Our consultants reply readers’ banking questions and write unbiased product opinions (here is how we assess banking merchandise). In some circumstances, we obtain a fee from our companions; nonetheless, our opinions are our personal. Phrases apply to affords listed on this web page.
Evaluate NBKC Financial institution accounts
Editor’s ranking
Editor’s ranking
Editor’s ranking
NBKC Financial institution Evaluation: General Ranking
NBKC Financial institution Professionals and Cons
About NBKC Financial institution
NBKC is a web-based financial institution, however you possibly can financial institution in particular person if you happen to reside close to a department close to Kansas Metropolis, Missouri. You’ve got free entry to over 37,000 MoneyPass ATMs. If you happen to use an out-of-network ATM and the supplier prices a charge, NBKC will reimburse as much as $12 per thirty days.
The NBKC cellular app has acquired 4.4 out of 5 stars within the Apple retailer, and 4.2 out of 5 stars within the Google Play retailer.
You possibly can name buyer assist Monday by means of Friday, 8 a.m. to five p.m. CT. NBKC does not provide buyer assist on weekends.
Your whole deposits are FDIC-insured for as much as $250,000, or $500,000 for a joint account.
Is NBKC Financial institution Reliable?
The Higher Enterprise Bureau provides NBKC Financial institution an A+ ranking. An important BBB rating indicators that an organization is trustworthy in its promoting, is clear about enterprise practices and responds successfully to buyer complaints.
NBKC does not have any present public scandals. Between the clear historical past and powerful BBB rating, it’s possible you’ll resolve you are comfy banking with the corporate.
NBKC Financial institution FAQS
NBKC Financial institution stands for Nationwide Financial institution of Kansas Metropolis. NBKC has places close to Kansas Metropolis, Missouri, however you may additionally open accounts from anyplace within the US.
Sure, NBKC Financial institution is an FDIC-insured monetary establishment. Because of this your insured deposits are safe if the financial institution is shut down. As much as $250,000 per depositor is protected in an FDIC-insured checking account.
NBKC Financial institution is an efficient alternative if are comfy with online-only banking or if you happen to reside near an NBKC department (places are within the Kansas Metropolis, Missouri space). You additionally may like NBKC if you happen to like the concept of a hybrid checking/financial savings account.
NBKC doesn’t cost month-to-month financial institution upkeep charges, overdraft charges, or incoming home wire switch charges. There’s a $5 outgoing home wire switch charge and a $45 incoming or outgoing worldwide wire switch charge, although.
NBKC Financial institution Opinions
NBKC Every part Account
NBKC Every part Account
Charges
no month-to-month service charge
Annual Share Yield (APY)
1.50%
Minimal Deposit Quantity
$0
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A examine mark. It signifies a affirmation of your meant interplay.Aggressive APY
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A examine mark. It signifies a affirmation of your meant interplay.No minimal opening deposit
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A examine mark. It signifies a affirmation of your meant interplay.No month-to-month service charges
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A examine mark. It signifies a affirmation of your meant interplay.No international transaction charges
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A examine mark. It signifies a affirmation of your meant interplay.No overdraft charges
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A examine mark. It signifies a affirmation of your meant interplay.Refunds as much as $12/month for out-of-network ATM charges
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A examine mark. It signifies a affirmation of your meant interplay.On-line invoice pay
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A examine mark. It signifies a affirmation of your meant interplay.Arrange separate financial savings objectives
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Two crossed traces that kind an ‘X’.Solely branches are in Kansas Metropolis, MO
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Two crossed traces that kind an ‘X’.Restricted buyer assist hours
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Two crossed traces that kind an ‘X’.No overdraft safety choices
Product Particulars
- On-line financial institution with branches in Kansas Metropolis, MO
- Hybrid checking and financial savings account
- Earn APY on complete stability
- Arrange financial savings objectives
- Curiosity is compounded each day, paid month-to-month
- FDIC insured
The NBKC Every part Account is a hybrid checking/financial savings account that pays 1.50% APY (Annual Share Yield) on all account balances.
You may discover that protecting your spending and saving cash multi functional account simplifies your funds. You may also arrange particular person financial savings objectives in your account, like “Emergency Fund” or “New Automobile” to trace your progress and preserve your self from dipping into your financial savings.
It’s possible you’ll or might not like how the overdraft guidelines are arrange, although. On the plus facet, NBKC does not cost overdraft charges. In case your buy would overdraw your account, NBKC will simply deny the transaction. Nevertheless, this might put you in a tricky spot if you happen to want to overdraw funds however haven’t got the choice.
NBKC CD
NBKC CD
Annual Share Yield (APY)
0.10% to five.25%
Minimal Deposit Quantity
$250 to $1,000
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A examine mark. It signifies a affirmation of your meant interplay.Strong APY
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A examine mark. It signifies a affirmation of your meant interplay.Possibility for a 1-year Add-to Starter CD, with no opening deposit
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Two crossed traces that kind an ‘X’.$250 to $1,000 minimal opening deposits
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Two crossed traces that kind an ‘X’.Excessive early withdrawal penalties
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Two crossed traces that kind an ‘X’.Solely branches are in Kansas Metropolis, MO
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Two crossed traces that kind an ‘X’.Restricted buyer assist hours
Product Particulars
- On-line financial institution with branches in Kansas Metropolis, MO
- Time period lengths starting from 3 months to five years
- Early withdrawal penalties are as follows: 90 days curiosity for phrases of 3-6 months; 180 days curiosity for 12-month phrases; 360 days curiosity for phrases of 24-36 months; 540 days curiosity for phrases of 48-60 months
- Open a 1-year Add-to Starter CD on prime of one other CD time period for no opening deposit, and add extra money for the primary yr
- Curiosity compounded each day, paid month-to-month
- FDIC insured
NBKC Financial institution has a wide range of CDs, however the minimal opening deposit varies relying on the time period you select. You can also discover increased rates of interest at different on-line banks.
NBKC Cash Market Account
NBKC Cash Market Account
Charges
no month-to-month service charge
Annual Share Yield (APY)
2.50%
Minimal Deposit Quantity
$0
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A examine mark. It signifies a affirmation of your meant interplay.Aggressive APY
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A examine mark. It signifies a affirmation of your meant interplay.No month-to-month service charges
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A examine mark. It signifies a affirmation of your meant interplay.No minimal opening deposit
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A examine mark. It signifies a affirmation of your meant interplay.$0.01 minimal stability to earn curiosity
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A examine mark. It signifies a affirmation of your meant interplay.Debit card included
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A examine mark. It signifies a affirmation of your meant interplay.Paper checks included
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A examine mark. It signifies a affirmation of your meant interplay.Reimburses as much as $12/month for out-of-network ATM charges
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Two crossed traces that kind an ‘X’.Solely branches are in Kansas Metropolis, MO
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Two crossed traces that kind an ‘X’.Restricted buyer assist hours
Product Particulars
- On-line financial institution with branches in Kansas Metropolis, MO
- Free entry at over 37,000 MoneyPass ATMs
- MasterCard debit card and paper checks included (optionally available)
- FDIC insured
- Curiosity compounded each day, paid month-to-month
The NBKC Cash Market Account is an general sturdy possibility if you happen to’re on the lookout for a cash market account. This account pays a strong curiosity, and in contrast to many banks, NBKC does not require a minimal opening deposit.
The primary enchantment of a cash market account over a standard financial savings account is that it sometimes makes it simpler to entry your cash than a financial savings account does. NBKC sends you each a debit card and paper checks, making it particularly straightforward to faucet into your financial savings.
How NBKC Financial institution Compares
NBKC Financial institution vs. Ally Financial institution
NBKC and Ally each provide the means to set and title financial savings objectives. Ally has a separate financial savings and checking account, so if you happen to want to maintain it multi functional account, then you definately may like NBKC.
You additionally may want NBKC if incomes an honest rate of interest in your checking stability is essential to you. Ally pays curiosity in your checking account, but it surely will not be as excessive as what the NBKC Every part Account pays. Ally could also be a better option if you would like to earn a excessive rate of interest on a financial savings stability, although. Ally financial savings charges pay 4.25% APY.
Ally additionally has good customer support. You possibly can contact a reside consultant 24/7, both over the cellphone or through on-line chat. Its cellular app can also be very strong, with cellular examine deposit and ATM locator options
Ally Financial institution Evaluation
NBKC Financial institution vs. Capital One 360
Capital One does not have a cash market account, so you may wish to go along with NBKC if having a cash market account is essential to you. And though Capital One pays curiosity in your checking account, it is not as excessive as what NBKC pays.
In contrast to NBKC, Capital One permits you to open separate checking and financial savings accounts for minors, so it could possibly be a superb financial institution for households.
You additionally might want Capital One if you would like extra customer support choices. Its cellphone hours are in depth, and you may chat on-line with a reside consultant 24/7.
Capital One 360 Evaluation
Why You Ought to Belief Us: How We Reviewed NBKC Financial institution
For our NBKC Financial institution evaluate, we used our checking account methodology and certificates of deposit methodology. We price every account on a scale from 0 to five.
We consider ethics, cellular apps, and customer support for each kind of account. Different components we think about rely on which sort of account we’re reviewing. For instance, we take a look at early withdrawal penalties for CDs, and whether or not you’ve got easy accessibility to cash by means of a debit card or checks for cash market accounts.
UFB Excessive Yield Financial savings
Earn 5.25% APY in your financial savings. No month-to-month upkeep charges. No minimal deposit is required to open an account.
