We’re proud to announce that Bank5 Connect’s High Interest Checking Account has been named Best Checking Account of 2017 by GOBankingRates. This is the third year in a row that Bank5 Connect has received the honor, having won the Best Checking Account designation in 2016 and 2015 as well. GOBankingRates cited our High Interest Checking Account’s high APY, low fees, low initial deposit requirement, and low minimum balance requirement as reasons for the top ranking.
Bank5 Connect was also named one of the 10 Best Online Banks of 2017, and received an Editors’ Pick for Top Customer Service in the Best Online Banks category. GOBankingRates particularly praised our live chat support feature, which they said is not offered by most other online banks.
To determine the 2017 Best Bank winners, GOBankingRates surveyed data from 100 banks, including brick-and-mortar banks as well as online-only institutions, using criteria such as minimum deposit and balance requirements, fees, annual percentage yield (APY), availability of features such as mobile apps and remote check deposit, customer service accessibility, and BauerFinancial Star Ratings.