Average ATM surcharge for non-customers

Traditional banks: $1.49

Internet banks: $1.35

Average fee customers are charged for using another institution's ATM

Traditional banks: $1.45

Internet banks: $1.28*
*Only 5 of the 28 Internet banks in our survey charge their customers for using another institution's ATM. The average fee for those five banks is $1.28.

Average bounced check fee (NSF)

Traditional banks: $25.82

Internet banks: $25.98

Percentage of free checking accounts

Traditional banks: 11%

Internet banks: 19%

Noninterest checking accounts

Average minimum to open

Traditional banks: $88.42

Internet banks: $132.14

Average minimum to avoid fees

Traditional banks: $409.79

Internet banks: $200.00

Average monthly service fee

Traditional banks: $6.18

Internet banks: $4.18

Interest-paying checking accounts

Average minimum to open

Traditional banks: $832.09

Internet banks: $1,011.25

Average minimum to avoid fees

Traditional banks: $2,964.10

Internet banks: $1,291.25

Average monthly service fee

Traditional banks: $10.73

Internet banks: $8.11

Average yield

Traditional banks: 0.47%

Internet banks: 1.09%