With numerous options available, selecting the right bank account can be overwhelming. This guide aims to simplify the process by highlighting the key benefits of the best digital banks and providing insights into choosing a smart bank account that meets your financial needs.
In 2025, the best digital banks in America are not just about basic banking; they offer a range of services that can help you manage your finances more effectively.
Key Takeaways
- Understanding the benefits of digital banking
- Identifying key features of top online banking services
- Learning how to choose a smart bank account
- Discovering the best digital banks in America for 2025
- Exploring profitable banking options
The Digital Banking Revolution in America
The rise of digital banking in America is redefining the way people manage their finances, offering convenience, flexibility, and a range of benefits. This revolution is driven by top digital banking institutions that are leveraging technology to provide seamless, user-friendly experiences.
The best online banks in the US are at the forefront of this change, offering services that cater to the diverse needs of consumers. From mobile banking apps to online account management, these institutions are making it easier for people to access financial services anytime, anywhere.
One of the key drivers of the digital banking revolution is the increasing demand for convenience and flexibility. Consumers are no longer tied to traditional banking hours or brick-and-mortar locations. Instead, they can manage their finances on their own terms, using digital platforms that are available 24/7.
The digital banking revolution is also being driven by advancements in technology, including artificial intelligence, blockchain, and cybersecurity measures. These innovations are enabling banks to offer more secure, personalized, and efficient services, further enhancing the banking experience.
As the digital banking landscape continues to evolve, it's clear that the traditional banking model is being transformed. The top digital banking institutions are leading the way, offering a glimpse into a future where banking is more accessible, more convenient, and more aligned with the needs of modern consumers.
What Makes a Digital Bank Different from Traditional Banks?
In recent years, digital banking has emerged as a significant alternative to traditional banking. Digital banks, also known as online banks or neobanks, operate primarily online, offering a range of financial services through mobile apps and websites.
The key difference between digital banks and traditional banks lies in their operational model. Digital banks lack physical branches, which significantly reduces their overhead costs. This allows them to offer higher interest rates on deposits, lower fees, and more competitive loan terms.
Key Advantages of Digital Banking
Digital banking offers several advantages over traditional banking. Higher interest rates on savings accounts and certificates of deposit are among the most significant benefits. Digital banks also tend to have lower fees, including maintenance fees, overdraft fees, and ATM fees.
Additionally, digital banks often provide user-friendly mobile apps that allow customers to manage their finances on the go. Many digital banks also offer real-time account tracking and advanced security features to protect customer accounts.
| Feature | Digital Banks | Traditional Banks |
|---|---|---|
| Interest Rates | Higher | Lower |
| Fees | Lower | Higher |
| Branch Access | Online Only | Physical Branches |
Potential Limitations to Consider
While digital banking offers many advantages, there are also potential limitations to consider. One of the main drawbacks is the lack of physical branch access, which can make it difficult for customers who prefer in-person banking or need to perform complex transactions.
"The biggest challenge for digital banks is to provide a seamless customer experience while maintaining robust security measures." -
Additionally, digital banks may have limited product offerings compared to traditional banks, which can offer a wider range of financial products and services.
How to Choose the Right Digital Bank for Your Needs
In the realm of digital banking, making an informed decision about your bank is key to financial satisfaction. With the rise of top digital-only banks and best internet banks in America, consumers have a wide range of options to choose from.
When selecting a digital bank, it's essential to consider several factors that align with your financial needs and preferences. The process involves evaluating the bank's features, fee structures, and overall user experience.
Essential Features to Look For
A good digital bank should offer a comprehensive set of features that cater to your banking needs. Some of the essential features to look for include:
- Easy account opening process
- Mobile banking app with robust functionality
- High-yield savings options
- Low or no fees for services
- 24/7 customer support
Fee Structures and Hidden Costs
Understanding the fee structure of a digital bank is crucial to avoid unexpected charges. Look for banks that offer transparent and competitive pricing. Here's a comparison of fee structures among popular digital banks:
| Digital Bank | Monthly Maintenance Fee | ATM Fees | Overdraft Fees |
|---|---|---|---|
| Ally Bank | $0 | $0 (with certain conditions) | $0 |
| Chime | $0 | $0 (with certain conditions) | $0 |
| Capital One 360 | $0 | $0 (with certain conditions) | $0 |
User Experience and Mobile App Quality
The quality of a digital bank's mobile app is a critical factor in determining the overall user experience. Look for banks with intuitive and feature-rich mobile apps that allow you to manage your finances effectively on the go.
By considering these factors and doing your research, you can choose a digital bank that meets your needs and provides a satisfying banking experience.
Best Digital Banks in America for Overall Banking Experience
In the realm of digital banking, some institutions excel in providing an all-encompassing experience for their customers. The best digital banks in America offer a blend of innovative services, user-friendly interfaces, and comprehensive financial products.
Ally Bank
Overview
Ally Bank is a well-established digital bank known for its wide range of financial products and high-yield interest rates. It offers a seamless banking experience with robust online and mobile banking platforms.
Pros
- High-Yield Interest Rates: Ally Bank offers competitive interest rates on its savings and checking accounts.
- User-Friendly Interface: The bank's mobile app and website are intuitive and easy to navigate.
- 24/7 Customer Support: Ally provides round-the-clock customer support via phone, email, and chat.
Cons
- Limited Branch Access: As an online bank, Ally has limited branch access, which might be inconvenient for some customers.
- Deposit Limitations: There are limits on deposit amounts for certain accounts.
Features
| Feature | Description |
|---|---|
| High-Yield Savings | Competitive interest rates for savers |
| Interest Checking | Earn interest on your checking account balance |
| Mobile Banking App | User-friendly app for managing accounts on-the-go |
Chime
Overview
Chime is a popular digital bank that focuses on providing fee-free banking services with a modern twist. It offers a range of financial products, including checking and savings accounts.
Pros
- No Fees: Chime is known for its no-fee policy on overdrafts, maintenance, and ATM usage.
- Early Direct Deposit: Chime offers early direct deposit for eligible customers.
- Automatic Savings: The bank provides features to help customers save automatically.
Cons
- Limited Cash Deposit Options: Chime relies on partner networks for cash deposits, which might be limited in some areas.
- No Joint Accounts: Currently, Chime does not offer joint accounts.
Features
| Feature | Description |
|---|---|
| Fee-Free Banking | No overdraft, maintenance, or ATM fees |
| Early Direct Deposit | Get your paycheck up to two days early |
| Automatic Savings | Save money automatically with rounding features |
Capital One 360
Overview
Capital One 360 is the digital banking arm of Capital One, offering a range of financial products, including checking and savings accounts, CDs, and IRAs.
Pros
- No Fees: Capital One 360 does not charge maintenance, overdraft, or ATM fees.
- Competitive Interest Rates: The bank offers competitive rates on savings accounts and CDs.
- Extensive ATM Network: Capital One 360 provides access to a large ATM network.
Cons
- Minimum Balance Requirements: Some accounts have minimum balance requirements to avoid fees or earn interest.
- Limited Branch Access: As a digital bank, Capital One 360 has limited physical branch access.
Features
| Feature | Description |
|---|---|
| 360 Checking | No fees, with access to a large ATM network |
| 360 Savings | Competitive interest rates for savers |
| CDs and IRAs | Variety of CDs and IRAs with competitive rates |
Top Digital Banks for High-Yield Savings
In the realm of digital banking, high-yield savings accounts are a game-changer for savers. These accounts offer a way to earn more interest on your savings compared to traditional brick-and-mortar banks. With the rise of digital banking, consumers now have a variety of options when it comes to choosing a high-yield savings account.
When selecting a digital bank for high-yield savings, it's essential to consider factors such as interest rates, fees, and account features. Here, we'll explore three top digital banks that stand out for their high-yield savings offerings: Marcus by Goldman Sachs, Discover Bank, and American Express National Bank.
Marcus by Goldman Sachs
Overview
Marcus by Goldman Sachs is known for its high-yield savings account that offers a competitive interest rate with no fees or minimum balance requirements.
Pros
- No fees: Marcus doesn't charge maintenance fees, overdraft fees, or ATM fees.
- High-yield interest rate: Earn a competitive interest rate on your savings.
- No minimum balance requirement: You can open an account with any amount.
Cons
- Limited branch access: As an online bank, Marcus doesn't have physical branches.
- No checking account option: Marcus only offers savings accounts and CDs.
Features
Marcus offers a user-friendly mobile app and online banking platform, making it easy to manage your savings on the go. The high-yield savings account is FDIC-insured, providing peace of mind for your deposits.
Discover Bank
Overview
Discover Bank is another reputable digital bank offering high-yield savings accounts with competitive interest rates and no fees.
Pros
- Competitive interest rate: Discover Bank offers a high-yield savings account with a competitive rate.
- No fees: Discover doesn't charge monthly maintenance fees or overdraft fees.
- Mobile banking: Discover's mobile app is highly rated for its ease of use.
Cons
- Minimum balance requirement for highest rate: To get the highest interest rate, you need to meet specific balance requirements.
- Limited account options: Discover Bank's product offerings are somewhat limited compared to traditional banks.
Features
Discover Bank's high-yield savings account is accompanied by a robust online banking platform and mobile app, allowing for easy account management and mobile deposit capabilities.
American Express National Bank
Overview
American Express National Bank offers a high-yield savings account with a competitive interest rate and flexible terms.
Pros
- Competitive interest rate: American Express National Bank offers a high-yield savings account with a competitive rate.
- Flexible terms: The bank provides flexible terms for its high-yield savings accounts.
Cons
- Limited information: Some details about the account, such as fees and minimums, may require closer examination.
Features
American Express National Bank's high-yield savings account is designed to be straightforward and easy to manage, with the backing of a well-established financial institution.
When choosing a digital bank for high-yield savings, it's crucial to compare the features, interest rates, and terms of different banks. The following table summarizes the key aspects of the three digital banks discussed:
| Bank | Interest Rate | Fees | Minimum Balance |
|---|---|---|---|
| Marcus by Goldman Sachs | Competitive | No fees | No minimum |
| Discover Bank | Competitive | No monthly fees | Optional minimum for highest rate |
| American Express National Bank | Competitive | Variable | Variable |
"The rise of digital banking has given consumers more choices than ever when it comes to managing their savings. High-yield savings accounts from digital banks offer a compelling option for those looking to maximize their interest earnings."
In conclusion, Marcus by Goldman Sachs, Discover Bank, and American Express National Bank are among the top digital banks for high-yield savings. Each offers unique benefits and features that cater to different needs and preferences. By carefully evaluating these options, savers can make informed decisions about where to place their money to earn the highest returns.
Best Digital Banks for No-Fee Banking
The rise of digital banks offering no-fee services is revolutionizing the way Americans manage their finances. With the increasing demand for transparent and cost-effective banking solutions, several top digital banking institutions have emerged, offering a range of benefits to their customers.
These institutions are redefining the banking experience by eliminating unnecessary fees, thereby allowing consumers to save money and manage their finances more efficiently. In this section, we will explore three leading digital banks that stand out for their no-fee banking policies: SoFi, Axos Bank, and Varo.
SoFi
Overview
SoFi is a well-known digital bank that offers a variety of financial products, including checking and savings accounts with no fees.
Pros
- No account fees or overdraft fees
- High-yield interest rates on savings accounts
- User-friendly mobile app
Cons
- Limited branch access
- Some services require a membership
Features
SoFi's checking and savings accounts come with robust features such as unlimited fee-free ATM access and competitive interest rates. The bank's mobile app is highly rated for its ease of use and comprehensive financial management tools.
Axos Bank
Overview
Axos Bank is another digital bank that has gained recognition for its no-fee banking options, offering both personal and business accounts.
Pros
- No monthly maintenance fees
- No overdraft fees
- High-yield savings options
Cons
- Limited customer service options
- Specific requirements for high-yield interest rates
Features
Axos Bank's accounts are designed to be fee-free, with features like free ATM access and mobile banking services. The bank also offers a range of savings products with competitive interest rates.
Varo
Overview
Varo is a mobile banking platform that offers a fee-free checking account with advanced features.
Pros
- No monthly fees or overdraft fees
- Early direct deposit options
- High-yield savings account
Cons
- Limited cash deposit options
- Some features require a premium account
Features
Varo's checking account comes with features such as fee-free overdraft protection and access to a large network of free ATMs. The bank's mobile app is designed to provide a seamless banking experience.
As highlighted by a financial expert, "The shift towards no-fee digital banking is not just a trend but a significant movement towards more transparent and consumer-friendly financial services."
"The future of banking is about simplicity, transparency, and customer-centric services. Digital banks are leading this change by offering no-fee accounts and innovative financial products."
| Digital Bank | No-Fee Checking | High-Yield Savings | Mobile App Rating |
|---|---|---|---|
| SoFi | Yes | Yes | 4.8/5 |
| Axos Bank | Yes | Yes | 4.5/5 |
| Varo | Yes | Yes | 4.7/5 |
Top Digital Banks for Small Business Owners
As small business owners navigate the evolving financial landscape, selecting the right digital bank is crucial for optimizing financial management. The best digital banks for small businesses offer a range of services tailored to their unique needs, from streamlined account management to innovative financing solutions.
When choosing a digital bank, small business owners should consider factors such as fee structures, user experience, and the availability of financial tools. The following digital banks have emerged as top choices for small businesses in the US.
Novo
Overview
Novo is a digital bank designed specifically for small businesses, offering a range of financial services and tools to help manage finances effectively.
Pros
- No hidden fees: Novo provides transparent pricing with no unexpected charges.
- Integrated financial tools: Novo offers a range of integrated tools to help businesses manage their finances, including invoicing and accounting integrations.
Cons
- Limited branch access: As a digital bank, Novo does not have physical branches.
- Dependence on technology: Businesses must be comfortable with digital banking platforms.
Features
- Real-time account tracking
- Invoicing and payment tools
- Integration with popular accounting software
BlueVine
Overview
BlueVine is a digital bank that specializes in providing financing solutions to small businesses, offering lines of credit and invoice factoring.
Pros
- Fast access to capital: BlueVine provides quick financing options for businesses.
- Flexible repayment terms: BlueVine offers flexible repayment options to suit business needs.
Cons
- Fees for services: While competitive, BlueVine charges fees for its financing services.
- Credit requirements: Businesses must meet certain credit criteria to qualify for financing.
Features
- Lines of credit up to $250,000
- Invoice factoring services
- Online account management
Mercury
Overview
Mercury is a digital bank that offers business banking services, including checking and savings accounts, designed for startups and small businesses.
Pros
- User-friendly interface: Mercury's platform is designed for ease of use.
- Competitive interest rates: Mercury offers competitive rates on business savings accounts.
Cons
- Limited international support: Mercury's services are primarily focused on the US market.
- No credit products: Mercury does not currently offer credit products like loans or lines of credit.
Features
- Business checking and savings accounts
- Real-time account tracking
- Integration with accounting software
Best Digital Banks for Crypto Integration
With the growing interest in cryptocurrency, top-rated digital banks are now offering crypto integration to cater to the evolving needs of their customers. This integration allows users to manage their traditional finances alongside their cryptocurrency investments within a single platform, enhancing convenience and streamlining financial management.
Revolut
Overview
Revolut is a leading digital bank that has embraced cryptocurrency, allowing users to buy, sell, and hold various cryptocurrencies within their accounts. Revolut has become a popular choice among crypto enthusiasts due to its user-friendly interface and competitive exchange rates.
Pros
- Supports a wide range of cryptocurrencies
- Real-time exchange rates
- Easy to use interface
Cons
- Fees can be high for certain transactions
- Limited customer support for crypto-related issues
Features
Revolut offers features such as price alerts and the ability to exchange cryptocurrencies. As one user noted,
"Revolut has made it incredibly easy for me to manage my crypto portfolio alongside my traditional finances."
Current
Overview
Current is another digital bank that has integrated cryptocurrency services into its platform. It focuses on providing a seamless mobile experience for users to engage with cryptocurrencies.
Pros
- User-friendly mobile app
- Competitive pricing for crypto transactions
- Robust security measures
Cons
- Limited cryptocurrency options compared to some competitors
- Some users have reported issues with customer support
Features
Current offers features like crypto buying and selling, with a focus on simplicity and ease of use. The bank's emphasis on security and user experience makes it an attractive option for those new to cryptocurrency.
Top Digital Banks for Students and Young Adults
In the modern financial landscape, digital banks are emerging as preferred choices among students and young adults due to their user-friendly interfaces and tailored services.
These digital banks offer a range of features that cater to the unique needs of young adults, from fee-free accounts to innovative budgeting tools.
Step
Overview
Step is a digital banking platform designed specifically for teenagers, offering a mobile banking app that allows teens to manage their finances independently while providing parents with controls and insights.
Pros
- Fee-free banking: Step offers banking services without any fees, making it an attractive option for students.
- Parental controls: Parents can monitor and control their child's spending, providing a layer of security and guidance.
Cons
- Limited services: As a relatively new platform, Step's services are still evolving and may not be as comprehensive as traditional banks.
Features
Step offers a range of features including a debit card, mobile banking app, and real-time spending updates.
Greenlight
Overview
Greenlight is another digital banking solution tailored for families, offering a mobile app that enables parents to manage their children's finances effectively.
Pros
- Customizable controls: Parents can set spending limits, freeze cards, and monitor transactions in real-time.
- Educational resources: Greenlight provides resources to help children learn about money management.
Cons
- Monthly subscription fee: Greenlight charges a monthly fee, which may be a deterrent for some families.
Features
| Feature | Description |
|---|---|
| Debit Card | Customizable with parental controls |
| Mobile App | User-friendly interface for both parents and children |
| Real-time Alerts | Parents receive notifications for transactions and other account activities |
Security Features of Leading Digital Banks
In the world of digital banking, security features are no longer a luxury but a necessity for protecting customer data. As customers increasingly rely on digital banks for their financial needs, the importance of robust security measures cannot be overstated.
Leading digital banks have implemented a range of advanced security features to ensure the safety and integrity of their customers' information. These features not only protect against unauthorized access but also provide customers with peace of mind when conducting financial transactions online.
Encryption and Data Protection
Encryption is a critical component of digital bank security, converting sensitive data into an unreadable format that can only be deciphered with the right decryption key. Top digital-only banks employ advanced encryption protocols to safeguard customer information both in transit and at rest.
Two-Factor Authentication
Two-factor authentication (2FA) adds an extra layer of security to the login process, requiring customers to provide a second form of verification in addition to their password. This could be a code sent via SMS, a biometric scan, or an authentication app.
Fraud Protection Policies
Leading digital banks also implement comprehensive fraud protection policies to monitor and respond to suspicious activity. These policies often include zero-liability protection, ensuring customers are not held responsible for unauthorized transactions.
The following table summarizes the key security features of some top digital banks:
| Digital Bank | Encryption | Two-Factor Authentication | Fraud Protection |
|---|---|---|---|
| Ally Bank | Advanced Encryption | Yes | Zero-Liability Protection |
| Chime | Industry-Standard Encryption | Yes | Fraud Monitoring |
| Capital One 360 | Robust Encryption | Yes | No Liability for Unauthorized Transactions |
How to Maximize Profits with Digital Banking
The best internet banks in America offer a range of tools and features designed to help you grow your savings and maximize profits. By understanding how to leverage these offerings, you can significantly enhance your financial management and increase your earnings.
Digital banking has revolutionized the way we manage our finances, providing numerous opportunities to optimize our savings and investments. To maximize profits, it's crucial to take full advantage of the features and services offered by top digital banks.
Leveraging High-Yield Accounts
One of the most effective ways to maximize profits with digital banking is by leveraging high-yield accounts. These accounts offer higher interest rates compared to traditional savings accounts, allowing your money to grow faster over time.
- High-Yield Savings Accounts: Many digital banks offer high-yield savings accounts with competitive interest rates and low or no fees.
- Certificates of Deposit (CDs): CDs provide a fixed interest rate for a specified term, often resulting in higher returns for those who can keep their money locked in the CD for the designated period.
When selecting a high-yield account, consider factors such as interest rates, compounding frequency, and any associated fees to ensure you're getting the best possible return on your savings.
Taking Advantage of Cash Back and Rewards
Many digital banks offer cash back and rewards programs that can significantly boost your earnings. These programs can provide a percentage of your purchases back as cash or reward you with points redeemable for various benefits.
To maximize your rewards, look for digital banks that offer:
- Competitive Cash Back Rates: Some digital banks offer higher cash back rates on certain categories of purchases.
- Rewards Programs: Programs that allow you to earn points or miles for every dollar spent, which can be redeemed for travel, merchandise, or statement credits.
By choosing a digital bank with a robust rewards program, you can earn valuable rewards on your everyday purchases.
Minimizing Fees and Maximizing Interest
To truly maximize profits with digital banking, it's essential to minimize fees and maximize interest earnings. This involves selecting accounts with low or no fees and optimizing your account management to earn the highest possible interest.
- Fee-Free Accounts: Many digital banks offer fee-free checking and savings accounts, helping you save money that would otherwise be spent on monthly maintenance fees.
- Interest Optimization: By maintaining minimum balance requirements and understanding the interest calculation methods used by your digital bank, you can maximize your interest earnings.
By following these strategies, you can make the most of your digital banking experience and enjoy higher profits over time.
The Future of Digital Banking: Trends for 2025 and Beyond
Digital banking is on the cusp of a revolution, with emerging trends set to enhance user experience and security in the coming years. As technology continues to evolve, top online banking services are expected to integrate innovative solutions to stay ahead of the curve.
"The future of banking is not just about technology; it's about using that technology to improve people's lives," as noted by industry experts. This perspective underscores the importance of understanding the trends that will shape digital banking.
AI-Powered Financial Management
Artificial intelligence (AI) is set to play a pivotal role in financial management within digital banking. AI-powered tools will offer personalized financial advice, help with budgeting, and even predict future financial trends based on user data. This level of personalization will make managing finances easier and more intuitive.
Enhanced Personalization
Enhanced personalization is another trend expected to gain traction. Digital banks will leverage data analytics to offer tailored financial products and services that meet the specific needs of their customers. This could include customized savings plans or investment advice based on individual financial goals.
Blockchain Integration
Blockchain technology is anticipated to be more widely adopted in digital banking, enhancing security and transparency. By integrating blockchain, digital banks can provide secure and immutable transaction records, reducing the risk of fraud and increasing trust among users.
As these trends continue to emerge, the digital banking landscape will become more sophisticated, offering users a more secure, personalized, and efficient banking experience.
Common Concerns About Digital Banks Addressed
As digital banking continues to grow in popularity, many consumers still have concerns about using online banks. One of the primary worries is security. Digital banks like Ally Bank and Capital One 360 have robust security measures in place, including encryption and two-factor authentication, to protect customer data.
Another concern is the lack of physical branches. However, many digital banks offer excellent customer support through mobile apps and online chat. For instance, Chime provides 24/7 customer support through its app, ensuring that customers can get help whenever they need it.
Fees are also a common concern. Many digital banks offer low or no fees, making them an attractive option for consumers. For example, SoFi and Axos Bank offer no-fee banking options, which can help customers save money.
By understanding and addressing these concerns, consumers can feel more confident in their decision to switch to a digital bank. With their many benefits, including convenience, high-yield savings, and low fees, digital banks are an attractive option for those looking to manage their finances more effectively.
FAQ
What are the benefits of using a digital bank over a traditional bank?
Digital banks offer several benefits, including higher interest rates on deposits, lower fees, and the convenience of managing your accounts online or through a mobile app. They also often provide real-time transaction updates and advanced security features.
Are digital banks safe to use?
Yes, most digital banks are safe to use. They employ robust security measures such as encryption, two-factor authentication, and fraud protection policies to safeguard your accounts and personal data.
Can I open a digital bank account if I have a poor credit history?
Many digital banks offer accounts with minimal or no credit checks, making it possible to open an account even with a poor credit history. However, some services or features might be restricted based on your credit score.
How do I choose the best digital bank for my needs?
To choose the best digital bank, consider factors such as the types of accounts offered, fee structures, interest rates, mobile app quality, customer service, and any additional features that are important to you, such as budgeting tools or crypto integration.
What is a high-yield savings account, and which digital banks offer them?
A high-yield savings account is a type of savings account that earns a higher interest rate compared to a traditional savings account. Digital banks like Marcus by Goldman Sachs, Discover Bank, and American Express National Bank offer competitive high-yield savings accounts.
Can I get a debit card or credit card with a digital bank?
Many digital banks offer debit cards, and some also offer credit cards or other financial products. The availability of these products varies by bank, so it's best to check with the specific digital bank you're interested in.
How do digital banks handle customer support?
Digital banks typically offer customer support through various channels, including phone, email, and in-app messaging. Some may also have physical branches or partner ATMs for additional convenience.
Are there any fees associated with using a digital bank?
While many digital banks offer no-fee or low-fee accounts, some may charge fees for specific services, such as overdrafts, wire transfers, or ATM usage outside their network. It's essential to review the fee structure before opening an account.
Can I link my existing bank account to a digital bank?
Yes, most digital banks allow you to link your existing bank account to facilitate transfers and deposits. This can be done through the digital bank's website or mobile app.
What are the top digital banks for small business owners?
Top digital banks for small business owners include Novo, BlueVine, and Mercury, which offer a range of services tailored to the needs of small businesses, such as cash management, invoicing, and financing options.