What is a premium bank account?

Premium bank accounts include checking and savings accounts. A premium bank account might reward you for relationship banking — that is, having multiple financial accounts with the same bank. Rewards include higher interest rates on deposit accounts, free or waived fees for ATM use and other services, and higher limits on transactions.

What is a premium checking account?

As a rule, premium checking is offered by larger, established banks with a variety of accounts and services to choose from. Premium checking accounts typically have high account balance thresholds and may have relationship tiers for different balances. These may start at $20,000 or more for the lowest tier but often go much higher.

Where can I get a premium checking account?

Typically, you find premium bank accounts at national banks and other large financial institutions. Benefits and eligibility requirements vary between banks. Here are some of the banks and financial institutions that currently offer premium checking accounts: People often assume premium checking accounts are strictly for wealthy individuals.