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Free bank account in USA

Free bank accounts in the USA - Many online banks in the US offer free FDIC-insured accounts of at least up to $250,000 per account with few limitations and lots of extras.

Free bank account in USA

This is a free bank account in the USA

1. Varo. bank account

Varo Bank Account is an easy-to-use online account with minimum deposit or balance requirements and no bank account fees. Open a Varo Savings Account and fulfill three easy Varo requirements to get a 3.00% Annual Yield Percentage with a balance of up to $5,000 being one of the best online savings returns in the business.

If your employer or government benefits provider applies to the Federal Reserve to begin the direct deposit process, you can receive your funds up to 2 days in advance.

Minimum Deposit and Balance Requirements:

No minimum deposit or continuous balance requirement

Account Opening Bonus:

There are currently no account opening bonuses and check back for the latest offers.

Annual Yield Percentage :

The Varo Bank account pays no interest. However, when you open it and then open a Savings Varo, you can earn up to 3.00% APY on your savings account balance. In order to earn 3.00% APY, you must meet all of the following requirements each qualifying period

Make at least five eligible Bank Varo Visa Debit Card purchases and receive a total eligible direct deposit of $1,000 or more.

In addition, you must meet these daily balance requirements at the close of the savings business during the calendar month and Do not exceed the daily balance of $5,000 for the entire calendar month and keep your bank and savings balances greater than or equal to $0.00.

Mobile Features:

Varo has a fully functional mobile app and a mobile friendly website.


Varo has no minimum balances, fund transfers, overseas transactions, or monthly maintenance fees.

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2. Go2bank

Go2bank stands out with its easy-to-use online bank account with lots of interesting features:

  1. Savings yield (1% APY to save up to $5,000)
  2. Cashback up to 7% for eligible in-app e-gift card purchases
  3. Pay up to two days in advance with Deposit
  4. Overdraft protection up to $200 with eligible participation and direct deposit and Legacy paid at Go2bank's discretion terms and Conditions apply.
  5. Plus, it's easy to avoid the $5 monthly fee by setting up qualified referrals.

Minimum Deposit and Balance Requirements:

There is no.

Results :

Earn 1% APY1 with savings of up to $5,000

Prizes and Incentives:

Up to 7% cashback for eGift 1 Card purchases made in the app (3% cashback for Amazon gift card purchases).

Cost Certainty:

You can avoid the $5 monthly fee once you've set up a qualifying direct deposit. Check other easy fees at

An active GO2bank account is required to accept eGift Cards. Merchant's eGift card is subject to change

GO2bank, FDIC Member. Interest accumulates quarterly on the average daily balance during the quarter up to a balance of $5,000 and if the account is in good condition

1% Annual Yield Percentage (APY) as of January 2021. APY is subject to change before or after you open an account

The average national saving rate of 0.05% was determined by the FDIC on 12/14/20. 

expenses in your main savings account can reduce income in your savings account

Therefore, the availability or timing of the initial direct deposit may vary from payment period to payment period.

Read also : Barclays Online Banking transfer limit

3. Wealth

Wealthfront's solutions started out as low-cost investment management, but its Cash Accounts offering high interest checks should not be ignored. 

Most impressive is visiting the money management automation tool Wealthfront Self-Driving Money using the rules and goals you set to keep your financial plans on track easily directing deposits to pay bills due in the coming days, saving your emergency savings, keeping your progress towards saving other goals, and investing for the long term.

Minimum Deposit and Balance Requirements:

The minimum opening deposit is $1. No ongoing maintenance costs.

Results :

Currently 0.35% APY on all balances.

Rewards and Incentives:

Get paid up to two days in advance with direct deposit and enjoy unlimited mobile check deposits.

Put your money to work in the market within minutes when you use your Cash Account to invest in the Wealthfront Investment Account.

Cost Certainty:

Wealthfront does not charge any account fees or overdraft fees. See to exclude possible costs.

4. Dough

Dough is a feature-rich money management app that takes money woes away and keeps you on top of your financial situation no matter how complicated it gets.

Dough automatically diverts funds allocated for bill payment and savings purposes before they reach your account.

You can rest easy knowing that everything else is safe to spend on a Mastercard debit card

Minimum Deposit and Balance Requirements:

There is no minimum opening deposit or continuous balance requirement.

Account Opening Bonus:

There is no.

Possible Costs:

Dough has very little cost.

5. SoFi Money

SoFi Money is a technically robust checking account, cash management account even better than your regular checking product with solid account opening bonuses that qualifies as one of the best new bank promotions on the market today.

And at almost no cost, SoFi Money is a great choice for thrifty account holders and low balance depositors who regularly withdraw cash at ATMs.

Minimum Deposit and Balance Requirements:

There is no.


See the SoFi website for the latest results.

Rewards and Incentives:

Sign up for SoFi Money and add $100 to your account for a $25 account opening bonus. Then, prepare a direct deposit of at least $500 to get a $75 bonus again conditions apply.

Plus, SoFi members enjoy discounts on other SoFi products, special financial planning, free P2P transfers, and member-exclusive offers from SoFi partners.

Possible Costs:

Almost not.

That's the discussion about Free bank account in USA, hopefully it can help