best among debit cards<\/a> available today.<\/p>\n\n\n\n4. Schwab Bank High Yield Investor Checking<\/h3>\n\n\n\n Like most people, you might be thinking, but Charles Schwab is just an investment brokerage. Well, you are right. However, Schwab int just an investment account. The checking account requires you to own their Schwab brokerage account that is free and easy to use. It makes a great choice if you need a free checking account without an opening deposit.<\/p>\n\n\n\n
Another incredible feature of Schwab checking account that makes it exceptional among other accounts is the unlimited ATM rebates across the world. This means that you can withdraw money from any ATM worldwide and Schwab will reimburse you each month. So, you get to enjoy free ATM transactions whether you are at a stadium, airport or any country.<\/p>\n\n\n\n
The interest rates at Schwab investors are also much better than what you get from some banks. It offers you nearly everything that you need from an online bank including mobile banking, online banking, and mobile check deposits. It is also compatible with mobile payment wallets like Apple Pay and Google Pay.<\/p>\n\n\n\n
To deposit cash, you\u2019ll need to visit a Schwab brokerage branch. You can also get in-person support from the branches whenever you visit them. However, online customer care is excellent, and you may never need to visit their branch for assistance.<\/p>\n\n\n\n
5. Discover Cashback Checking<\/h3>\n\n\n\n Discover Cashback Checking is the ideal choice for incredible debit card rewards. With 1% cash back for every debit card purchase you make; you can qualify for up to $30 per month for debit purchases above $3,000 per month. This makes it a suitable free checking account without opening deposit that enables you to get paid back in cash.<\/p>\n\n\n\n
Discover Cashback Checking is owned by the provider of Discover credit cards and other financial products. One major drawback of this account is that its debit card is branded Discover. This means that it is not widely used like Mastercard or Visa-branded debit cards.<\/p>\n\n\n\n
Other than that single drawback, the Discover is a great account. It enables you to enjoy free access to several ATMs with free debit card replacements and free checks. You also get to enjoy free money transfer to other banks in the US for free as well other online banking tools and online bill pay.<\/p>\n\n\n\n
6. Simple<\/h3>\n\n\n\n Simple is a great account for anyone with budgetary concerns. The company offers you a Simple checking account. You can interact with the account through a debit card or a mobile app.<\/p>\n\n\n\n
Apart from mobile and online banking, this account is exclusively online-only bank. This feature enables you to saves and budget much easier. The Simple checking account is integrated with other tools from outside money management applications.<\/p>\n\n\n\n
Unlike other accounts, you get to enjoy no fees for anything as you get to save more. This is why this checking account makes an incredible option.<\/p>\n\n\n\n
7. USAA Classic Checking<\/h3>\n\n\n\n Are you a military member looking for a free checking account without opening deposit? If yes then USSA Classic is the best bank for you. Besides, the account is not limited to military members alone; even their families can make use of these great banks.<\/p>\n\n\n\n
The good thing is that you don\u2019t need any fee balance to own this account. It offers several ATMs with up to $15 per month reimbursements for ATM charges from other banks. To avoid overdraft fees, you can make use of a credit card or a linked savings account.<\/p>\n\n\n\n
As military personnel, you get to benefit from prefilled 1199A for your direct deposits and no opening deposits. So, you can expect fast pay from DFAS when the payday arrives with no hassle. Furthermore, you get online banking and mobile banking features just like what you get with most modern banks.<\/p>\n\n\n\n
8. Aspiration Summit Account<\/h3>\n\n\n\n Aspiration offers you a free Summit checking Account that requires zero deposit with no monthly charges or minimum balance. The account will reimburse you for all charges when you use the out-of-network ATMs. This means that you will get your money back even when you use the ATMs in other countries.<\/p>\n\n\n\n
The account also offers an impressive 1.00% APY that is considerably higher than what you get from brick and mortar banks. Besides, all their deposits are insured, and you get to enjoy no overdraft fees.<\/p>\n\n\n\n
However, the account is online based only. All the transactions and services are offered online with no in-person support to handle your banking needs.<\/p>\n\n\n\n
9. Axos Bank Rewards Checking<\/h3>\n\n\n\n Formerly Bank of Internet, Axos offers you outstanding rates on their rewards checking. Among the benefits of this free checking account without opening deposit is no minimum balance and no monthly fees requirement. The bank also offers you reimbursements for outside network charges on ATM.<\/p>\n\n\n\n
To earn up to 1.25% Rewards Checking, you are required to receive more than $1,000 in direct deposits and make at least 15 debit card transactions over $3 each. However, you can qualify for a lower rate if you don\u2019t fulfill these requirements.<\/p>\n\n\n\n
10. Chime Free Mobile Banking<\/h3>\n\n\n\n Chime is increasingly becoming a popular option in the Mobile Banking sector. This is major because many people are now comfortable with handling money using their smartphones. A Chime account features a checking account (spending account) and a savings account.<\/p>\n\n\n\n
They don\u2019t charge you any monthly fees and require no minimum balance fees, no foreign transaction fees, and no overdraft fees.<\/p>\n\n\n\n
With this account, all your banking needs are taken care of just like when using a traditional bank only that the convenience you get here is exceptional. Using your ATM access, you get to enjoy more than 30,000 cash back locations and over MoneyPass locations.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n Are you looking forward to opening a checking account? Or you a just need to put to an end the regular monthly maintenance charge? Regardless of your reason, a free checking account without opening balance is a great choice.<\/p>\n\n\n\n
While the monthly fees you get charged for using your checking accounts in the traditional banks could be small, they can accumulate up to huge amounts in the long run. Besides, the more benefits you get from such accounts, the higher the monthly fees that you get charged.<\/p>\n\n\n\n
With several alternatives in the market as offered by the above accounts, you don\u2019t worry anymore. Besides, these are just some of the best since there are still plenty of options in the market. The good thing with some of the checking accounts is that they don\u2019t just offer you no deposit no minimum balance account, they offer bonuses as well.<\/p>\n","protected":false},"excerpt":{"rendered":"
A checking account is an essential financial tool for your finances. However, most financial institutions demand an opening deposit which makes it difficult for many people to own an account. In addition, some banks may require you to pay annual maintenance fees for the privilege of keeping your account open. Although such fees may not […]<\/p>\n","protected":false},"author":1,"featured_media":3171,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[622],"tags":[820,817,819,818],"yoast_head":"\n
10 Best Bank For Free Checking Account Without Opening Deposit - ITGust<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n