Find the best high-yield reward Checking Account rates available nationwide here. We track rates from over 1,000 banks and credit unions to come up with the list below.
Low risk ways to earn interest with your funds include Checking, Savings/Money Market and CD accounts. While it’s generally not the best idea to put all your investment funds into these accounts, they are a good way to diversify your overall investments.
Reward Checking Vs. Savings Vs. CDs
- Reward Checking Accounts: These accounts generally can have rates matching or beating those of the best Savings or CD accounts. But, the accounts earning the highest rates typically have maximum balance restrictions for said rates. Lately, the maximum has been in the $10k – $30k range. The advantage is the use of Checking account features like checking writing, ATM withdrawals, debit card use and bill pay.
- Savings/Money Market Accounts: These accounts generally earn lower rates than CD accounts. They have the advantage of allowing you access to your funds without penalty. You can make 6 withdrawals per month per federal regulations. For most accounts, you can withdraw the entire balance and close your account at any time without penalty. So, this serves as a good option for emergency funds.
- CD Accounts: These will usually earn higher rates than Savings accounts for terms 1 year and greater. The disadvantage is that you won’t have access to your funds for the length of the CD term without an early withdrawal penalty. No-Penalty CDs are the exception, but those are mostly limited to shorter terms.
Our Top Banking Guides:
- Best Bank Account Bonuses
- Best Free Personal Checking Accounts
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Featured Checking Promotions
While the following checking accounts don’t earn a high yield, there are welcome bonuses available.
See the high yield checking offers further down below.
Chase Checking Bonus: $300 Chase Total Checking® Offer [Nationwide] – Ends 1/22/2025 - Discover the latest Chase checking bonus offer: New customers can earn a $300 bonus by opening a qualifying Chase Total Checking® account and completing qualifying activities. Find current Chase Total Checking coupon codes and start enjoying your bonus today! Introduction:… GET OFFER
BMO Checking Account $300 Cash Bonus – Ends 2/3/25 - Get a $300 cash bonus* from BMO when you complete an account opening for a checking account before 2/3/25. Choose from two offers tailored to meet your banking needs. Looking for an easy way to earn a cash bonus* while… GET OFFER
Earn $300 With TD Bank Beyond Checking Bonus – Ends 1/1/25 - You can pocket a cool $300 just by signing up for a new TD Bank Beyond Checking account! All you gotta do is sign up online and set up a direct deposit. The TD Beyond Checking account is TD Bank's… GET OFFER
Axos Bank Rewards Checking Up To $500 Welcome Bonus & 3.30% APY – Ended - Earn up to $500 for a new Rewards Checking account from Axos Bank with this promotion. Direct deposit will be required for this offer. Full details below! Axos Bank’s Rewards Checking account is a high-interest checking account with no monthly fees… GET OFFERBest High-Yield Reward Checking Rates
Included are only those accounts that are available nationwide. Many of the best rates are currently available through credit unions. We only include ones where membership is available nationwide.
APY = Annual Percentage Rate
OnPath Federal Credit Union: Earn 7.00% APY With High-Yield Reward Checking
Louisiana's OnPath Federal Credit Union has recently launched its Rewards High-Yield Checking account, a promising option for savers. This account boasts an impressive 7.00% APY on qualifying balances up to $10,000, with a minimum opening deposit of just $25. This… GET OFFER
Signature FCU High Yield Checking Offer: 4.00% APY (Nationwide)
Signature Federal Credit Union offers very good rates for their High Yield Checking account. The offer is available nationwide via easy membership. Update 1/31/2024: The APY rate for Signature FCU increased to 4.00%. Signature Federal Credit Union (Signature FCU), with… GET OFFER
Andrews Federal Credit Union: 6% APY Top-Tier Kasasa Cash Checking
Andrews Federal Credit Union, based in Maryland, is now offering Kasasa Cash Checking, a high-yield reward checking account featuring an attractive 6.00% APY on qualifying balances up to $25k. Additionally, they offer a Kasasa Saver account with a 2.00% APY… GET OFFER
Pelican State Credit Union Kasasa Cash Rewards Checking Offer: 5.11% APY (Nationwide)
Pelican State Credit Union offers market-leading rates for their Kasasa Cash rewards checking account. See current rates below. Pelican State CU was established in 1956 and is headquartered in Baton Rouge, LA. They offer competitive rates for their reward checking… GET OFFER
Market USA FCU High Rate VIP Checking Platinum Tier Rate Offer: 4.50% APY (Nationwide)
Market USA FCU offers one of the most competitive high-yield checking rates. See current rates below. Update 5/28/23: Platinum Tier APY incrased from 4.00% to 4.50% Update 2/15/23: APY rates updated Market USA FCU is headquartered in Laurel, Maryland. They have locations… GET OFFER
Presidential Bank (MD) Advantage Checking Rate Offer: Up To 4.62% APY (Nationwide)
Presidential Bank (MD) offers competitive rates for their reward checking account. See current rates below. Update 5/28/23: APY rates updated from 4.625% and 3.625% to 4.62% and 3.62%. Update 2/27/23: APY rate increased from up to 4.25% to up to 4.625%. Update… GET OFFER
Redneck Bank Rewards Checking Earns 5.30% APY (Nationwide)
Redneck Bank offers competitive rates for their Rewards Checking account. See current rates below. Update 5/28/23: The APY rate increased from 4.80% to 5.30% Update 4/4/23: The APY rate increased from 4.50% to 4.80% Update 2/15/23: APY rate increased from… GET OFFER
All America Bank Ultimate Rewards Checking Offer: 5.30% APY (Nationwide)
All America Bank 's Ultimate Rewards personal checking account offers one of the best high-yield checking rates. See current rates below. Update 5/28/23: The APY rate increased from 4.80% to 5.30%. Update 4/4/23: The APY rate increased from 4.50% to… GET OFFER
Elements Financial High Interest Checking Rate Offer: Up To 5.00% APY (Nationwide)
Elements Financial offers competitive rates for their High Yield Interest Checking account. See current rates below. Elements Financial is headquartered in Indianapolis, Indiana. They have locations in Indiana only and was established in 1976. They offer one of the most attractive… GET OFFER
Parsons Federal Credit Union Kasasa Cash Offer: 3.00% APY (Nationwide)
Parsons FCU offers a competitive rate on its high-yield checking account. See current rates below. Update 2/15/23: Update rate offer qualifications. Parsons Federal Credit Union is headquartered in Pasadena, California. They were established in 1975. Membership in Parsons Federal Credit Union… GET OFFER
T-Mobile Money Checking Account Offer: Up To 4.00% APY (Nationwide)
T-Mobile Money offers it's T-Mobile and Metro mobile customers one of the best rates on its high-yield checking account. See current rates below. T-Mobile Money is an internet-only banking service and has no branch locations. They are headquartered at 12920… GET OFFER
Securityplus Federal Credit Union Xceptional Checking Offer: 3.00% APY (Nationwide)
Securityplus Federal Credit Union offers a competitive rate on its high-yield checking account. See current rates below. Securityplus Federal Credit Union was established in 1938 and is headquartered in Baltimore, MD. They have locations in Maryland only. Their checking accounts are… GET OFFER
Oklahoma Central Credit Union Rewards Checking Offer: 3.00% APY (Nationwide)
Oklahoma Central Credit Union offers a competitive rate on its high-yield checking account. See current rates below. Oklahoma Central Credit Union was established in 1941 and is headquartered in Tulsa, OK. They have locations in Oklahoma only. Their checking accounts are available… GET OFFER
Lake Michigan CU Max Checking Rate Offer: 3.00% APY (Nationwide)
Lake Michigan Credit Union offers a competitive rate on its high-yield checking account. See current rates below. Lake Michigan Credit Union is headquartered in Grand Rapids, Michigan. They have locations in Florida and Michigan and were established in 1933. Their Max Checking… GET OFFER
Liberty Federal Credit Union Vertical Checking Offer: 3.45% APY (Nationwide)
Liberty FCU offers one of the most competitive high-yield checking rates. See current rates below. Liberty Federal Credit Union was previously known as Evansville Teachers FCU. They're a member-owned financial institution focused on returning value through innovative products and services.… GET OFFER
Department Of Commerce FCU Performance Checking Offer: 3.50% APY (Nationwide)
Department of Commerce FCU offers one of the best high-yield checking rates. See current rates below. DOCFCU is headquartered in Washington, DC. Membership in DOCFCU is open to all U.S. citizens and resident aliens through membership in the American Consumer… GET OFFER
Consumers Credit Union (IL) Free Rewards Checking Offer: 5.00% APY (Nationwide)
Consumers Credit Union (IL) offers competitive rates for their Rewards Checking account. See current rates below. Consumers CU was established in 1930 and is headquartered in Gurnee, Illinois. They have locations throughout Illinois. They offer competitive rates for their reward checking account. Membership… GET OFFER
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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