We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more.

  1. Banking
  2. Bank Accounts

Checking: Ally Interest Checking

Published: Oct 23, 2014

Branches: None

Account terms

  • Maintenance fee: $0
  • ATM fee: $0, plus ­reimburses ­unlimited surcharges from other banks
  • Interest on $2,500: 0.10%

Why it’s a winner: Free checking with a top-tier yield and the ability to withdraw from any ATM without cost. The 0.10% rate on up to $15,000 is very good for those balances. And if you have $15,000-plus, you get a hefty 0.60%.

Caveats: Some smaller banks are competitive on interest for lower balances (see Capital One). But Ally takes the edge for reimbursing unlimited ATM surcharges with no minimum balance.