Institutions with free checking include Capital One, Simple, BankMobile, BBVA Compass, Navy Federal Credit Union and USE Credit Union, as of 2015. Many banks offer free checking accounts.
All of these banks offer at least one type of checking account which is free. Some of these institutions have membership requirements and may have state specific restrictions. Others include additional features at no cost to the user.
Capital One 360 Checking has no monthly fees. This bank also offer no ATM fees or foreign transaction fee. Additionally, a mobile app is available for this particular bank.
Simple Mobile Banking also features no monthly fees. There are no ATM fees from Simple. This type of account includes free bill pay as well. A mobile application is also available for Simple.
BankMobile also offers a free checking account. This slightly more simplified account features no ATM fees and no overdraft fees.
BBVA Compass ClearConnect Checking account is another free option. This bank features over 43,000 fee free ATMs throughout the United States. BBVA also provides users with a personalized check card for no additional fee.
Navy Federal Credit Union and USE Credit Union both have free checking accounts for those who meet the membership requirements.