Press & News

Bank of Internet USA Newsroom:


Stay informed! The newsroom is your official source for all of the latest Bank of Internet USA news, press releases, and other important banking news.

Bank of Internet USA Makes NerdWallet’s 2016 Best Banks and Credit Unions List

Apr 15, 2016

Bank of Internet USA, the nationwide subsidiary of BofI Holding, Inc. (NASDAQ: BOFI), is proud to announce that it has been named one of NerdWallet’s 2016 Best Banks and Credit Unions in the Best Checking Account, Best Rewards Checking Account and Best Money Market Account categories. 

NerdWallet, an online leader in consumer finance information, reviewed more than 50 financial institutions including the largest banks in the United States, the nation’s largest credit unions and other emerging organizations within the banking industry to compile their rankings.


“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 branchless banking model: low-overhead operations paired with strong rates and innovative product features across the deposit landscape."


Bank of Internet USA received three accolades: 

  • Bank of Internet USA Rewards Checking was named a Best Checking Account and Best Rewards Checking Account due to its industry-leading rates. 
  • Bank of Internet USA CashBack Checking was named a Best Rewards Checking Account.
  • Bank of Internet USA Money Market was recognized as a Best Money Market Account. 

Bank of Internet USA, the flagship consumer banking brand of BofI Federal Bank, is consistently recognized among the best banks in the United States. Bank of Internet USA’s branchless banking model allows the bank to offer affordable, convenient, fast, and secure online and mobile banking to consumers across the nation.

For more information on Bank of Internet USA’s nominations, please visit NerdWallet’s lists for Best Checking Accounts, Best Rewards Checking Accounts and Best Money Market Accounts on NerdWallet.com.

To learn more about Bank of Internet USA checking and savings accounts, please visit BankofInternet.com.

About NerdWallet
NerdWallet gives consumers clarity around key financial decisions at every stage of their lives. When it comes to credit cards, insurance, loans or expenses such as hospital costs, consumers make almost all of their decisions in the dark. NerdWallet is changing that, helping guide consumers' decisions with free, accessible tools, research and expert advice that can't be found anywhere else. We call it putting knowledge in your wallet. For more information visit http://www.nerdwallet.com.

About Bank of Internet USA

Bank of Internet USA is oldest and most trusted internet bank in America and it is a brand of BofI Federal Bank (FDIC Certificate # 35546). Bank of Internet USA has been proudly serving clients for the last 15 years and it is one of the first banks to offer banking services exclusively online. For more information about Bank of Internet USA please visit BankofInternet.com.