Best high-yield checking accounts of July 2026: Earn up to 5.00% APY

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. Checking accounts are designed to be easily accessible, but unlike savings accounts, most don't accrue interest. CNBC Select found the best interest-bearing checking accounts, with an eye toward yields, minimum deposits and balance requirements, monthly fees, sign-up bonuses and more. To see how we made our choices, check out our methodology . Best high-yield checking accounts Best for high APY: All America Bank Ultimate Rewards Checking Who's this for? The All America Bank Ultimate Rewards Checking is for you if you want to maximize the return you earn on the cash sitting in your checking account. Standout benefits: This account offers one of the highest checking returns we found. Account holders can earn up to 3.95% APY on up to $15,000 (after, 0.50% APY) by making at least 10 debit card purchases monthly and receiving bank statements electronically. Those who don't earn 0.25% APY. All America Bank® is a Member FDIC. …