High-interest checking accounts are growing in popularity, as they combine the best aspects of high-yield savings, with the ...

The average rate on an interest-earning checking account is an abysmal 0.07% . “Accounts offering interest are a way for the bank to bring in more deposits or appeal to customers with larger balances, ...

The average checking account interest rate is 1.75 times higher than it was in 2022, according to October data from WalletHub. But that often doesn’t mean much: Checking accounts that pay interest are ...

SoFi® offers a solid interest rate in addition to cash-back opportunities and a bonus. Monthly fee: None. Special features: A 0.50% APY on all balances and an opportunity to earn a bonus between $50 ...

The best banks for checking accounts have low fees, good customer support and free ATMs nearby. Some also offer rewards or earn interest. In 2025, Discover® Cashback Debit won NerdWallet’s annual ...

Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.

Standout benefits: The Capital One Kids Savings Account has a competitive APY, no fees and no account minimum. Starting at ...