High-interest checking accounts are growing in popularity, as they combine the best aspects of high-yield savings, with the ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 SoFi ...

The average rate on an interest-earning checking account is an abysmal 0.07% . “Accounts offering interest are a way for the bank to bring in more deposits or appeal to customers with larger balances, ...

Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.

High-yield savings accounts are paying up to 5.00% APY today following another Fed rate cut last week -- compare the top ...

The average checking account interest rate is 1.75 times higher than it was in 2022, according to October data from WalletHub. But that often doesn’t mean much: Checking accounts that pay interest are ...

If you share money with a partner or other trusted individual, using a joint checking account could help you seamlessly manage your finances. To help you in your search, we compared 164 checking ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Brendan is a full-time senior editor of financial products and services at ...

The best banks for checking accounts have low fees, good customer support and free ATMs nearby. Some also offer rewards or earn interest. In 2025, Discover® Cashback Debit won NerdWallet’s annual ...

When you think of interest-generating bank accounts, your mind likely goes to savings. After all, that’s your reward for building an emergency fund or socking away money for a future expense, right? A ...