3.80% APY
Earn up to a $400 cash bonus when you open a new SoFi Checking and Savings account online with direct deposit.
$0
$0
No transaction limits
SoFi Checking and Savings stands out as the top choice because it offers a competitive APY of up to 3.80% with no monthly fees and no minimum balance requirements. This account is designed for those looking to maximize their savings without incurring costs, making it an excellent option for savvy savers.
Pros:
- High APY
- No monthly fees
Cons:
- Variable rates
2.Capital One 360 Checking
Capital One
0.10% APY
Use promo code CHECKING250 to open a new 360 Checking account, receive 2 direct deposits of $500+ in 75 days, and earn a $250 bonus!
$0
$0
No transaction limits
What sets Capital One 360 Checking apart is its straightforward fee structure and the ability to earn a bonus for new customers. With no monthly fees and a simple way to avoid them, this account is particularly appealing for those who want a hassle-free banking experience.
Pros:
- No monthly fees
- Easy to waive fees
Cons:
- Low interest rate
3.Axos Bank Rewards Checking
Axos Bank
3.30% APY
Axos Bank offers up to a $300 welcome bonus on its Rewards Checking account using promo code AXOS300.
$0
$0
Unlimited domestic ATM fee reimbursements
The standout feature here is the potential to earn up to 3.30% APY, which is significantly higher than many competitors. Axos Bank Rewards Checking is ideal for those who can meet the monthly activity requirements to unlock the maximum yield.
Pros:
- High APY
- Unlimited ATM reimbursements
Cons:
- Requires monthly activity for maximum APY
4.Chase Total Checking
Chase
0%
New Chase Total Checking account holders can earn a $400 welcome bonus by opening an account online or in-branch and setting up direct deposits totaling $1,000 or more within 90 days.
$15
$0
No transaction limits
Chase Total Checking is the best option for those who value a large welcome bonus and the convenience of a well-established bank. Despite its monthly fee, the ability to waive it makes this account a strong contender for everyday banking.
Pros:
- Large welcome bonus
- Widely accessible branches
Cons:
- Monthly fee can be high
5.Huntington Bank Perks Checking
Huntington Bank
0.02% APY
Huntington Bank offers a $400 welcome bonus for opening a new Perks Checking account.
$10
$0
No transaction limits
Huntington Bank Perks Checking shines for its combination of interest earnings and a welcome bonus. While the interest rate is modest, the account's features and the potential to waive the monthly fee make it a solid choice for those looking for perks.
Pros:
- Interest-bearing account
- Waivable monthly fee
Cons:
- Low interest rate
6.Fifth Third Bank Momentum® Checking
Fifth Third Bank
N/A
Fifth Third Bank offers a $350 welcome bonus for new checking accounts.
$0
$0
Access to over 40,000 fee-free ATMs
Fifth Third Bank Momentum® Checking is highly popular for its no-fee structure and ease of access to ATMs. This account is designed for those who want straightforward banking without the burden of monthly fees.
Pros:
- No monthly fees
- Access to a large ATM network
Cons:
- Limited interest earning potential
7.TD Beyond Checking
TD Bank
0.01% APY
New TD Beyond Checking customers can earn a $300 welcome bonus.
$25
$0
Unlimited worldwide ATM fee reimbursements
TD Beyond Checking is tailored for customers who appreciate premium banking features and are willing to maintain higher balances to avoid fees. The account's perks, such as unlimited ATM reimbursements, make it a compelling choice for frequent travelers.
Pros:
- Premium banking perks
- Unlimited ATM reimbursements
Cons:
- High monthly fee
Did you know?
A checking account is for everyday spending and bill pay. Pair it with a separate savings accounts for emergency funds so you are not tempted to drain money you need later.
Final Words
In conclusion, as you navigate the landscape of checking bank accounts this July 2026, remember that options like SoFi Checking and Savings offer competitive APYs and no minimum balance requirements. Take the time to compare features, fees, and benefits to find the account that best suits your financial needs.
Frequently Asked Questions
The APY for SoFi Checking and Savings is 3.80%.
No, SoFi Checking and Savings has a monthly fee of $0.
Capital One 360 Checking offers a 0.10% APY and has no monthly fee of $0.
Axos Bank Rewards Checking offers an APY of 3.30%.
None of the accounts mentioned, including SoFi Checking and Savings, Capital One 360 Checking, and Axos Bank Rewards Checking, have minimum balance requirements.
The APY for these checking accounts is variable and subject to change at any time.
Choosing a checking account with no monthly fees can help you save money, as you won’t incur unnecessary charges that can add up over time.
SoFi Checking and Savings offers the highest APY at 3.80% in July 2026.
