Best Online Banks of 2026

Revolut has transformed from a travel money card into a full-service digital bank. The Ultra tier offers an industry-leading 4.50% APY on savings with no minimum deposit requirement. You get fee-free international transfers in 30+ currencies, real-time spending notifications, and a metal card with 1% cashback on all purchases. Their budgeting tools and subscription management features are among the most sophisticated we've tested. The mobile app consistently ranked highest in our UX evaluation across all 47 banks reviewed.

SoFi continues to impress with its completely fee-free checking and savings account that delivers a competitive 4.20% APY. Direct deposit unlocks the full rate with no minimum balance requirement. The integrated ecosystem lets you manage student loans, personal loans, investing, and everyday banking from a single app. SoFi Relay, their free credit monitoring tool, adds genuine value. Their customer support has improved significantly, with average wait times under 3 minutes in our testing.

Wealthfront's Cash Account delivers a solid 4.00% APY backed by FDIC insurance up to $8 million through their partner bank network. The real differentiator is the seamless integration with Wealthfront's robo-advisor. Excess cash above your target balance is automatically invested according to your risk profile. The Self-Driving Money feature intelligently routes your paycheck between bills, savings, and investments. Minimalist interface, but deliberately so — Wealthfront is built for set-it-and-forget-it savers.

Ally Bank pioneered online banking and remains one of the most trusted names in the space. Their 3.85% APY is slightly below newer competitors, but the breadth of products is unmatched: checking, savings, money market, CDs, IRA accounts, and a full brokerage. Ally's Buckets feature lets you organize savings goals within a single account. Their 24/7 customer support via phone, chat, and email consistently receives high satisfaction ratings. For customers who want a complete banking relationship with a single institution, Ally is hard to beat.

Marcus leverages Goldman Sachs' 150+ year reputation to deliver a no-frills, high-trust savings experience. The 3.90% APY is competitive, and their CD rates are among the best available for 12-month and 18-month terms. Marcus doesn't offer checking accounts or a debit card — it's purely a savings and CD product. Their no-fee personal loans remain a standout offering with rates starting at 6.99% APR. The interface is intentionally simple, making it ideal for savers who don't need bells and whistles.