At Radius Bank, we are committed to delivering superior products and services to help our clients meet their financial goals. We are proud to have been honored with the awards below for our continued commitment.
Bankrate’s Best Online Bank
The brand isn’t a household name, but Radius Bank earned the No. 1 spot among online banks for the combination of its mobile banking app, generous ATM fee rebates, its payout on checking and savings accounts and its accessibility — the minimums to open a checking or savings account are fairly low.
Radius Bank is an online bank with a Rewards Checking account that combines a competitive interest rate and cash-back rewards. It also offers unlimited ATM fee reimbursements, a rare perk, and up to two-day early direct deposit.
The Radius Bank Tailored Business Checking Account is a great solution for side hustlers and small business owners. The real plus with this account is that it pays interest! You can earn 0.10% APY on balances over $5,000. It’s nearly unheard of to have a business checking account that pays interest.
Our next recommendation for best places to open a business checking account online is the digital-native bank Radius. Radius’ Tailored Business Checking Account is ideal for growing businesses. According to their website, Radius estimates that you can open your online business checking account in as little as 10 minutes.
GOBankingRate’s Best Online Banks and Checking Accounts of 2020
Radius Bank offers fee-free versions of the most popular types of accounts, all with decent rates; the unlimited ATM fee reimbursement is a significant additional perk. Also, no-fee, high-APY checking with free worldwide ATM withdrawals make the Radius Bank Rewards Checking account a knockout contender.
Radius Bank Tailored Checking doesn’t have the best yield in the business checking space, but 0.10% APY on balances over $5,000 is better than nothing. Pair that yield with no limits or fees on transactions — ever — and you have an excellent account for active businesses able to keep some cash on hand. Mobile check deposits and a powerful debit card app (which includes a card-locking feature) simplify banking on the go.