To get the best possible deals, you’ll probably need to bank online—and accept the hassle of keeping different accounts at different banks.“It pays to be a free agent,” says Bankrate’s Greg McBride. “You can often get better terms by shopping around.” Here are MONEY’s à la carte recommendations.
Bank of Internet reimburses unlimited out-of-network ATM fees in the U.S. and requires no minimum balance. Plus, heavy debit-card users can get a chart-topping 1.25% interest rate with no minimum balance.
BofI charges a 2% foreign-transaction fee. And the yield is tied to your direct deposits and debit card activity; if you have direct deposits but fewer than 10 debit charges per month, for instance, you’ll earn only 0.42%.
Maintenance fee: $0
ATM fee: $0 and unlimited reimbursements
Interest on $5,000: 1.25% if you have monthly direct deposits of at least $1,000 and use the Rewards Checking Visa Debit Card at least 15 times a month
Here are MONEY’s picks for the Best Stand-Alone Bank Accounts of 2015-2016: