Navy Federal offers several checking account options, designed to fit different financial needs. Whether you want to earn dividends, avoid fees, or access special perks. Here’s a quick breakdown:
What Different Types of Checking Accounts are There?
Free Active Duty Checking
Editor rating ★★★★★ 5.0
Best for: Active Duty, Reservists & Retired Military
APY:
0.05%
0.05%
Monthly Fee:
$0
$0
ATM Rebates:
Up to $240/year
Up to $240/year
Key Features:
Early access to military pay with direct deposit required
No minimum balance requirement
Free personalized checks
No minimum balance requirement
Free personalized checks
Free Campus Checking
Editor rating ★★★★☆ 4.7
Best for: Ages 14-24 & Cadets
APY:
0.05%
0.05%
Monthly Fee:
$0
$0
ATM Rebates:
Up to $120/year
Up to $120/year
Key Features:
No minimum balance requirement
No monthly service fee
No monthly service fee
Free Easy Checking
Editor rating ★★★★☆ 4.5
Best for: Digital Banking on the Go
Monthly Fee:
$0
$0
ATM Rebates:
Included
Included
Key Features:
Mobile deposits & custom notifications
Tap-to-pay debit card
NCUA insured up to $250,000
Tap-to-pay debit card
NCUA insured up to $250,000
Free EveryDay Checking
Editor rating ★★★★☆ 4.3
Best for: Basic, No-Fee Checking
APY:
0.01%
0.01%
Monthly Fee:
$0
$0
Key Features:
No minimum balance
No opening deposit requirement
No opening deposit requirement
Flagship Checking
Editor rating ★★★★★ 5.0
Best for: Higher Balances & Dividends
APY:
0.35%-0.45%
0.35%-0.45%
Monthly Fee:
$0-$10
$0-$10
ATM Rebates:
Up to $120/year
Up to $120/year
Key Features:
Tiered dividends based on balance
No fee with $1,500+ daily balance
No fee with $1,500+ daily balance
