Which Bank Should I Open An Account With?

Updated: September 9, 2022

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.

▸ Table of Contents +

Discover Alternative Investments

Image	Description	Go
	Aspiration ★★★★★ Boost your savings and earn up to 1.00% APY interest on your savings and up to 10% cash back on your purchases. Plus, get a $150 bonus when you spend your first $1,000 with your new Aspiration Plus Card.	COLLECT BONUS
	Robinhood ★★★★★ Make unlimited commission-free trades in stocks, funds, options, and crypto with Robinhood. Create a new account and get up to $225 in reward stocks.	CLAIM REWARDS
	SoFi Invest ★★★★★ Dogecoin is now available on SoFi Invest. SoFi Invest offers a diverse array of investment products for different financial goals and risk tolerances including IPOs, cryptocurrencies, and other assets.	START INVESTING
	Fundrise ★★★★★ Fundrise offers crowdsourced real estate investing, most real estate investing platforms are only open to accredited investors, but Fundrise makes it accessible to all investors.	GET STARTED

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.

Highest APY
5.0	5.0	4.5
APY 5.00%	APY 4.00%	APY 2.10%
Start Saving	Start Saving	Start Saving

Highest APY

5.0

APY 5.00%

Start Saving

5.0

APY 4.00%

Start Saving

4.5

APY 2.10%

Start Saving

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.

	$10 Bonus
4.5	4.0	4.9
Pros: APY: 4.00%	Pros: APY: 0.00%	Pros: APY: 5.00%
Learn More	Learn More	Learn More

4.5

Pros:

APY: 4.00%

Learn More

$10 Bonus

4.0

Pros:

APY: 0.00%

Learn More

4.9

Pros:

APY: 5.00%

Learn More

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.

Best for commission-free trades Robinhood	Best for automatic investing Stash	Best micro-investing app Acorns

4.5	5.0	4.0
Promotion: free stock worth up to $225	Promotion: $20 sign up bonus	Promotion: $10 sign up bonus
CLICK HERE TO DOWNLOAD	CLICK HERE TO DOWNLOAD	CLICK HERE TO DOWNLOAD