In the hustle and bustle of our daily lives, it is natural to want things to happen faster and easier. Online banking has revolutionized the banking system and has made the daily transactions infinitely less cumbersome and extremely quick. It allows you to undertake the most complex of activities on the go. Moreover, some banks even give interests on online checking accounts. To get an idea of what is available below is a list of free and low-cost online checking accounts.

EverBank
For those looking for a checking account that even pays interest, EverBank can be a top choice. The interest rate on its checking starts at 0.25% APY for accounts having a balance of $9,999 or less. Rates go higher with the increase of the balance. The rate of this bank is higher than many other savings and money market accounts.
It has another great feature called the Yield Pledge Promise. It pledges that the checking account of this bank will yield within the top 5% of the competitive accounts.

Capital One 360
Previously ING Direct, Cap One 360 was difficult to beat as they offer no maintenance fee, but give you interest on the account. The website is easy to handle, and you can deposit a check by simply clicking a picture of it with your smart phone. Added to that, you will get its ATM services at thousands of locations.

FNBO Direct
Another top pick for online free checking accounts can go to FNBO Direct. It has an online BillPay Account. With this, you will get not only a free account but also an account which pays interest too. The current interest rate of FNBO Direct is 0.65% APY. For your benefit, this account comes with a free Visa Debit Card. You can transfer money whenever and wherever you want using a cell-phone or an e-mail account.

All the online checking accounts mentioned above are FDIC insured.