Top rewards checking accounts for January 2025 offer cash back and high interest rates

In January 2025, several banks and credit unions are offering competitive rewards checking accounts. These accounts provide cash-back rewards, bonuses, or high interest rates, with many having no monthly service fees. Top picks include SoFi Checking and Savings, which offers up to 4.00% APY and a bonus of up to $300 for qualifying direct deposits. The Discover Cashback Debit Account allows users to earn 1% cash back on eligible purchases, while Consumers Credit Union offers up to 5.00% APY on balances up to $10,000. These accounts are accessible across the U.S. and cater to various banking preferences, including online and brick-and-mortar options. Most accounts require meeting specific criteria to earn rewards, such as maintaining a minimum balance or making a certain number of transactions.