ⓘ Last updated at 04/01/2026
Our Best Online Banks of April 2026
Take control of your financial future today! Compare online accounts with exclusive deals & 24/7 access.
Which account are you looking for?
Best for Large Deposits
1
9.9
5 out of 5 stars
Exceptional
SoFi: Checking and Savings
🏆 Earn Up to 4.00% APY (up from 3.30%)
Limited-Time Offer: +0.70% Boost on Savings APY to up to 4.00% for up to 6 months on new accounts. Terms apply.
Earn $50 or $400 when you sign up and set up a eligible direct deposit
$0.00 Monthly Fees
$0.00 Min Deposit to Earn APY
The savings account to help you reach your financial goals
SoFi: Checking and Savings
🏆 Earn Up to 4.00% APY (up from 3.30%)
Limited-Time Offer: +0.70% Boost on Savings APY to up to 4.00% for up to 6 months on new accounts. Terms apply.
Earn $50 or $400 when you sign up and set up a eligible direct deposit
$0.00 Monthly Fees
$0.00 Min Deposit to Earn APY
The savings account to help you reach your financial goals
Member FDIC
9.9
5 out of 5 stars
Exceptional
Learn MoreOn Sofi's secure website
2
9.7
5 out of 5 stars
Exceptional
American Express® High Yield Savings Account
Variable annual percentage yield: 3.20% as of 3/18/26¹
Monthly fees: $0 ²
Min to obtain APY: $0²
American Express® High Yield Savings Account
Variable annual percentage yield: 3.20% as of 3/18/26¹
Monthly fees: $0 ²
Min to obtain APY: $0²
Member FDIC
9.7
5 out of 5 stars
Exceptional
Learn MoreOn American Express's secure website
3
9.5
4.5 out of 5 stars
Outstanding
HSBC Premier Checking
Earn up to $5,000, Offer ends June 30, 2026
Send money internationally, securely, quickly and fee-free in the HSBC mobile app with our award-winning HSBC Global Money Transfers
Earn our best savings rate with a Premier Relationship Savings account for an introductory period and thereafter if you qualify
Enjoy peace of mind with unique travel benefits available through our credit cards
HSBC Premier Checking
Earn up to $5,000, Offer ends June 30, 2026
Send money internationally, securely, quickly and fee-free in the HSBC mobile app with our award-winning HSBC Global Money Transfers
Earn our best savings rate with a Premier Relationship Savings account for an introductory period and thereafter if you qualify
Enjoy peace of mind with unique travel benefits available through our credit cards
FDIC Insured
9.5
4.5 out of 5 stars
Outstanding
Learn MoreOn HSBC's secured website
4
9.3
4.5 out of 5 stars
Excellent
Alliant: Checking
Apply to open an account online in minutes
Enjoy Early Payday on eligible direct deposits for up to 2 days
Monthly fees: $0.00
Federally insured by NCUA
Alliant: Checking
Apply to open an account online in minutes
Enjoy Early Payday on eligible direct deposits for up to 2 days
Monthly fees: $0.00
Federally insured by NCUA
9.3
4.5 out of 5 stars
Excellent
Learn MoreOn Alliant's secured website
Compare top banking offers handpicked by our financial experts. Discover competitive rates and trusted institutions, with full FDIC/NCUA protection for your funds
647,250+
Customers used pickmybank.com in 2024 to make better & smarter financial decisions
Customers used pickmybank.com in 2024 to make better & smarter financial decisions
Perfectly Safe
Your funds are fully FDIC/NCUA insured and secured by top banking platforms
Your funds are fully FDIC/NCUA insured and secured by top banking platforms
Compare Our Best Online Savings Accounts
Choose our Top High-Yield Interest Account & Start Saving
Best for Large Deposits
1
9.9
5 out of 5 stars
Exceptional
SoFi: Checking and Savings
🏆 Earn Up to 4.00% APY (up from 3.30%)
Limited-Time Offer: +0.70% Boost on Savings APY to up to 4.00% for up to 6 months on new accounts. Terms apply.
Earn $50 or $300 when you sign up and set up a eligible direct deposit
$0.00 Monthly Fees
$0.00 Min Deposit to Earn APY
The savings account to help you reach your financial goals
SoFi: Checking and Savings
🏆 Earn Up to 4.00% APY (up from 3.30%)
Limited-Time Offer: +0.70% Boost on Savings APY to up to 4.00% for up to 6 months on new accounts. Terms apply.
Earn $50 or $300 when you sign up and set up a eligible direct deposit
$0.00 Monthly Fees
$0.00 Min Deposit to Earn APY
The savings account to help you reach your financial goals
Member FDIC
9.9
5 out of 5 stars
Exceptional
VIEW RATESOn Sofi's secure website
2
9.7
5 out of 5 stars
Exceptional
American Express® High Yield Savings Account
Variable annual percentage yield: 3.20% as of 3/18/26¹
Monthly fees: $0 ²
Min to obtain APY: $0²
American Express® High Yield Savings Account
Variable annual percentage yield: 3.20% as of 3/18/26¹
Monthly fees: $0 ²
Min to obtain APY: $0²
Member FDIC
9.7
5 out of 5 stars
Exceptional
VIEW RATESOn American Express's secure website
3
9.5
4.5 out of 5 stars
Outstanding
Barcalys Tiered Savings
APY begins at 4.00%
$200 Bonus when opening an account. Terms Apply*
No monthly fees or opening minimums
Access your funds 24/7
Barcalys Tiered Savings
APY begins at 4.00%
$200 Bonus when opening an account. Terms Apply*
No monthly fees or opening minimums
Access your funds 24/7
Member FDIC
9.5
4.5 out of 5 stars
Outstanding
VIEW RATESOn Barclay's secured website
4
9.3
4.5 out of 5 stars
Excellent
Valley Bank Savings, Member FDIC
Earn 4.03% APY
New customers can earn up to $2,000 with qualifying deposits¹
Use promo code GIFT
24/7 online access to funds
Valley Bank Savings, Member FDIC
Earn 4.03% APY
New customers can earn up to $2,000 with qualifying deposits¹
Use promo code GIFT
24/7 online access to funds
Member FDIC
9.3
4.5 out of 5 stars
Excellent
VIEW RATESOn Valley's secured website
Featured In
Open an account today
Fund your account
Enjoy seamless banking
Our Top Offer
Discover key differences that make AMEX the smarter choice for online checking or savings.
1
9.9
5 out of 5 stars
Exceptional
American Express® High Yield Savings Account
Variable annual percentage yield: 3.30% as of 04/01/2026¹
Monthly fees: $0 ²
Min to obtain APY: $0²
American Express® High Yield Savings Account
Variable annual percentage yield: 3.30% as of 04/01/2026¹
Monthly fees: $0 ²
Min to obtain APY: $0²
Member FDIC
9.9
5 out of 5 stars
Exceptional
VIEW RATESOn American Express's secure website
Our Best Online Bank Accounts
We use our banking expertise to evaluate the features, fees, and reliability of top banks. By assessing security, accessibility, and customer experience, we deliver clear, trustworthy insights to users seeking the right account. Our goal is to make opening an online bank account simple and assured.
Open Your Bank Account in minutes
Opening an online bank account makes managing money secure and convenient. Our best online banks offer low fees, easy access, and modern tools. With PickYourBank, you can open a bank account in minutes and enjoy seamless online banking—check balances, pay bills, and transfer money anytime.
Online Banking benefits you should know
Modern online banking goes beyond storing money—it offers bonuses, strong rates, and tools to manage finances efficiently. The best banks make opening an account simple with sign-up perks and lasting benefits. The right account helps you reach goals faster and manage your financial life with ease.
Easy to manage. Easy to understand.
Sharing knowledge from our experts is what we believe make our customers trust us
- Access your account anytime, anywhere with online and mobile banking, making it easy to manage your finances on the go.
- Many online banks offer reduced fees or no fees at all, helping you save on monthly maintenance costs and other charges.
- Online banks often offer competitive interest rates on checking accounts, allowing your money to grow more compared to traditional banks.
- Simplify paying bills, setting up direct deposits, and transferring funds between accounts with quick, digital options.
- Many online accounts come with budgeting tools, expense tracking, and financial insights, helping you better manage your spending and savings.
Easy Online Banking
Get today our exclusive bonuses when choosing Cash App as your online bank
1
9.9
5 out of 5 stars
Exceptional
Cash App: Direct Deposit
Get paid up to 2 days early*
Earn up to 4% interest on Savings**
Get up to $200 in free overdraft coverage***
$0 overdraft fees
Cash App: Direct Deposit
Get paid up to 2 days early*
Earn up to 4% interest on Savings**
Get up to $200 in free overdraft coverage***
$0 overdraft fees
FDIC Insured
9.9
5 out of 5 stars
Exceptional
VIEW RATESOn Cash App's secure website
5 out of 5 stars
5 out of 5 stars
With pickyourbank.com, I found the perfect checking account in minutes! No hidden fees, easy online access, and I even got a bonus for signing up!
David Holmes
Buckhead, Atlanta GA
5 Things to Pay Attention to When Choosing a Bank Account
Opening a bank account is easy with guidance from our experts and carefully curated listings. We’re committed to helping you make informed decisions, so you know exactly what to look for when comparing different banking options.
Unlock Your Financial Potential
- 24/7 Account Access: Manage your finances anytime, anywhere with online and mobile banking. Check balances, pay bills, and move money quickly and securely..
- Fees: Many banks offer low or even no fees on various accounts, helping you avoid costs for maintenance, transfers, or other services. Always review the fee structure before opening an account.
- Interest Rates: From savings accounts to CDs, competitive interest rates help you grow your money faster. Look for banks offering higher APYs to maximize your earning
- Fast and Easy Transfers: Easily send and receive money, pay bills, and transfer funds between accounts with just a few taps, whether through apps, online banking, or at a branch.
- Enhanced Security Features: Leading banks provide advanced security, including encryption and two-factor authentication, to help keep your personal and financial information safe.
- Customer Service: Look for a bank that offers good customer service. Check online reviews and ratings, and consider contacting the bank's customer service department with any questions or concerns before opening an account.
Advertising Disclosure
Pickyourbank.com may earn a commission when a user completes an action using our links, which will however not affect the review but might affect the rankings. The latter is determined on the basis of product market fit and compensation received. The information contained in pickyourbank.com should not be conceived as legal, financial or investment advice nor as an endorsement of any of the products or services referenced in pickyourbank.com. As disclosed in the Terms and Conditions all information on pickyourbank.com is subject to change. pickyourbank.com does not contain an exhaustive list of all lending or insurance partners in each category.
Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Direct Deposit provided by Cash App, a Block, Inc. brand.
*Your first deposit may take longer depending on your employer.
**Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 of Qualifying Deposits per month. Eligibility restrictions apply to some benefits. See Terms and Conditions (https://cash.app/legal/us/en-us/tos) for more information.
To earn the highest interest rate on your Cash App savings balance, you need to (a) have a Cash App Card, or sponsor one or more sponsored accounts, and qualify for Cash App Green or (b) have a sponsored account with sponsor approval. Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 in Qualifying Deposits per month. See terms and conditions for more information on how to qualify.
If you are signed up to earn interest, Cash App will pass through a portion of the interest paid on your savings balance held in an account for the benefit of Cash App customers at Wells Fargo Bank, N.A., Member FDIC. Exceptions may apply. Savings yield rate is subject to change.
***Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 of Qualifying Deposits per month. Eligibility restrictions apply to some benefits. See Terms and Conditions (https://cash.app/legal/us/en-us/tos) for more information.
Free overdraft coverage of up to $200 for Cash App Card transactions. Eligibility requirements apply, see terms (https://cash.app/legal/us/en-us/tos) for details.
SoFi®'s savings account is unique because it isn't just a savings account — it's also a checking account. Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and
pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/2026. Rates variable, subject to change. Terms apply at
sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.. Open a new SoFi Checking & Savings account. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.¹⁰
American Express: ¹ The Annual Percentage Yield (APY) as advertised is accurate as of 3/18/26. Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is open. Interest Rate and APY of a Certificate of Deposit account is fixed once the account is funded.
²There is no minimum balance required to open your Account, to avoid being charged a fee, or to obtain the Annual Percentage Yield (APY) disclosed to you.
4HSBC Premier Checking Bonus Offer: Open a new Premier checking account by June 30, 2026. Deposit or invest $150,000–$249,999 to earn $1,500; $250,000–$499,999 to earn $2,500; $500,000–$999,999 to earn $3,500; $1,000,000+ to earn $5,000 in new money within 20 days of account opening. Maintain balances for 3 full consecutive months. Must remain opted-in to receive HSBC marketing emails. Bonus paid within 8 weeks of meeting all requirements.
3 For purposes of transferring funds to or from an external bank, business days are Monday through Friday, excluding federal holidays. Transfers can be initiated 24/7 via the website or phone, but any transfers initiated after 7:00 PM Eastern Time or on non-business days will begin processing on the next business day. Funds deposited into your account may be subject to holds. See the Funds Availability section of your Consumer Deposit Account Agreement and Savings Schedules for more information.
CIT: ¹Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of November 20, 2025: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
*Promotion Disclosures This limited time offer to qualify for a $225 cash bonus with a minimum deposit of $25,000 or a $300 bonus with a minimum deposit of $50,000 is available to New and Existing Customers who meet the Platinum Savings promotion criteria. The Promotion begins on September 23, 2025 and can end at any time without notice. Customers will receive a $225 or a $300 bonus provided that the program requirements are met.
For complete list of account details and fees, see our Personal Account disclosures. (link:https://cit-fcb-t.cit.com/cit-bank/resources/forms)
Pickyourbank.com may earn a commission when a user completes an action using our links, which will however not affect the review but might affect the rankings. The latter is determined on the basis of product market fit and compensation received. The information contained in pickyourbank.com should not be conceived as legal, financial or investment advice nor as an endorsement of any of the products or services referenced in pickyourbank.com. As disclosed in the Terms and Conditions all information on pickyourbank.com is subject to change. pickyourbank.com does not contain an exhaustive list of all lending or insurance partners in each category.
Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Direct Deposit provided by Cash App, a Block, Inc. brand.
*Your first deposit may take longer depending on your employer.
**Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 of Qualifying Deposits per month. Eligibility restrictions apply to some benefits. See Terms and Conditions (https://cash.app/legal/us/en-us/tos) for more information.
To earn the highest interest rate on your Cash App savings balance, you need to (a) have a Cash App Card, or sponsor one or more sponsored accounts, and qualify for Cash App Green or (b) have a sponsored account with sponsor approval. Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 in Qualifying Deposits per month. See terms and conditions for more information on how to qualify.
If you are signed up to earn interest, Cash App will pass through a portion of the interest paid on your savings balance held in an account for the benefit of Cash App customers at Wells Fargo Bank, N.A., Member FDIC. Exceptions may apply. Savings yield rate is subject to change.
***Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 of Qualifying Deposits per month. Eligibility restrictions apply to some benefits. See Terms and Conditions (https://cash.app/legal/us/en-us/tos) for more information.
Free overdraft coverage of up to $200 for Cash App Card transactions. Eligibility requirements apply, see terms (https://cash.app/legal/us/en-us/tos) for details.
SoFi®'s savings account is unique because it isn't just a savings account — it's also a checking account. Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and
pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/2026. Rates variable, subject to change. Terms apply at
sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.. Open a new SoFi Checking & Savings account. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.¹⁰
American Express: ¹ The Annual Percentage Yield (APY) as advertised is accurate as of 3/18/26. Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is open. Interest Rate and APY of a Certificate of Deposit account is fixed once the account is funded.
²There is no minimum balance required to open your Account, to avoid being charged a fee, or to obtain the Annual Percentage Yield (APY) disclosed to you.
4HSBC Premier Checking Bonus Offer: Open a new Premier checking account by June 30, 2026. Deposit or invest $150,000–$249,999 to earn $1,500; $250,000–$499,999 to earn $2,500; $500,000–$999,999 to earn $3,500; $1,000,000+ to earn $5,000 in new money within 20 days of account opening. Maintain balances for 3 full consecutive months. Must remain opted-in to receive HSBC marketing emails. Bonus paid within 8 weeks of meeting all requirements.
3 For purposes of transferring funds to or from an external bank, business days are Monday through Friday, excluding federal holidays. Transfers can be initiated 24/7 via the website or phone, but any transfers initiated after 7:00 PM Eastern Time or on non-business days will begin processing on the next business day. Funds deposited into your account may be subject to holds. See the Funds Availability section of your Consumer Deposit Account Agreement and Savings Schedules for more information.
CIT: ¹Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of November 20, 2025: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
*Promotion Disclosures This limited time offer to qualify for a $225 cash bonus with a minimum deposit of $25,000 or a $300 bonus with a minimum deposit of $50,000 is available to New and Existing Customers who meet the Platinum Savings promotion criteria. The Promotion begins on September 23, 2025 and can end at any time without notice. Customers will receive a $225 or a $300 bonus provided that the program requirements are met.
For complete list of account details and fees, see our Personal Account disclosures. (link:https://cit-fcb-t.cit.com/cit-bank/resources/forms)