Best Checking Accounts & Rates in Minnesota - April 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best checking rates for Minnesota include Baxter Credit UnionBaxter Credit Union2 Scimed Pl, Maple Grove, MN 55311 1565A5.0 ★Texas Ratio: 7.73% PowerPlusTM Checking Level 2 at 8.00% APY, Falcon National BankFalcon National Bank22 Central Ave S, Richmond, MN 56368A+5.0 ★Texas Ratio: 2.42% Kasasa Cash Back Checking at 5.00% APY, Highland BankHighland Bank2100 Ford Pkwy, Saint Paul, MN 55116A+5.0 ★Texas Ratio: 1.01% Kasasa Cash Checking at 5.00% APY, SharePoint Credit UnionSharePoint Credit Union3670 AQUILA AVE S, SAINT LOUIS PARK, MN 55426A+5.0 ★Texas Ratio: 4.61% Premier Rate Checking - Introductory Rate at 5.00% APY, and Associated Healthcare Credit UnionAssociated Healthcare Credit Union360 Sherman St, Saint Paul, MN 55102A+5.0 ★Texas Ratio: 2.30% Dividend Checking at 5.00% APY. Checking account rates as of April 9, 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 8.00% APY from Baxter Credit Union at 2 Scimed Pl, Maple Grove, MN, 55311 1565. 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: April 9, 2026
Compare Checking Account Rates Today in Minnesota
Maple Grove, MN 55311 1565
Qualifying balance up to $15000
Maple Grove, MN 55311 1565
Qualifying balance up to $15000
Richmond, MN 56368
Qualifications Required: At least 15 debit card purchases; At least 1 direct deposit or ACH credit transactions; Be enrolled in and agree to receive e-statements; Qualifying balance up to $300.00
Saint Paul, MN 55116
Qualifying balance up to $10,000.00
SAINT LOUIS PARK, MN 55426
No additional details provided.
Saint Paul, MN 55102
Qualifying balance up to $5,000.00
Lino Lakes, MN 55014 3035
Qualifying balance up to $20,000
Litchfield, MN 55355
Qualifying balance up to $15,000.00
Plymouth, MN 55447
Qualifying balance up to $20,000.00
Maple Grove, MN 55311 1565
Qualifying balance up to $15000
Maple Grove, MN 55311 1565
Qualifying balance up to $15000
Raymond, MN 56282
Qualifying balance up to $100,000.00
Lake Crystal, MN 56055
Qualifications Required; Qualifying balance up to $15,000.00
Ormsby, MN 56162
Qualifying balance up to $14,999.99
Lake City, MN 55041
Qualifications Required; Qualifying balance up to $15,000.00
Saint Louis Park, MN 55416
Qualifying balance up to $3,000,000.00
Elko New Market, MN 55054
Qualifying balance up to $10,000.00
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; Qualifying balance up to $20,000.00
Faribault, MN 55021
No additional details provided.
Rockford, MN 55373
cash back on debit card purchases.*
Maple Grove, MN 55311 1565
Qualifying balance up to $15000
Maple Grove, MN 55311 1565
Qualifying balance up to $15000
Richmond, MN 56368
Qualifications Required: At least 15 debit card purchases; At least 1 direct deposit or ACH credit transactions; Be enrolled in and agree to receive e-statements; Qualifying balance up to $300.00
Saint Paul, MN 55116
Qualifying balance up to $10,000.00
Saint Paul, MN 55102
Qualifying balance up to $5,000.00
SAINT LOUIS PARK, MN 55426
No additional details provided.
Lino Lakes, MN 55014 3035
Qualifying balance up to $20,000
Litchfield, MN 55355
Qualifying balance up to $15,000.00
Maple Grove, MN 55311 1565
Qualifying balance up to $15000
Maple Grove, MN 55311 1565
Qualifying balance up to $15000
Plymouth, MN 55447
Qualifying balance up to $20,000.00
Raymond, MN 56282
Qualifying balance up to $100,000.00
Lake Crystal, MN 56055
Qualifications Required; Qualifying balance up to $15,000.00
Ormsby, MN 56162
Qualifying balance up to $14,999.99
Lake City, MN 55041
Qualifications Required; Qualifying balance up to $15,000.00
Saint Louis Park, MN 55416
Qualifying balance up to $3,000,000.00
Elko New Market, MN 55054
Qualifying balance up to $10,000.00
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; Qualifying balance up to $20,000.00
Faribault, MN 55021
No additional details provided.
Rockford, MN 55373
cash back on debit card purchases.*
Richmond, MN 56368
Qualifications Required: At least 15 debit card purchases; At least 1 direct deposit or ACH credit transactions; Be enrolled in and agree to receive e-statements; Qualifying balance up to $300.00
Saint Paul, MN 55116
Qualifying balance up to $10,000.00
Lino Lakes, MN 55014 3035
Qualifying balance up to $20,000
Litchfield, MN 55355
Qualifying balance up to $15,000.00
Lake Crystal, MN 56055
Qualifications Required; Qualifying balance up to $15,000.00
Elko New Market, MN 55054
Qualifying balance up to $10,000.00
Rockford, MN 55373
cash back on debit card purchases.*
Apple Valley, MN 55124
Qualifications Required: enrolling in online/mobile banking with eDocuments; receive up to $10 in Cash Back Rewards each month; Up to $20 in ATM fee reimbursements per month
Apple Valley, MN 55124
Qualifications Required: at least 12 posted debit/credit card purchases within the month; Be enrolled in eDocuments; Up to $20 reimbursed on ATM surcharge fees
Baxter, MN 56425 8554
Qualifications Required: 1 ACH Debit or Credit; 12 Debit Card purchases; receipt of electronic statements; Earn up to $96 cash back per year, $8 per month*; Refunds on ATM withdrawal fees nationwide, up to $25.00*
Rochester, MN 55901
Qualifications Required: Have a balance of at least $1,500 each day; Use your debit card at least 15 times for point of sale ("POS") transactions; Use your debit card for POS transactions totaling at least $300; Qualifying balance up to $29,999.99
Preston, MN 55965
Qualifications Required; Qualifying balance up to $20,000
Rockford, MN 55373
Qualifications Required: At least 1 direct deposit or ACH payment transaction; At least 10 debit card purchases; Be enrolled in and agree to receive electronic statements; Be enrolled in and log into internet banking; Qualifying balance up to $15,000.00; Refunds on ATM withdrawal fees, nationwide and internationally (up to $20 monthly)*; No monthly maintenance fees; No minimum balance to earn rewards; Enjoy additional benefits: * [Bounce Protection](https://www.bankwestmn.com/services/personal-services/overdraft-protection-services.html) * Check images * Free [internet banking](https://www.bankwestmn.com/services/personal-services/internet-banking.html) * Free [bill pay](https://www.bankwestmn.com/services/personal-services/internet-banking.html) * Free [mobile banking with mobile deposit](https://www.bankwestmn.com/services/personal-services/mobile-banking-with-mobile-deposit.html) * Free [electronic statements](https://www.bankwestmn.com/services/personal-services/electronic-notices-statements.html) * Free [debit card](https://www.bankwestmn.com/personal/debit-card.html) (subject to application approval) * Unlimited check writing
Moose Lake, MN 55767
No additional details provided.
Faribault, MN 55021
No additional details provided.
Faribault, MN 55021
No additional details provided.
Faribault, MN 55021
No additional details provided.
Faribault, MN 55021
No additional details provided.
Faribault, MN 55021
No additional details provided.
Richmond, MN 56368
No additional details provided.
Brooten, MN 56316
No additional details provided.
Brooten, MN 56316
No additional details provided.
Brooten, MN 56316
No additional details provided.
Brooten, MN 56316
No additional details provided.
Brainerd, MN 56401
No additional details provided.
MINNEAPOLIS, MN 55411
No additional details provided.
Vernon Center, MN 56090
$200 minimum balance -$5 monthly maintenance fee & $.20 per debit if balance drops below $200 any day during your monthly statement cycle
Maplewood, MN 55109
No additional details provided.
Vernon Center, MN 56090
No minimum balance -No monthly maintenance fee
Maplewood, MN 55109
No additional details provided.
Eagan, MN 55121 7707
No additional details provided.
Saint Paul, MN 55106 5845
No additional details provided.
SAINT LOUIS PARK, MN 55426
No additional details provided.
Cloquet, MN 55720
No additional details provided.
South St Paul, MN 55075
No additional details provided.
Brooklyn Center, MN 55430
No additional details provided.
Apple Valley, MN 55124
Qualifications Required: enrolling in online/mobile banking with eDocuments; receive up to $10 in Cash Back Rewards each month; Up to $20 in ATM fee reimbursements per month
Plymouth, MN 55447
No additional details provided.
Saint Louis Park, MN 55416
Qualifying balance up to $499.99
Atwater, MN 56209
No additional details provided.
Madison Lake, MN 56063
No additional details provided.
Atwater, MN 56209
No additional details provided.
Madison Lake, MN 56063
Qualifying balance up to $149,999.99
Atwater, MN 56209
No additional details provided.
Rockford, MN 55373
No additional details provided.
Ormsby, MN 56162
Qualifying balance up to $100,000.00
Madison Lake, MN 56063
Qualifying balance up to $24,999.99
Ormsby, MN 56162
Qualifying balance up to $99,999.99
Atwater, MN 56209
No additional details provided.
Owatonna, MN 55060
No additional details provided.
Plymouth, MN 55447
$12 fee if average daily balance is less than $7,500; First 250 paper/digital transactions are free, $0.20 each thereafter
Maple Grove, MN 55311 1565
No additional details provided.
Chatfield, MN 55923
No additional details provided.
Plymouth, MN 55447
$12 fee if average daily balance is less than $7,500; First 250 paper/digital transactions are free, $0.20 each thereafter
Fountain, MN 55935
No additional details provided.
Ormsby, MN 56162
Qualifying balance up to $49,999.99
Chatfield, MN 55923
No additional details provided.
Baxter, MN 56425 8554
Qualifying balance up to $49,999.00
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 fell 2.881 points over the past 7 days to 1.010% APY.
Minnesota free checking rates rose 0.133 points over the past 7 days to 0.450% APY.
Methodology & Data Sources
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 pulling this data straight 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
- Baxter Credit Union
PowerPlusTM Checking Level 2 — 8.00% APY - Falcon National Bank
Kasasa Cash Back Checking — 5.00% APY - Highland Bank
Kasasa Cash Checking — 5.00% APY - SharePoint Credit Union
Premier Rate Checking - Introductory Rate — 5.00% APY - Associated Healthcare Credit Union
Dividend Checking — 5.00% APY
Checking Account Rates by City in Minnesota
