Best Banks

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Bank better in 2019 with GOBankingRates’ seventh annual Best Banks ranking. See this year’s top banks and find the ideal bank for your needs.

Best Savings Account Winner

Sallie Mae Bank is a long-time contender, and this year it sealed the deal, earning the title of Best Savings Account of 2019. Its online, high-yield savings account offers customers impressive interest rates with no minimum deposit.  Learn more about Sallie Mae’s best savings account.

Best Checking Account Winner

Axos Bank, formerly called Bank of Internet USA, has a new name, so this isn’t the first time it’s earned the title of Best Checking Account. This year, Axos Bank topped all other banks with its high-interest checking account that boasts next to no fees.  Learn more about Axos Bank’s best checking account.

Best CD Account Winner

As the top CD account in the Best Banks of 2019 ranking, Barclays Bank Delaware offers customers low fees and excellent yields. For both one-year and five-year terms, Barclays’ CDs offer the highest interest rates.  Learn more about Barclays Bank’s best CD account.

Best Online Bank Winner

For the fifth year in a row, Ally Bank has won the coveted title of Best Online Bank. Combining low fees, high APYs and exceptional customer experience, Ally Bank comes out as the all-around best online bank once again.  Learn more about why Ally Bank is the best online bank.

Best National Bank Winner

TD Bank is one of America’s largest banks, and yet it still manages to “bank human.” For the third consecutive year, TD Bank takes the title of the Best National Bank, offering the full spectrum of services and benefits you’d expect from a big bank, with the quality and human touch of a smaller one.  Learn more about why TD Bank is the best national bank.

Why You Can Trust Us

For the past seven years, GOBankingRates’ in-house research and editorial teams have scoured financial offerings to find the absolute Best Banks in the areas our readers care about most. Rankings are entirely objective — no bank paid for inclusion or specific placement in the ranking.

Additionally, for the first time ever, Best Banks of 2019 articles feature updated interest rates all year long so you know exactly what rate you’ll get if you open a new account in January or December.

Criteria for Best Banks:

  • Top 100 banks by asset size according to the FDIC
  • Active institution
  • Not an investment bank or bank that requires investment services to get a commercial bank account
  • $10 billion asset threshold minimum for brick-and-mortar banks
  • No asset threshold for online-only banks

About the data:

  • Compiled and verified against the banks’ websites between Sept. 21 and Oct. 22, 2018
  • Updated rates means you can use Best Banks as a resource for all of 2019
  • Rankings are released annually

Rates, terms and conditions are subject to change at the discretion of the individual financial institutions. APY was based on the minimum deposit required to open the account. Some interest rates might be short-term or promotional offers only, and it is possible additional terms and conditions must be met in order to obtain the interest rates listed. Rates and availability might vary by region. Please verify terms and conditions before opening an account.

GOBankingRates is a personal finance and consumer interest rate website owned by ConsumerTrack, Inc., an online marketing company serving top-tier banks, credit unions, and other financial services organizations. Some banks mentioned in the Best Banks of 2019 are clients of ConsumerTrack, Inc., which serves more than 100 national, local and online financial institutions. Rankings are completely objective, and no institution, client or otherwise, paid for inclusion or specific placement.