If you are looking for the Best Free Banking App For Android to download for free, look no further.
Our expert panel of reviewers has tested dozens of apps and we have compiled a list of the 3 Best Free Banking App For Android that passed our tests.
Check out our list of the 3 Best Free Banking App For Android, tried and tested by our expert reviewers.
3 Best Free Banking App For Android
1. Ally Mobile: Bank & Invest
• Deposit checks with Ally eCheck Deposit℠
• Transfer money between your Ally Bank accounts and accounts at other banks
• Pay bills, see scheduled payments and review payment history
• Check balances and search transaction history
• View and download statements and tax forms
• Use Zelle® to pay anyone with a U.S. bank account
• Find nearby ATMs
• Set up and manage your debit card preferences and control when, where, and how your card is used with Card Controls
• Manage CD interest disbursement and maturity options
• Order checks
• View and send secure messages, or chat with us using Ally Messenger
• Update your contact information
Save faster with a smarter Online Savings Account
• Use buckets to organize your money and visualize what you’re saving for
• Set up boosters to optimize and maximize your savings
• Analyze your account’s performance with insightful charts and graphs
• Cash-enhanced Robo portfolios offer hands-off investing with no advisory fees
• Market-focused options for a fee that keep more of your money invested
• Automate your investing with one of our four portfolio strategies
• Monitor your account’s performance — anytime, anywhere
• Use Goal Tracker to see how well your account’s doing
• Trade commission-free on eligible U.S. stocks and ETFs
• Filter and find exchange-traded funds that match your investment goals with the ETF screener
• Trade stocks and multi-leg options from your mobile device
• Use advanced charting tools for technical analysis
• Monitor your investments with streaming quotes
• Access today’s market news and market movers
• Check balances and search transaction history
How we prioritize your security
• We never store personal or account information on your phone
• All transactions are encrypted with the same secure technology as online banking
• The login process is the same as online banking, with security codes as an added layer of protection when you log in from a computer or device we don’t recognize
• Our Online & Mobile Security Guarantee protects you against fraudulent transactions
• Ally Mobile is free – your mobile carrier’s message and data rates may apply
• Compatible with Android 6.0 or higher
• Deposit Products offered by Ally Bank, Member FDIC
• Securities offered through Ally Invest Securities LLC, member FINRA/SIPC
• Securities are NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE
• You may not be approved for real-time quotes”
2. Current: The Future of Banking
Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group; Member FDIC.
Join over 3 million members that trust Current & sign up today.
PREMIUM + BASIC ACCOUNT BENEFITS
SAVE: Earn 4.00% APY¹ on Savings with Pods*
SKIP THE FEES: Overdraft up to $200 without overdraft fees* & get fee-free cash withdrawals from 40,000 Allpoint ATMs in the U.S.²
GET PAID: Payday comes up to 2 days faster with direct deposit.⁴*
GET REWARDED: Get up to 15x the points and cash back on swipes.⁵*
SPEND: Get a sleek black Current card⁶*, spending notifications and insights, and instant money transfers with Current Pay.⁷
ACCESS YOUR $$$: Get instant gas hold removals so your funds are available right away.*
STAY SAFE: Get privacy controls to protect your information, and block your card in the app.
GET HELP: 24/7 support & chat in the app.
*Premium accounts only
TEEN ACCOUNT BENEFITS
SAVE: Savings Pods teach teens to set savings goals.¹
SPEND: Get instant money transfers⁸ from parent to teen, spending notifications, and set automated allowance payments.
BUDGET: Explore money management tools that help teens budget money.
STAY SAFE: Parental controls let you pause the card directly in the app, set spending limits, and block merchants.
Sign up for a Basic & Teen Account for no annual fee, or upgrade to a Premium Account for just $4.99 per month. No minimum requirement to open any account. Teen accounts must be linked to a parent’s account through the app. All accounts start with a 30-day free trial.²
Start using your account right away when you activate your virtual debit card.
¹The Annual Percentage Yield (“APY”) for Current Interest is variable and may change at any time. The disclosed APY is effective as of January 1, 2022. No minimum balance required. Must have $0.01 in savings pods to earn Current Interest on up to $2000 in deposits per Savings Pod up to $6000 total. Please refer to Current Interest Terms and Conditions. https://current.com/lp/savings-with-interest
² Out-of-network and International cash withdrawal fees apply. Additional third-party fees from the ATM owner may apply. Please refer to Overdrive™ Features Terms and Conditions. Learn more at cdn.current.com/choice_account_agreement.pdf
³ 60x rate calculated using the FDIC average National Deposit Rate for savings accounts of 0.06 https://www.fdic.gov/resources/bankers/national-rates
⁴ Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.
⁵ Earning rates over 1x are only available on Current Premium accounts at participating merchants.
⁶ Banking services provided by and Visa® Debit Card issued by Choice Financial Group, Member FDIC,
pursuant to a license from Visa U.S.A. Inc and can be used everywhere Visa debit cards are accepted.
⁷ It is possible that technical issues may cause delays, but this is not to be expected.”
3. BankMobile App
Make your money work for you by taking advantage of our interest-bearing accounts.
Check your balance, view recent transactions, and transfer money.
55,000 FEE-FREE ALLPOINT® ATMS
Find the one nearest you! The location, availability, and hours of operation may vary by merchant and is subject to change.
Become the master of your financial universe. Check your cash flow and set aside money for expenses.
DEBIT CARD ON/OFF SWITCH
Temporarily turn off your card to help protect against unauthorized use in the event your card is misplaced.
MOBILE CHECK CAPTURE
Make quick deposits with your mobile device. Tap! Snap! Deposit!
Access deals & discounts, Instant Win games, and Surprise & Delights by managing your Passport dashboard.
Easily pay bills from the app.
Have a question? Get answers quickly through our interactive FAQ database.
1 Funds from payroll-related direct deposits may be made available up to two days early. Early access to payroll deposits applies to the direct deposit of funds from your employer. Employer direct deposits vary and, as a result, it is not possible to guarantee early access to your pay. Factors that will affect this include the sender’s deposit description used and the timing of their submission of deposit. In order to provide this service, we generally post such deposits on the business day we receive notice that the deposit is scheduled, which may be up to two (2) business days earlier than the payer’s scheduled payment date. In general, benefit checks (direct deposit or otherwise) from the federal or state government will not be eligible for early access based on the parameters we use. As an example, benefits that generally would not receive early access include but are not limited to unemployment, retirement, pension, civil service, railroad retirement and veteran’s payments.”