Best Mobile Banking Apps of June 2024 (2024)

Written by Laura Grace Tarpley, CEPF and Sophia Acevedo; edited by Sarah Silbert; reviewed by Evelyn He

Updated

2024-05-30T15:16:22Z

Best Mobile Banking Apps of June
Best Mobile Banking App Reviews
FAQs
Why You Should Trust Us

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate banking products to write unbiased product reviews.

If you're an avid mobile app user, then you may want to consider banking with an institution that has a strong app. Many financial institutions offer mobile and online banking, but some rate high in mobile app customer satisfaction.

Featured Banking Offer

Discover® Cashback Debit Account

Start banking

Discover Bank, Member FDIC

Insider’s Rating

4.25/5

Perks

Cash back earned on up to $3,000 a month in purchases. Outgoing wire transfers are subject to a service charge. You may be charged a fee by a non-Discover ATM if it is not part of the 60,000+ ATMs in the no-fee network.

Earn cash back rewards with no fees. Start earning 1% cash back today (see website for details).

Fees

no monthly service fee

Annual Percentage Yield (APY)

None

Minimum Opening Deposit

Pros

Earn up to 1% cash back on up to $3,000 in purchases per month (See website for details)
No monthly service fee
Over 60,000 in-network ATMs
Get paid early with direct deposit through Early Pay
Enroll in free overdraft protection

Cons

Debit card can only be used in the US, Canada, Mexico, and the Caribbean
Only 1 branch location

Product Details

Earn 1% cash back on up on up to $3,000 per month in eligible debit card purchases (See website for details)
100% US-based customer service available 24/7
No opening deposit or minimum account balance
No monthly maintenance fees
Over 60,000 in-network ATMs
FDIC insured

Show Pros, Cons, and More

Best Mobile Banking Apps of June

Ally
Bank of America
Capital One
Charles Schwab Bank
Chase
Huntington Bank
Synchrony Bank

These are our top picks for mobile banking apps. If you're also interested in another useful apps, consider going through our best budgeting apps guide.

Best Mobile Banking App Reviews

The best banking apps have easy-to-use interfaces that make it easy to manage your account. With just a few taps, you should be able to view your account balances, deposit checks, and contact customer support. With some apps, you can also do things like see your balance without logging in or track your credit score.

We have top picks from both brick-and-mortar and online financial institutions, so you have different possibilities to explore.

Ally

Ally Spending Account

Start banking

Ally Bank, Member FDIC

Insider’s Rating

4.75/5

Fees

no monthly service fee

Annual Percentage Yield (APY)

0.10% to 0.25%

Minimum Opening Deposit

Bonus

N/A

Pros

Spending buckets to manage expenses
Competitive APY
No initial deposit
No minimum account balance
No monthly service charge
Connect your account with Zelle
Easy-to-use mobile app
Early direct deposit
Reimburses up to $10/month in out-of-network ATM fees
Online bill pay
24/7 customer service
No overdraft fees
Overdraft protection

Cons

No physical branch locations
No way to deposit cash

Ally Spending Account review External link Arrow An arrow icon, indicating this redirects the user."

Product Details

You can deposit checks right from your smartphone
Manage expenses by creating spending buckets
Ally reimburse's up to $10 per statement cycle for fees charged at other ATMs nationwide
Transfer money with your voice through Ally Skill™ for Amazon Alexa
Interest compounded daily, paid monthly
FDIC insured

Show Pros, Cons, and More

Through the Ally mobile app you can set up savings or spending buckets that let you save for separate goals, like an "Emergency fund" and "Travel Account." You can also use the Surprise Savings feature to evaluate how much you can afford to save in your checking account, then automatically transfers extra money into savings up to three times per week.

Ally offers 24/7 live customer support, both over the phone and via chat. You can also find nearby ATM locations while using the app.

Some of our other top picks also have better average scores in the Google Play store.

Ally Bank Review

Bank of America

Bank of America Advantage Plus Checking Account

Start banking

Bank of America, Member FDIC

Capital One

Capital One 360 Checking

Insider’s Rating

4.5/5

Perks

No minimums, no fees, no worries.

Fees

no monthly service fee

Annual Percentage Yield (APY)

See website for details

Minimum Opening Deposit

Pros

Earn interest on all account balances
No opening deposit or minimum account balance
No monthly service fee
No foreign transaction fee
Range of overdraft protection options
Processes direct deposits up to 2 days early

Cons

Doesn't reimburse out-of-network ATM fees
Limited access to customer service by phone

Insider’s Take

Capital One is a strong bank overall. You'll earn competitive interest rates on online savings accounts and CDs.

Capital One 360 Checking review External link Arrow An arrow icon, indicating this redirects the user."

Product Details

Over 70,000 free ATMs nationwide
Branches in NY, LA, TX, MD, VA, NJ, and Washington, DC
Interest compounded daily, paid monthly
FDIC insured

Show Pros, Cons, and More

The Capital One mobile app is rated the second highest in mobile app customer satisfaction among national banks, according to a 2023 JD Power Online Banking Satisfaction Study. You can use the bank's app to deposit checks, track your credit score, or monitor your bank account.

If you're also set on earning a high interest rate on a bank account, bear in mind that other online banks may have more competitive savings or CD rates right now.

Capital One 360 Review

Charles Schwab

Schwab Bank High Yield Investor Checking® Account

Start banking

Charles Schwab, FDIC Insured

Insider’s Rating

4.75/5

Perks

Earn 0.45% Annual Percentage Yield (APY). $0 minimum deposit. FDIC Insured.

Fees

no monthly service fee

Annual Percentage Yield (APY)

0.45%

Minimum Opening Deposit

Pros

No opening deposit
No minimum account balance
Unlimited out-of-network ATM reimbursem*nts
No foreign transaction fees
Free overdraft protection

Cons

No way to deposit cash

Insider’s Take

Charles Schwab Bank is one of the best banks for international travelers, because it doesn't charge foreign transaction fees. It also refunds all fees charged by ATMs worldwide. But if you want to earn high interest rates, you're better off looking elsewhere.

Schwab Bank High Yield Investor Checking® Account review External link Arrow An arrow icon, indicating this redirects the user."

Product Details

24/7 live online chat
When you open a checking account, you automatically open a Charles Schwab brokerage account, too
No ATM network, but unlimited ATM fee reimbursem*nts
Interest compounded daily, paid monthly
FDIC insured

Show Pros, Cons, and More

Charles Schwab lets you invest, save, and spend in the same app. You can use the app to deposit checks or make lists to help monitor market trends.

Some of our other top picks have better Google Play ratings. You must also invest with Charles Schwab to open a checking account.

Charles Schwab Review

Chase

Chase Total Checking®

Start banking

On Chase's website

Insider’s Rating

3.5/5

Perks

Earn $300 bonus when you open an account and make direct deposits totaling $500 or more within 90 days of coupon enrollment (offer expires on 07/24/2024)

Fees

$12 monthly service fee

Annual Percentage Yield (APY)

None

Minimum Opening Deposit

Bonus

Earn $300 bonus when you open an account using a coupon code and make direct deposits totaling $500 or more within 90 days of coupon enrollment (offer expires on 07/24/2024)

$300

Pros

No required opening deposit
Over 4,700 branches
$300 sign-up bonus
Free overdraft protection when you link to savings for automatic transfers

Cons

$12 monthly fee unless you meet direct deposit or minimum balance requirements
Fees for non-Chase ATMs
$34 overdraft and non-sufficient funds fees (no fee if you're overdrawn by $50 or less at the end of the business day)

Insider’s Take

There are several Chase checking accounts, and Chase Total Checking® is the bank's most popular choice. It offers several ways to waive the monthly fee, and you may qualify for a $300 bank account bonus. But if you want perks like early direct deposit or waived out-of-network ATM fees, one of Chase's other options could be a better fit.

Chase Total Checking review External link Arrow An arrow icon, indicating this redirects the user."

Product Details

New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
Access to more than 15,000 Chase ATMs and more than 4,700 branches
Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
JPMorgan Chase Bank, N.A. Member FDIC
Open your account online now
Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
Chase Overdraft Assist℠ – no overdraft fees if you’re overdrawn by $50 or less at the end of the business day or if you’re overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*

Show Pros, Cons, and More

Through the Chase mobile app, you can manage your bank accounts, investments, and credit card/card points. You may track your credit score or deposit checks.

The Chase mobile app allows you to set up automatic savings transfers and create folders for separate savings goals, like "Vacation Fund" or "College Savings." The mobile app is rated highly in customer satisfaction among national banks, according to a 2023 JD Power Online Banking Satisfaction Study.

While Chase offers strong mobile banking, you'll need to be mindful of monthly service fees. Most of the accounts have ways to waive fees, but if you would prefer a fee-free bank account you might prefer another bank.

Chase Bank Review

Huntington Bank

Huntington Asterisk-Free Checking® Account

Start banking

Huntington Bank, FDIC Insured

Insider’s Rating

4/5

Fees

no monthly service fee

Annual Percentage Yield (APY)

None

Minimum Opening Deposit

Pros

No monthly service fee
No opening deposit
Open a Premier Savings account with no opening deposit or monthly fee when you have a checking account
$50 Safety Zone: No overdraft fees if you overdraw by $50 or less
24-hour grace period to avoid overdraft fees
Free overdraft protection
Receive your paycheck up to two days early
Online bill pay
Email and text alerts about your account
Easy-to-use mobile app

Cons

No interest earned
$3.50 out-of-network ATM fee
No out-of-network ATM fee reimbursem*nts
$15 overdraft fee

Huntington Asterisk-Free Checking® Account review External link Arrow An arrow icon, indicating this redirects the user."

Product Details

Available to residents of Colorado, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, West Virginia, or Wisconsin
Access to over 1,000 branches and 1,600 ATMs
No monthly maintenance fee
No opening deposit or minimum account balance
Free overdraft protection that lets you connect your checking account to another Huntington account
FDIC insured

Show Pros, Cons, and More

Huntington ranks No. 1 in customer satisfaction for a regional bank in the J.D. Power 2023 US Banking Mobile App Satisfaction Study. You can view your account balances without logging in and use the Huntington Heads Up feature to alert you if there is suspicious activity on your account or if you're close to overdrawing. The app also has mobile check deposit and helps you find nearby ATM and branch locations.

As this is a regional bank, there are only branches in seven US states.

Huntington Bank Review

Synchrony

Synchrony Money Market Account

Start banking

Synchrony Bank, Member FDIC

Insider’s Rating

4.75/5

Fees

no monthly service fee

Annual Percentage Yield (APY)

2.25%

Minimum Opening Deposit

Bonus

N/A

Pros

No opening deposit or minimum account balance
No monthly service fee
Comes with an ATM card and paper checks

Cons

No physical branch locations
Earn a higher interest rate with other online banks
Only reimburses $5/month in out-of-network ATM fees

Insider’s Take

Synchrony Bank's money market account stands out because it has paper checks and an ATM card, which give you easy access to your savings. But the interest rate is just so-so.

Synchrony Money Market Account review External link Arrow An arrow icon, indicating this redirects the user."

Product Details

Access your cash online, by phone, or via ATM
No opening deposit or minimum account balance
Comes with a debit card and paper checks

Show Pros, Cons, and More

You can your credit cards and bank accounts in the same app. Synchrony also has mobile check deposit and offers tips to help you learn about personal finance and managing your money.

Synchrony doesn't have a checking account.

Synchrony Bank Review

Best Mobile Banking Apps FAQs

What is a banking app?

Most big banking institutions have apps you can download in the Apple or Google Play store. You'll create a username or password. If you've already used online banking on your web browser, the login information is probably the same. The app layout should be similar to the browser layout.

Are banking apps free?

Most banking apps are free when you have an account with the bank. But keep in mind that the accounts themselves could come with some fees. Some banks charge monthly service fees, unless you qualify to waive them. You could also pay fees for overdraft fees, ATM fees, or foreign transaction fees.

What can I do on a banking app?

At the very least, you should be able to use your banking app to check you account balances, transfer money between your own bank accounts, deposit paper checks with the app's camera, and find customer service contact information. The top banking apps have even more robust features, such as showing all of your financial information in one place, 24/7 live chat, or automatic savings tools.

Why You Should Trust Us: Experts' Advice on the Best Mobile Banking Apps

We consulted banking and financial planning experts to inform these picks and provide their advice on finding the best mobile banking app for your needs.

Sophia Acevedo, banking editor,Business Insider
Mykail James, MBA, certified financial education instructor,BoujieBudgets.com

Here's what they had to say about mobile banking apps. (Some text may be lightly edited for clarity.)

What should I look for in a mobile banking app?

Mykail James, MBA, certified financial education instructor,BoujieBudgets.com:

"What kind of push notifications do they offer? Do they offer push notifications for when you swipe your card or if money is deposited into your account? Also, what's the customer support like? Do they have a 24/7 phone number available? Emails? Do they have a chat box?"

Sophia Acevedo, banking editor, Business Insider:

"I think it's important for a mobile banking app to have mobile check deposit and features that help you understand your spending. Maybe there's a feature that can help you save for specific goals or track your cash flow."

What makes a strong mobile banking app?

Sophia Acevedo:

"I think strong mobile app should be as straightforward as possible. You should be able to easily navigate the app and utilize the features without running into any technical difficulties."

Mykail James, MBA, CFEI:

"One thing that I love for banks to do is when they offer a virtual debit card or credit card. Sometimes I don't always have a physical card with me. "

Methodology: How We Chose the Best Mobile Banking Apps

To choose our favorite banking apps, we only looked at apps with at least 5,000 reviews in both the Apple and Google Play stores. Then we narrowed it down to apps with strong average ratings in both stores.

We selected apps for banks that are available in a large chunk of the United States. This could mean that a bank has branches in multiple states, or that it operates online.

Our top picks have competitive products that set them apart from other institutions. For example, a bank may pay high interest rates, have tools to help you save money, or offer early direct deposit. Where applicable, we also looked at customer satisfaction ratings on J.D. Power surveys.

Laura Grace Tarpley, CEPF

Personal Finance Reviews Editor

Laura Grace Tarpley (she/her) is an expert in mortgage rates, refinance rates, lenders, bank accounts, and borrowing and savings tips for Personal Finance Insider. She worked on Business Insider's "The Road to Home" series, which won a Silver award from the National Associate of Real Estate Editors.She has written about personal finance for over seven years. Before joining the Business Insider team, she was a freelance finance writer for companies like SoFi and The Penny Hoarder, as well as an editor at FluentU.