We decided to dive into the depths of online banking and bring you the 10 best online banks of 2020. Our list is based on convenience, features, customer service, security, and any other relevant factors that make up the total experience.
1. Ally Bank – Ally Bank has long been known as one of the top online banks out there. They provide a full suite of banking services, including checking accounts, savings accounts, CDs, and money market accounts. Ally also offers one of the highest APYs in the industry, making it a great choice for those looking to maximize their savings.
2. Capital One 360 – Capital One 360 offers all the basics of online banking with competitive rates and fees. They also have strong mobile banking apps and the ability to manage multiple accounts. Capital One 360 is also known for its sleek and user-friendly design, making it easy to find what you need quickly.
3. Discover Bank – Discover Bank is another great choice for those looking to take advantage of the convenience and features of online banking. They offer a variety of high-yield savings accounts with some of the highest APYs in the industry, as well as other products such as CDs and money market accounts.
4. Aspiration – Aspiration is known for its honest banking approach and commitment to helping customers reach their financial goals. They offer a host of banking products, including checking, savings, credit cards, and investment accounts. Aspiration is also socially responsible, with a portion of their revenue going to environmental causes and charities.
5. Simple – Simple has become a popular choice among those looking for a hassle-free online banking experience. With no minimum balance and no fees, Simple makes it easy to manage all your accounts, and their mobile banking app is also top-notch.
6. USAA Bank – USAA Bank has become a popular choice for veterans and military members. With excellent customer service, a variety of banking products, and no minimum balance, USAA Bank is a great choice for those looking for an online bank with great features.
7. Chime – Chime is an online-only bank with no minimum balance and no fees. They offer an easy-to-use mobile banking app and make it easy to manage all your accounts. Chime also offers great perks such as direct deposit, which makes it convenient to receive your paycheck.
8. Charles Schwab Bank – Charles Schwab Bank is known for its excellent customer service and its wide array of banking products. Schwab Bank offers no-fee checking and savings accounts, as well as CDs and money market accounts. For those looking for a comprehensive online banking option, Schwab Bank is an excellent choice.
9. BBVA – BBVA is a global financial institution with a variety of banking products. They offer a free checking account with no minimum balance, and also have plenty of other savings and investment options. BBVA has also been recognized as one of the more secure online banks, so you can feel safe when banking with them.
10. Goldman Sachs Bank USA – Goldman Sachs Bank USA is an online-only bank with a full suite of banking products. They offer high-yield savings accounts, CDs, and money market accounts with some of the best rates in the industry. Goldman Sachs is also known for their secure online banking platform, making them a great choice for those looking for peace of mind.
Overall, there is no shortage of options out there when it comes to the best online banks. We hope this list of the 10 best online banks of 2020 has given you some insight into finding the right one for you. With the convenience and features of online banking becoming more and more accessible, now is the perfect time to make the jump into the world of online banking.
Article Created by A.I.