Which banks let you open a checking account online
Most large banks and credit unions now let you open a checking account entirely online without visiting a branch. The process typically takes 10 to 20 minutes and requires a valid ID, Social Security number, and initial deposit (which varies by bank). You'll need an email address and phone number, and some banks will verify your identity by asking questions about your credit history or past addresses.
The banks that offer full online account opening include Chase, Bank of America, Wells Fargo, Citibank, and most regional banks. Credit unions often have online opening too, though some require you to live or work in their service area. Online-only banks like Ally, Charles Schwab, and Chime have no physical branches at all and handle everything through their website or app.
A few banks still require you to visit a branch or mail in documents, so check the specific bank's website before you start. Some will let you open the account online but require a video call with a representative to verify your identity.
Key Takeaways
- Most major banks and credit unions let you complete the entire account opening process on their website or mobile app without visiting a branch.
- You will need a valid government ID, Social Security number, email address, and phone number to open an account online.
- The initial deposit required ranges from zero dollars at some online banks to $25 or more at traditional banks, depending on the institution.
- Online-only banks typically have no monthly fees and offer higher interest rates on savings, while traditional banks may charge maintenance fees unless you meet balance or deposit requirements.
- Identity verification usually happens automatically through credit history checks, but some banks require a video call or phone interview.
What documents and information you need to have ready
Before you start, gather your Social Security number, a valid government-issued ID (driver's license, passport, or state ID), and your current address. Have your phone number and email address available—the bank will use these to contact you and send account information. If you're opening an account at a credit union, you may also need proof that you're in their membership field (such as your employer name or address).
Some banks will ask for your employment information, annual income, and mother's maiden name. A few will request recent pay stubs or tax returns if you're opening a business checking account. Have your initial deposit amount ready—this can be a debit card, another bank account for a transfer, or sometimes a check you can deposit through mobile deposit once the account is open.
If you've had banking problems in the past, the bank may ask about closed accounts or overdrafts. Be honest about these—many banks use ChexSystems, a banking history database, and they will find out anyway. Some banks specialize in second-chance checking if you've been denied elsewhere.
How identity verification works online
Most banks verify your identity automatically by asking security questions based on your credit report—questions like "Which address did you live at in 2019?" or "Which of these lenders have you borrowed from?" You answer a few questions correctly and the account opens within minutes. This method works for most people who have an established credit history.
If you're new to the country, have no credit history, or the automated check fails, the bank will ask you to do a video call with a representative. They'll ask you to show your ID to the camera and may ask follow-up questions about your personal information. This usually takes 5 to 10 minutes and happens the same day you apply.
A small number of banks still require you to mail in a copy of your ID or visit a branch in person. Check the bank's website to see which verification method they use before you start the application.
Opening an account at an online-only bank versus a traditional bank
Online-only banks like Ally, Chime, and Charles Schwab have no physical branches, so you do everything through their website or app. They typically charge no monthly maintenance fees, offer higher interest rates on checking and savings accounts, and have no minimum balance requirements. The tradeoff is that you cannot deposit cash in person—you deposit checks through mobile deposit or transfer money from another account.
Traditional banks with physical branches (Chase, Bank of America, Wells Fargo) let you deposit cash at any branch or ATM, and you can talk to a person if something goes wrong. Many charge a monthly maintenance fee ($12 to $15) unless you keep a minimum balance or set up direct deposit. They often have lower interest rates on checking accounts, sometimes zero percent.
A middle option is a regional bank or credit union that has a few branches in your area but also lets you open online. These often have lower fees than national banks and better customer service, though fewer ATM locations.
| Feature | Online-Only Banks | Traditional Banks | Credit Unions |
|---|---|---|---|
| Monthly fee | Usually $0 | $12–$15 (waivable) | $0–$10 |
| Interest on checking | 0.01%–0.50% | 0.00%–0.05% | 0.00%–0.25% |
| Cash deposits | Not possible | At any branch or ATM | At member branches |
| In-person support | Phone or chat only | At branch locations | At member branches |
How long it takes to start using your account
If you open an account online with automatic identity verification, you can usually start using it the same day. The account number appears on your screen immediately after approval, and you can set up direct deposit or transfer money right away. Some banks let you use a temporary debit card number through their app while your physical card is in the mail.
If the bank needs to do a video call to verify your identity, this usually happens within a few hours of your application. Once you pass verification, the account is active the same day. Your physical debit card will arrive in the mail within 7 to 10 business days, though you can use the temporary card number or mobile wallet in the meantime.
A few banks take longer—some require a phone call or mail verification, which can add 3 to 5 business days. Check the bank's website to see their timeline before you apply. If you need to use the account immediately, choose a bank that offers same-day activation.
What happens after your account opens
Once your account is open, you'll receive a welcome email with your account number, routing number, and instructions for setting up online banking. Log in to the bank's website or app to set a password, add a profile picture if required, and review your account settings. You can set up bill pay, transfer money to other accounts, and arrange direct deposit from your employer.
Your debit card will arrive in the mail within 7 to 10 business days. When it arrives, you'll need to activate it through the app or by calling the number on the card. Some banks let you set a PIN before the card arrives; others require you to set it when you first use the card at an ATM.
If you have questions after opening, most online banks offer phone support during business hours and chat support 24/7. Traditional banks let you visit a branch if you prefer to speak with someone in person. Keep your account agreement and routing number in a safe place—you'll need the routing number to set up direct deposit or receive wire transfers.
Frequently Asked Questions
Can I open a checking account online if I don't have a credit history?
Yes. Many banks don't check your credit score to open a checking account. If the automated identity verification fails because you have no credit history, the bank will ask you to do a video call instead. You'll show your ID and answer questions about your personal information. Some banks specialize in accounts for people new to banking or new to the country.
What if I've been denied a checking account before?
Banks use ChexSystems, a database of banking history, so they will see past problems. However, many banks offer second-chance checking accounts designed for people who have had overdrafts, bounced checks, or closed accounts. These accounts may have higher fees or lower limits, but they let you rebuild your banking history. Search for "second chance checking" plus your state to find banks in your area.
Do I need a minimum deposit to open an account online?
It depends on the bank. Online-only banks like Ally and Chime often have no minimum deposit—you can open with $0. Traditional banks usually require $25 to $100 to open. Credit unions vary. Check the specific bank's website to see their minimum before you apply.
Can I use my account before my debit card arrives?
Yes. Most banks give you a temporary card number through their app that you can use online or add to a mobile wallet (Apple Pay, Google Pay) for in-person purchases. You can also transfer money, pay bills, and set up direct deposit before the physical card arrives. Some banks let you order a rush card for an extra fee.
What if I want to close the account later?
You can close a checking account online through the bank's website or app, or by calling customer service. Make sure your balance is zero and all pending transactions have cleared before you close it. Some banks charge a fee if you close the account within a certain period (usually 90 to 180 days), so check the account agreement.