Best Online Checking Accounts – Updated June 2012

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Take a Look at our reviews for Online Checking Accounts

As the Internet has continued to expand into virtually every facet of our lives, one area that has really become popular with many people is online checking accounts. Online checking accounts allow people to open up checking accounts without the need to visit bank branches on a regular basis to withdraw money, add money, or manage their money. This makes it very convenient for those with busy lifestyles. It also makes it possible for people to open up checking accounts with banks that are not in their immediate geographic area, as this was impossible before the advent of online checking accounts. There are many online checking accounts for you to consider to take advantage of these benefits.

Online checking accounts provide some of the best features around, plus most of them don’t charge you with fees or make you meet certain requirements in order to avoid fees, such as having to make a specific number of transactions with your debit card each month. Many online banks provide great ATM access programs as well. In addition, many of the online banks (including the ones that will be mentioned below) are FDIC-insured and offer the highest security features in order to protect your online accounts and assets.

Some of the Best Checking Accounts 2012

First National Bank Omaha ReviewFNBO (First National Bank of Omaha) Direct Online BillPay Account provides an online checking account with a free debit card and a bill pay feature. They use an easy Web interface so that you can feel comfortable paying your bills and checking your account online if you’ve never used online banking before. First National Bank of Omaha is the largest privately owned banking company in the United States, so you can be pretty confident that this bank will be around for a while and will strive to provide excellent customer service. There are also no monthly fees or minimum balance requirements to maintain with this account.

You can find out more information and open up an account at this link: First National Bank of Omaha


ING Direct Online Checking Account ReviewAnother great online checking account option is the ING DIRECT Electric Orange Account. This account provides a free debit card, free ATM use within their large network, send online checks for free, offer physical checkbooks if you prefer, require no minimum balance, and charge no monthly fees. ING DIRECT just released an iPhone app to allow you to do your online banking from your cell phone as well. As an added bonus, you gain a small amount of interest on your account balance. If your account balance is large enough, you can earn higher interest rates as well. In addition, you also gain a $50 bonus for opening an account with them.

You can find out more information and open up an account at this link: ING Direct Online Checking


Perk Street Online Checking Account ReviewPerkStreet Financial offers an online checking account that provides cash back reward checking. This allows you to earn up to 5% cash back in some spending categories, while earning 2% cash back elsewhere as long as you maintain a certain balance in your account. PerkStreet provides the perfect alternative for those who want cash back rewards without the need to apply for a credit card.

You can find out more information and open up an account at this link: PerkStreet Financial


Everbank Yield Checking Account ReviewA fifth online checking account for you to consider is EverBank Yield Pledge Checking. EverBank provides one of the best online checking account interest rates, as they promise to always be in the top 5% when it comes to providing the highest interest rates. You need to have at least $1,500 to open an account with them, so this online checking account is not for everyone. Another drawback to this online checking account is that you need to maintain a minimum balance of $5,000 to avoid fees. They do provide unlimited check writing, and because they only take on a limited number of customers, you are virtually guaranteed to get a very high rate of customer service. In addition, they provide live 24/7 customer service and allow you to deposit checks into your online account by scanning them.

You can find out more information and open up an Online Checking Account at this link: EverBank Online Checking Account


That’s a Rap for Our Reviews for Online Checking Accounts

As you can see, there are many online checking accounts for you to consider. Most of them provide you with the advantages of not having to maintain minimum account balances or pay monthly fees, and all of them give you the convenience of doing your banking online. Some of these online checking accounts also provide some interest on your account balances. Some of them are also allowing you to make direct deposits online, and more of them are working to offer this feature in the near future. If you do not need the convenience of going to a nearby local branch to do your banking, consider opening up one or more online checking accounts to do your banking and manage your checking transactions.