Want a free checking account that also earns interest? Well unfortunately some big banks like Citi are changing their rules for free checking accounts. If you want to get a free checking account, they are going to require you to collectively have a $1,500 balance in all of your Citi bank accounts. No big deal though; they did not give any interest for money sitting in checking accounts. Just about all of the banks that give interest bearing checking accounts are going to give you a new bank account for free. There are some good places that are based online, and a couple of them are ING and HSBC. These are good banks that give good deals too. When you are looking around for a new bank account to open, you should always compare at least 3 or 4 different banks so you can get the best deal. Banks will have new promotions running, and you never know when a good promotional deal will pop up when you are looking for a new free checking account that will earn you interest every year.

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