7 Banks That Offer Free Checking Accounts With No Minimum Balance

Capital One Financial Corp. (NYSE:COF)

It literally pays to open a Capital One 360 checking account, as you get a $50 bonus regardless of the size of your initial deposit. In keeping with the theme of this list, there is also no minimum balance requirement or other monthly service fees associated with the account. Capital One 360 checking offers a yield of 0.20% on your balance under $50,000, you get a free Mastercard debit card that is tied to your account for all of your online or offline purchasing needs, as well as a great app for Android or Apple devices that lets you locate ATMs, deposit checks remotely, and much more.

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