Which Bank Should I Open An Account With?

    Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase or sign up through my links, at no cost to you. Please read our disclaimer for more info.

    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 bank accounts

    Discover Alternative Investments

    aspirationAspiration ★★★★★

    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.
    robinhoodRobinhood ★★★★★

    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.
    sofiinvestSoFi 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.
    robinhoodFundrise ★★★★★

    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.

    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.

    chime logoChime5.0/50.50%Get $75 when you join and receive your first direct deposit

    On Chime's website

    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.


    sofi invest logo

    SoFi 5.0/50.25%Get paid up to 2 days early with direct deposit

    On SoFi's website

    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.

    unifimoney logoUnifimoney5.0/5 Investment and money management appNew users can get up to a $5,000 Bitcoin welcome bonus

    On Unifimoney's website

    Our Pick
    Chime Banking
    • Experience fee-free overdraft up to $200* when you set up direct deposit with SpotMe.
    • Let Chime spot you when you need that little extra cushion to cover an expense.
    • Join the millions and make the switch today!
    *SpotMe eligibility requirements apply. Overdraft only applies to debit card purchases and cash withdrawals. Limits start at $20 and may be increased up to $200 by Chime.

    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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