Traditional banks love to charge fees, while offering miniscule interest rates and terrible customer service. T-Mobile MONEY is a clever way to attract 81 million T-Mobile customers with a 4% interest rate on balances up to $3,000, compared to a 0.06% industry average. More importantly, signing up takes less than 10 minutes, if you’re a T-Mobile customer and your debit card shows up in days, both records for the slow-as-molasses banking industry. Both the website and mobile app experience are unparalleled too. Glad someone is giving the banks a run for their money.
Features: 4% interest; no account fees; 55,000 no-fee ATMs.