The Motley Fool Money's 2025 Bank and Bank Account Awards

Capital One 360 Performance Savings is an excellent choice for anyone seeking high APYs and low fees in an online bank -- while still enjoying the personalized support of physical branches. With a highly rated mobile app and Capital One, it’s ideal for the hybrid banker who values flexibility in managing their finances.

LendingClub LevelUp Savings features an impressive APY that rewards you for making monthly deposits. With zero account fees, it offers a straightforward and cost-effective way to grow your savings. Plus, you’ll receive an ATM card for easy access to your funds at thousands of ATMs nationwide. Best of all, you can start your savings journey with just $1.

Quontic High Interest Checking offers one of the highest APYs available. While you need to make 10 qualifying debit card purchases of $10 or more each statement cycle to unlock the top interest rate, this account is still an excellent way to maximize your savings compared to traditional checking options. Additionally, it features no monthly fees and provides access to fee-free ATMs, making it a smart and cost-effective choice for managing your money.

Available for free to Charles Schwab Bank brokerage customers, Schwab Bank Investor Checking™ offers unlimited domestic and international ATM reimbursements. Charles Schwab Bank also doesn't charge a foreign transaction fee (which can be 1% to 3% of the transaction cost). In addition, there is no minimum deposit requirement and no minimum balance requirements.

Ally's banking approach carries over to its money market account with a high APY and a focus on cutting routine account fees to $0, including monthly maintenance. What's more, there are no minimum balance requirements.

Synchrony Bank provides some of the best online CD rates and is an excellent choice for beginner savers. With no minimum deposit required to open an account, you also benefit from the flexibility to withdraw interest earnings penalty-free before maturity.

With unique term lengths ranging from as short as three months to as long as 10 years, Discover® Bank is an excellent choice for CD laddering, allowing you to maximize your returns and maintain liquidity. And Discover® Bank dropped its minimum account balance for CDs to $0.

Discover® Bank offers one of the largest branch networks in the nation, without neglecting the online experience, offering simple online and mobile tools to manage your funds. If you have one account with Discover® Bank, there's a good incentive to open up one or two more, with the bank's relationship benefits. What's more, the bank shines with its overall customer service.

The Discover® Bank mobile app consistently receives some of the highest customer ratings in app stores. You can view your account activity and make payments, but the standout feature here is Discover® Bank's Spend Analyzer, which can help with budgeting and savings goals.

The PNC Virtual Wallet Student account combines two checking accounts and a savings account into one comprehensive banking solution designed specifically for students. With no monthly fees, no minimum balance requirements, and easy access to your funds, it’s the perfect option for students looking to establish a strong banking relationship.

Navy Federal Credit Union offers competitive rates on CDs for military members and their families, and ensures more money stays in your pocket by minimizing fees on all its accounts. Rates on checking and savings accounts aren't quite as high. But the other perks of Navy Federal Credit Union membership, including discounts on popular products and great customer service, could make up for this.

SoFi® (Member FDIC) offers a dual banking approach by pairing its checking and savings accounts, which both earn competitive rates. Along with scoring high APYs, customers gain access to several relationship benefits as SoFi® members, like earning rewards redeemable for cash, fractional investment shares, statement credits, and loan payments. With no account fees or minimum balance requirement, SoFi® is a great option for individuals looking for both a checking and savings account.

Bank of America's Preferred Rewards program offers top-notch perks to many of the financial products that Bank of America offers like credit card rewards and lower loan fees. However, there is a minimum balance requirement in order to become eligible, and there are five tiers in the program with their own qualifying balances.

Monarch Money is the ideal budgeting app for couples and families, providing a centralized platform to sync all your financial data in one place. With a monthly or annual subscription, you can link all your financial accounts, making it easy to manage shared expenses and savings goals. The app also allows you to track your net worth and monitor progress toward important milestones, such as building an emergency fund or saving for a family vacation.

Rocket Money is a great solution for bill negotiation and subscription management, simplifying the task of overseeing multiple bank and credit card accounts. This user-friendly platform consolidates all your accounts, allowing you to easily check balances, view upcoming expenses, and create customized budgets with just a few clicks. Plus, it helps you identify and negotiate bills, ensuring you get the best deals and manage your subscriptions effectively.