To manage personal finances, checking accounts are the most essential accounts. They are the center point of finances where the expenses of an individual go out and the income goes in. Since it is so important, therefore it is very essential for an individual to pick the best of the checking accounts. People are offered a list of these accounts to choose from which also include those options that provide no ATM fees, cash back rewards, and so on. Here is a list of the best checking accounts provided by American banks that will provide the customer with the best.

• Charles Schwab Bank
  The best checking account comes from an investment company and not from a traditional bank. The accounts were designed originally for the investors of Schwab, but they began gaining popularity as these accounts offer a low fee, the opportunity of using any ATM in the world without being charged a fee, and no minimum balance requirement. The only drawback of this account is that it does not allow the person to deposit any cash. The account offers the similar features as the other online banking account like free debit card, free checks, free transfer of funds to the accounts belonging to the other banks or the ones at the Schwab itself and free bill payments. The best part of the account is that there is no fee charged at the ATM withdrawals. They also do not charge any foreign ATM fees but do reimburse the customer for the charges that they had been charged automatically from other bank ATMs from any part of the world. For those individuals who travel across nations or those who prefer using the ATMs but do not like the associated fees, this becomes very beneficial to them.
• Ally Bank
  One of the best accounts in the space of the online checking account services is offered by the Ally Bank. It provides features like best of interest rates for online banks, quick fund transfers to family and friends, easy phone support that can be used by the customers, $10 reimbursement on every statement cycle for the fee of other bank ATMs, and free Allpoint ATMs. For regular activities, there are no fees associated with the account. The customer can also get the cashier check without any charge. The only feature that this account does not provide is the deposition of the cash.
• Capital One
  It is a technology-based company that also provides banking facilities. The customers are provided with the most cutting-edge of features and tools without any additional fees for the regular activity and without the maintenance of the minimum balance requirement. They also have useful and powerful apps that can provide the best online experience. Interest rates offered by the bank on savings and the checking accounts are the most competitive.
• Discover Bank
  It is best known for the credit cards and as well as for providing compelling checking accounts. A 1% cash back is paid back on purchases of up to $3000 every month by the Discover Cashback Checking account. This provides the customer the chance of earning cash back of up to $360 every year. It needs no minimum balance and has no monthly associated fees. There is no fee charged for deposit items returned, incoming wires, ACH transfers, official bank checks, debit card replacements, check reorders, access to 60,000+ ATMs, or online bill payments.