Top 10 National Banks in the United States

Top 10 National Banks in the United States

Everyone needs a secure place to stash their money rather than burying it in the backyard (or worse, under your mattress). If you’re trying to find a replacement bank, you've got many options to settle on, but per annum, it looks like there are more banks that are entering the market. And we know that every bank is different. All of them are getting to have different account options, financial products, and benefits.

Who does one choose? Let’s break down our complete list

Best National Banks in 2022

  1. CIT Bank
  2. BBVA
  3. Ally Bank
  4. Huntington
  5. Citibank
  6. PNC
  7. Bank of America
  8. TD Bank
  9. Wells Fargo
  10. TIAA Bank
There were several factors that went into creating the list of best banks, just like the number of branches, fees, financial products, customer service, interest rates, and far more. While you’re rummaging through my list, one important caveat is that these banks tend to be the most popular, but they'll not be the simplest choice for you and your money.

CIT Bank – Best Savings Rates

CIT Bank is consistently one of the highest banks when it involves interest rates for savings, market, and CD accounts. They offer very flexible options for CDs and have an 11-month no-penalty CD that allows you to make withdrawals after having the account for one week. Where they're not nearly as good is for checking accounts. In fact, they don’t even offer a bank account. If you got to have a minor number of transactions, the CIT Bank market accounts do offer six free transactions monthly. This might work for easy budgets and other people who use tons of money. However, if you're looking to have the very best interest rates on your money consistently, CIT Bank will be there whenever.

BBVA – Best market Rates

BBVA isn't the foremost well-known bank on our list, but you shouldn’t count them out of the search. Some reasons I include them at the highest of my list is due to their market account, free bank account, and CD. BBVA (formerly BBVA Compass) features a 12-month CD that immediately features a 0.30% APY. Their free bank account features a $25 fee to open, but they need no ATM fees at BBVA ATMs and no monthly service fee. With BBVA Wallet, you'll track your purchases, activate new cards, make payments, report your card stolen, change its pin, and access rewards for your spending during the app. One additional benefit is you'll open a BBVA account online. It’s quick and straightforward, as is managing your account.

Ally Bank – Great All-Around Online Bank

Because of their recent advertising push, you’ve probably heard of Ally Bank, but you'll not know they're one of the simplest internet banks on the market. Their rates are one among the foremost vital reasons they stand out from the competition. They only have three account options to settle on from:
  • Ally Interest Checking
  • Ally Online Savings
  • Ally market
With their Online bank account, you'll get an APY of two .10% on all balance tiers, which is far above a standard bank. Other benefits of their online bank account are no balance minimums or maintenance fees. We cover more reasons in our Ally Bank review. Still, as long as you don’t mind not having any physical branches to travel in or require a face-to-face meeting, Ally is a superb option for anyone shopping around for a replacement bank.


While Huntington could also be less widely known, its services and banking products are top-notch. Huntington offers banking, borrowing, investing, and insurance products for private banking, alongside a variety of economic and business options. Huntington stands out for its low fees, excellent customer experience, and rewarding CD accounts. The Huntington Asterisk-Free bank account is worth considering. While it doesn’t accrue interest, the account is totally fee-free. If you’re trying to find a return, you would possibly want to require advantage of Huntington 5 Checking, which comes with low and straightforward to avoid fees and APY. Likewise, their savings accounts accompany quickly avoidable fees and reasonable interest.


Unlike a number of the opposite banks on our list, Citi features a specific niche on which they concentrate. Citibank is a superb choice for anyone with large investment accounts, tons of savings, or features a loan or MasterCard already through Citi. Citi offers bonuses for opening accounts, but there are some high requirements you’ll need to meet first. If you would like to secure their $300 bonus, you've got to deposit a minimum of $15,000 during a Citibank Account package. Otherwise, you can get their $500 bonus by putting a minimum of $50,000 during a Citi Priority Account Package. The more you employ your Citi MasterCard and services, you’ll earn ThankYou Points. These are a neighborhood of their reward system, and you'll use those points to redeem gift cards, shop, take advantage of flights, and far more. You'll even earn advanced premier access to sporting events and concerts with the Citi Private Pass. If you've got a Citi Thank You, Premier Card, or a Citi Prestige Card, your points are getting to be worth more.

PNC Bank

PNC’s financial tools have solidified it together of the simplest banks within the nation. PNC features a nifty tool they call Virtual Wallet, and it’s one of the simplest banking tools out there. With the virtual wallet, you’ll get tons of valuable benefits, like having your accounts divided into three categories:
  • Spend
  • Reserve
  • Growth
This tool can offer you a singular view of your money and assist you in understanding your finances. Virtual Wallet often comes with limited-time promotions where you earn automatically for using the service. The money within the reserve portion is often used for short-term savings and has free overdraft protection. The expansion category is employed for more significant savings. With the Virtual Wallet, you’ll be ready to create budgets, cash in their bill calendar, and far more. One thing to notice with PNC is that they have a $7 monthly fee you'll avoid if you've got a combined $500 in spend and reserve categories; otherwise, you have a minimum of $500 directly deposited to your spend category monthly.

Bank of America

Bank of America is one of the most important banks on our list. Bank of America has around 4,500 branches across the U.S, which suggests that there's a Bank of America location near you no matter where you reside. The reason they made it on my list is due to their customer service. They need call centers that are open every weekday from 8 a.m. to 11 p.m. and on the weekends from 8 to eight. Not only are you able to call them if you've got any questions, but you'll also reach them on Twitter or through chat online. Bank of America also features a helpful Mobile Banking app that allows you to line notifications for the account activities you select, like unusual card activity or insufficient funds. If you would like a bank that’s always available (and has many ATMs), Bank of America is a superb choice.

TD Bank

TD Bank is the place to travel if you would like an accessible bank account and excellent customer service. They have three primary sorts of bank accounts you'll choose between. Their TD Simple is strictly what it seems like, an accessible bank account with no minimum balance. Their TD Premier is an account that earns interest if you've got a balance of quite $2,500 and provides access to accessible ATMs everywhere you go. TD also offers customers a variety of services like personal and residential loans. One of the unique benefits of TD Bank is for those that travel. TD Bank has no foreign open-end credit fees. Additionally, you'll use TD Canada Trust ATMs with no additional fees if you visit Canada often. If you’re traveling for business or pleasure, TD Bank will be one of the simplest banks for you.

Wells Fargo

There are several publications or organizations that have deemed Wells Fargo the “Best Bank.” actually, they won GOBankinRates’ best bank survey two years in a row. They need to be around for over 150 years, which suggests they need a short time to perfect their business. One area in which Wells Fargo shines is its fees and balances. To open an account, you'll only need an initial deposit of $25 or $50. Their monthly fees are as low as $5 (some accounts have higher rates at $30, but those are the upper accounts). Aside from their fees, one more reason numerous people love Wells Fargo is thanks to what percentage of ATMs and locations they need. They have 12,000 ATMs across the U.S. and over 6,500 branches you'll walk into. This is often quite almost every other commercial bank. If you would like access to most locations and access points, look no further than Wells Fargo.

TIAA Bank – Best Investment Bank

Some people want more from their bank than simply an area to stash money. They need a number of the simplest CD rates on the market. If you would like to take a position, a number of the cash in your bank, TIAA, formerly Everbank, possesses you covered. They have three different CDs, a Basic CD, Bump Rate CD, and their Yield Pledge CD. Each of them is slightly different in the way they operate and their benefits. Their basic CD is often opened with $1,000, while their premier Yield Pledge CD requires a $5,000 initial deposit. Bump rate CDs, one of their standout investment offerings, allow you to raise your interest rate on just one occasion when TIAA’s interest increases.

SunTrust – Best Bank for college kids

There are tons of banks out there offering student accounts, but they aren’t created equally. SunTrust has one among the simplest accounts for college kids. As long as you’re a high school student (or your child is), you won’t pay any monthly fees. These accounts offer online banking with bill pay, mobile banking, account balance alerts, and far more. Students are always on the run, and this account understands. SunTrust makes it easy to show your child the importance of banking.


The reason for selecting Chase is apparent: bonuses! Chase is the largest bank within the nation-supported asset size. A method they attract tons of latest customers is by offering check-in bonuses. If you opt to open up a replacement bank account at Chase, you'll earn $200. With a bank account, you’ll pocket $150. Qualifying for the bonuses is simple. All you've got to try to do is about up a Chase Total bank account and find out an immediate deposit. For the Chase bank account, deposit $10,000 – within 20 business days – and maintain the balance for 90 days; then, you’ll earn the $150 bonus check. Chase also offers credit scores, investment tools, home lending, auto loans, savings, and CDs. Bottom line, you'll score all those bonus points and manage most of your financial needs with Chase, beat one place.


Barclays Bank has been around for an extended time. Founded in 1690, British Bank remains going strong, and there's good reason for that. Though founded in Great Britain, Barclays may be a worldwide bank with impressive offerings from credit cards to corporate and investment banking and wealth management. One of the simplest offerings from Barclays is their online bank account, which currently offers 2.10% APY. Barclays operates as a pure savings platform. This suggests they don’t offer some standard banking features like consumer loans and checking accounts. But, that doesn’t keep over 45 million customers from utilizing their other products. When you bank with Barclays, you bank with peace of mind and stability that comes from centuries of consistency.

Which Bank Is Best For YOU?

Every person is different, and everybody has different banking needs. I can’t say these seven banks (plus some) are getting to be the simplest option for you, but they're an excellent place to start. There are thousands of banks out there, and hopefully, my research has given you an area to start your own.

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