Best Bank Accounts for 2022 [Updated]

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Looking for a new bank account? Perhaps one with a lucrative bank account bonus?

best bank accounts

For our annual Best Banks ranking, the experts at My Millennial Guide analyzed over thousands of data points across more than 120 banks.

We did the research so that your hard work can pay off with the best rates at the best banks.

Best Online and High Yield Savings Accounts of 2022

Choose a high-interest savings account from our list of top banks to start saving today.

 
 
 
 
4.5
4.5
4.0
4.0
APY:
APY 4.21%
APY:
APY 4.13%
APY:
APY 4.05%
APY:
APY 4.00%
4.5
APY:
APY 4.21%
4.5
APY:
APY 4.13%
4.0
APY:
APY 4.05%
4.0
APY:
APY 4.00%

Best Online Checking Accounts of 2022

For convenience and flexible money management, you can’t beat a checking account. Our best checking accounts list includes many top banks with no-fee and online banking options.

Bank/institution MMG Rating APY Learn More
$150 bonus
  • 5.0
  • APY: 1.25%
  • 4.0
  • APY: 0.00%
  • 4.9
  • APY: 5.00%
  • 4.5
  • APY: 1.50%
$150 bonus
5.0
APY: 1.25%
4.0
APY: 0.00%
4.9
APY: 5.00%
4.5
APY: 1.50%

Best Money Market Accounts

Money market accounts boost your savings interest and can even offer you exclusive perks. Take a look at our list to see how you can use the best money market accounts to your advantage.

Bank/institution / Price Product Name Learn More
Highest Rate
  • UFB Elite Money Market
  • American First Credit Union Money Market Deposit Account
  • Lemmata Savings Bank Money Market Deposit Account
  • mph Bank Money Market Account
  • Ponce High Yield Money Market Account
Highest Rate
UFB Elite Money Market
American First Credit Union Money Market Deposit Account
Lemmata Savings Bank Money Market Deposit Account
mph Bank Money Market Account
Ponce High Yield Money Market Account

Want an Online Broker For Stock Trading?

Finding the right brokerage account for your financial goals can be challenging. Make that smart money move to boost your financial power and start investing today.

Bank/institution MMG Rating Price Learn More
Micro-investing app
  • 4.0
  • $15 sign up bonus
Commission-free
  • 4.5
  • Free stock worth $5-$200
Automatic investing
  • 5.0
  • $5 sign up bonus
Micro-investing app
4.0
$15 sign up bonus
Commission-free
4.5
Free stock worth $5-$200
Automatic investing
5.0
$5 sign up bonus

Bank Bonuses Expiring Soon:

Enjoy financial incentives for opening a new checking account with current promos expiring soon:
Axos Bank
Albert
Upgrade
Pros:
  • Must receive monthly direct deposits totaling $1,500 or more.
Pros:
  • Must receive a direct deposit within 45 days and use your Albert debit card.
Pros:
  • Must open a Rewards Checking account and make 3 debit card transactions.
Axos Bank
Pros:
  • Must receive monthly direct deposits totaling $1,500 or more.
Albert
Pros:
  • Must receive a direct deposit within 45 days and use your Albert debit card.
Upgrade
Pros:
  • Must open a Rewards Checking account and make 3 debit card transactions.

About the author

Brian Meiggs
Brian Meiggs
Brian Meiggs is a personal finance expert, and the founder of My Millennial Guide, a personal finance site helping you put more money in your pocket. He helps millennials follow the smart money in order to increase their earning potential and start building wealth for the future. He regularly writes about side hustles, investing, and general personal finance topics aimed to help anyone earn more, pay off debt, and reach financial freedom. He has been quoted as a top personal finance blogger in major publications including Yahoo! Finance, NASDAQ, Discover, MSN Money and more.

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