Our Best Online Banks of 2025

Our Best Online Banking Companies 2025

Nowadays, almost all of your banking needs can be handled online, with little need to visit brick-and-mortar locations. In fact, many online banks (or those without physical branch locations) offer savings rates, fees, and services that compete with or even surpass traditional banks. 

Our Best Online Banks at a Glance

BestMoney analyzed fees, interest rates, customer service reputations, and more to identify the top online banking options. Our analysis found:

• Barclays, Ally, and Varo should be at the top of your mind if you're looking for a high-yield savings account, as they offer some of the most competitive rates on the market.

• American Express and Upgrade are among the few providers offering an above-average annual percentage yield (APY) on checking accounts.

• Discover and Chime are great options if you're looking for low-to-no-fee checking and savings accounts.

• Capital One and PNC Bank have strong online offerings for customers looking to spread and integrate assets across multiple bank accounts.

Read on to learn more about our top picks and which might be the best option for you. 

Our Best Online Banks:

1. Discover®: Our top pick for no surprise fees
2. Chime®: Our top pick for credit-building
3. PNC Bank: Our top pick for combined checking and savings account 
4. American Express National Bank: Our top pick  for earning interest on checking
5. Barclays Tiered Savings: Our top pick for higher APYs for large balances
6. Capital One:  Our top pick for integrated accounts
7. Varo: Our top pick for cash back on debit purchases
8. Ally: Our top pick for organized savings
9. Upgrade Rewards Checking Plus: Our top pick for accessible tiered interest 

Methodology: How We Reviewed These Online Banks

To identify the best online banks, we compared institutions offering fully online checking and savings accounts based on the following factors: 

• Availability: The best online banks were available to customers in most or all U.S. states and offered a wide range of products, including basic checking and savings accounts and products like personal loans, certificates of deposits (CDs), money market accounts, and more. 

• Rates and fees: We compared APYs for savings and checking accounts to industry standards to identify the highest-earning accounts. We also prioritized banks that offered checking and savings accounts with no monthly maintenance fee and limited fees for overdrafts, ATM withdrawals, and other transactions. The best options also required no or low minimum deposit amounts to open an account. 

• User experience: To ensure accessibility, we prioritized online banks with user-friendly apps and online banking portals based on app store reviews and customer feedback. We also awarded banks with transparent rate and fee structures and easily accessible application processes. 

• Security: All the banks on our list are backed by the Federal Deposit Insurance Corp. (FDIC) or National Credit Union Administration (NCUA) and offer secure mobile and online portals for the safety of sensitive financial information. 

• Customer service: We compiled customer feedback from various third-party sources, including Trustpilot and the Better Business Bureau (BBB), and first-hand expert experience to identify the top institutions.

The top options ranked highly in all or most of these categories. Read more about our full methodology.  

A Closer Look at Our Best Online Banks - Reviews:

1. Discover® Bank - Our best for no surprise fees

Why we picked Discover® as a top online bank: Discover’s credit cards are popular for having no surprise fees, and its bank accounts are no different. In addition to no monthly maintenance fees, Discover® checking and savings accounts don’t charge insufficient funds or overdraft fees. Plus, if you have a card with the bank, you can see all your financial accounts in one place. 

Standout features and products:

• Early direct deposit 

• Money market account

• Offers traditional and Roth individual retirement accounts (IRAs)

Customer service at a glance

• Trustpilot score: 1.8

• BBB rating: A+ (accredited)

• Common complaints? Difficulty qualifying for credit, trouble with card disputes

• Common praise? Effective and friendly customer service, good data protection 

• Contact channels: Customer support phone lines

Read the full Discover® Bank review

Discover® CD Rates Visit Site

2. Chime® - Our best for building your credit

Why we picked Chime®: In addition to traditional checking and savings accounts, Chime® offers a unique credit-builder account, which, in conjunction with a secured credit card can help low- and no-credit account holders improve their scores and build credit history. It requires no credit check or minimum deposit to apply, making it an accessible choice.  

For more traditional options, its checking and savings accounts are solid choices, too, with no monthly fees. 

Standout features and products:

• Accessible account options for people with poor credit

• Extensive fee-free ATM network

• Early direct deposit 

Customer service at a glance

• Trustpilot score: 3.6

• BBB rating: B- (not accredited)

• Common complaints? Difficulty with direct deposit, slow transfers, slow resolution of card disputes

• Common praise? User-friendly app, accessibility for rebuilding credit, quality customer service

• Contact channels: 24/7 phone support, in-app chat

Read the full Chime® review

3. PNC Online Banking - Our best for their combined checking and savings account 

Why we picked PNC as a top online bank: For people who like to keep their banking simple, PNC offers an all-in-one solution with its Virtual Wallet Checking Pro account. Account holders can combine their monthly service fee-free checking account with a leading savings APY for the best of both worlds. 

The bank also encourages responsible financial habits with its Low-Cash Mode tool, which gives virtual wallet users 24 hours to bring their account balance to $0 before they are charged overdraft fees. 

Standout features and products:

• Offers student and military checking and savings accounts

• Offers extensive loan options, including student loans, personal loans, and mortgages

• Virtual Wallet allows better spending and savings visualization

Customer service at a glance

• Trustpilot score: 1.3

• BBB rating: A+ (not accredited) 

• Common complaints? Poor management of fraudulent account activity, negative experiences with customer service representatives 

• Common praise? Competitive interest rates, positive experiences in branch locations

• Contact channels: 24/7 customer service chat, phone lines with limited hours, select branch locations

Read the full PNC Online Banking review

PNC Bank Visit Site

4. American Express National Bank - Our best for earning interest on savings

Why we picked American Express National Bank as a top online bank: More than its popular credit cards, American Express National Bank offers a variety of online bank accounts, including savings accounts. There's no account opening fee, minimum balance, or monthly service fees. 

While, American Express National Bank's online checking account is only available to existing card members, anyone can apply for a savings account. 

Standout features and products:

• Offers high-yield savings, checking, and CD accounts with leading interest rates

• Suite of premium rewards credit cards

• Offers business checking and line of credit products 

Customer service at a glance

• Trustpilot score: 1.5

• BBB rating: F (Not accredited)

• Common complaints? High credit card fees, difficulty resolving fraudulent charges

• Common praise? Friendly customer service staff, user-friendly application

• Contact channels: 24/7 phone support, traditional mail, fax

5.  Barclays - Our best for higher APYs for large balances

Why we picked Barclays as a top online bank: While most of our top online banks offer the same APY for all savings account balances, Barclays offers a tiered interest structure, allowing people with higher balances to unlock ultra-high rates. The bank does not currently offer a checking account, so it may not be the best choice for those who want all their financial eggs in one basket, but users who don’t mind separate accounts can take advantage of higher rates. 

Standout features and products:

• Offers tiered and standard savings account options, plus CDs 

• Suite of airline and hotel co-branded credit cards

• Online calculator to help you plan savings goals 

Customer service at a glance

• Trustpilot score: 2.3

• BBB rating: A+ (accredited)

• Common complaints? Difficult credit card application process, poor experience with customer service representatives

• Common praise? Good app security, useful credit card products

• Contact channels: 24/7 phone support

6. Capital One - Our best for integrated accounts

Why we picked Capital One as a top online bank: Capital One has a history as a traditional bank but has transitioned to a more online-first operation in the last several years. Its fully online 360 accounts, including checking and savings products, charge no monthly fees and don't require minimum balances.

Plus, transferring between accounts is easy, making it simple to set up multiple savings accounts for different goals and move money between them as needed. 

Standout features and products:

• Offers checking, savings, and CD accounts, plus accounts for kids and teens with parental controls 

• Deposit cash or get customer support at a Capital One Cafe

• Offers credit cards, auto loans, and business banking solutions

Customer service at a glance

• Trustpilot score: 1.3

• BBB rating: A+ (accredited)

• Common complaints? Complicated dispute process, unclear communication with customer service

• Common praise? Efficient resolution of queries, user-friendly mobile app and online banking portal

• Contact channels: Digital assistant chat feature, 24/7 phone support

Read the full Capital One review

7. Varo Bank - Our best for cash back on debit purchases

Why we picked Varo as a top online bank: Besides checking and savings accounts with no hidden fees, Varo offers the opportunity to earn cash back on debit card purchases, with up to 3% back (maximum of $200 per month) at select merchants. The APY on Varo's savings account is also competitive, especially for those with smaller balances. 

Standout features and products:

• Earn cash back on debit purchases with 10,000 participating merchants

• Offers checking, savings, and credit-building accounts, plus personal lines of credit

• No foreign transaction fee debit card

Customer service at a glance

• Trustpilot score: 3.7

• BBB rating: A- (accredited)

• Common complaints? Issues setting up direct deposit, delayed receipt of debit cards, limited customer support channels

• Common praise? User-friendly app with easy-to-track credit score, simple banking structure

• Contact channels: 24/7 live chat support in-app, phone support with limited hours

Read the full Varo Bank review

Varo Bank Visit Site

8. Ally - Our best for organized savings

Why we picked Ally as a top online bank: Ally offers a variety of account options, including checking and savings accounts, a money market account, and a variety of CDs. It doesn't charge monthly maintenance or overdraft fees on checking and savings accounts. Plus, its online banking software allows users to stay organized by creating digital buckets for different spending and savings categories. 

Standout features and products:

• Offers checking, savings, money market, and CD accounts, plus credit cards, mortgages, and auto loans

• User-friendly online banking tools with features for organizing money and saving more efficiently

• Extensive fee-free ATM network

Customer service at a glance

• Trustpilot score: 1.4

• BBB rating: B (not accredited)

• Common complaints? Savings rates falling and becoming less competitive, poor experience with customer service representatives

• Common praise? Accessible customer service, user-friendly app, hassle-free products

• Contact channels: 24/7 customer support via chat, email, or phone lines

9.  Upgrade Rewards Checking Plus - Our best for accessible tiered interest

Why we picked Upgrade Rewards Checking Plus as a top online bank: While savings accounts that offer tiered APY earnings often restrict the best rates to high balances, you can earn a competitive APY on the Upgrade savings account with a balance as low as $1,000. 

Upgrade also offers joint savings accounts, which are uncommon among competitors. Its checking account is competitive, too, offering the ability to earn cash back on select debit card purchases. 

Standout features and products:

• Offers competitive personal loans and credit cards in addition to checking and savings accounts

• Opportunity to earn cash back on debit card purchases, with no monthly cap

• Proprietary “buy now, pay later” service called Flex Pay

Customer service at a glance

• Trustpilot score: 4.3

• BBB rating: A+ (accredited)

• Common complaints? Long wait times for customer support, low credit limits

• Common praise? Straightforward online application processes, positive customer support experiences, transparent terms 

• Contact channels: Email and phone lines with limited hours

Comparing the Top Online Banks

• Western Alliance: This small bank offers an online high-yield savings account with an uber-competitive APY of 
  4.30% (and a minimum opening deposit of $500).

• Bank5 Connect: Bank5 Connect offers a high-yield checking account with a 4.15% APY with a minimum balance of $100.

• ONE Cash: This relatively new market entrant (and fin-tech company) offers a high-yield checking account with a APY if you set up at least $500 in monthly direct deposit.

Online banking lets you manage your finances via computer or smartphone, providing convenient access to banking services from anywhere with internet access. It includes features like check deposit, fund transfers, and bill pay, mimicking almost all in-branch services. 

Some online banks have physical locations, while others are exclusively digital, which limits services like cash deposits. Despite the 24/7 transaction capability, customer support availability can vary.

Pros of Online Banks

• Convenience: Manage your finances from home, the office, or anywhere with internet access, saving time and hassle.

• Flexibility: Conduct transactions 24/7, including transferring funds, paying bills, and checking account balances, without being limited by bank hours.

• Accessibility: Use mobile banking apps from your smartphone or tablet, ensuring your finances are always at your fingertips.

• Security: Benefit from enhanced security measures like encryption and multi-factor authentication to protect your personal and financial information.

Cons of Online Banks

• Limited cash transactions: Some online banks support cash deposits via ATMs, but many do not accept cash at all. Banks focused solely on savings may not offer ATM access or cash withdrawals, requiring fund transfers to external accounts.

• Lack of physical branches: Unless the bank utilizes a hybrid model like Capital One, the absence of brick-and-mortar branches means you miss out on in-person banking services or customer service.

• Little opportunity for relationship-building: Online accountholders won’t have the chance to get to know their friendly neighborhood banker, given the lack of branches and (often) limited customer support channels, usually phone or online chat.  

To help you choose the best bank for your business, here are some key ways online and traditional banks usually differ.

Online Banks Offer Lower Fees and Higher APYs

Due to a lack of overhead in terms of staffing and maintaining brick-and-mortar locations, most online banks offer no-to-low fee checking and competitive APYs, particularly on savings accounts.

Traditional Banks Have a Wider Product Selection

Online banks usually offer a narrower range of financial services than traditional ones. They might only provide basic accounts like checking, savings, and CDs, whereas larger national banks offer a comprehensive suite of banking, lending, and investment options.

Traditional Banks Have More Robust ATM Networks

Traditional banks offer ATM access at their branches and partnering retailers. Online banks typically partner with external ATM networks to provide accountholders with some access to free cash withdrawals. Some online banks will reimburse you for out-of-network ATM fees.

Online banks can be right for tech-savvy users who are comfortable conducting online financial transactions. They're ideal for individuals who prefer the convenience of managing their finances via computer or smartphone without the need to visit a physical branch. 

Online banks are less of a fit for people who prefer conducting transactions in person, need to make (large) cash deposits regularly, or are uncomfortable with online portals and mobile apps.

These steps can help you pinpoint whether an online financial institution is legitimate and right for your needs.

Look for Red Flags

Lack of FDIC or NCUA insurance, unrealistic interest rates and fees, no physical address, and poor website security are all signs of a shady online bank. 

Compare Rates 

High APYs are one of the biggest draws across online bank accounts, but not all have the same offer. Ensure you're getting a competitive rate by seeing how your options stack up against each other.

Check for Fees

Most online banks offer some type of free checking, but you might have to make or maintain a minimum deposit into your account to qualify. Check whether certain behaviors, like overdrafts or ATM withdrawals, incur other charges.

Read the Fine Print

Ensure you can deposit or withdraw money promptly, as online banks sometimes have longer transfer times or lower withdrawal limits each month than their traditional counterparts.   

Learn more steps for selecting the best online bank account for you.

Once you’ve chosen a provider, expect to go through the following steps to open your online account.

1. Visit a bank’s website or app: Go to its website or download its mobile app.

2. Fill out an application: Most financial institutions will ask for personal information, like your name, address, and Social Security number. They might also ask about your current employment and income status. 

3. Verify your identity: You might have to upload identification documents like a driver's license or passport.

4. Fund your account: While many online banks don't impose minimum deposit amounts to open an account, you might have to maintain a certain amount of funds to qualify for fee waivers or high APY earnings. Usually, this process involves transferring some money from an existing bank account.

Once you complete this process, you can expect to have access to your new account in a few business days.

Online banking offers a convenient, flexible, and cost-effective alternative to traditional banking. With lower fees, higher interest rates, and advanced digital features, online banks are ideal for tech-savvy users who prefer managing their finances from anywhere.

Our comprehensive review of the top online banks for 2025 highlights the best options based on APY, fees, and product offerings. By understanding the benefits and potential drawbacks, you can make an informed decision and find the right online bank to meet your needs.

Disclaimer

Upgrade Rewards Checking Plus:
¹ Rewards Checking Plus customers who set up monthly direct deposits of $1,000 or more earn 2% cash back on common everyday expenses at convenience stores, drugstores, restaurants and bars - including deliveries - and gas stations, as well as recurring payments on utilities and monthly subscriptions including phone, cable, TV and other streaming services, and 1% cash back on all other debit card purchases. 2% cash back is limited to $500 in rewards per calendar year; after $500, customers earn 1% cash back on all eligible debit card purchases for the remainder of the year. Rewards Checking Plus accounts with less than $1,000 in monthly direct deposits 60 days after account opening will earn 1% cash back on common everyday expenses and 0.50% cash back on all other eligible debit card purchases. Some limitations apply. Please refer to the applicable Upgrade Visa® Debit Card Agreement and Disclosures for more information.
² There are no overdraft fees or annual fees. Optional out-of-network ATM withdrawals are subject to a fee of $2.50, plus any third-party fees. Debit card transactions with merchants outside the U.S. or in a foreign currency are subject to a 3% fee. Outbound domestic wire transfers are subject to a fee of $20 after your first fee-free transfer per calendar month. Please refer to the applicable Cross River Bank Checking Deposit Account Agreement and Upgrade Visa® Debit Card Agreement and Disclosures for more information.
³ Early direct deposit requires set up of recurring electronic direct deposit from your employer, payroll, or benefits provider and is limited to direct deposits under $5000. Early access to direct deposit funds depends on the timing in which we receive notice of impending direct deposit, which is generally up to two days before the scheduled deposit date.

Chime
Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank or Stride Bank, N.A.; Members FDIC. Chime Checking Account is required to be eligible for a Savings Account.

* Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM. Cash deposit or other third party fees may apply.

*Eligibility requirements apply. Overdraft only applies to debit card purchases and cash withdrawals. Limits start at $20 and may be increased up to $200 by Chime. See chime.com/spotme.

^Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

⁺The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is accurate as of April 6, 2025. No minimum balance required. Must have $0.01 in savings to earn interest.

¹ Round Ups automatically round up debit card purchases to the nearest dollar and transfer the round up from your Chime Checking Account into your savings account. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more into your savings account.

² FDIC deposit insurance limit to $250,000 per depositor, per insured bank, per ownership category. For Stride Savings Account depositors, funds are eligible for FDIC insurance when it arrives at the bank. Please visit www.chime.com/savings-apy-and-program-banks/ for more details on FDIC insurance.

³ Sometimes instant transfers can be delayed. The recipient must use a valid debit card to claim funds. See your issuing bank’s Deposit Account Agreement for full Pay Friends Transfers details.

⁴ The average national savings account interest rate of 0.17% is determined by FDIC as of September 19, 2022 based on a simple average of rates paid (uses annual percentage yield) by all insured depository institutions and branches for which data are available. Visit National Rates and Rate Caps to learn more.

⁵ Chime will be offering members a chance to get their federal tax refund up to 6 days early when they file directly with the IRS and direct deposit with Chime. Getting your federal tax refund early is simple, just sign up for a Chime Checking Account, file your return with the IRS, and set up your tax refund to direct deposit into your Chime Checking Account. After setting up direct deposit, members will also be eligible to get regular paychecks up to 2 days early^.

Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.

PNC Bank
*Offer is contingent on product availability and may vary based on where you open your account and your address. For Branch origination, product availability will be based on the physical PNC location. You may earn a $400 reward if you open a new Virtual Wallet with Performance Select, a $200 reward if you open a new Virtual Wallet with Performance Spend or a $50 reward if you open a new Virtual Wallet. Changing your product type after opening an account could result in your account being reviewed and paid a different reward amount. You will only be considered for one reward amount, which is based on the product type that you have open at the time that your account is reviewed for meeting offer stipulations.

To qualify for the reward, the new Virtual Wallet product must be opened online via the application links on this page beginning 7/1/21 through 9/30/21, and a qualifying Direct Deposit(s) must be received within the first 60 days. Your Virtual Wallet product must remain open in order for you to receive the reward, which will be credited to the eligible account within 60-90 days after all conditions have been met and will be identified as "Cash Trans Promo Reward" on your monthly statement.

A qualifying Direct Deposit is defined as a recurring Direct Deposit of a paycheck, pension, Social Security or other regular monthly income electronically deposited by an employer or an outside agency into the Spend account of a Virtual Wallet with Performance Select, Virtual Wallet with Performance Spend or Virtual Wallet. The total amount of all qualifying Direct Deposits credited to your Spend account must be at least $5,000 for Virtual Wallet with Performance Select, $2,000 for Virtual Wallet with Performance Spend or $500 for Virtual Wallet. Credit card cash advance transfers, wire transfers, transfers from one account to another or deposits made at a branch or ATM do not qualify as qualifying Direct Deposits.

New account will not be eligible for offer if any signer has signing authority on an existing PNC Bank consumer checking account or has closed an account within the past 90 days, or has been paid a promotional premium in the past 24 months. If multiple accounts are opened with the same signers, only one account will be eligible for the premium. For this offer, signing authority will be defined by the customer name(s) and Social Security number(s) registered on the account. Offer may be extended, modified or discontinued at any time and may vary by market. The value of the reward may be reported on Internal Revenue Service (IRS) Form 1099, and may be considered taxable income to you. Please consult your tax advisor regarding your specific situation.


Barclays
* Barclays Tiered Savings Annual Percentage Yields (APYs) are accurate as of 06/28/2024 and may change at any time without prior notice, before or after the account is opened. The APYs are determined by the Balance Tiers (Tiers) and the amount deposited. The same rate may apply to multiple Tiers and Tiers may change without notice. APY is calculated based on the Tier into which the end of day account balance falls. Fees could reduce the earnings on the account. No minimum balance to open, but for interest to post to your account you must maintain a minimum balance that would earn you at least $0.01. Please see the Compare Account Page for current Tier and APY information.

** The APY for the Barclays Tiered Savings account for balance tiers $50,000 to

VaroMoney Disclaimer:
1. Fees apply to loans and out of network withdrawals & cash deposits.

2. We give access to direct deposits from employer & government payers on the day we receive them, typically up to 2 days earlier than your scheduled pay date.

3. Annual Percentage Yields (APY) are accurate as of December 1, 2022. Rates may change at any time without prior notice, before or after the account is opened. You can earn 5.00% on your first $5,000 if you meet these requirements: Make sure that you Varo account balances are above or equal to $0 at the close of the month. Receive total direct deposits of $1,000 or more each qualifying period. Additional balances over $5,000 will earn 2.50% APY. The requirements must be met within the Qualifying Period which begins on the first calendar day of the month and ends at the close of business (4:25 pm MST/ 3:25 pm MDT) on the last business day of the month. Meet the requirements in the current month to qualify to earn 5.00% APY for the following month. Qualifying direct deposits are electronic deposits of your paycheck, pension or government benefits (such as Social Security or unemployment) from your employer or government agency. Tax refunds and government stimulus payments, Person-to-Person payments (such as Venmo) and funds deposited using a Varo routing number are not considered a direct deposit. Be aware that interest is paid in whole cents only.

Western Alliance
*APY is accurate as of January 16, 2025. This is a variable rate account, Interest rate and APY may change after initial deposit. Minimum initial deposit to open account and earn interest is $1.00.

The customer must deposit a cumulative amount of $5,000 within 14 days of their first deposit date, and maintain at least $5,000 in the account for 90 days following. The bonus will be paid out within 30 days of completing the qualifying actions. The code NEWYEAR must be used at sign up. See site for important details.

Bank of America 

The offer is for new checking customers only. Offer expires 5/31/2025. To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* totaling $2,000 or more into that new eligible account within 90 days of account opening. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer. Once all requirements are met, Bank of America will attempt to pay bonus within 60 days. Additional terms and conditions apply. See offer page for more details

*Qualifying Direct Deposits are direct deposits of regular monthly income - such as your salary, pension or Social Security benefits, which are made by your employer or other payer - using account routing numbers that you provide them.

OnePay Cash Disclaimer:

OnePay is a financial technology company, not a bank. Banking services provided by Coastal Community Bank or Lead Bank, Members FDIC. OnePay Debit Card is issued by banking partners Coastal Community Bank or Lead Bank, Members FDIC, pursuant to a license by Mastercard® International Incorporated.

1. 3.75% annual percentage yield (APY) applies to the Savings balance of OnePay Cash accounts that have either (i) received $500+ of Direct Deposits in the current or previous month or (ii) have a balance of $5,000+ at the end of the previous month. 3.75% APY is also earned on Pay Autosave balances without deposit or balance requirements. 3.75% APY is limited to a total Savings balance of up to $250,000. All other Savings balances will earn 1.00% APY. APYs are as of 12/20/2024, but may change at any time before or after account opening. 

2. Cash back is earned as OnePay Points, redeemable as a deposit into a OnePay Cash account pursuant to the OnePay Rewards Terms. Only applies to OnePay Cash accounts that have either (i) received Direct Deposits totaling $500+ in the current or previous month, or (ii) have a balance of $5,000+ as of the last day of the previous month. This reward applies to purchases at U.S. Walmart locations and on Walmart.com only and may not be combined with other OnePay Cash promotions for cash back at Walmart.

3. Only applies to deposits and withdrawals with a OnePay Cash debit card made at Walmart Money Centers, cashiers, or Customer Service desks.

4. Tax refunds may be available up to 5 days in advance of the scheduled payment day, but access to funds depends on when the payer sends refund data.

5. Available to OnePay Cash accounts that have either (i) received Direct Deposits totaling $500+ in the current or previous month, or (ii) have a balance of $5,000+ as of the last day of the previous month. You must be 18 or older to receive Overdraft Protection. When on, Savings Backup will be used before Overdraft Protection. Overdraft balance is due right away. Transactions eligible for Overdraft Protection are at the discretion of OnePay and may exclude certain transactions (e.g., bill pay, global transfers). See details. 

6. Only applies to OnePay Cash accounts that have either (i) received Direct Deposits totaling $500+ in the current or previous month, or (ii) have a balance of $5,000+ at the end of the previous month. For all other ATM transactions the OnePay ATM Fee will apply and third-party ATM fees may be incurred.

7. Direct Deposit is required. Funds may be available up to 2 days in advance, depending on when your employer sends paycheck data.

More online banks we reviewed: American Express Business Checking, American Express National Bank, Axos Rewards Checking, Bank Of America Business Advantage Banking, Barclays Tiered Savings, Blue Federal Credit Union, Bluevine, Bmo Alto Cd, Bread Savings Cd, Capital One Cd, Chime, Cit Bank, Citi Small Business Checking, Cloudbank 247 Savings, Current, Discover Cd Rates, Etrade Max Rate Checking, Forbright Bank Cd, Grasshopper, Langley Cd, Lending Club High Yield Savings, Liberty Savings Bank, Lili, Marcus, Northone, Novo Boost, One Cash, Pacific Western Bank, Ponce, Primis Bank Checking, Rbmax High Yield Savings, Relay, Skyone, Synchrony, Synchrony High Yield Savings, Ufb Direct Savings, Upgrade Rewards Checking Plus, Us Bank, Us Bank Member Fdic, Us Bank Smartly Checking, Usalliance Financial, Valley Direct High Yield Savings, Valley Direct Savings Promo, Varo Bank, Vio Bank, Western Alliance Bank High Yield Savings Premier, Western Alliance Cd and Western Alliance High Yield Savings.