Yes, you do get ATM refunds with some of the checking accounts and lower out-of-network fees compared to competitors, but there is little to no yield here. As a result, you might want to take a look at our list of the best online checking accounts, as some offer much higher APYs, and many donâ€™t charge ATM fees either.
Thereâ€™s a good reason Northfield Bank is on our list of the best online savings accounts â€” their Platinum Savings APY is one of the highest weâ€™ve seen. The Platinum Savings account can be opened online, making it convenient for anyone in the U.S. That, plus the low minimum opening deposit, makes this a great account.
Northfield Bankâ€™s CD rates fall slightly short of its competitors, but not by that much. The fact that you can open certain CD accounts online and the relatively low opening minimum deposit do make this option pretty attractive.
If you want to explore other choices, check out our list of the best CD rates.
With high opening deposit and balance minimums, neither of these money market accounts seem worth the trouble. Youâ€™re not getting good rates, and other online rivals advertise much higher ones. Your best bet is to do some comparison shopping, with our list of the best money market rates and accounts as a good place to start.
These rates fall slightly short of the ones on our list of the best IRA CD rates. The advantage to the Northfield Bank IRA CD account is its lower minimum opening deposit. However, if you have a relatively large amount of money to open an account, you may be better off looking elsewhere.