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Best Banks and Credit Unions 2018

Oct. 19, 2018
NerdWallet adheres to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from partners. Here’s how we make money.
We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. Here’s how we make money.

The best bank or credit union for you depends on what you’re looking for: a checking account, a savings account, or both.

NerdWallet spent more than 200 hours comparing and rating dozens of financial institutions to identify those with the best deposit accounts. Find our top picks in the table below.

Top Overall Banks: Three financial institutions earned spots in both our best checking and best savings accounts lists. If you want to keep your checking and savings accounts at the same bank, go with one of these options.

Top Savings Accounts: If you’d like to split your accounts between different banks, consider one of these savings accounts. They have annual percentage yields above 1.90% — much higher than the national average of 0.09%. Your savings will grow faster with one of these accounts.

Top Checking Accounts: If you’re more interested in checking accounts, consider one with a perk or two, such as a solid APY or ATM fee reimbursements.

Top Overall Banks

at Discover,

Member, FDIC

Discover Bank

4.5 NerdWallet rating
  • Over 60,000 free ATMs, cash-back rewards
  • 2.00% savings APY

Ally Bank

4.5 NerdWallet rating
    • Over 43,000 ATMs, strong customer service
    • 2.00% savings APY
Alliant Credit Union

at Alliant Credit Union,

Federally insured by the NCUA

Alliant Credit Union

4.5 NerdWallet rating
  • Over 80,000 free ATMs, interest checking available
  • 1.95% savings APY
Top Savings Accounts

at HSBC,

Member, FDIC

3.5 NerdWallet rating
  • 2.01% APY
Goldman Sachs Bank USA

at Goldman Sachs Bank USA,

Member, FDIC

Marcus by Goldman Sachs

4.0 NerdWallet rating
  • 2.05% APY

4.0 NerdWallet rating
  • 2.05% APY

» Looking for more excellent savings options? Browse our best savings accounts

Top Checking Accounts

Capital One 360
4.5 NerdWallet rating
  • Flexible overdraft options, APYs starting at 0.20%


4.0 NerdWallet rating
  • No monthly fees or minimum deposit, APYs starting at 0.31%

Charles Schwab Bank
4.0 NerdWallet rating
  • Unlimited ATM reimbursements worldwide, 0.35% APY

» For more checking options, take a look at our best checking accounts

Did you have something more specific in mind? If so, check out these articles:

Banks and Credit Unions


Checking Accounts

Savings and Money Market Accounts

Best Banks and Credit Unions 2018

Financial institutionBest for ...
Ally BankOverall, customer service
Discover BankOverall, cash-back rewards
Alliant Credit UnionOverall, ATM availability
HSBC Savings, 2.01% APY
Marcus by Goldman SachsSavings, 2.05% APY
BarclaysSavings, 2.05% APY
Capital One 360Checking, flexible overdraft options
FidelityChecking, 0.31% APY
Charles Schwab BankChecking, worldwide ATM reimbursements, 0.35% APY