A major turn off for some people is bank fees. For checking accounts, fees may include monthly maintenance or service fees, overdraft fees and more.
Some banks will only charge you service fees if your account balance is below the minimum. However, there are banks with checking accounts with no fees – at all.
Here are some of the best no-fee checking accounts according to experts:
Capital One 360 Checking accounts have no monthly maintenance fees or overdraft fees. You will only have to pay an ATM fee if you use an out-of-network ATM.
Discover Cashback Debit accounts are no monthly fee checking accounts that also give you cashback rewards on purchases.
Ally Interest Checking Accounts are fee-free checking accounts. Plus, your money will accrue interest and you can get up to $10 each month to reimburse you for out-of-network fees.
TCF Bank Accounts require a minimum opening deposit of $25, but they have no monthly maintenance fees.
HSBC Checking Accounts offer an online “Direct Checking” program with no monthly maintenance fees and only a $1 minimum opening amount.