CompareFairlyBest Online Banks in the US 2026
Our pick : SoFi Bank (99/100) · Cheapest : SoFi Bank · Best value : Bank of America
In short
This comparison evaluates 10 online banks based on 12 criteria, including APY for savings, monthly maintenance fees, ATM fee reimbursement, minimum balance fees, international transfer fees, and customer service ratings. SoFi Bank ranks highest with a score of 99 out of 100, largely due to its perfect scores in APY for savings and mobile app rating. SoFi Bank is also identified as the most affordable option. It's important to note that data for only 2 out of the 10 options is sourced, with the remaining values being estimates that are clearly marked. The facts in this summary are computed from the table below; only the wording is generated.
Comparison table
| Criterion | SoFi Bank | Capital One 360 | Discover Bank | Ally Bank | Axos Bank | Chime |
|---|---|---|---|---|---|---|
| APY (Savings) (%) | 4.5 | 4.3 | 4.3 | 4.25 | 4.15 | 0.0 |
| Monthly Maintenance Fee (USD) | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| ATM Fee Reimbursement | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Minimum Balance Fee (USD) | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| International Transfer Fees (USD) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — |
| Customer Service Rating (/5) | 4.4 | 4.3 | 4.7 | 4.5 | 4.1 | 4.0 |
| Mobile App Rating (/5) | 4.7 | 4.6 | 4.6 | 4.7 | 4.4 | 4.5 |
| Security Features | Advanced | Advanced | Advanced | Advanced | Advanced | Standard |
| Early Direct Deposit | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Mobile Check Deposit | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Overdraft Protection Options | No Overdraft Fees | No Overdraft Fees | Link to Savings | Link to Savings | Link to Savings | No Overdraft Fees |
| Account Types Offered | — | — | — | — | — | — |
Frequently asked questions
What are the best online banks in the US for 2026?
Based on our analysis of APY, fees, and customer service, SoFi Bank and Capital One 360 are top contenders for the best online banks in the US.
How do SoFi Bank and Capital One 360 compare on savings APY?
SoFi Bank currently leads with a higher APY for savings accounts compared to Capital One 360, making it a strong choice for maximizing interest.
Are there monthly maintenance fees for top online banks like SoFi or Capital One?
Both SoFi Bank and Capital One 360 are known for offering accounts with no monthly maintenance fees, a key factor in our comparison.
How is your online bank ranking determined?
Our rankings are based on objective data for APY, fees, and customer service ratings, ensuring a neutral comparison without any paid placements.
Methodology and transparency
Ranking: options are sorted on measured, sourced criteria. No position is ever sold, and no advertiser pays to appear here.
Scope: this comparison is not exhaustive. It presents the options our sources document, not every offer on the market.
Earnings: some outbound links may be affiliate links that earn us a commission. This never affects the ranking, the scores or the data.
Data: every value is linked to its source and refreshed automatically; the collection date is shown.