There has been a steady increase in the number of new digital banks over the last decade. By 2026 the global digital banking market is expected to reach $30.1 Billion.
An increasing number of consumers and businesses are conducting daily banking transactions without need for traditional brick-in-mortar banks.
After researching digital banks we have determined the best digital banks that offer full banking services.
- Money Market
- No overdraft fees
- No monthly fees
- Debit Mastercard
- 90,000+ free AllPoint ATMs
- Free credit score and report accessible in the app.
- Zelle® integration
Why we picked it
Quontic Bank is a full-service digital bank offering top rates on CDs up to 5.10% APY. Quontic does everything from lending to digital banking with a responsive U.S.-based customer service team.
The banking app is highly rated and Quontic stays at the forefront of innovation with products like the wearable debit card ring.
mph Bank
- Free Checking
- No overdraft fees
- No monthly fees
- 55,000+ free AllPoint ATMs
- Free credit score and report accessible in the app
- Zelle® integration
- Round-up widget that puts you in control of saving
Why we picked it
mph (Makes People Happy) is backed and run by Liberty Savings Bank, a 133 year old FDIC-insured bank. Their goal is to offer value to a national audience with financial products and services to create a long-term banking relationship.
From checking and savings accounts for personal and business use, to mortgage and personal loans, mph.bank focuses on customer needs including regular access to a free credit score and report directly in the app.
