As we approach June 2023, it’s important for consumers to be informed about the best rewards checking accounts available. From high interest rates to cash back rewards, the following options offer some of the best benefits for account holders.
1. Axos Bank Rewards Checking: With no monthly maintenance fees and up to 1.25% APY, this account is perfect for those looking to earn interest on their checking account balance. Additionally, account holders can earn up to 1.00% cash back on debit card purchases and enjoy unlimited ATM fee reimbursements.
2. Discover Cashback Debit: This account offers 1% cash back on up to $3,000 in qualifying debit card purchases each month. Account holders also enjoy no monthly maintenance fees and access to over 60,000 ATMs with no surcharge fees.
3. Charles Schwab High Yield Investor Checking: This account offers unlimited ATM fee reimbursements worldwide and no foreign transaction fees, making it a great option for frequent travelers. Additionally, account holders can earn 0.03% APY on their balance and enjoy no monthly maintenance fees.
4. Chase Total Checking: While this account doesn’t offer high interest rates or cash back rewards, it has a generous bonus offer for new account holders. Customers who open a Chase Total Checking account and set up direct deposit can earn a $225 bonus after meeting certain requirements.
5. Alliant Credit Union High-Rate Checking: With no monthly maintenance fees and up to 0.25% APY, this account is a great option for those looking for a basic rewards checking account. Additionally, Alliant Credit Union offers a network of over 80,000 ATMs and up to $20 per month in ATM fee reimbursements.
When choosing a rewards checking account, it’s important to consider your personal banking needs and financial goals. By doing so, you can find an account that offers the best benefits and helps you achieve your financial objectives.