Best Checking Accounts & Rates in Minnesota - July 2026
Brian McKay
Brian McKay
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The best checking rates for Minnesota include Genisys Credit UnionGenisys Credit Union3300 Central Park Village Dr, Eagan, MN 55121 7707A+5.0 ★Texas Ratio: 4.68% Genius High Yield Checking at 6.75% APY, PSB of PlainviewPSB of Plainview100 4th Ave Se, Plainview, MN 55964A+5.0 ★Texas Ratio: 4.73% Kasasa Cash Checking at 5.00% APY, Ideal Credit UnionIdeal Credit Union8499 Tamarack Rd, Woodbury, MN 55125 9201A+5.0 ★Texas Ratio: 5.03% High Yield Checking at 5.00% APY, Highland BankHighland Bank2100 Ford Pkwy, Saint Paul, MN 55116A+5.0 ★Texas Ratio: 1.01% at 5.00% APY, and Harvest BankHarvest Bank222 Atlantic Ave, Atwater, MN 56209A5.0 ★Texas Ratio: 13.27% Kasasa Cash Checking at 5.00% APY. Checking account rates as of July 25, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare checking account rates across Minnesota side-by-side. Minnesota checking rates currently reach as high as 6.75% APY from Genisys Credit Union at 3300 Central Park Village Dr, Eagan, MN, 55121 7707. Rates are continually updated — we recommend checking back frequently.
Checking account rates reflect recent market quotes and representative offers available to depositors in Minnesota. Checking Account Rates Last Updated and Verified: July 25, 2026
Compare Checking Account Rates Today in Minnesota
Minnesota Checking Account Rates
Eagan, MN 55121 7707
Qualifications Required: eStatements enrollment; Genisys Debit Mastercard� at least ten times per month for purchases of $5.00 or more, excluding ATMs; Balances above $7,500 earn .05% APY.
Plainview, MN 55964
No additional details provided.
Woodbury, MN 55125 9201
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying balance up to $20,000.00
Plainview, MN 55964
No additional details provided.
Saint Paul, MN 55116
Qualifying balance up to $10,000.00; Monthly
Atwater, MN 56209
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying balance up to $15,000.00
Duluth, MN 55802
No additional details provided.
Brooklyn Center, MN 55430
No additional details provided.
Plymouth, MN 55447
Qualifications Required: when requirements are met; $.01-$20,000.00
Underwood, MN 56586
No additional details provided.
Litchfield, MN 55355
Qualifications Required; Qualifying balance up to $15,000.00
Lake Crystal, MN 56055
Qualifications Required: Make fifteen (15) debit card transactions; Receive one (1) direct deposit or make one (1) automatic payment; Earn up to 3.09% annual percentage yield on balances between $0.01 and $15,000. Balances over $15,000 will earn an interest rate on the portion of the balance over $15,000, resulting in a range of 3.09% to 0.23% APY depending on the balance. Fees may reduce the earnings on the account.
Raymond, MN 56282
Qualifications Required: Qualifications Required; Qualifying balance up to $100,000.00
Apple Valley, MN 55124
Balance range: $0.00 - $19,999.99
Lake City, MN 55041
Qualifications Required; Intro rate expires: 12 months
Saint Louis Park, MN 55416
No additional details provided.
Faribault, MN 55021
If requirements are not met. No monthly balance fee if $3000.00 in Savings, CD or IRA
Faribault, MN 55021
If requirements are not met. No monthly balance fee if $3000.00 in Savings, CD or IRA
Elko New Market, MN 55054
No additional details provided.
Sleepy Eye, MN 56085 4380
Qualifications Required: eStatements, Direct Deposit of $500 or more monthly, & 25 or more debit card purchases; Variable rates. Rate may change after the account is open. Fees may reduce earnings on the account. Requires eStatements, Direct Deposit of $500 or more monthly, & 25 or more debit card purchases.
Minnesota High Yield Checking Rates
Eagan, MN 55121 7707
Qualifications Required: eStatements enrollment; Genisys Debit Mastercard� at least ten times per month for purchases of $5.00 or more, excluding ATMs; Balances above $7,500 earn .05% APY.
Plainview, MN 55964
No additional details provided.
Saint Paul, MN 55116
Qualifying balance up to $10,000.00; Monthly
Woodbury, MN 55125 9201
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying balance up to $20,000.00
Atwater, MN 56209
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying balance up to $15,000.00
Duluth, MN 55802
No additional details provided.
Brooklyn Center, MN 55430
No additional details provided.
Underwood, MN 56586
No additional details provided.
Plymouth, MN 55447
Qualifications Required: when requirements are met; $.01-$20,000.00
Litchfield, MN 55355
Qualifications Required; Qualifying balance up to $15,000.00
Lake Crystal, MN 56055
Qualifications Required: Make fifteen (15) debit card transactions; Receive one (1) direct deposit or make one (1) automatic payment; Earn up to 3.09% annual percentage yield on balances between $0.01 and $15,000. Balances over $15,000 will earn an interest rate on the portion of the balance over $15,000, resulting in a range of 3.09% to 0.23% APY depending on the balance. Fees may reduce the earnings on the account.
Apple Valley, MN 55124
Balance range: $0.00 - $19,999.99
Raymond, MN 56282
Qualifications Required: Qualifications Required; Qualifying balance up to $100,000.00
Lake City, MN 55041
Qualifications Required; Intro rate expires: 12 months
Saint Louis Park, MN 55416
No additional details provided.
Faribault, MN 55021
If requirements are not met. No monthly balance fee if $3000.00 in Savings, CD or IRA
Faribault, MN 55021
If requirements are not met. No monthly balance fee if $3000.00 in Savings, CD or IRA
Elko New Market, MN 55054
No additional details provided.
Sleepy Eye, MN 56085 4380
Qualifications Required: eStatements, Direct Deposit of $500 or more monthly, & 25 or more debit card purchases; Variable rates. Rate may change after the account is open. Fees may reduce earnings on the account. Requires eStatements, Direct Deposit of $500 or more monthly, & 25 or more debit card purchases.
East Grand Forks, MN 56721
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login
Minnesota Rewards Checking Rates
Plainview, MN 55964
No additional details provided.
Saint Paul, MN 55116
Qualifying balance up to $10,000.00; Monthly
Atwater, MN 56209
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying balance up to $15,000.00
Litchfield, MN 55355
Qualifications Required; Qualifying balance up to $15,000.00
Lake Crystal, MN 56055
Qualifications Required: Make fifteen (15) debit card transactions; Receive one (1) direct deposit or make one (1) automatic payment; Earn up to 3.09% annual percentage yield on balances between $0.01 and $15,000. Balances over $15,000 will earn an interest rate on the portion of the balance over $15,000, resulting in a range of 3.09% to 0.23% APY depending on the balance. Fees may reduce the earnings on the account.
Elko New Market, MN 55054
No additional details provided.
East Grand Forks, MN 56721
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login
Jackson, MN 56143
Qualifications Required: 14 Mastercard debit purchases each statement cycle; Use one ACH auto debit or direct deposit; Receive online statements; Qualifying balance up to $20,000.00; If qualifications are not met, all balances earn 0.01% APY.
Jackson, MN 56143
Qualifications Required: 14 Mastercard debit purchases each statement cycle; Use one ACH auto debit or direct deposit; Receive online statements; Balances over $20,000 earn 1.00% interest rate on the portion of the balance over $20,000.
Atwater, MN 56209
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying balance up to $15,000.00
Moose Lake, MN 55767
No additional details provided.
Mankato, MN 56001
Rate applies if monthly qualifications are not met.
Faribault, MN 55021
No additional details provided.
Litchfield, MN 55355
Qualifying balance up to $15,000.00
Faribault, MN 55021
No additional details provided.
Cloquet, MN 55720
If 1-4 qualifying criteria are met.
Baxter, MN 56425 8554
Qualifications Required: Qualifications Required; 1 ACH Debit or Credit, 12 Debit Card purchases, and receipt of electronic statements.; On qualified accounts (dividends calculated daily/paid (compounded) monthly) Rates as high as
Elko New Market, MN 55054
No additional details provided.
Faribault, MN 55021
No additional details provided.
Faribault, MN 55021
No additional details provided.
Minnesota Free Checking Rates
MINNEAPOLIS, MN 55411
The average balance to earn dividends for the month is $1000.
Apple Valley, MN 55124
No additional details provided.
Maplewood, MN 55109
No additional details provided.
Fulda, MN 56131
All checking accounts require ownership of at least one $5.00 share in the credit union to open the account.
South St Paul, MN 55075
No additional details provided.
Saint Paul, MN 55106 5845
No additional details provided.
Cloquet, MN 55720
No additional details provided.
Maplewood, MN 55109
No additional details provided.
Eagan, MN 55121 7707
Annual Percentage Yield designated as APY.
Minnesota Student Checking Rates
Brooklyn Center, MN 55430
No additional details provided.
Oakdale, MN 55128 7151
Qualifying balance up to $5,000.00
Plymouth, MN 55447
No additional details provided.
Minnesota Business Checking Rates
Plainview, MN 55964
No additional details provided.
Saint Louis Park, MN 55416
Balance range: $0.01 - $499.99
Atwater, MN 56209
No additional details provided.
Madison Lake, MN 56063
No additional details provided.
Baxter, MN 56425 8554
Federally insured by NCUA, Certain restrictions apply. Click Learn More for additional information and details.
Atwater, MN 56209
No additional details provided.
Madison Lake, MN 56063
No additional details provided.
Atwater, MN 56209
No additional details provided.
Hinckley, MN 55037
Interest checking is a variable rate account and the rate may change after the account is opened. $7.00 monthly service charge applies.
Madison Lake, MN 56063
No additional details provided.
Winger, MN 56592
No additional details provided.
Plainview, MN 55964
No additional details provided.
Hinckley, MN 55037
Interest checking is a variable rate account and the rate may change after the account is opened.
Winger, MN 56592
No additional details provided.
Atwater, MN 56209
No additional details provided.
Plymouth, MN 55447
No additional details provided.
Winger, MN 56592
No additional details provided.
Hinckley, MN 55037
Interest checking is a variable rate account and the rate may change after the account is opened. $7.00 monthly service charge applies.
Plainview, MN 55964
No additional details provided.
Plymouth, MN 55447
No additional details provided.
Minnesota Checking Rate Trends
Compare local Minnesota checking rate quotes against the statewide average
Daily checking rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Minnesota high-yield checking rates rose 0.026 points over the past 7 days to 1.409% APY.
Minnesota free checking rates rose 0.029 points over the past 7 days to 0.720% APY.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Minnesota checking rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Checking Rate Data: We aggregate checking account rates for Minnesota directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing this data from the institutions’ own digital properties and manually verifying the yields daily, we ensure that every checking rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Minnesota. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized checking rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield checking accounts available to account holders in MN.
Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update checking rates daily. Because checking account yields can fluctuate based on market conditions, every single checking product listed on our platform features its own specific “last updated” date.
Frequently Asked Questions
Do checking accounts in Minnesota earn interest?
Are banks in Minnesota FDIC insured?
What fees should I watch out for?
What is a Rewards Checking account?
Best Checking Rates in Minnesota
- Genisys Credit Union
Genius High Yield Checking — 6.75% APY - PSB of Plainview
Kasasa Cash Checking — 5.00% APY - Ideal Credit Union
High Yield Checking — 5.00% APY - Highland Bank
— 5.00% APY - Harvest Bank
Kasasa Cash Checking — 5.00% APY
Checking Account Rates by City in Minnesota
