reports of clunky website...

4.5 Poor
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