Top 10 Banks in America

Are you looking for the top banks in America? Then look no further! Discover the best banks in the US in this article now!

✔ Last updated: 2020-08-10

We made a comparison chart of the biggest banks today and we compared these top banks in America. Understand how big these banks are and learn about the different services that they offer!

Rank

Service Provider

Features

Visit Site

★★★★★
100+ Ratings

Internet bank that is easy to access using mobile banking that offers low fees and good interest rates.

✔ Monthly Fees: None
✔ Online or In-Branch: Online Only

★★★★★
100+ Ratings

One of the most popular banks in the US with thousands of ATMs and branches. Get the help you need with managing your money by contacting their excellent customer service.

✔ Monthly Fees: $0-$12
✔ Online or In-Branch: Both

★★★★★
100+ Ratings

This top-ranking bank might offer lower interest rates, but they make up for it by giving their customers low fees and excellent reward bonuses. They also have a mobile banking with very useful tools.

✔ Monthly Fees: $0-$12
✔ Online or In-Branch: Both

★★★★
100+ Ratings

This bank has been running for a long time with a lot of branches and ATMs. They also offer a lot of useful budgeting and banking tools.

✔ Monthly Fees: $0-$10
✔ Online or In-Branch: Both

★★★★
100+ Ratings

You will never have to worry about monthly fees, and they also offer reasonable interest rates.

✔ Monthly Fees: None
✔ Online or In-Branch: Both

★★★★
100+ Ratings

Manage your money anywhere by using their virtual wallet with budgeting and banking tools.

✔ Monthly Fees: $0-$7
✔ Online or In-Branch: Both

★★★★
100+ Ratings

A great banking option that has thousands of branches, high customer ratings and a wide range of financial products.

✔ Monthly Fees: $7
✔ Online or In-Branch: Both

★★★
100+ Ratings

A great banking option that does not charge foreign transaction fees on debit card purchases and offers reasonable interest rates. Their 24/7 customer service is excellent, too.

✔ Monthly Fees: $0-$15
✔ Online or In-Branch: Both

★★★
100+ Ratings

A popular bank that offers rewards points, dedicated support for fraud and identity theft, and wide range of accounts.

✔ Monthly Fees: $0-$12
✔ Online or In-Branch: Both

★★★
100+ Ratings

A great banking option that offers cashback, high interest rates, mobile and online banking tools.

✔ Monthly Fees: None
✔ Online or In-Branch: Online Only

Choosing the Right Bank

There are endless options when it comes to financial institutions and there are also a variety of products and services that these top banks in America offer. So how would you choose among national banks, community banks, credit unions, and digital-only banks?

In choosing the right bank for your needs, you have to consider the services and features that are essential for you. Here are some of the most important things you need to add to your checklist when choosing the perfect bank.

Type of Accounts They Offer

Some people prefer to keep off their accounts at a single bank, while others like to spread out their money to get the best deal on fees and rates.

There aren’t any limits to how many bank accounts you can have. You are free to customize your financial structure as you see fit.

Fees And Rates

Some institutions might charge you fees for monthly maintenance, overdrafts, money transfer between accounts, sending paper statements and monthly maintenance.

But if you are looking for a one-stop shop, you must learn about the interest rates that you would pay on credit cards and the rates you would earn on your deposit accounts. You might think that an annual percentage yield of 1.50% for a savings account is not much, but it is one of the better rates available.

Branches and ATMs Available

In choosing the perfect bank, you might check your lifestyle and preferences first. Some people prefer talking with a person face to face, while some are more comfortable doing their transactions over the phone or on the computer. There are also people who travel a lot and these type of people need to be able to withdraw cash wherever they are. So if your lifestyle fit in these categories, then you might want to consider online or mobile-only banks.

How Safe is Your Money

Most people have insurance to protect their health, car or even home. So it is also wise to have insurance for your cash as well. Find a bank whose deposits are backed by the Federal Deposit Insurance Corp. This federal agency will insure balances of up to $250,000 if the bank fails.

Our Final Words

Choosing the right bank from these top 10 banks in America is a personal decision. Once you pick the right bank for you, you will also have to choose the accounts to go with it.

Decide on what matters to you and analyze your options. If you have business elsewhere, you can always switch banks.