America's Best Banks 2025: What is the Best Bank to Bank With?

Chase is a great choice for those who value in-person banking, boasting an extensive network of over 4,700 branches across 48 states. They also offer a cash bonus for new checking accounts, though this requires a minimum direct deposit of $500.

Bank of America's strengths lie in its vast network of branches and ATMs, providing convenient access for in-person banking. Their highly-rated mobile app also offers a comprehensive suite of digital banking tools. They cater to a wide range of financial needs with a diverse product portfolio. However, their savings account interest rates are generally low, and fees can be a factor. Therefore, Bank of America is a good choice for those prioritizing convenience and digital banking, but those focused on maximizing interest earnings may want to consider other options.

Wells Fargo offers the convenience of a large branch and ATM network alongside a comprehensive suite of financial products and services, catering to a wide range of customer needs. They also provide robust digital banking tools for online and mobile management. However, the bank's past scandals and subsequent regulatory challenges, including an asset cap, are important considerations. While they offer convenient banking options, potential customers should weigh these benefits against the bank's history and mixed reviews regarding customer service before making a decision.

Ally Bank shines as a top contender, particularly for those prioritizing online banking and competitive rates. Their online platform is user-friendly and feature-rich, offering convenient account management. Ally is known for its consistently high interest rates on savings accounts and CDs, helping customers maximize their earnings. They also stand out for their lack of monthly maintenance fees and a large ATM network, often reimbursing fees. While they don't have physical branches, their strong online presence and excellent customer service make them a compelling choice for digitally savvy individuals seeking better returns on their savings.

Discover Bank excels with its focus on customer-friendly features and rewards. They are particularly known for their checking accounts, which often offer cash back rewards on everyday purchases and have no monthly fees. Discover also boasts a good overdraft policy, minimizing fees for occasional overdrafts. Their credit cards are also popular for their cashback and travel rewards programs. While Discover may not have a vast branch network like some larger banks, their online and mobile banking platforms are well-regarded, and their customer service is generally considered strong. For those seeking a rewarding checking account experience and solid digital banking, Discover is a strong option.

UFB Direct's primary strength lies in its exceptionally competitive interest rates, especially on its high-yield savings accounts and money market accounts. They consistently offer some of the highest APYs available, making them a top choice for those prioritizing maximizing their savings returns. UFB Direct operates entirely online, which allows them to keep overhead costs low and pass those savings on to customers in the form of higher interest rates. While they lack physical branches, their online platform is generally user-friendly, and they typically offer good customer service. If your main goal is to grow your savings aggressively and you're comfortable with online banking, UFB Direct is a compelling option.