Myrtle Beach, South Carolina Best Checking Accounts & Rates October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Myrtle Beach, South Carolina checking account rates range from 0.01% to 5.12% APY, verified by MonitorBankRates as of October 14, 2026. The best checking rates for Myrtle Beach, South Carolina include Southern Bank Sardis, GASouthern Bank Sardis, GA1312 Professional Dr, Myrtle Beach, SC 29577A+5.0 ★Texas Ratio: 4.17% VIP Checking at 1.89% APY, Woodforest National BankWoodforest National Bank541 Seaboard St, Myrtle Beach, SC 29577A-5.0 ★Texas Ratio: 14.96% Choice Checking at 0.15% APY, CIT BankCIT Bank4040 River Oaks Dr, Myrtle Beach, SC 29579A5.0 ★Texas Ratio: 7.72% eChecking at 0.25% APY, Carolina Trust Federal Credit UnionCarolina Trust Federal Credit Union1010 21st Ave N, Myrtle Beach, SC 29577 7485A+5.0 ★Texas Ratio: 5.86% Rewards Checking at 0.08% APY, and First Citizens BankFirst Citizens Bank4040 River Oaks Dr, Myrtle Beach, SC 29579A5.0 ★Texas Ratio: 7.72% Premier Checking Account at 0.05% APY. Checking account rates as of October 14, 2026 according to verified data from MonitorBankRates.
Myrtle Beach has 5 local institutions in our database, with checking rates as high as 1.89% APY from Southern Bank Sardis, GA at 1312 Professional Dr, Myrtle Beach, SC, 29577. Use the tabs below to compare all available checking account types. Rates are continually updated, so we recommend checking back frequently.
Checking account rates reflect recent market quotes and representative offers available to depositors in Myrtle Beach, South Carolina. Checking Account Rates Last Updated and Verified: October 14, 2026
Compare Checking Account Rates Today in Myrtle Beach, South Carolina & the Surrounding Area
Myrtle Beach Checking Account Rates
Myrtle Beach, SC 29577
Balance: $10,000 up to $24,999.99
Myrtle Beach, SC 29577
Transaction Limits: Unlimited
Myrtle Beach, SC 29579
Balance: > 25,000
Myrtle Beach, SC 29577
Transaction Limits: Unlimited
Myrtle Beach, SC 29579
Balance: < 25,000
Myrtle Beach, SC 29577 7485
Balance: over $2,500 or more in combined checking and savings
Myrtle Beach, SC 29579
Interest-bearing checking; APY accurate as of October 14, 2026; $18 monthly fee waived with qualifying criteria
Myrtle Beach, SC 29577 7485
Balance: over $250
Balance: $0 - $15,000
Qualifications Required; Balance: $0.00 - $10,000.00; 4.59% APY on balances up to $10,000; dividends compounded and credited monthly; $1,000 minimum balance to open; 0.10% APY applies to balances over $10,000 or if qualifications not met
Qualifying balance up to $20,000.00
Qualifications Required: eStatements instead of paper statements; 12 or more debit card purchases in preceding month; at least one monthly ACH debit or credit; Balance: portion of daily balance under $10,000; Qualifies only when reward criteria are met; $12 waivable monthly fee (waived with $1,000 daily minimum balance); Qualify for ATM Fee Refunds; Only one account of this type may be opened per social security number
Qualifications Required: eStatements instead of paper statements; 12 or more debit card purchases in preceding month; at least one monthly ACH debit or credit; Balance: portion of daily balance under $10,000; Qualifies only when reward criteria are met; $15 waivable monthly fee (waived with $2,500 daily minimum balance); $1,200 cell phone protection per year; Only one account of this type may be opened per social security number
Balance: $0.00 - $20,000.00; Footnote 1: One Loyalty Checking per member permitted; APY effective as of 04/01/2025; dividend monthly
Balance: $250,000 and over
- Oct 2, 20263.00%▲ from 2.84%
- Sep 18, 20262.84%first recorded
Balance: $250,000 & over
- Oct 2, 20263.00%▲ from 2.84%
- Sep 18, 20262.84%first recorded
Balance: $100,000 to $249,999.99
- Oct 2, 20262.12%▲ from 2.02%
- Sep 18, 20262.02%first recorded
Balance: $100,000 to $249,999.99
- Oct 2, 20262.12%▲ from 2.02%
- Sep 18, 20262.02%first recorded
Balance: up to $10,000; If requirements not met, Dividend Rate 0.05% and APY 0.05%
- Oct 13, 20262.00%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Balance: $40,000 to $99,999.99
Balance: $40,000 to $99,999.99
Balance: $25,000 to $39,999.99
Balance: $25,000 to $39,999.99
Balance: $10,000 to $24,999.99
Balance: $10,000 to $24,999.99
Qualifications Required; $25,000 minimum checking account balance; personal accounts only; dividends calculated daily
No additional details provided.
Qualifications Required; $2,000 minimum checking account balance; personal accounts only; dividends calculated daily
Balance: $25,000 to $39,999.99
Balance: $25,000 to $39,999.99
Balance: $25,000 to $39,999.99
Balance: $25,000 and over
Balance: $25,000 - $99,999
Balance: $10,000 to $24,999
Balance: $1,500 to $9,999; Must maintain a daily ending balance of at least $1,500 to earn dividends
Balance: $10,000 - $24,999
Balance: $5,000 and above
Balance: $100,000 or more
Balance: $100,000.00 and over
Balance: $5,000 - $9,999
Myrtle Beach High Yield Checking Rates
Myrtle Beach, SC 29577
Balance: $10,000 up to $24,999.99
Balance: $0 - $15,000
Qualifications Required; Balance: $0.00 - $10,000.00; 4.59% APY on balances up to $10,000; dividends compounded and credited monthly; $1,000 minimum balance to open; 0.10% APY applies to balances over $10,000 or if qualifications not met
Qualifying balance up to $20,000.00
Qualifications Required: eStatements instead of paper statements; 12 or more debit card purchases in preceding month; at least one monthly ACH debit or credit; Balance: portion of daily balance under $10,000; Qualifies only when reward criteria are met; $12 waivable monthly fee (waived with $1,000 daily minimum balance); Qualify for ATM Fee Refunds; Only one account of this type may be opened per social security number
Qualifications Required: eStatements instead of paper statements; 12 or more debit card purchases in preceding month; at least one monthly ACH debit or credit; Balance: portion of daily balance under $10,000; Qualifies only when reward criteria are met; $15 waivable monthly fee (waived with $2,500 daily minimum balance); $1,200 cell phone protection per year; Only one account of this type may be opened per social security number
Balance: $250,000 & over
- Oct 2, 20263.00%▲ from 2.84%
- Sep 18, 20262.84%first recorded
Balance: $100,000 to $249,999.99
- Oct 2, 20262.12%▲ from 2.02%
- Sep 18, 20262.02%first recorded
Balance: up to $10,000; If requirements not met, Dividend Rate 0.05% and APY 0.05%
- Oct 13, 20262.00%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Balance: $40,000 to $99,999.99
Balance: $25,000 to $39,999.99
Balance: $10,000 to $24,999.99
Qualifications Required; $2,000 minimum checking account balance; personal accounts only; dividends calculated daily
Balance: $1,000 to $9,999.99
Balance requirements (to earn APY): $25,000+
Balance: $500 to $999.99
Balance: $0.00 - $5,000.00; Dividends paid monthly; Effective September 28, 2026
Balance requirements (to earn APY): $5,000-$24,999.99
No additional details provided.
Balance: $1,000.00 minimum; dividends compounded and credited monthly
Balance requirements (to earn APY): $2,500-$4,999.99
Balance: $1,500 and over; Compounded Monthly
Balance requirements (to earn APY): $500-$2,499.99
- Oct 4, 20260.05%▼ from 0.10%
- Sep 25, 20260.10%first recorded
Balance: No Minimum Balance; Compounded Monthly; Rates may change monthly; Fees may reduce earnings
Balance: No Minimum Balance; Compounded: Monthly; Dividend Rate: 0.020%; APY: 0.020%
Balance: $0.00 - $1,499.99; Compounded Monthly
Myrtle Beach Rewards Checking Rates
Myrtle Beach, SC 29577 7485
Balance: over $2,500 or more in combined checking and savings
Myrtle Beach, SC 29577 7485
Balance: over $250
Myrtle Beach Free Checking Rates
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
Balance: $100.00 - $2,499.99
Balance: $1,000.00; Rates effective as of 10/12/2026. Dividends are compounded and credited monthly.
Myrtle Beach Student Checking Rates
No additional details provided.
Myrtle Beach Business Checking Rates
Myrtle Beach, SC 29577
Transaction Limits: Unlimited
Balance: $0.00 - $20,000.00; Footnote 1: One Loyalty Checking per member permitted; APY effective as of 04/01/2025; dividend monthly
Balance: $250,000 and over
- Oct 2, 20263.00%▲ from 2.84%
- Sep 18, 20262.84%first recorded
Balance: $100,000 to $249,999.99
- Oct 2, 20262.12%▲ from 2.02%
- Sep 18, 20262.02%first recorded
Balance: $40,000 to $99,999.99
Balance: $25,000 to $39,999.99
Balance: $10,000 to $24,999.99
Balance: $25,000 to $39,999.99
Balance: $10,000 to $24,999.99
Balance: $1,000 to $9,999.99
Balance: $1,000 to $9,999.99
$2,500; Balance: $100,000 and over
$2,500; Balance: under $100,000
No additional details provided.
Balance: No Minimum Balance; Compounded Monthly
No additional details provided.
No additional details provided.
Dividends credited Monthly; Item limitations apply
Myrtle Beach, SC Checking Rate Trends
Compare local Myrtle Beach, SC 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.
South Carolina high-yield checking rates rose 0.403 points over the past 7 days to 2.571% APY.
South Carolina free checking rates fell 0.098 points over the past 7 days to 0.478% APY.
Myrtle Beach, SC Checking Rate Forecast, Next 12 Months
Checking APYs move with Federal Reserve policy. Our model projects the likely path of high-yield and free checking averages from the current South Carolina figures.
Forecast Methodology & Assumptions
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit institutions typically pass policy-rate changes through to checking APYs within 60 to 90 days. Reward and high-yield checking adjust faster than standard accounts.
Important notice: this forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions.
What Your Balance Earns at SC Checking Averages
Annual interest earnings at current South Carolina average APYs. Advertised high-yield rates typically require qualifying monthly activity, and most accounts cap the balance that earns the top rate. The calculator below models your exact balance against a cap.
| Balance | High-Yield Checking (2.571% APY) | Monthly Earnings | Free Checking (0.478% APY) | Monthly Earnings |
|---|---|---|---|---|
| $2,500 | $64.28 / year | $5.36 | $11.94 / year | $1.00 |
| $5,000 | $128.55 / year | $10.71 | $23.89 / year | $1.99 |
| $10,000 | $257.10 / year | $21.43 | $47.77 / year | $3.98 |
| $25,000 | $642.75 / year | $53.56 | $119.43 / year | $9.95 |
| Earnings estimates assume the full balance earns the average APY with qualifying requirements met every month. Actual earnings depend on the account’s rate cap, base rate, and whether requirements are met. The top offers above pay well over these averages. Source: South Carolina checking rate averages as of October 14, 2026. | ||||
Available in Myrtle Beach, South Carolina
About Our Myrtle Beach, South Carolina Checking Rate Database
MonitorBankRates tracks checking account rates from 9 banks and 23 credit unions offering checking accounts to Myrtle Beach, South Carolina residents, spanning high-yield, rewards, free, student, and business checking from community institutions, regional banks, and national online options. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: Southern Bank Sardis, GA offers a checking account at 1.89% APY with a minimum deposit of $50. High-yield checking rates typically require qualifying monthly activity. Check the account details before opening.
How to Find the Best Checking Rates in Myrtle Beach, South Carolina
What to compare when shopping for an interest-bearing checking account in Myrtle Beach, South Carolina
To find the best checking APYs in Myrtle Beach, South Carolina, start with credit unions and online-only banks: Myrtle Beach, South Carolina has 23 credit unions in our database, and they dominate the high-yield and rewards checking market because they have lower overhead than traditional branch networks and use high rates to win your primary banking relationship.
Read the qualifying requirements before you’re drawn in by the headline rate. Most high-yield checking accounts require 10 to 15 debit card transactions per month, a direct deposit or ACH transfer, and e-statements. Miss them in a given month and you earn a near-zero base rate instead. Also check the balance cap: the advertised APY usually applies only up to $10,000 to $25,000. The current SC high-yield checking average is 2.571% Use the tables above to find the best available offer.
Finally, weigh fees and access: a monthly maintenance fee can erase a year of interest on a modest balance, and out-of-network ATM fees add up fast. The best accounts pair a high rate with no monthly fee and nationwide ATM access or ATM-fee reimbursement, worth checking if an institution has branches or in-network ATMs near you in Myrtle Beach, South Carolina.
When High-Yield Checking Makes Sense
- You already use a debit card regularly: the transaction requirements cost you nothing extra
- Your everyday balance sits under the account’s rate cap, so your whole balance earns the top APY
- You want your spending money earning savings-level interest instead of 0%
- You prefer banking locally: 32 institutions serving Myrtle Beach, South Carolina report checking rates to our database
Consider an Alternative If…
- Your balance is well above the rate cap: Myrtle Beach, South Carolina savings rates or money market rates for the excess
- You won’t reliably meet the monthly activity requirements: a no-strings high-yield savings account earns more
- You have money you won’t touch for a set period: Myrtle Beach, South Carolina CD rates lock in a guaranteed return
Myrtle Beach, South Carolina Financial Snapshot
Local demographics and economic context for account holders. Source: U.S. Census Bureau
At today’s SC high-yield checking average of 2.571%, keeping 10% of the local median salary ($3,416) in a high-yield checking account would earn $88 annually, money a 0% traditional checking account leaves on the table. The top offers above pay even more.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
High-Yield Checking vs. Other Myrtle Beach, South Carolina Options
How interest-bearing checking accounts compare to the other deposit products available at banks and credit unions in Myrtle Beach, South Carolina.
| Feature | High-Yield Checking | Free Checking | High-Yield Savings | Money Market |
|---|---|---|---|---|
| Current SC Avg APY | 2.571% | 0.478% | View Savings Rates | View MMA Rates |
| Monthly Activity Required | ✗ Usually yes (debit + direct deposit) | ✓ None | ✓ None | ✓ None |
| Balance Cap on Top Rate | Common ($10K, $25K) | Little or no interest paid | ✓ Rarely | Tiered: higher balances earn more |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Checks & Debit Card | ✓ Unlimited | ✓ Unlimited | ✗ No | ✓ Limited per month |
| Best For | Everyday spending money that also earns | Simple no-fee banking, modest balances | Emergency fund, larger balances | Larger balances wanting some check access |
APY data reflects South Carolina averages tracked in our database as of October 14, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Myrtle Beach, South Carolina Checking Account Interest Calculator
See what an interest-bearing checking account earns on your everyday balance. Most high-yield accounts only pay the advertised APY up to a balance cap. Enter the cap to see the real number, or leave it at 0 for uncapped accounts. Click any current Myrtle Beach, South Carolina rate on the right to apply it. Interest compounds monthly.
Assumes monthly compounding, qualifying requirements met every cycle, and that balances above the cap earn 0%. Checking rates are variable and can change at any time. Estimates are for informational purposes only.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Myrtle Beach, South Carolina 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 Myrtle Beach, South Carolina 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 Myrtle Beach, South Carolina. 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 SC.
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 Myrtle Beach, South Carolina earn interest?
Are banks in Myrtle Beach, South Carolina FDIC insured?
What fees should I watch out for?
What is a Rewards Checking account?
What do I need to do to qualify for a high-yield checking rate in Myrtle Beach, South Carolina?
Is there a limit on how much of my balance earns the top rate?
How do I open a checking account in Myrtle Beach, South Carolina?
Best Checking Rates in Myrtle Beach, South Carolina
- Southern Bank Sardis, GA
VIP Checking: 1.89% APY - Woodforest National Bank
Choice Checking: 0.15% APY - CIT Bank
eChecking: 0.25% APY - Carolina Trust Federal Credit Union
Rewards Checking: 0.08% APY - First Citizens Bank
Premier Checking Account: 0.05% APY
Myrtle Beach, South Carolina Rates & Resources
