3 best banks in America reviewed

What bank should I use? Find the answer in this article – the best banks in the USA ranked and reviewed. Find your new bank today. 

Did you know that a large percentage of Americans still have their bank account in the same bank where they first had a bank account as teenagers? If you’re one of these people or if you simply haven’t looked into your banking options lately, this article is for you. The truth is that today there are dozens of new online and brick-and-mortar banks that are just as reliable as the banks that have existed for decades but their interest rates are often much higher and their fees are lower. Below we will talk about the best banks that exist today and discuss their pros and cons. 

Ally – the best online bank 

If you hate going to the bank and prefer to take care of things online, Ally is the perfect choice for you, as this bank conducts all of its operations online, so there are no brick-and-mortar locations. Ally Bank has almost 50,000 ATMs all over the United States and they offer customer support online and by phone. With Ally, you can open pretty much any type of account out there and one of the biggest advantages of this bank is that it doesn’t have any monthly account fees or minimum balance requirements. 

Capital One – the best bank when it comes to customer service

Capital One is a more traditional banking choice than Ally. This bank has thousands of brick-and-mortar locations all over the country and it also offers online banking, customer support online and by phone and mobile banking in the app. Just like Ally, Capital One doesn’t have any account maintenance fees or minimum balance requirements, making it a great choice if you don’t keep lots of money in your bank account. Capital One also gives its customers access to many different account types, including savings and checking accounts for children and teens. 

Betterment – the best online bank for aspiring investors

Betterment is another great choice when it comes to online banks. If you’re looking to invest money and get the largest return possible, consider opening a savings account with Betterment, as the minimum balance requirement is only $10 and the rate is among the highest on the market. There are also several account types where the money in the account is invested in a portfolio put together by a financial advisor, allowing you to make a profit on the money in the account while paying only 0.25% a year as a management fee if you have less than $100,000 in the account. This bank also doesn’t have any account maintenance fees.