The First Internet Bank of Indiana Free Savings Account doesn't charge a monthly fee, and it pays a solid interest rate compared to brick-and-mortar banks. You will still earn a better rate with other online high-yield savings accounts, though.
The First Internet Bank of Indiana Free Checking Account is a good option for a checking account with no monthly fees. You also may like the Interest Checking Account, which pays interest and refunds up to $10 per month in ATM fees. Just know that you'll need to keep $500 in your account to waive the no monthly service fee.
First Internet Bank of Indiana pays high interest rates on CDs. They have made several of our best-of lists, including the best 6-month CD rates.
You may like the First Internet Bank of Indiana Money Market Account if you can maintain a $4,000 balance, because then you'll waive the $5 monthly service fee. It pays a higher interest rate than a regular savings account.
First Internet Bank of Indiana offers several highly competitive consumer banking products. It offers two different types of both checking and savings accounts designed for customers of all balance sizes, as well as some of the most competitive CD rates on our radar. It doesn't offer consumer loans or credit card products, so it isn't a one-stop financial shop, but it's a solid online bank.