October 25, 2016

While 83% of the traditional banks we analyzed offer lower fees, higher rates, or other perks if you have money in multiple accounts, you may also profit by moving some cash elsewhere—particularly if you’re already above the minimum balance or your bank doesn’t offer such benefits. Here are our selections. —Megan Leonhardt and Alicia Adamczyk

Capital One 360 Checking

WHY IT WINS: If you travel abroad regularly, fees on foreign ATM withdrawals and debit card transactions can add up quickly. Capital One 360 Checking is one of the only accounts without a maintenance fee that will keep you from getting dinged when you’re overseas, and it beats rivals by paying some interest on your balance. (The account also has no overdraft fees.) The bank scores above average in a majority of the regions it serves, according to J.D. Power’s customer service index.

CAVEAT: This account is online only.

• Maintenance fee: $0
• Foreign transaction fee fee: 0%
• Non-U.S. ATM fee: $0
• Interest: Up to 0.2% on up to $50,000.

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