Top 15 Checking Accounts for Seniors

3. Ally Spending Account

Insider Monkey Score: 22       

Annual Percentage Yield (APY): 0.10-0.25%          

Minimum Opening Deposit: None

Monthly Maintenance Fees: None

The Ally Bank Spending Account is another good option for an online bank. Offering an above-average APY that can be upto six times higher than the national average, this checking account provides much competitive rates. Ally account holders also enjoy additional perks such as 43,000 fee-free ATMs and up to $10 per month in reimbursements for out-of-network ATM fees.