The average rate on an interest-earning checking account is an abysmal 0.07% . “Accounts offering interest are a way for the bank to bring in more deposits or appeal to customers with larger balances, ...

Banks and credit unions typically pay little to no interest for a checking account — among the ones that actually do, the average annual percentage yield is just 0.07%, according to the latest ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 SoFi ...

Even if interest rates fall in 2026, the right bank accounts can still protect your cash, flexibility, and peace of mind.

SoFi® offers a solid interest rate in addition to cash-back opportunities and a bonus. Monthly fee: None. Special features: A 0.50% APY on all balances and an opportunity to earn a bonus between $50 ...

MarketWatch Picks highlights items we think you’ll find useful; we are independent of the MarketWatch newsroom. We might earn a commission from links in this content. Learn more The average rate on an ...