Which online bank is best? This is not an easy question to answer since we all have different criteria when it comes to banking. A good place to start is how much interest the bank is paying you. However, there are many more factors to consider beyond interest rate. Here are 7 things to consider before you open an online bank account.

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If you keep a lot of money in your checking account, moving your money to a high interest checking account may be a good move. Below is a list of nationally available highest yields checking accounts. All of these accounts are FDIC insured up to $250,000.

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