Checking is free. Reimburses ATM fees

Insider’s experts select the best products and services for you to make smart financial decisions.here’s how). Sometimes, we may be paid a commission by our clients Our partnersHowever, these opinions are not necessarily those of the company. All offers on this page are subject to the following terms and conditions

Overall rating for banking

Pros and cons

This may be something you like My Savings account NationwideYou can choose a savings account without monthly maintenance fees or minimum balance requirements if you want to be ahead of the game. 

The My Savings account NationwideHas a solid interest rates on par with the Average savings account. If you are looking for accounts that offer a higher rate of interest, however, we recommend checking out Guide to the best high-yield savings accounts.

The My Checking Account NationwideThis might apply to you if you use ATMs frequently. If you are an out-of-network user of ATMs, you will be reimbursed unlimited domestic ATM fees. 

The My Checking Account NationwideYou can also avoid standard bank fees by opening a solid account. There are no monthly fees, and overdraft protection is available. Your checking account can also be linked to a Nationwide savings bank account.

Nationwide CDs require a minimum $500 opening deposit. This is lower than the $1,000 required by credit unions and banks.

These CDs might also be appealing if your goal is to purchase a 1-year or 18-month CD. The 1-year CD earns 2.80% APY and the 18-month CD earns 2.85% APY.

The Nationwide Money Market Plus accountIf you have at least $1,000 in your bank account, this could be an option. You’ll be able to waive the $8 monthly fee. 

The Nationwide Money Market Plus accountYou pay slightly more interest than the My Savings account Nationwide. However, other online financial institutions offer more competitive rates for savings or money market accounts. 

How Nationalwide Banking Works

Nationwide is a National insurance companyThrough its relationship with Axos, it offers online bank accounts as well as services. Nationwide has a location in Columbus, Ohio for Ohio residents.

Customers can access free ATM withdrawals at more than 91,000 locations across the US. You will need to log in online to access the ATM Locator service. If you are a member of the Nationwide My Checking accountYou’ll also be eligible for unlimited reimbursements if you use domestic ATMs that are not in your network.

Direct Bankers can be reached weekdays between 8 a.m. and 8 p.m. ET can be reached by phone, email or live chat.

The Axos Nationwide Bank app for banking has received 4.8 stars in Apple’s store and 4.6 stars in Google Play.

Nationwide isn’t a bank. However, bank accounts can be opened at Nationwide. FDIC insuredAxos Bank. This means that individual bank accounts are safe up to $250,000, and joint bank accounts $500,000

BBB rating and trustworthiness across the country

The Better Business Bureau rates companies in order to determine if they are honest with advertising and can respond to customer complaints.

Received an award for Nationwide Rating A+Axos Bank and the BBB were also recognized. Rating A+.

However, a high BBB score does not guarantee that you will have a good relationship with the company. Talk to customers to find out if the institution might be right for you.

Axos, Nationwide and Nationwide were not involved in any recent public controversy.

Nationwide vs. CIT Bank

Ultimately, your choices and goals will determine which online institution you choose.

The CIT Bank Savings Connect Account CIT Bank Money Market accountOffers lower interest rates than the National My Savings account Nationwide Money Market Plus account. Rates can fluctuate over the course of time. This could mean that prices may change in the future.

The My Checking Account Nationwide CIT Bank eChecking AccountYou may share some of the same features between accounts, so it is likely that your best option will depend on minor differences.

Nationwide, for example, offers early direct deposit. CIT Bank, however, does not. Nationwide offers unlimited ATM fee reimbursements domestically, while CIT only reimburses up to $30 per month.

Nationwide vs. Capital One

Capital One might be a better choice if you don’t have enough money to make a minimum deposit. Capital One offers a variety of checking and savings accounts. Capital One offers higher interest rates on savings accounts and CDs, as well as more competitive rates.

If you would like to open a money-market account, click the Nationwide Money Market Plus accountYour default option. Capital One does not have a money market account. 

Frequently Asked Questions