Compare Checking Accounts
CHOOSING A CHECKING ACCOUNT
When thinking about which financial product that you use the most everyday, your checking account should come to mind. Whenever you use your debit card to make a purchase, withdraw cash from an ATM, or pay your credit card bill, your checking account comes into play. Casavvy allows you to compare the best checking accounts available today to help you get the most for your money. With so many options out there it is important to be able to compare interest rates, fees, and available to options to find the best checking account that’s right for you.
Whether you are opening a joint checking account, online checking account, online business checking account, or a student checking account, its important to know all of the options that are available. A lot of online checking accounts are able to offer no fee options that also offer a competitive interest rate. These online checking accounts are able to offer the best interest rates with no fees because they do not have the overhead that physical banking branches do. The only drawback is that you do not have the convenience of going down the road to a physical banking branch to do your banking business. But with mobile banking and the ability to everything you need online, your need to drive down to a physical banking branch may be coming to an end. Almost all online banks that offer online checking accounts have everything you need on their website, and most have mobile apps that allow you to access all of your banking needs wherever you are, including the ability to make mobile check deposits.
Checking Account Offers
- One of the highest interest rates offered on a checking account: 0.60% APY when balance is over $10,000
- No monthly fee when you sign up for direct deposit and use your debit card at least 8 times each month. Or keep over $10,000 in combined deposits in your Nationwide accounts to avoid debit card requirement
- 76,000 fee free ATM’s nationwide
- Fee free online and mobile checking account
- No minimums and your money earns interest everyday
- 38,000 fee free Allpoint ATM’s and 2,000 fee free Capital One ATM’s
- Interest Rate: 0.20% APY up to $50,000, 0.75% APY $50,000 – $100,000, 0.90% APY $100,000 and up
When looking for the best high yield checking account or high interest checking account the most important factor that you will look at is fees and the interest rate you will earn on the money that is in your account. Be sure to note that just because a checking account offers the highest interest rate doesn’t mean it will be the best choice for you. Checking account fees can diminish the interest that you are earning therefore costing you money. Depending on the account that you are looking at and the amount of money that you plan to deposit can determine the rates that you could incur.
Our main goal here at Casavvy is to help our users get the most out of their money. Most high interest checking accounts compound their interest daily. Therefore leaving as much of your money in your account for as long as possible will yield the most return from your interest rate. Every time you use your debit card you are withdrawing money from your account. If you choose to use a credit card to make all of your purchases then you allow the money in your checking account to stay there until your pay your credit card bill at the end of them month. If you pay your credit card bill in full each month (therefore avoiding paying any interest) and are earning rewards from your card as well then you will have a nice bonus for yourself at the end of each month.
With online banks being able to offer the best high interest checking accounts that can offer an interest rate of 40x that of some physical banks, they are worth taking a look at. Let Casavvy do the homework for you and give you the information you need to find the best checking account that is right for you.