Top online banks of January 2024: The absolute best options

January 24, 2024
1 min read

The popularity of online banking has led to the closure of physical bank locations, as consumers opt for the convenience of digital transactions. Online banks, also known as internet or digital banks, operate primarily or exclusively through digital platforms and offer a range of financial services similar to traditional banks. Here are some of the best online banks in January 2024:

  • Ally Bank: No minimum opening deposits or monthly maintenance fees, offers a variety of financial products
  • Capital One: Ranked number one by J.D. Power US National Banking Satisfaction Survey, no minimum deposit or balance requirements
  • Discover Bank: Offers checking and savings accounts, money market and retirement accounts, and certificates of deposit
  • Sofi: High-yield hybrid bank account with competitive APY, no fees or out-of-network ATM charges

These online banks provide convenience, competitive rates, and a range of financial products to meet the needs of digital-savvy consumers.

Previous Story

CFPB fights to halt ‘abusive’ fees on declined transactions instantly.

Next Story

Third South Summit demands reform for global financial architecture.

Latest from Blog