Open No Fee Checking Account 

Banks that Offer No-Fee Checking Accounts

If you were to walk into the lobby of any bank and ask by a show of hands who was interested in opening a no fee checking account, you’d be hard pressed to find any hands that weren’t raised. And why wouldn’t anyone want to have a no fee checking account? Everyone is constantly looking for ways to save more money and why not start with your checking account? What types of benefits does your bank offer you? What type of checking account do you currently have? Does your bank account offer you a no fee checking account feature? Maybe they do offer it, and all that is required to start taking advantage of it is for you to read the fine print and make a few changes that will allow you to begin seeing the benefits of a no fee checking account.

When people think of opening a no fee checking account, the first thought that comes to mind might be one of the online banks, i.e. ING Direct, Ally Bank, Emigrant Direct, etc. These banks offer consumers the chance to open a no fee checking account online. ING Direct Electric Orange Checking is a no fee checking account with no overdraft charge, no ATM surcharge and no monthly fee. You will also have access to 35,000 free ATMs. In addition, if you open Electric Orange checking and make a total of 3 debit card purchases or Person2Person payments (or any combo of the two) within 45 days of account opening, you will receive a $50 bonus automatically deposited into your account on day 50. 

Another great place to consider opening a no fee checking account is a bank such as Capital One. Capital One also has an online no fee checking account that you can take advantage of. With no fees and no minimum balance and access to over 1,000,000 ATMs worldwide, Capital One is not to be overlooked. Capital One has a no fee checking account called Interest Online Checking that pays you interest on your checking account. It is a free checking account that earns you money like a savings account. The account has no fees and no minimum deposit and requires only $1 minimum deposit. The account also offers up to $10 reimbursed monthly for other banks' ATM fees.

Search for No Fee Checking Accounts

Another no fee checking account offered by Capital One is called Rewards Online Checking. The no fee checking account lets you earn miles every time you use your debit card, write a check or pay bills online. There are no fees and no minimum balance with this account. All you need is a $1 minimum deposit to open this account and you also get up to $10 reimbursed monthly for other banks' ATM fees.

Flagstar Bank has no- fee checking accounts with no minimum daily balance, no monthly maintenance fees and they also allow you to open these no fee checking accounts with only a small deposit. In addition you will also get free online banking, free online bill pay, unlimited check writing, free funds transfers in online banking and a free ATM/debit card (upon credit approval).

BB&T Free is a no-fee checking account with unlimited check writing. BB&T Free has no minimum balance requirement and no monthly maintenance fee. It also comes with a check card, free online banking and free unlimited bill pay. All you need to get started is a $50 minimum deposit.

TD Bank has a Convenience Checking Account with no minimum daily balance for the first year. After the first year, the minimum daily balance requirement is $100. The $15 monthly maintenance fee will be waived if you meet the minimum daily balance requirement. There is no minimum initial deposition required to open the account. You first order of checks will be free. You will receive free online banking and online bill pay, as well as free online statements. If you are able to meet the minimum daily balance requirement that becomes active after the first year then this will be a no-fee checking account for you. Should you fail to meet those minimum daily balance requirements then you will have to pay their maintenance fees.

Schwab has a Brokerage plus Schwab Bank Checking Account. You can open this account with $0. There are no account service fees and you will earn interest on this account as well. You also get free standard checks, free online bill pay and a Visa platinum check card. There are no ATM fees and as long as you make cash withdrawals with your Schwab check card/debit card, you will be reimbursed for any ATM fees that you are charge, worldwide.

SunTrust has a no fee checking account simply called Free Checking. There is no minimum balance requirement and there are no monthly maintenance fees. The account comes with unlimited check writing, a free MasterCard check card, free online banking, free bill pay, free mobile banking, as well as free 24/7 automated telephone banking. SunTrust also offers: first item fee discount for NSF (insufficient funds); interest rates reductions on consumer installment loans or lines of credit; free first order of small package of checks; no annual fee SunTrust credit card with rewards and more.

MutualBank has a no-fee checking account called Guaranteed Checking. There is no minimum balance requirement, no monthly maintenance fees and it requires $100 minimum to open the account. This no fee checking account comes with online banking, bill pay, email statements, five free foreign ATM withdrawals, free specialty checks, and one waived NSF charge every 90 days (waiver must be requested by customer, and our ATM/Debit card.