# Best Online Banks in the US _CompareFairly · en/US · neutral comparison, cited sources, no paid placement_ **Category:** finance › banking › online banking **Our pick**: SoFi Bank (99/100) · **Cheapest**: SoFi Bank · **Best value**: Bank of America ## Comparison table | Criterion | SoFi Bank | Capital One 360 | Discover Bank | Ally Bank | Axos Bank | Chime | | --- | --- | --- | --- | --- | --- | --- | | APY (Savings) (%) | 4.5 | 4.3 | 4.3 | 4.2 | 4.2 | 0 | | Monthly Maintenance Fee (USD) | 0 | 0 | 0 | 0 | 0 | 0 | | ATM Fee Reimbursement | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | | Minimum Balance Fee (USD) | 0 | 0 | 0 | 0 | 0 | 0 | | International Transfer Fees (USD) | 0 | 0 | 0 | 0 | 0 | - | | Customer Service Rating (/5) | 4.4 | 4.3 | 4.7 | 4.5 | 4.1 | 4 | | 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 | - | - | - | - | - | - | ## 1. SoFi Bank SoFi Checking and Savings account combines both accounts into one simple setup with no account fees, no minimums, and a strong APY. **Best for:** People who want the convenience of an all-in-one banking hub without giving up high rates. **Pros:** - Combines checking and savings into one setup - No account fees - No minimums - Strong APY, especially with direct deposit - Instant money movement between checking, savings, and investment accounts _Source (verified): [https://www.fool.com/money/awards/2026/banking/](https://www.fool.com/money/awards/2026/banking/)_ ## 2. Capital One 360 Capital One strikes a rare balance between digital convenience and the full service of a traditional bank, offering competitive savings rates and CD products. **Best for:** Anyone who wants the best of online banking without giving up the option to walk in and talk to someone. **Pros:** - Digital convenience and full-service traditional banking - Competitive savings rates and CD products - Branch network adds accessibility - Offers loans, checking, savings, and credit cards _Source (verified): [https://www.fool.com/money/awards/2026/banking/](https://www.fool.com/money/awards/2026/banking/)_ ## 3. Discover Bank Known for its customer service and rewards, Discover Bank offers competitive rates on savings accounts. _Source (estimate): [https://www.discover.com/bank/](https://www.discover.com/bank/)_ ## 4. Ally Bank A leading online bank offering a wide range of products and competitive rates. _Source (estimate): [https://www.ally.com/](https://www.ally.com/)_ ## 5. Axos Bank Provides a variety of banking products with competitive interest rates and no monthly fees. _Source (estimate): [https://www.axosbank.com/](https://www.axosbank.com/)_ ## 6. Chime A popular fintech company offering a fee-free banking experience with early direct deposit. _Source (estimate): [https://www.chime.com/](https://www.chime.com/)_ ## 7. Marcus by Goldman Sachs Offers high-yield savings accounts with no minimum balance requirements. _Source (estimate): [https://www.marcus.com/](https://www.marcus.com/)_ ## 8. Wells Fargo A large national bank with extensive online and mobile banking services. _Source (estimate): [https://www.wellsfargo.com/](https://www.wellsfargo.com/)_ ## 9. Bank of America Offers a comprehensive suite of online banking tools and services for personal and business accounts. _Source (estimate): [https://www.bankofamerica.com/](https://www.bankofamerica.com/)_ ## 10. U.S. Bank A traditional bank with a strong online presence, offering a range of checking and savings accounts. _Source (estimate): [https://www.usbank.com/](https://www.usbank.com/)_ ## 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. ## 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. --- _Generated by CompareFairly - neutral universal comparator. Ranking not for sale, data sourced._ --- _CompareFairly · https://comparefairly.com/en/US/best-online-banks — citation with a link is allowed; bulk extraction/redistribution is prohibited._