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Banks and Credit Unions That Offer Free Checking Accounts

September 11, 2017

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Whether you’re looking for your first checking account or want to switch to a different one, the number of choices can be overwhelming. Start by looking for a free checking account. Free checking accounts are a great deal — and they come in various forms.

Here are the five main types of free checking accounts:

  • $0 monthly fee with no minimum balance and no minimum deposit requirements
  • $0 monthly fee with an opening deposit requirement
  • $0 monthly fee with a balance requirement
  • $0 monthly fee with age requirement
  • $0 monthly fee with direct deposit, military affiliation, bank relationship or another requirement

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