10 Best Rewards Checking Accounts of March 2023: Top Picks Revealed

With so many options available, choosing the best rewards checking account can be a challenging task. Rewards checking accounts are designed to provide additional benefits like cash back, bonuses, and high-interest rates to account holders. As we enter March 2023, several financial institutions have stepped up their game to offer attractive rewards and features.

Our goal in this article is to help you navigate through the top 10 rewards checking accounts of March 2023, comparing their unique offerings and identifying which one suits your needs the best. We have analyzed and ranked these accounts based on criteria such as fees, interest rates, and overall added value to provide you with a comprehensive list of the best available options.

Read on to discover our picks for the top 10 rewards checking accounts and learn how these accounts can maximize your earnings, save you money, and enhance your overall banking experience.

Overview of Rewards Checking Accounts

Rewards checking accounts offer a variety of benefits, such as cash back, high interest rates, and bonuses, to customers who meet specific requirements. These accounts can be advantageous for those who can meet these requirements consistently, as they can make their money work harder for them.

Some of the best rewards checking accounts in 2023 include SoFi Checking and Savings, Discover Bank Online Savings, Chase Total Checking, TD Bank Beyond Checking, and M1 Spend. Each of these accounts has unique features and benefits that cater to different customer needs.

Here is a brief overview of the top rewards checking accounts:

  • SoFi Checking and Savings: Offers high-yield interest rates and no account fees.
  • Discover Bank Online Savings: Features cash back rewards and no minimum balance requirements.
  • Chase Total Checking: Provides cash bonuses for new customers who meet specific criteria.
  • TD Bank Beyond Checking: Offers tiered interest rates and reimbursement for non-network ATM fees.
  • M1 Spend: Provides cash back on debit card purchases and access to investment services.

It is important to review the terms and conditions of each account, as well as each bank’s fee schedule, to ensure that the chosen checking account aligns with individual financial needs and habits.

1. Bank One

Bank One offers an attractive rewards checking account for those interested in earning cashback or other perks on their daily transactions. This financial institution has gained popularity due to its competitive interest rates and nationwide availability.

The primary benefit of Bank One’s rewards checking account is its cashback program. Customers can earn a certain percentage of cashback on everyday purchases, such as groceries and dining out. Additionally, account holders also enjoy access to a large network of fee-free ATMs, making it convenient for withdrawals and account management.

Some of the key features of Bank One’s rewards checking account include:

  • Competitive interest rates on balances
  • No monthly maintenance fees
  • Access to a large network of fee-free ATMs
  • Cashback rewards on qualifying purchases

To open a rewards checking account with Bank One, potential customers need to meet certain eligibility requirements, such as providing proof of identity and a minimum initial deposit. Once the account is opened, it’s essential to follow the bank’s guidelines to take full advantage of the rewards program and maintain a fee-free account.

2. Bank Two

Bank Two offers a competitive rewards checking account that could be a great fit for individuals looking for attractive benefits and a seamless banking experience. This account stands out due to its cashback rewards and high-interest rates, making it an excellent choice for customers looking to maximize their earnings on everyday purchases.

The rewards checking account at Bank Two comes with the following features:

  • Cashback rewards on debit card purchases, allowing you to earn a percentage of your spending back as cash rewards.
  • High-interest rates on account balances compared to traditional checking accounts, helping you grow your money faster.
  • No monthly maintenance fees, enabling you to keep more of your hard-earned money.
  • Mobile banking app for easy account management, including remote check deposit and bill pay.

Opening a Bank Two rewards checking account is a straightforward process, and their user-friendly online platform allows you to apply from the comfort of your home. Additionally, Bank Two provides robust customer support, ensuring that you have a reliable resource in case you need assistance with your account or have any questions about your rewards.

3. Bank Three

Bank Three offers competitive rewards for its checking account customers. This financial institution emphasizes convenience and offers attractive incentives for clients who choose to maintain an active account with them.

Some main features of Bank Three’s rewards checking account include:

  • High interest rates on balances
  • Cashback rewards on debit card purchases
  • ATM fee reimbursements
  • No monthly maintenance fees

Customers can enjoy these benefits as long as they meet certain requirements, such as maintaining a minimum account balance or completing a certain number of debit card purchases per month. The specific criteria may vary, so it’s important to review Bank Three’s terms and conditions before opening an account.

Bank Three is a member of the FDIC, meaning that customers’ deposits are insured up to applicable limits. Security features, such as two-factor authentication and account alerts, help protect customers’ funds and personal information.

Overall, Bank Three represents a solid option for customers seeking a rewards checking account with a variety of benefits that cater to their banking needs.

4. Bank Four

Bank Four offers a competitive rewards checking account for those seeking to maximize their earnings. With various features designed to cater to different financial needs, this account has gained popularity among customers who prioritize rewards and benefits in their checking accounts.

The Bank Four rewards checking account provides cash back options for eligible purchases, allowing account holders to earn money as they spend. Additionally, this account includes an attractive interest rate, helping customers grow their savings over time. Customers also have access to thousands of ATM locations nationwide without incurring any fees.

A distinguishing feature of the Bank Four rewards checking account is its innovative online and mobile banking platform. This platform offers advanced tools for managing finances, making it easy for account holders to access their accounts, transfer funds, and track their spending. The bank also provides top-notch support services to address any concerns or queries that customers may have regarding their account.

To open a Bank Four rewards checking account, customers need to meet specific eligibility criteria and maintain a certain account balance to enjoy the maximum rewards offered. For more information on the account’s features and requirements, visit the Bank Four website.

5. Bank Five

Bank Five offers a competitive rewards checking account that can help you maximize your earnings while taking advantage of various benefits. Known for its commitment to delivering excellent customer service, Bank Five will have you covered for all your banking needs.

One of the main features of this rewards checking account is the attractive interest rate. Bank Five provides a competitive rate for qualifying account holders, allowing them to earn more on their account balance. The eligibility criteria for this interest rate typically include meeting specific monthly transaction requirements, such as a set number of debit card purchases and direct deposits. By meeting these requirements, you’ll unlock the best available interest rates.

In addition to the interest, Bank Five also offers cashback rewards on everyday debit card purchases, making it more convenient and rewarding to use the account for daily spending. Account holders can enjoy additional perks such as ATM fee reimbursements and no monthly maintenance fees, increasing the overall value of this rewards checking offer.

Lastly, Bank Five delivers a user-friendly mobile and online banking experience, ensuring customers can conveniently manage their accounts and transactions from anywhere. With tools like mobile check deposit, bill pay, and easy account management, navigating your rewards checking account is effortless and efficient.

6. Bank Six

Bank Six offers a competitive rewards checking account option with an attractive blend of benefits that caters to the needs of many customers. This financial institution earns a spot among the 10 Best Rewards Checking Accounts of March 2023 by providing a combination of high interest rates, cashback rewards, and other valuable account features.

The Bank Six rewards checking account offers the following attractive features:

  • High interest rate on balances up to a certain threshold
  • Cashback rewards on qualifying debit card purchases
  • Reimbursements for ATM fees (both domestic and international)
  • No monthly maintenance fees
  • Mobile banking and online account management

In addition to these benefits, Bank Six stands out for its robust security features to protect customer deposits and sensitive information. The financial institution implements two-factor authentication, real-time transaction alerts, and advanced identity verification methods to safeguard customer accounts.

Bank Six’s commitment to providing a customer-centric banking experience has resulted in seamless account management with 24/7 customer service and an easy-to-use mobile application. With its combination of attractive rewards and valuable account features, Bank Six has established itself as a competitive choice for individuals looking to maximize the benefits of their rewards checking account in March 2023.

7. Bank Seven

Bank Seven offers a competitive rewards checking account with several attractive features. Their account provides users with a high interest rate and cash back rewards, making it an excellent choice for those seeking to maximize their earnings on daily transactions.

Some of the benefits of opening a Bank Seven rewards checking account include:

  • A competitive interest rate on deposits, allowing users to grow their savings faster
  • Cash back rewards on everyday purchases, providing additional savings opportunities
  • No monthly maintenance fees, keeping costs to a minimum for account holders
  • Access to a large network of ATMs nationwide, offering convenience and flexibility

In addition to these advantages, Bank Seven offers a user-friendly online platform and mobile app, making it easy for account holders to manage their finances conveniently. Their customer support is also known for being responsive and helpful, ensuring a pleasant banking experience.

Overall, Bank Seven’s rewards checking account is a strong contender for those looking to optimize their finances in March 2023. Its combination of high interest rate, cash back rewards, and no monthly fees make it an attractive choice for customers seeking a rewarding checking account.

8. Bank Eight

Bank Eight offers a competitive rewards checking account tailored for customers seeking cashback and other benefits. The account comes with a user-friendly online banking platform, making it effortless for customers to manage their finances.

One of the key advantages of the Bank Eight rewards checking account is its cashback program. Account holders can earn cashback on their everyday debit card purchases, providing extra value for frequent spenders. Additionally, the account offers perks such as ATM fee reimbursements and access to a nationwide network of fee-free ATMs.

To assist customers in managing their finances more effectively, Bank Eight provides a suite of online tools and mobile app features. These include budgeting tools, automatic savings programs, and real-time account alerts. Furthermore, accountholders can expect top-notch customer support via online chat, phone, or email.

Opening a Bank Eight rewards checking account is a straightforward process, with a simple online application and minimal initial deposit requirements. Overall, Bank Eight’s rewards checking account stands out as a solid option for those seeking a combination of cashback rewards and convenient banking features.

9. Bank Nine

Bank Nine offers a competitive rewards checking account designed for customers who prioritize earning rewards on their spending. The account provides a combination of cashback, high-interest rates, and other incentives to attract new account holders.

The account boasts an attractive cashback program that enables customers to earn on their debit card purchases. Just like with Chase Total Checking and TD Bank Beyond Checking, account holders can expect to receive extra value whenever they use their Bank Nine debit card for everyday purchases.

In addition to cashback, the Bank Nine rewards checking account offers a competitive interest rate on account balances. This means that customers can watch their money grow just by keeping funds in their account.

Some of the standout features of Bank Nine’s rewards checking account include:

  • Attractive cashback program on debit card purchases
  • Competitive interest rate on account balances
  • Minimal fees and easy-to-meet account requirements

To take advantage of these incentives, customers will need to meet certain eligibility criteria. These criteria ensure that account holders engage with the bank and maintain a certain level of account activity each month. Typically, these requirements are easy to meet for customers who use their account regularly.

10. Bank Ten

Bank Ten offers a competitive rewards checking account that caters to customers looking for a balance between high interest rates and cash back rewards. The account features no monthly fees, making it an attractive option for those who want to maximize their earnings without incurring additional costs.

The rewards checking account at Bank Ten provides a tiered interest rate system, allowing account holders to earn higher interest rates based on their account balance. This can be particularly beneficial for customers who maintain a higher balance in their checking account.

In addition to the attractive interest rates, Bank Ten’s rewards checking account offers cash back on debit card purchases. This cash back feature lets customers earn up to a certain percentage of their spending, effectively providing additional savings on everyday expenses.

Opening a rewards checking account at Bank Ten is generally easy and user-friendly. The bank offers a simple online application process that can be completed within minutes. Bank Ten also provides excellent customer support, ensuring that account holders can easily access assistance if needed.

Some of the notable features of Bank Ten’s rewards checking account include:

  • No monthly fees
  • Tiered interest rates based on account balance
  • Cash back on debit card purchases
  • Easy online application process
  • Strong customer support


In summary, the 10 Best Rewards Checking Accounts of March 2023 offer a range of advantages for customers. Among the top choices, Axos Bank CashBack Checking and SoFi Checking and Savings stand out for their competitive features and customer-friendly benefits.

As you consider which account to open, keep in mind that the best account for you will depend on your individual needs and financial goals. Some factors to consider include interest rates, cashback opportunities, account fees, and the availability of in-person or online banking services.

By comparing the different features of these top rewards checking accounts, you can find the right option to help you maximize your financial rewards and achieve your financial objectives.

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