Utilize your phone to manage all of your finances. Through an impartial review process, we give our recommendations for the best products, and we are not influenced by advertisers. If you visit the partners we recommend, we might get paid. For more information, see our advertiser disclosure. When choosing a mobile banking app, what factors are most important to you? If you want to use the app with confidence that your accounts won't be compromised, you might want to choose the highest level of security. Additionally, simple features like the ability to instantly deposit checks and view your balances are always great. But excellent customer service and ease of use seem to be the most important factors. Consider the following options if you're looking for a top banking app that works on both Apple and Android devices:
Ally
- Yes, the app has a financial transfer option.
- Telephone deposits Yes, but only check
- Yes- Biometric Identification
Why Did We Select It?
A flexible mobile app from Ally Bank enables you to manage your money with the touch of a button. Users can also link their Ally investment accounts for a complete picture of their financial situation.Cons and Advantages
Pros
This allows users to control multiple accounts from one location. has the ability to send and receive money using Zelle.Cons
Cash deposits are not accepted.Overview
Ally Bank can offer higher rates and lower fees than other traditional financial institutions because it only operates online. Additionally, you will have free access to over 43,000 ATMs in the United States. One of the best banks right now that provides interest-bearing checking accounts, a rare product, is Ally. Additionally, it offers high-yield savings account with an APY that is competitive with all other banks. You can pay your bills, locate an ATM, deposit checks using your mobile device, and view your transaction history using the Ally app. As an alternative to a password, you can also use your fingerprint to open the app. The app's layout is modern and simple to use, and it lets you link additional Ally accounts, like a CD or IRA, for a clearer review. You can read up on stock market news directly from the app as an added benefit. Additionally, Ally makes use of Zelle, which enables you to transfer money between Ally accounts and between Ally accounts and accounts from other companies. Customer feedback indicates that Android users are less satisfied than iPhone users, though. Despite having extensive ATM access, there is no way to deposit cash into your Ally account, which is not necessarily a con of the app.American Bank
- Yes, there is a financial transfer option in the app.
- Telephone deposits: Yes, but only checks
- Yes, biometric identification
Why Did We Select It?
The Bank of America mobile app has a lot to offer, including practical features and real-time fraud alerts made to safeguard account holders.Cons and Advantages
Pros
- Multiple accounts can be linked in one location.
- The possibility of using AmeriDeals to access cashback opportunities
Cons
- The app's interface is quite simple.
Overview
Bank of America is a renowned name in finance and a sizable national bank with roughly 16,000 ATMs spread out across the nation. It offers simple financial services, and the interest rates on your savings accounts won't be outrageously high. However, it provides its clients with excellent technological and financial tools. Bank of America will immediately notify you if it discovers a questionable transaction so that you can either confirm it or reject it. Then, you'll have up to 60 days to complete it. Your Merrill Lynch brokerage account can be easily connected to the mobile app, and you can even view that information directly from the accounts tab. You can find local cash-back opportunities in the AmeriDeals section, which can be a fun way to earn rewards while traveling, such as during your morning or evening commute. The app is useful, but it doesn't have a particularly appealing design. Keep an eye on your balance as well, because if you don't, you'll be charged a $14 monthly maintenance fee and could incur a $35 overdraft fee up to four times per day. You must maintain a minimum balance in your account each month to avoid this fee.One Capital
- Financial transfer option for the app: yes
- Telephone deposits Yes, but only check
- Yes, biometric identification
Why Did We Select It?
Many helpful features are available on the Capital One mobile app, such as the option to lock your credit card in case it is lost or stolen and the ability to view all of your accounts in one location.Cons and Advantages
Pros
- Effective security measures
- option to use the app to redeem credit card rewards.
Cons
- Numerous features could be too much for new users.
Overview
If you carry Capital One in your wallet, you can use a slightly odd but well-regarded banking app. According to customer feedback, users of the Android and iPhone are essentially equally satisfied. A high-yield savings account from Capital One has an extremely competitive annual percentage yield (APY) and consistently earns high marks for customer satisfaction. You can view and manage all of your Capital One accounts, including loans and credit cards, in the app. In order to pay yourself back with a statement credit, you can use your accumulated reward points. If you're temporarily unable to locate your credit card, you can also lock access right from the app. If you discover the move, you can undo it, saving you the hassle of canceling your card only to have it reappear a short time later. If all you want to do is check your balance, it can occasionally feel like information overload due to the abundance of features.Bank of Huntington
- Financial transfer option for the app: yes
- Telephone deposits Yes, but only check
- Yes, biometric identification
Why Did We Select It?
J.D Power consistently awards the Huntington Bank app with high customer satisfaction ratings because it provides real-time push notifications that make it simple to keep track of transactions.Cons and Advantages
Pros
- User-friendly, intuitive interface
- Face ID and fingerprint login options
Cons
- restricted accessibility
Overview
Huntington Bank, which you may not be familiar with, is the only banking app to receive top ratings across the board in the 2021 J.D. Power survey, including overall satisfaction, ease of navigation, appearance, availability of key information, range of services, and information clarity. The Midwest-based bank consistently provides top-notch customer service. In addition to the standard features, you can configure push notifications to alert you when transactions have happened in your account. Additionally, you can view your account balance without logging in. Additionally, the 24-Hour Grace feature gives you 24 hours to make a deposit if you unintentionally overdraw money from your account before being charged. There isn't much about the app itself to dislike. Customers may have trouble accessing ATMs in some areas, though, as Huntington only has branches and ATMs in 11 states.According to Wells Fargo
- Financial transfer option for the app: yes
- Telephone deposits Yes, but only check
- Yes, biometric identification
Why Did We Select It?
Both tech-savvy and non-technical users will value the full-featured mobile app that Wells Fargo offers.Cons and Advantages
Pros
- provides text banking command support.
- has the ability to send and receive money using Zelle.
Cons
- Users complain about the most recent app update.
Overview
Another sizable financial institution with a sizable network of ATMs and locations is Wells Fargo. It offers checking accounts with reasonable fees that can be easily waived if you maintain a minimum daily balance of $500, receive monthly direct deposits of at least $500, have a linked Wells Fargo Campus Card, or are between the ages of 17 and 24. It is simple to access your money with Wells Fargo because it has more than 4,900 branches and over 12,000 ATMs nationwide. The Wells Fargo app makes it simple to pay your bills, and you can set up Touch ID or Face ID to access it without a username or password. You can use text banking commands for technophobes who would rather stick with the old ways (or just don't want to bother to open the actual app). For instance, enter BAL to view the balance of your account, ACT to view recent account activity, and DUE to view the details of your credit card account. Savings account interest rates at Wells Fargo are quite low. Despite its top-notch app, you might want to look elsewhere for your savings needs.Questions and Answers
A Banking App: What Is It?
A banking app is a piece of software that lets you access your bank account information and carry out transactions right from your phone, tablet, or another mobile device. You can view your current balance and transaction history on many banking apps. You can also deposit checks up to a certain dollar amount, start transfers to other bank accounts, schedule payments or pay bills, send payments directly to other people, and find free ATMs.How Do Banking Apps Operate?
Your banking app must typically be downloaded from an app store like Apple's App Store or Google Play Store. You'll be prompted to log in to your account using the same login details you use to access your bank account online through a web browser once you've downloaded and opened the app. The experience you have after logging in depends on which banking app you are using. However, in most cases, you'll be able to choose the action you want to take, like checking your balance, viewing your transaction history, or making a mobile deposit.What Are the Prices of Banking Apps?
Although banking apps are free to download and use, the bank may charge you for managing the app. It's uncommon to be charged for using a mobile app, but if you are, the charge will probably be disclosed in the documentation for your bank account. You won't really know what you're paying for the app because the majority of banks simply add the cost of the app to their overall operating expenses.Which Features in a Banking App Should I Look for?
Numerous mobile banking apps let you view your balance, look at at least 90 days' worth of transaction history, pay bills online, send payments to other people in person, schedule payments, set up one-time transfers to other accounts at your bank and those at other financial institutions, deposit checks, and get in touch with customer service. When looking for a new account, compare different apps to see which one best suits your requirements.Can I Use Apps for Banking?
Yes, the majority of banking apps are generally fairly secure. If you already access your bank information online via a web browser, you can access the same databases and information through a mobile app. Additionally, banks typically provide up to $250,000 in FDIC insurance in case something goes wrong. 2How We Chose the Best Banking Apps
We carefully considered user reviews and ratings in the Apple App Store and Google Play Store when evaluating banking apps. We only highlighted reputable, FDIC-insured financial institutions with a track record for high-quality banking and client care. Additionally, we used more comprehensive data from the 2021 J.D. Power U.S. Banking Mobile App Satisfaction Survey to guide our analysis.