A zero balance savings account is a type of account that has no minimum balance requirement. This means that you can open an account with any amount of money, and you will not be charged any fees for having a zero balance. The best zero balance savings account for you will depend on your individual financial needs and goals.
There are many different banks and credit unions that offer zero balance savings accounts. Some of the best options include Ally Bank, Barclays, Capital One 360, and Discover Bank. Each of these banks offers different features and benefits, so it’s important to compare them before opening an account.
Ally Bank offers a free online savings account with no minimum balance requirement. This account also offers a competitive interest rate, which means you’ll earn more interest on your savings. Ally Bank also has no monthly fees, so you can keep more of your money in your account.
Barclays offers a zero balance savings account with a competitive interest rate and no monthly fees. This account also has no minimum balance requirement, so you can open an account with any amount of money. Barclays also offers a mobile app so you can easily manage your account on the go.
Capital One 360 offers a free online savings account with no minimum balance requirement and no monthly fees. This account also offers a competitive interest rate, and you can use Capital One’s online tools to track your progress and set savings goals.
Discover Bank offers a zero balance savings account with no monthly fees and a competitive interest rate. This account also has no minimum balance requirement, so you can start saving with any amount of money. Discover Bank also offers a mobile app so you can easily manage your account on the go.
When choosing the best zero balance savings account for you, it’s important to consider your individual financial needs and goals. Consider the interest rate, fees, and features of each account to find the one that best suits your needs.
When it comes to picking a savings account, there are a lot of options out there. But if you’re looking for a account with zero balance, there are only a few options available. In this article, we’re going to go over the best zero balance savings account for 2022.
The first option on our list is the Capital One 360 Savings account. This account requires a $0 minimum balance and offers 0.75% APY. There are no monthly fees associated with this account.
Our second option is the Discover Cashback Debit account. This account also has a $0 minimum balance requirement. However, it does have a $4.95 monthly fee. However, this fee is waived if you have a balance of $3,000 or more. This account also offers 1% cash back on all debit card purchases.
Our last option is the Ally Interest Checking account. This account has no minimum balance requirement and no monthly fees. It also offers a competitive 0.40% APY.
So, there you have it, the best three zero balance savings account for 2022. All of these account offer great features with no minimum balance requirement.