If you keep a large balance in your checking account, a high-interest checking account may be right for you. Many checking accounts don’t pay any interest, but the accounts below pay impressive annual percentage yields (APYs) while keeping your money liquid.
Accounts that made the list not only have some of the best rates, but also provide essential checking account features like the ability to write checks, pay bills online, spend with a debit card, deposit checks remotely, and more. Plus, all have federally-backed deposit insurance to keep your money safe (funds are insured up to maximum limits).
NOTE: Most of the accounts only pay the highest rate on balances up to a certain limit, and only if you meet certain other requirements. For balances over the limit, the rate may drop steeply.
Learn more about the best high-interest checking accounts, along with highlights of each account, below the chart.
We partnered with the following banks to bring you the checking account offers in the table below. Under that, you’ll find additional details on our editors’ picks for the best high-interest checking accounts and rates as of December 2, 2020. All of the banks and credit unions listed are insured by the Federal Deposit Insurance Corporation (FDIC) or National Credit Union Administration (NCUA).