Which checking account is right for you?

Apr 24, 2014 at 2:54 p.m. ET

Looking for a checking account that makes more sense with your current financial needs? We rounded up almost 500 checking accounts to find out which ones were the smartest options.

Woman using ATM
Photo credit: Miodrag Gajic / Istock / 360 / Getty images

The type of checking account that's best for you depends on your financial situation, savings goals and even the way you use your money. Of the nearly 500 accounts we looked into, these are the top five to consider.


State Street Bank Better Interest Checking

With unlimited checking and no fees or minimum balance requirements, we love the 2 percent APY interest rate, but the ATM fee refunds are a great perk, too.


American National Bank Smart Checking

American National Bank's Smart Checking option doesn't charge a monthly fee, but it still pays out a respectable 2.05 percent APY for those who qualify. There's also ATM fee reimbursement available in certain circumstances.


Salisbury Bank Interest Plus Checking

A 1.5 percent APY, no monthly fees, no minimum balance and up to $25 in ATM fee refunds per cycle make the Salisbury Bank Interest Plus Checking account one of the best finds on this list.


Bank Iowa Reward Checking

Can you tell yet that we love those interest-yielding checking accounts that don't make you pay monthly fees? The Reward Checking account from Bank Iowa is no different. There's also no minimum balance to earn your 1.5 percent APY. The only drawback is that there are no ATM refunds on ATMs outside your network.


Kearny Federal Savings Bank High Yield Checking

Even with the full benefits of a checking account, you can still earn 0.76 percent APY with no monthly fees or minimum balance. It even reimburses up to $25 of your non-network ATM fees per cycle. This one also has one of the lowest minimum opening balances we found at only $50.

Find the right bank for you

If none of these banks strike your fancy, check out the bank-finder widget above to find the one you'll fall in financial love with.

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