They both offer CDs, checking and savings accounts, sell mortgages, car loans and credit cards. The big difference is that banks are for-profit and credit unions are not. Banks charge as much interest as they can when they loan out money, pay out as little as possible to depositors and ...
Monthly Account Fee $11.95 (although some discounts exist for students, seniors, and newcomers to Canada) $0 Account Interest Rate 0% 2.25% everyday interest rate + bonus 1.50% for first 12 months Unlimited free Interac e-transfers Yes (well, 999 per month) Yes Does it have a bank card?
Why it won:Axosoffers a wide range of specialized checking accounts with great benefits and no monthly fees, including accounts for teenagers and seniors, a cash-back account, and a high-yield option. Standout accounts:Earn up to 1% back on debit card purchases with CashBack Checking. With R...
U.S. Bank also caters to specific groups. Current and former members of the military can use any of the bank’s checking accounts with no monthly fee, and the bank also offers free accounts for students and seniors. And for 10 years running, U.S. Bank has been the most trusted bank ...
account and free overdraft transfers from a linked deposit account. ThePremiumandPlatinum packagescome with higher minimums and more perks. Plus, the bank offers free accounts for students and seniors and offers any checking account with no monthly fee to current and former members of the military...
Why it won:Axosoffers a wide range of specialized checking accounts with great benefits and no monthly fees, including accounts for teenagers and seniors, a cash-back account, and a high-yield option. Standout accounts:Earn up to 1% back on debit card purchases with CashBack Checking. With ...