Online banks operate without branches. They tend to pay higher rates and charge lower fees than traditional banks. Many, or all, of the products featured on this page are from our advertising partners ...

Online banks typically offer lower fees and better interest rates than traditional brick-and-mortar banks but may lack certain products and services. Many or all of the products on this page are from ...

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation.

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Are you looking for a bank that offers minimal fees and a competitive interest rate? Do you value convenience and efficiency over face-to-face customer service? If so, an online bank might be for you.