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Are you shopping for a new bank thanks to the new bank fee increases?
Here are four banks that are still offering awesome perks, like free interest-bearing checking accounts and high-yield savings accounts.
Capital One 360
Capital One 360 offers a variety of products including checking, savings, loans, investing, retirement, and business services to their customers.
With Simple banking, there are no fees whatsoever. A variety of budgeting and saving tools are built into your account, including advanced record keeping, separate savings pools for your goals, and the Safe-To-Spend feature, which subtracts upcoming bill payments and pending transactions to give you an accurate idea of how much money you actually have on hand. You get a Visa debit card for making transactions anywhere Visa is accepted and at more than 50,000 fee-free ATMs. While the APY is only 0.01%, Simple is still a solid choice thanks the built-in tools and the lack of fees.
Discover’s Cashback Checking is definitely worth checking out. You can earn 1% cashback on up to $3,000 in debit card purchases.
Discover’s savings account is also quite attractive. At .40%, the APY is over the National Savings Average. There are no monthly maintenance fees or balance requirements.
Ally Bank was named one of the Best Banks of 2011 by Money Magazine, and offers checking, savings, retirement, and auto financing services.
Checking account: APY is 0.10% on accounts with under $15,000 and 0.25% on accounts with over $15,000. No fees and minimums. Savings account: APY is 0.50% with no fees and minimums.
All the banks on this list are FDIC insured.