The average rate on an interest-earning checking account is an abysmal 0.07% . “Accounts offering interest are a way for the bank to bring in more deposits or appeal to customers with larger balances, ...

MarketWatch Picks highlights items we think you’ll find useful; we are independent of the MarketWatch newsroom. We might earn a commission from links in this content. Learn more The average rate on an ...

Not all checking accounts pay interest. Among those that do, the numbers are pretty dismal — the average only pays 0.07%, according to the latest government data. Despite those low returns, dozens of ...

Capital One’s checking account earns interest and has no minimum balance. Monthly fee: None. Special features: The checking rate is 0.10% APY for any balance. Other pros: 360 Checking account holders ...

SoFi® offers a solid interest rate in addition to cash-back opportunities and a bonus. Monthly fee: None. Special features: A 0.50% APY on all balances and an opportunity to earn a bonus between $50 ...

A checking account allows you to use a debit card, cash checks and access your money with an ATM. But certain checking accounts have other features, too. An interest checking account has the added ...