Best Banks & Checking Accounts in Newark, New Jersey - June 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best checking rates for Newark, New Jersey include GARDEN SAVINGSGARDEN SAVINGS120 Ferry St, Newark, NJ 07105A+5.0 ★Texas Ratio: 8.45% Platinum Checking at 5.00% APY, American Airlines Federal Credit UnionAmerican Airlines Federal Credit Union614 Frelinghuysen Ave Fl 1, Newark, NJ 07114A+5.0 ★Texas Ratio: 2.51% Priority Checking at 0.40% APY, Essex County Teachers Federal Credit UnionEssex County Teachers Federal Credit Union465 Martin Luther King Jr Blvd, Newark, NJ 07102A+5.0 ★Texas Ratio: 0.63% Checking at 0.05% APY, Selfreliance Federal Credit UnionSelfreliance Federal Credit Union734 Sanford Ave, Newark, NJ 07106A5.0 ★Texas Ratio: 9.40% Checking Accounts at 0.01% APY, and Lusitania Savings BankLusitania Savings Bank107 Pulaski St, Newark, NJ 07105A+5.0 ★Texas Ratio: 1.07% Value and Value Plus Checking at 0.01% APY. Checking account rates as of June 16, 2026 according to verified data from MonitorBankRates.
Newark has 5 local institutions in our database, with checking rates as high as 5.00% APY from GARDEN SAVINGS at 120 Ferry St, Newark, NJ, 07105. Use the tabs below to compare all available checking account types. Rates are continually updated — we recommend checking back frequently.
Checking account rates reflect recent market quotes and representative offers available to depositors in Newark, New Jersey. Checking Account Rates Last Updated and Verified: June 16, 2026
Compare Checking Account Rates Today in Newark, New Jersey & the Surrounding Area
Newark Checking Account Rates
Newark, NJ 07105
Qualifications Required: Must be enrolled in e-statements; Must complete a minimum of 12 point-of-sale transactions of at least $5 per transaction prior to the end of the BUSINESS CALENDAR month; Must have either direct deposit of regular pay or a minimum of 1 ACH debit from account per month.; On the first $15,000 on deposit in the account (average balance), if all qualifiers met.
Newark, NJ 07114
No additional details provided.
Newark, NJ 07114
No additional details provided.
Newark, NJ 07105
No monthly service charges. $750 minimum daily balance to earn stated dividend rate.
Newark, NJ 07114
No additional details provided.
Newark, NJ 07105
Qualifications Required: Must be enrolled in e-statements; Must complete a minimum of 12 point-of-sale transactions of at least $5 per transaction prior to the end of the BUSINESS CALENDAR month; Must have either direct deposit of regular pay or a minimum of 1 ACH debit from account per month.; On funds in excess of $15,000 (average balance), if all qualifiers met.
Newark, NJ 07105
$10 mothly service charge waived for accounts that maintain a daily balance of $200 or more. Up to 150k cumulative cash deposits per month, $0.20 per $100 deposited thereafter. Unlimited withdrawals and check deposits per month. Comes with free application to merchant services through Clover.
Newark, NJ 07102
No additional details provided.
Newark, NJ 07105
No monthly service charges. $750 minimum daily balance to earn stated dividend rate.
Newark, NJ 07105
No monthly service charges. Free e-statements, if not enrolled in e-statements a monthly fee of $3 will be assessed for paper statements.
Newark, NJ 07105
No monthly service charges. $750 minimum daily balance to earn stated dividend rate.
Newark, NJ 07106
No additional details provided.
Newark, NJ 07105
No additional details provided.
Newark, NJ 07105
On all funds if qualifiers are not met.
Newark, NJ 07105
No monthly service charges.
Newark, NJ 07105
$20 monthly service charge with unlimited transactions and no minium balance requirement.
Level 2 on balances up to $15000
Qualifications Required: 12 qualifying debit card purchases post and settle; 1 automatic payment ACH or bill pay; enrolled in and receive electronic statements; Interest rate on portion of daily balance over $15,000 is 0.25%; APY range from 6.00% to 0.48% depending on balance; ATM fee reimbursements up to $25 monthly ($4.99 per single transaction); Fees may reduce earnings.
No additional details provided.
No additional details provided.
Newark High Yield Checking Rates
Newark, NJ 07105
Qualifications Required: Must be enrolled in e-statements; Must complete a minimum of 12 point-of-sale transactions of at least $5 per transaction prior to the end of the BUSINESS CALENDAR month; Must have either direct deposit of regular pay or a minimum of 1 ACH debit from account per month.; On the first $15,000 on deposit in the account (average balance), if all qualifiers met.
Newark, NJ 07105
No monthly service charges. $750 minimum daily balance to earn stated dividend rate.
Newark, NJ 07105
Qualifications Required: Must be enrolled in e-statements; Must complete a minimum of 12 point-of-sale transactions of at least $5 per transaction prior to the end of the BUSINESS CALENDAR month; Must have either direct deposit of regular pay or a minimum of 1 ACH debit from account per month.; On funds in excess of $15,000 (average balance), if all qualifiers met.
Newark, NJ 07105
On all funds if qualifiers are not met.
Newark, NJ 07105
No additional details provided.
Level 2 on balances up to $15000
Qualifications Required: 12 qualifying debit card purchases post and settle; 1 automatic payment ACH or bill pay; enrolled in and receive electronic statements; Interest rate on portion of daily balance over $15,000 is 0.25%; APY range from 6.00% to 0.48% depending on balance; ATM fee reimbursements up to $25 monthly ($4.99 per single transaction); Fees may reduce earnings.
No additional details provided.
No additional details provided.
Level 1 on balances up to $15000
No additional details provided.
Rate applicable for balances up to $100,000 when qualifications disclosed are met.
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
No monthly maintenance fees. No ATM fees - ever! *There is no fee for using your Apple Bank Visa Debit Card to make cash withdrawals at domestic non-Apple Bank ATMs or international ATMs. A 2% surcharge will be applied to foreign transactions. In addition, Apple Bank will reimburse ATM surcharge fees charged by the ATM owner/operator during each statement cycle period. **Annual Percentage Yield (APY) disclosed is effective as of November 21, 2023 and may be changed by the Bank at any time, including after account opening.
No additional details provided.
No additional details provided.
No additional details provided.
Newark Rewards Checking Rates
Qualifications Required: 12 qualifying debit card purchases post and settle; 1 automatic payment ACH or bill pay; enrolled in and receive electronic statements; Interest rate on portion of daily balance over $15,000 is 0.25%; APY range from 6.00% to 0.48% depending on balance; ATM fee reimbursements up to $25 monthly ($4.99 per single transaction); Fees may reduce earnings.
Rate applicable for balances up to $100,000 when qualifications disclosed are met.
Rate applicable for balances up to $100,000 when qualifications disclosed are met.
No additional details provided.
ATM fee reimbursements up to $25 monthly ($4.99 per single transaction); Fees may reduce earnings.
Qualifications not met
In order to earn the disclosed APY, you must maintain a balance at least equal to $5,000.00 in your account each day.
Newark Free Checking Rates
Newark, NJ 07105
No monthly service charges.
No monthly maintenance fees. No ATM fees - ever! *There is no fee for using your Apple Bank Visa Debit Card to make cash withdrawals at domestic non-Apple Bank ATMs or international ATMs. A 2% surcharge will be applied to foreign transactions. In addition, Apple Bank will reimburse ATM surcharge fees charged by the ATM owner/operator during each statement cycle period. **Annual Percentage Yield (APY) disclosed is effective as of November 21, 2023 and may be changed by the Bank at any time, including after account opening.
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
No Minimum Balance Required
No additional details provided.
No additional details provided.
No additional details provided.
Newark Student Checking Rates
Newark, NJ 07105
No monthly service charges. $750 minimum daily balance to earn stated dividend rate.
Newark, NJ 07105
No monthly service charges. $750 minimum daily balance to earn stated dividend rate.
No additional details provided.
In order to earn the disclosed APY, you must maintain a balance at least equal to $5,000.00 in your account each day.
No additional details provided.
Newark Business Checking Rates
Newark, NJ 07114
No additional details provided.
Newark, NJ 07105
$10 mothly service charge waived for accounts that maintain a daily balance of $200 or more. Up to 150k cumulative cash deposits per month, $0.20 per $100 deposited thereafter. Unlimited withdrawals and check deposits per month. Comes with free application to merchant services through Clover.
Newark, NJ 07105
$20 monthly service charge with unlimited transactions and no minium balance requirement.
No additional details provided.
Annual Percentage Yield (APY) is accurate as of 12/10/2021. This is a variable rate account and the interest rate and APY may change after account opening. Balances under $100,000 earn 0.05% APY. Fees may reduce earnings. Available Online Only. New commercial customers only.
No additional details provided.
No additional details provided.
Initial deposit of $100 required to open. $100 balance required for no monthly fee
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
Annual Percentage Yield (APY) is accurate as of 12/1/2021. This is a variable rate account and the interest rate and APY may change after account opening. Fees may reduce earnings.
No additional details provided.
No additional details provided.
Interest Tier: $250,000+
Interest Tier: $250,000+
Interest Tier: $1,000 - $9,999
No additional details provided.
No additional details provided.
Newark, NJ Checking Rate Trends
Compare local Newark, NJ 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.
New Jersey high-yield checking rates rose 0.295 points over the past 7 days to 1.298% APY.
New Jersey free checking rates rose 0.275 points over the past 7 days to 0.843% APY.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Newark, New Jersey 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 Newark, New Jersey 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 Newark, New Jersey. 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 NJ.
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 Newark, New Jersey earn interest?
Are banks in Newark, New Jersey FDIC insured?
What fees should I watch out for?
What is a Rewards Checking account?
Best Checking Rates in Newark, New Jersey
- GARDEN SAVINGS
Platinum Checking — 5.00% APY - American Airlines Federal Credit Union
Priority Checking — 0.40% APY - Essex County Teachers Federal Credit Union
Checking — 0.05% APY - Selfreliance Federal Credit Union
Checking Accounts — 0.01% APY - Lusitania Savings Bank
Value and Value Plus Checking — 0.01% APY
