7 Ways Your Checking Account Can Earn You Extra Money in 2025

In an era where traditional savings accounts offer paltry returns, checking accounts are evolving into powerful tools for passive income. From high-yield APYs to cashback rewards, the right checking account can turn routine spending into a profit center. Let’s explore seven standout options for 2025, each with unique strategies to maximize your earnings.

1. SoFi Checking and Savings: Early Access to Direct Deposits and a Generous Bonus

SoFi’s checking account stands out with its 0.50% APY and a sign-up bonus of up to $300 for new customers who direct deposit $5,000 within 25 days. The kicker? You can access direct deposits up to two days early—a feature that can help bridge gaps between paychecks. Pair this with its 3.80% savings APY (with direct deposit) and the absence of monthly fees, and SoFi becomes a top-tier option for those with steady income streams.

2. Discover Cashback Debit: 1% Cashback on All Purchases

Discover’s offering rewards debit card spenders with 1% cashback on up to $3,000 in monthly purchases, capping at $360 annually. With access to 60,000+ fee-free ATMs, this account is ideal for frequent spenders. While the cashback rate isn’t the highest, its lack of monthly fees and overdraft protection make it a low-risk choice.

3. Axos Bank Rewards Checking: Tiered APYs Up to 3.30%

Axos offers a tiered system where balances under $50,000 earn up to 3.30% APY, provided you meet requirements like $1,500/month in direct deposits and 10 debit transactions. This account is a goldmine for those who can consistently hit these thresholds, especially if you’re building an emergency fund.

4. nbkc Everything Account: No Strings Attached at 1.75% APY

For simplicity seekers, nbkc’s 1.75% APY requires zero direct deposits or minimum balances. Plus, it reimburses $12/month in out-of-network ATM fees—a rare perk. While the rate isn’t the highest, its no-strings approach makes it a safe bet for passive income.

5. TAB Spend: 3.50% APY with 1% Cashback

TAB Spend combines a 3.50% APY (the highest among non-reward tier accounts) with 1% cashback on all debit purchases. With no minimum balance required, this account is a no-brainer for anyone looking to maximize interest without complex requirements.

Note: Banks like nbkc (NKBC) and SoFi (SOFI) have shown stable stock performance, reflecting their financial health and reliability for high-interest accounts.

6. Consumers Credit Union: 5% APY on the First $10,000

Credit union members get an aggressive 5% APY on the first $10,000 if they meet criteria like 12 debit transactions/month and $1,000/month in direct deposits. This is a game-changer for those who can meet the requirements, though the need to join a cooperative ($5 fee) adds a small hurdle.

7. ZYNLO Bank More Spending Account: Early Access and 2.00% APY

ZYNLO offers 2.00% APY with early direct deposit access and access to 55,000+ fee-free ATMs. While its rate isn’t the highest, its ease of use and fee-free structure make it a solid all-rounder.

Conclusion: Choose the Right Account for Your Financial Habits

In 2025, the best checking accounts are those that align with your spending and deposit patterns. If you have consistent direct deposits, Axos or Consumers Credit Union offer tiered rewards. For passive savers, TAB Spend’s 3.50% APY is unbeatable. Meanwhile, cashback seekers might prefer Discover or TAB Spend’s 1% rewards.

But remember: APYs are variable, and bonus offers (like SoFi’s $300) have expiration dates. Always verify current rates and requirements. With these seven options, turning your checking account into a profit center isn’t just possible—it’s practical.

Final tip: Pair your high-interest checking with a high-yield savings account (e.g., SoFi’s 3.80% tier) to amplify earnings further. Your wallet will thank you.