24/7
mobile banking
Access your money & bank almost anywhere with our top-rated mobile app.
No fees
to open, keep & use
so your money stays where it belongs—with you.
70,000 +
fee-free ATMs
in more places where you already shop.
Checking at your fingertips
Keep your checking account secure
Misplaced your debit card? No sweat—you can lock (and unlock) it from our mobile app.
360 Checking Account Benefits
Bank securely
Your online checking account is safe with FDIC insurance and fraud coverage.
Get paid early
Access your money up to 2 days sooner than payday with early paycheck.
Get help in person
Visit our branches & Cafés to bank with our friendly Ambassadors.
Move money easily
Get your money on its way—pay bills online or send cash with Zelle®.
Find an ATM or Capital One location near you.
When you need us, we’ll be there. Visit a Capital One ATM or branch near you or experience Banking Reimagined® at a Capital One Café.
Enter a location near you
FREQUENTLY ASKED QUESTIONS - 360 Checking
What is an online checking account?
360 Checking is a checking account that comes with everything you need and without everything you don’t. Pay your bills, get cash, make deposits, and transfer money–all without monthly fees and extra trips to the bank. You can open a checking account online and manage your account securely by signing in on your phone or computer, instead of waiting for the bank to open first. And if you ever need help with your account, a real person is just a phone call away.
There are no fees to open, keep or use your Capital One 360 Checking account, or for foreign transactions. But let’s be totally upfront here: There may be some things you want or need to do with your account that will result in charges. If you request overnight check delivery or overnight delivery of a replacement card or request a stop payment, you may be charged a fee for these extra services.
What if I overdraw my account?
You have several options to choose from: Auto-Decline, Free Transfer and No-Fee Overdraft.
- Auto-Decline: We generally decline transactions that cause overdrafts on your account.
- Free Transfer: Automatic transfer of funds from your savings or money market account.
- No-Fee Overdraft: No fees charged on approved transactions that put your account balance below $0.
Learn more about all of your options.
How do I earn interest with a checking account?
It’s easy—you’ll earn interest just by having money in your account. As of 10/6/2022, if your online checking account balance is $49,999.99 or less, you'll earn an annual percentage yield (APY) of NaN. If your balance is between $50,000–$99,999.99, you'll earn a NaN APY on your entire balance, and if your balance is $100,000 or more you'll earn a NaN APY on your entire balance.
Manage your money like a boss
article | May 18, 2022 | 5 min read
article | September 28, 2022 | 5 min read
article | April 13, 2022 | 5 min read
- No results found
Showing of results
A checking account is a must-have tool, but these accounts can come with monthly maintenance fees that can quickly add up. Many banks and credit unions also require that you make a minimum initial deposit when you open a new checking account.
The following ten checking accounts are free to open and don’t require an initial deposit, so they’re ideal if you’re just getting started and don’t have much money to put down. They also come with other benefits, like higher than average interest rates and many other features.
Chime
Overview
- No minimum deposit
- No minimum balance and no monthly maintenance fee
- Over 60,000 fee-free1 ATMs
- Get paid up to 2 days early with direct deposits2
You can open a Chime Checking Account in less than two minutes. This free checking account is available to U.S. citizens ages 18 and up.
With the Chime® app, you’ll be able to manage your banking and can sign up for this Checking Account (and a Chime Savings Account, if you’d like). Your Checking Account will come with a free Visa debit card. You can even set up direct deposits to further streamline your banking.
Current
Overview
- No minimum opening deposit or maintenance fees
- Get paid up to 2 days faster
- Overdraft up to $200 without any overdraft fees
- Earn 4.00% APY on your savings
- 40,000 fee-free ATMs
Current is one of the fastest-growing mobile banking solutions in the U.S., with over one million members. However, Current is a financial technology company, not a bank. Current does not use ChexSystems or pull your credit report.
Some features of this free checking account from Current include fee-free overdraft protection of up to $200, 40,000 fee-free Allpoint ATMs, and no minimum balance requirements or hidden fees.
You can also get paid up to two days early with direct deposit and earn up to 15x points, and get cashback. With Current Pay, you can transfer money instantly to other Current account holders.
Upgrade
Overview
- No ATM fees
- No overdraft fees
- Visa debit card, iOS and Android mobile app
- Up to 2% cash back on purchases
- $0 annual fees and $0 transfer fees
The Upgrade Rewards Checking account has no monthly fees, no ATM fees, and no transfer fees. Plus, you’ll get up to 2% cash back on everyday debit card purchases. If you use an out-of-network ATM, Upgrade will give you a rebate on up to five ATM fees per month if you meet certain conditions.
Upgrade has a bank partnership with Cross River Bank, Member FDIC. Your funds are FDIC-insured up to $250,000. You can also get up to 20% lower rate on Upgrade loans and credit cards.
Chase
Overview
- No credit check or ChexSystems
- $100 bonus after 10 purchases in 60 days
- Over 16,000+ fee-free ATMs
- $4.95 monthly service fee
Chase is one of the most popular banks in the U.S. And now, they offer an account called Chase Secure Banking with no credit check, no ChexSystems, and no overdraft fees.
Account holders also get access to over 16,000 fee-free ATMs, free online bill pay, and free money orders and cashier’s checks. With 4,700 locations across the country, this is an excellent option for anyone who prefers having access to physical branches.
Opening a Chase Secure Banking account comes with a $100 cash bonus when you use the card for 10 purchases within 60 days. Account approval is immediate and you’ll receive your debit card within days. There is a small monthly service fee of $4.95; however, there is no minimum opening deposit to get started.
Axos Bank
Overview
- No minimum deposit
- No monthly maintenance fees
- No overdraft or non-sufficient funds fees
- Unlimited ATM reimbursements
- Early direct deposit up to 2 days ahead of payday
- Free checks and Visa debit card when you open an account
Axos Bank is an FDIC-insured bank that’s been in business for 20 years. NerdWallet recognized Axos as offering the best checking account, and Go Banking Rates awarded Axos the title of the Best Online Bank.
With the Rewards Checking account, you’ll be able to bank entirely online. Axos’ innovative banking platform integrates with apps like Mint and Venmo and allows you to aggregate multiple accounts into a single, simplified view.
How to Choose the Best Free Checking Account
The above free checking accounts don’t require initial deposits, and each offers slightly different benefits. When choosing the checking account that’s right for your needs, consider how you’ll use the account, the type of balance you plan to carry, and what types of features you most value.
Be sure to pay attention to details like overdraft protection, fees for excessive transactions, out-of-network ATM fees, and other potential expenses you could face. You’ll also want to consider features like whether the checking account has online banking and a mobile app that you can use to pay bills and keep track of your balances and spending habits.
1. Out-of-network ATM withdrawal fees may apply with Chime except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.
2. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. Chime generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.
Meet the author
Paige Cerulli is a freelance writer whose work has appeared in publications like Business Insider and Bing. She lives in Massachusetts and enjoys playing the flute and horseback riding in her free time.