There are a number of reasons you may want to open an account with a national bank. Perhaps you travel a lot, are planning to relocate soon or just prefer a bank that offers a wide range of financial services.

U.S. Bank Pros: – Low checking fee – Wide range of products offered – 0.05% APY for 12-month CD – High rates on CD Specials – Flexible options on CDs Cons: – Not as many locations as other national banks

JPMorgan Chase Bank Pros: – Nearly 5,000 locations – Wide range of products offered – Easy-to-schedule live or phone appointments with bankers Cons: – $12 checking fee – Low APYs

Wells Fargo Bank Pros: – More than 5,000 locations – Wide range of products offered – Excellent mobile app reviews Cons: – Low 12-month CD APY – No higher-yield savings options

Bank of America ros: – Great mobile app reviews – Wide range of products offered – Tiered rates for Preferred Rewards members Cons: – $12 checking fee – $8 savings account fee

PNC Bank Pros: – Low checking fee – Wide range of products offered – 0.02% APY for 12-month CD Cons: – Not as many locations as other national banks

Once you’ve decided that you want to bank with one of the major institutions, you’ll need to determine which one is best for you.

Fees can vary greatly from bank to bank, and from account to account. National banks often offer lower fees for customers with larger deposits, so if you fall into this category, make sure to see if you can qualify for lower fees and/or higher interest rates