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First Internet Bank of Indiana is an online bank that’s available nationwide.
First Internet Bank of Indiana; Insider
The bottom line: You may like First Internet Bank of Indiana Free Checking Account if you are comfortable with an online-only banking experience. It’s a great option for earning high interest rates on CDs, but you might want to look elsewhere if you’re searching for the highest savings rate.
Compare top savings rates
Overall bank review
Feature
Insider rating (out of 5)
Savings
4.25
Checking
4.5
CD
4
Money market account
4.25
Trustworthiness
5
Total
4.5
Pros and cons
Pros
Cons
Pays high interest rates
Free checking and savings account options
Refunds up to $10/month in ATM fees for several accounts
Free overdraft protection
No physical branches
Compounds interest monthly, not daily
You may earn a higher savings interest rate elsewhere
First Internet Bank of Indiana Free Savings Account
The First Internet Bank of Indiana Free Savings Account doesn’t charge a monthly fee, and it pays a solid interest rate compared to brick-and-mortar banks. You will still earn a better rate with other online high-yield savings accounts, though.
First Internet Bank of Indiana Free Checking Account
The First Internet Bank of Indiana Free Checking Account is a good option for a checking account with no monthly fees. You also may like the First Internet Bank of Indiana Free Checking Account, which pays interest and refunds up to $10 per month in ATM fees. Just know that you’ll need to keep $500 in your account to waive the $10 monthly fee.
First Internet Bank of Indiana Certificate of Deposit
First Internet Bank of Indiana pays high interest rates on First Internet Bank of Indiana Certificate of Deposit. They have made several of our best-of lists, including the best 6-month CD rates.
First Internet Bank of Indiana Money Market Account
You may like the First Internet Bank of Indiana Money Market Account if you can maintain a $4,000 balance, because then you’ll waive the $5 monthly fee. It pays a higher interest rate than a regular savings account.
How First Internet Bank of Indiana works
First Internet Bank of Indiana Free Checking Account is an online bank with no physical branches. You have free access to Plus Alliance ATMs around the US, and the bank …read more
Source:: Business Insider
