USAA has a great reputation and is a wonderful institution, but I wouldn't simply say "best". I'm a member of Alliant Credit Union and receive 1.75% interest checking and 2% interest on savings. It's a credit union so they aren't trying to hit me with fees or teasing me with intro-rates. Heck, they even give me a FREE credit score without a hard pull every 3 months! I can deposit checks by scanning them (just like USAA), but there's no cool iPhone app. I get free ACH transfers to other institutions. The one thing missing is ATM reimbursement, but for the interest rate I can deal with going to one of the co-op network ATMs (or other free ATMs).
USAA does have an excellent reputation and they are an excellent institution. But "best" really depends on what you need. The most convenient ATMs for me are all free with Alliant and I get higher interest. You might prefer the ATM reimbursements and might have no qualms about getting no interest on balances under $1,000.
There are often better options than Citibank, Bank of America and Chase. There are even for-profit banks that offer really good terms such as SalemFive (http://www.salemfivedirect.com/) of which I'm also a customer.
This isn't my website, but a fellow HN reader is responsible for it so I'll plug it: http://www.bankfox.com/. It tracks interest rates, features, even bank health and it has a wonderful, clean interface.
USAA does have an excellent reputation and they are an excellent institution. But "best" really depends on what you need. The most convenient ATMs for me are all free with Alliant and I get higher interest. You might prefer the ATM reimbursements and might have no qualms about getting no interest on balances under $1,000.
There are often better options than Citibank, Bank of America and Chase. There are even for-profit banks that offer really good terms such as SalemFive (http://www.salemfivedirect.com/) of which I'm also a customer.
This isn't my website, but a fellow HN reader is responsible for it so I'll plug it: http://www.bankfox.com/. It tracks interest rates, features, even bank health and it has a wonderful, clean interface.