The 7 best joint bank accounts of June 2026

A joint bank account is useful if you're combining finances, whether that means saving for a mutual goal, paying shared bills, teaching your children money management skills or starting a business with a friend.

CNBC Select has analyzed dozens of joint checking and savings accounts to find the best options in a variety of categories, comparing fees, rates, rewards and other features. (You can read more about how we made our selections in our methodology.)

Who's this for? If you're looking to share a checking and savings account, SoFi Checking and Savings offers the best of both worlds. Both of your accounts earn interest, and there's no limits on transfers between the two.

Standout benefits: SoFi Checking and Savings has no account, overdraft or monthly fees, as well as no minimum balance requirements. Account holders have free access to over 55,000 ATMs nationwide and can get paychecks up to two days early with eligible direct deposit. Each debit card transaction is rounded up to the next whole dollar, with the difference transferred to one of your chosen "Vaults," where it slowly but surely boosts your savings.

Who's this for? LendingClub LevelUp Savings offers outstanding returns on its high-yield savings account, with no monthly maintenance fee or minimum balance requirement.

Standout benefits: LendingClub offers free ATM cards and doesn't charge ATM fees, making it easy to withdraw or deposit cash.

Who's this for? With over 330 branches (including 50 cafe-style locations), Capital One 360 Checking is a best bet for couples who like the personalized attention of a brick-and-mortar bank. Capital One doesn't charge maintenance or overdraft fees and doesn't require a minimum balance, earning it a spot on CNBC Select's list of the best banks for free checking.

Standout benefits: Account holders get fee-free access to over 70,000 ATMs and a highly-rated mobile app. Capital One 360 accounts that meet account requirements are eligible for no-fee overdraft protection..

Who's this for? Alliant Credit Union High-Rate Checking is a great choice if you like the high rates associated with a credit union. Membership is available to anyone who joins its partner charity, Foster Care to Success, and Alliant will reimburse your $5 donation when you apply. (For a joint account, all co-owners must be all Alliant members or their access is limited.)

Standout benefits: Alliant's High-Rate Checking currently offers a 0.25% APY if you go paperless and set up a recurring monthly electronic deposit. There are no monthly fees or minimum balance requirements and you'll get access to over 80,000 in-network ATMs and up to $20 per month in refunds for out-of-network ATM fees. If you have insufficient funds, you can set up automatic transfers from another account or sign up for Alliant's Courtesy Pay feature.

Who's this for? The Capital One Kids Savings account is a good option for parents looking to co-manage savings with their children so they can begin to save money and learn healthy financial habits.

Standout benefits: With Capital One Kids Savings, you can link your bank account and set up a schedule for allowance and regular deposits. You can also create multiple accounts — one for each of your children. Kids check their balances online and make mobile deposits by uploading a picture of a check in the Capital One app. Alternatively, they can mail the check. Capital One Kids Savings doesn't charge any maintenance fees and there's no minimum balance to open and maintain the account.

Who's this for? The Axos ONE® account earns up to 4.21% APY on savings and 0.51% APY on checking, which most banks don't offer.

Standout benefits: There are no maintenance, minimum balance or overdraft fees. To earn the top savings rate, you'll need at least $1,500 in monthly direct deposits and an average daily balance above $1,500.

Who's this for? If you frequently need cash, Chase Total Checking provides access to over 4,700 Chase branches and 15,000 ATMs. 

Standout benefits: Chase is the only bank with locations in every state in the continental U.S. New customers can earn a $300 bonus when opening a Chase Total Checking account. The $12 monthly fee can be waived by meeting certain account requirements, such as maintaining a $1,500 daily balance or making $500 or more in qualifying electronic deposits each month. 

A joint bank account is shared by two or more people who have equal ownership, access to funds and responsibility for fees, overdrafts and other account activity.

Married couples, parents with children and business partners often open joint accounts because of the convenience and transparency they offer. But all parties are responsible for account activity, and their credit scores could all be impacted by any mistakes.

You can open a joint bank account online, over the phone or in person at a branch. You'll need personal information for each account holder, including their name, date of birth and Social Security number.

If you're applying in person, each applicant must be present. 

Typically, you can add an additional owner to an existing account. In some cases you can add them online, but some banks and credit unions require an in-person visit.

Choosing a joint bank account is much the same as choosing an individual account. Look for no (or low) fees or minimum balance requirements, a good interest rate, debit cards for each account holder and perks like cash back or a welcome bonus.

Other considerations include an easy-to-use mobile app, bill-pay feature, no-fee ATM access and overdraft protection.

You should also think about whether you want access to in-person branches or prefer the simplicity of an online bank. If you select the former, all parties named in the account may have to be present to open or close it.

Having a joint checking or savings account allows a couple to manage shared financial commitments with increased transparency. At the same time, pooling your money requires a great deal of trust and communication. 

Any negative activity on the account can affect all holders' credit and, if one account holder has unpaid debts, creditors may go after the money in the joint account.

Conflict may arise if one partner isn't contributing enough or makes unannounced purchases. If the relationship or business partnership ends less than amiably, dividing up the funds in the account can be difficult.

Experts often recommend a hybrid approach, with each joint account holder also maintaining separate individual accounts for personal spending.

At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed financial decisions. Every banking list is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of banking products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics. See our methodology for more information on how we choose the best joint bank accounts.

To determine which checking and savings accounts are the best for joint ownership, CNBC Select analyzed dozens of U.S. bank accounts offered by online and brick-and-mortar banks, including large credit unions. We narrowed our ranking to only accounts that earn interest or rewards.

We also favored those accounts with zero monthly maintenance fees (or a simple way to waive them), no overdraft fees and low minimum balance and minimum deposit requirements.

All of the accounts included on this list are FDIC- or NCUA-insured up to $250,000. Note that the rates and fee structures for checking and savings accounts are not guaranteed forever; they are subject to change without notice and they often fluctuate in accordance with the Fed rate. Your earnings depend on any associated fees and the balance you have in your account. To open an account, most banks and institutions require a deposit of new money, meaning you can't transfer the money you already had in an account at that bank.

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* New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/26. See full bonus and annual percentage yield (APY) terms at sofi.com/banking/checking-offer/ *SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn up to 3.10% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.10% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 5/28/26. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. *SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC's regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks. *Earn up to 3.80% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.10% APY) for up to 6 months. Open a new SoFi Checking & Savings account with Eligible Direct Deposit by 12/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC *Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 5/28/26. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet