Bank of Internet USA is excited to announce that we have made NerdWallet’s 2016 rankings for Best Checking Account, Best Rewards Checking Account and Best Money Market Account.
NerdWallet, a leading online resource for consumer financing information, has named our Rewards Checking as a Best Checking Account and Best Rewards Checking Account due to our industry leading rates. According to NerdWallet, “Bank of Internet’s Rewards Checking account has an exceptionally high interest rate of up to 1.24%, which is thirty times the current national average rate for interest checking.”1
Our CashBack Checking also made the rankings for Best Rewards Checking Account under the subcategory of Best Cash-Back Rewards.
As for our savings accounts, Bank of Internet USA’s Money Market was recognized as one of NerdWallet’s Best Money Market Accounts with its easy check writing capabilities and fund transfers giving you more ways to access your money.
“We’re pleased to recognize Bank of Internet USA in several categories, as they’ve been at the forefront of online banking for quite a while and haven’t gotten enough credit for it," says Devan Goldstein, NerdWallet Banking Expert. "They’ve stayed true to the online-only model: low-overhead operations paired with strong rates and innovative product features across the deposit landscape."
NerdWallet reviewed more than 50 financial institutions including the largest U.S. banks, the nation’s largest credit unions and other notable organizations in the industry.
1 NerdWallet “NerdWallet’s Best Rewards Checking Accounts” https://www.nerdwallet.com/blog/banking/best-rewards-checking-accounts/