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The 10 Best Checking Accounts of 2015 – US News.
A checking account isn’t just a checking account anymore – it can do so much more. Aside from paying your bills and funding everyday expenses, a good checking account can help you save money and reach your financial goals.
Banks are going above and beyond basic free checking in 2015 by providing customers added value such as free money management software, bill pay and rewards programs. Customers can also find attractive fee structures, with many checking accounts offering no fees of any kind, including overdraft or out-of-network ATM fees. In fact, the Consumer Protection Financial Bureau estimates that the average customer who incurs overdraft fees could save over $200 a year by simply switching to a checking account with no overdraft or non-sufficient funds fees, or by opting out of overdraft protection. Therefore, a new checking account could be your key to saving more money in 2015.
Consumers can also enjoy the return of the interest-bearing checking account in 2015. Interest rates have been at historical lows in recent years, which all but wiped out APY offerings on checking accounts, but rates are on the rise. According to a GOBankingRates analysis of checking account rates from thousands of banks and credit unions throughout the U.S., the average checking account earned 0.17 percent APY last year. But in 2015, you can do much better.
As part of its weekly “Best of Banks 2015″ series, GOBankingRates looked at the best checking accounts for 2015 and ranked the 10 very best, based off criteria checking customers care about most: APY, minimum deposit, monthly maintenance fee, non-sufficient funds (NSF) fee and the minimum balance required to avoid a fee. We also included information about additional services, free perks and attractive offerings that help solidify these banks’ top rankings.
Banks have really stepped up their game and are after your business in 2015 – and they have the products to prove it. Here are the results of the survey. Click here to see the 10 best checking accounts
