Best National Banks in America 2024

When choosing a national bank, it’s essential to consider factors such as branch availability, fees, financial products, customer service, and interest rates. While there are numerous options, here are some of the best national banks in 2024:

1. CIT Bank 

Strengths: Known for competitive interest rates on savings, money market, and CD accounts. Offers flexible options for CDs, including a no-penalty 11-month CD at 4.90% APY. No checking account available. Money market accounts allow six free transactions monthly. 2. BBVA Strengths: Offers a 12-month CD with a 4.30% APY. Free checking account with no ATM fees at BBVA ATMs and no monthly service charge. Easy online account opening and management. BBVA Wallet app for tracking purchases, activating cards, making payments, and more. 3. Ally Bank Strengths: Competitive rates on savings and money market accounts. No balance minimums or maintenance fees. Three account options: Ally Interest Checking, Ally Online Savings, and Ally Money Market. 4. Huntington Strengths: Offers banking, borrowing, investing, and insurance products. Wide range of coverage for personal and commercial banking needs. write like this

Best National Banks in 2024

When choosing a national bank, it’s essential to consider factors such as branch availability, fees, financial products, customer service, and interest rates. While there are numerous options, here are some of the best national banks in 2024:

1. CIT Bank

• Strengths:
  • Known for competitive interest rates on savings, money market, and CD accounts.
  • Offers flexible options for CDs, including a no-penalty 11-month CD at 4.90% APY.
  • No checking account available.
  • Money market accounts allow six free transactions monthly.

2. BBVA

• Strengths:
  • Offers a 12-month CD with a 4.30% APY.
  • Free checking account with no ATM fees at BBVA ATMs and no monthly service charge.
  • Easy online account opening and management.
  • BBVA Wallet app for tracking purchases, activating cards, making payments, and more.

3. Ally Bank

• Strengths:
  • Competitive rates on savings and money market accounts.
  • No balance minimums or maintenance fees.
  • Three account options: Ally Interest Checking, Ally Online Savings, and Ally Money Market.

4. Huntington

• Strengths:
  • Offers banking, borrowing, investing, and insurance products.
  • Wide range of coverage for personal and commercial banking needs

5. Citibank

• Why Choose Citibank?
  • Specialization: Unlike some other banks, Citibank specializes in serving clients with large investment accounts, substantial savings, or existing loans and credit cards through Citi.
  • Generous Bonuses: Citibank offers bonuses for opening accounts, such as a $300 bonus for depositing at least $15,000 in a Citibank Account package or P30,000 Power Mac Center eGCs for opening a Citi Priority relationship.
  • ThankYou Points: The more you use your Citi credit card and services, the more ThankYou Points you’ll earn. These points can be redeemed for gift cards, shopping, flights, and more.
  • Citi Private Pass: Enjoy advanced premier access to sporting events and concerts with this exclusive benefit. Points earned with Citi ThankYou Premier Card or Citi Prestige Card are even more valuable.

6. PNC Bank

• Why Choose PNC Bank?
  • Virtual Wallet: PNC’s Virtual Wallet is a powerful financial tool that divides your accounts into three categories: Spend, Reserve, and Growth. It provides a unique view of your money and helps you manage your finances effectively.
  • Promotions: Virtual Wallet often comes with limited-time promotions, allowing you to earn rewards automatically for using the service.
  • Flexible Categories: The Reserve portion can be used for short-term savings, while the Growth category is ideal for larger savings.
  • Budgeting and Bill Calendar: Create budgets, track spending, and manage bills seamlessly within Virtual Wallet.
  • Monthly Fee Waiver: PNC charges a $7 monthly fee, but you can avoid it by meeting specific criteria (e.g., maintaining a combined $500 in spend and reserve categories or having direct deposits).

7. Bank of America

• Why Choose Bank of America?
  • Extensive Branch Network: With approximately 4,500 branches nationwide, Bank of America ensures accessibility regardless of your location.
  • Customer Service: Bank of America’s call centers are open every weekday from 8 a.m. to 11 p.m. and on weekends from 8 a.m. to 8 p.m. You can also reach them via Twitter or online chat.
  • Mobile Banking App: Set customized notifications for account activities, such as unusual card activity or insufficient funds.
  • ATM Availability: Bank of America has numerous ATMs, making it convenient for cash withdrawals.
  • Always Available: If you want a bank that’s accessible 24/7, Bank of America fits the bill.

8. TD Bank

• Why Choose TD Bank?
  • Straightforward Checking: TD Bank offers three main checking account types. TD Simple is a no-minimum-balance account, while TD Premier earns interest for balances over $2,500.
  • Free ATMs: TD Bank provides access to free ATMs nationwide.
  • Travel Benefits: No foreign debit card fees make TD Bank an excellent choice for travelers. Frequent trips to Canada? Use TD Canada Trust ATMs without additional fees.
  • Additional Services: TD Bank offers personal and home loans, catering to various financial needs.
  • Business or Pleasure: Whether you’re traveling for business or pleasure, TD Bank ensures hassle-free banking.