Best rewards checking accounts 4x3

The best rewards checking accounts of June 2020
Bank
Standout feature
Opening deposit
APY

Radius Bank Rewards Checking Account

Best for cash back rewards
$100
0.10% – 0.15% APY

Axos Bank Rewards Checking

Best interest rate for banks
$50
Up to 1.25%

Consumers Credit Union Free Rewards Checking Account

Best interest rate for credit unions
$5
0% – 4.09% APY

Wells Fargo Everyday Checking Account

Best for a sign-up bonus
$25
None

When you think of bank accounts that offer the best bang for your buck, your mind might jump to a high-yield savings account, money market account, or CD.

In many cases, checking accounts are just places to hold your cash until you spend it. But a rewards checking account can work just as hard for you as a savings account can.

A good rewards checking account should offer a promotion that’s enticing enough to make you choose that account over any other. The reward should also be relatively easy to obtain, whether it’s cash back, interest, or a sign-up bonus.

You also don’t want to sign up for a checking account that offers a great reward, only to be bogged down by high fees or poor customer support once you’ve opened the account. It’s important that a rewards checking account be a good fit overall.

Below we’ve listed our picks for the best rewards checking account right now. We know “best” means something different for everyone, so we’ve listed each bank account’s strengths, as well as its limitations.

How our list compares to other publications

Research is an important part of choosing a rewards checking account, and Business Insider isn’t the only website looking for the best rewards. To help you make a decision, we’ve compared our top picks with lists from other publications.

Keep in mind that each publication has different methodologies for identifying the “best” rewards checking accounts. We included a checkmark under each …read more

Source:: Business Insider

      

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