High Yield Checking Accounts 2024. We’ve compared 157 checking accounts at 66 nationally available banks and credit unions to find some of the best. Best for direct deposits of $5k or more:

The current average money market rate is 0.61%, while the highest rate is up to 5.15%. It offers $300 to customers who open a new checking account and $200 for a new savings account plus an extra $400 — $900 total — for opening both.