Bank of Internet USA (“BofI USA”), the nationwide subsidiary of BofI Holding, Inc. (NASDAQ: BOFI), is excited to announce that its Rewards Checking has been named Best Stand-Alone Account for Checking by Time.com and MONEY® Magazine as part of their Best Banks in America for 2015-16 rankings.
According to MONEY®, Bank of Internet USA Rewards Checking was selected as a winner because of the ability to provide a compelling 1.25% interest rate with no minimum balance for heavy debit-card users. They also listed its unlimited out-of-network ATM fee reimbursement as a factor in its top ranking.
Bank of Internet USA Rewards Checking provides consumers with zero monthly maintenance fees and zero overdraft fees. The account also offers free mobile banking, free mobile deposit and free online bill pay.
BofI USA Rewards Checking was selected following a survey by MONEY® of the 50 largest brick-and-mortar banks and the 25 largest online banks by consumer deposits, based on data from financial services consulting firm Novantas. To read the review of Bank of Internet USA Reward Checking in its entirety, please click here.
Bank of Internet USA’s innovative branchless banking structure allows the bank to pass along industry-leading rates to its customers through its portfolio of consumer products. To learn more about the products and services offered by Bank of Internet USA, please visit BankofInternet.com.
About Bank of Internet USA
Bank of Internet USA is the 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.