Finding the right bank can feel overwhelming, but we’ve done the heavy lifting for you. Here’s our rundown of the 10 best banks of 2024, each shining in its own way. Whether you’re after top-notch customer service, rewarding credit card programs, or high-yield savings accounts, this list has got you covered. We’ve looked at everything from fees and account features to customer satisfaction and convenience, so you can find the perfect banking partner to suit your needs.
Check out our picks to see which bank might be the best fit for you this year.
1. Chase Bank
BankBonus Rating: 9.0
🏆 Best: Overall
Products: Checking, savings, credit cards, loans, investments
Fees: Most accounts have monthly maintenance fees, but Chase offers ways to waive them
APY: 0.01%
Chase Bank, the largest consumer bank in the U.S., offers a comprehensive suite of financial products, including checking and savings accounts, credit cards, loans, and an investment platform. With more than 4,700 branches and 16,000 ATMs nationwide, it’s widely accessible. Chase is renowned for its lucrative credit card sign-up bonuses and reward programs, and its online banking platform is highly rated for ease of use.
2. Wells Fargo
BankBonus Rating: 8.7
🏆 Best: For Customer Support
Products: Checking, savings, credit cards, loans, mortgages, investments
Fees: Monthly maintenance fees apply, but there are options to waive
APY: 0.01%
Wells Fargo offers an extensive range of financial products and services, including mortgages and personal loans. With over 4,600 branches, it provides strong in-person support. Wells Fargo’s customer service is well-regarded, with comprehensive digital banking features and a focus on helping consumers manage finances efficiently.
3. Bank of America
BankBonus Rating: 8.9
🏆 Best: For Rewards Programs
Products: Checking, savings, credit cards, loans, mortgages, investment services
Fees: Monthly fees, but they can be waived
APY: 0.01%
Bank of America is known for its robust credit card rewards programs, making it ideal for consumers who want to maximize their spending benefits. The bank offers a full range of products and services, including investments through Merrill Lynch. With over 4,200 branches, Bank of America combines nationwide reach with an easy-to-use digital banking experience.
4. CitiBank
BankBonus Rating: 8.6
🏆 Best: For Global Access
Products: Checking, savings, credit cards, loans, investment services
Fees: Some accounts have monthly fees, but waivable
APY: 0.01%
CitiBank is a top choice for those who need global banking access, offering a strong international presence. Citi offers a full suite of products, with special highlights on their competitive credit card options. The bank’s mobile app and online banking tools are well-rated for their user-friendly features and security.
5. Capital One
BankBonus Rating: 8.8
🏆 Best: For No-Fee Accounts
Products: Checking, savings, credit cards, auto loans
Fees: No monthly fees on most accounts
APY: Up to 0.30% on savings
Capital One shines for offering no-fee banking solutions, including checking and savings accounts. It’s also well-known for competitive credit cards, particularly those with travel rewards. Capital One’s mobile banking experience is top-notch, and with its growing number of physical branches, it offers a mix of digital convenience and in-person support.
6. Discover Bank
BankBonus Rating: 8.5
🏆 Best: For High-Yield Savings
Products: Checking, savings, credit cards, loans
Fees: No monthly maintenance fees
APY: 4.30% on savings
Discover Bank is an excellent choice for those looking for a high-yield savings account with no monthly fees. While it lacks brick-and-mortar branches, Discover’s online and mobile banking tools are easy to navigate. Discover’s credit card offerings are also among the best in the industry for cashback rewards.
7. PNC Bank
BankBonus Rating: 8.4
🏆 Best: For Virtual Wallet
Products: Checking, savings, credit cards, loans, mortgages
Fees: Monthly fees apply, but they can be waived
APY: 0.01%
PNC Bank stands out for its innovative Virtual Wallet product, which helps users manage finances by categorizing money for saving, spending, and bills. PNC offers a wide range of banking services and has a strong presence in the Midwest and East Coast, with over 2,600 branches.
8. Ally Bank
BankBonus Rating: 8.9
🏆 Best: For Online Banking
Products: Checking, savings, loans, investments
Fees: No monthly fees
APY: 4.25% on savings
Ally Bank is an online-only bank that offers some of the highest savings APYs in the industry. With no monthly fees, excellent customer service, and a robust digital banking platform, Ally is a top choice for those comfortable with online banking. Ally also offers investment services and competitive loan rates.
9. U.S. Bank
BankBonus Rating: 8.2
🏆 Best: For Regional Banking
Products: Checking, savings, credit cards, loans, mortgages
Fees: Monthly fees with ways to waive
APY: 0.01%
U.S. Bank offers a full range of financial services and is known for its strong presence in the Midwest and West Coast regions. It’s a solid option for regional banking with a user-friendly digital platform. U.S. Bank also offers some excellent credit card options and a competitive loan and mortgage product suite.
10. TD Bank
BankBonus Rating: 8.3
🏆 Best: For Convenience
Products: Checking, savings, credit cards, loans
Fees: Monthly maintenance fees with ways to waive
APY: 0.01%
TD Bank is known as “America’s Most Convenient Bank” for a reason—its long hours and weekend availability set it apart from many other traditional banks. It offers a wide variety of products, including checking, savings, and personal loans. TD Bank’s customer service is highly rated, and its branches can be found along the East Coast.