CFG Bank Checking Account Review 2026
CFG offers just a checking account called Basic Checking. The account comes without monthly fees and features unlimited check writing and the first order of basic checks are free. The minimum deposit to open an account is just $50.
Your checking estimate
CFG Bank monthly account cost
Net annual value
-$89
Interest minus estimated fees
Fit score
64/100
Based on yield, fees, and balance fit
SwitchWize take
Access-first checking account
Observed APY
1.25%
Usually secondary to fees
Main catch
The maximum opening deposit is limited to $1,000.
Confidence
100%
Rate and term data quality
Checking truth label
CFG Bank account details that matter
Pros & cons
- There aren’t monthly maintenance fees associated with the Basic Checking account.
- Customers have fee-free access to CFG and Allpoint ATMs.
- The first order of checks are free.
- The maximum opening deposit is limited to $1,000.
- There’s an $8 fee for using out-of-network ATMs.
Derived from the current rate, fees, and terms we track for this product. Confirm the latest details on the provider’s site.
Best for
- Everyday spending
- Direct deposit
- Bill pay
- Debit and ATM access
Not for
- Long-term savings yield
- Idle emergency cash
- Avoiding all fees without checking waiver rules
Access map
What this account is actually good at
1.25%
$1,000
There aren’t monthly maintenance fees associated with the Basic Checking account.
There’s an $8 fee for using out-of-network ATMs.
Decision checks
Open only if these checks pass
1.25% observed
$1,000
There’s an $8 fee for using out-of-network ATMs.
Use for transactions, not idle savings
Score it by fee avoidance, cash access, and account control before you look at APY.
Track this accountConfirm APY, monthly fee, waiver rules, access features, overdraft terms, transfer limits, and deposit insurance before funding the account.
Comparison set