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Should you open a bank account online?

If you’re looking to open a bank account online for your everyday needs, a checking account may be the way to go. A checking account is often used for day-to-day deposits and withdrawals. With a checking account, you can access your money with a debit card, through bank wire transfers or by writing checks.

How do I open a checking account online?

1. Choose the checking account 2. Gather your personal information 3. Fill out and submit the application 4. Fund your account 5. Finish setting up the account Knowing how to open a checking account online can give you the push to join a new bank or credit union. The application process can take just a few minutes if there are no hitches.

Can I open a bank account online without a deposit?

You can open an account online without a deposit at Chase, Chime, Ally, Albert, Discover, and Capital One. However, when opening an account online with no initial deposit, some banks will require you to deposit money into the account within a certain number of days, or the account will be closed.

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