FAQs
Summary: Easiest Bank Accounts To Open in 2024
| Account | Approximate time to complete application | Minimum opening deposit |
|---|
| SoFi Checking and Savings Account: Best for Member Perks | 1 to 3 minutes | $0 |
| Varo Bank Account: Best for Cash Advances | 2 to 3 minutes | $0 |
| Wise: Best for Non-Residents | 1 to 3 minutes | |
Jun 7, 2024
Consumers can open checking, savings and money market accounts online without having to visit a bank branch or make a phone call. Decide which bank to do business with, then choose the account type to open by comparing features.
Does Chase give you $200 for opening an account? ›
Once approved, you have 90 days to set up a direct deposit directly to the new checking account. With the direct deposit confirmed, Chase promises to deposit your free $200 within 15 days automatically. It's that simple. The Chase Total Checking account does have a few requirements to avoid a $12 monthly fee.
Which bank account can be open online with zero balance? ›
Yes, ICICI Bank offers the convenience of opening a zero balance account online, allowing customers to avoid the hassle of visiting a branch. With this feature, customers can easily open an account without worrying about maintaining a minimum balance.
Which bank is fastest to open an account? ›
You can seamlessly open an IDFC FIRST Bank Savings Account both online and offline. To open a savings account online in less than two minutes, click here. If you want to open a savings account offline, simply walk in to your nearest IDFC FIRST Bank branch.
What bank does not do a credit check to open an account? ›
Compare the best banks with no credit check
| Bank | Best for | Monthly fees |
|---|
| Bank of America | Flexible banking | $0 or $12 |
| Truist | No overdraft fees | $12 (can be waived) 3 |
| Chime® 4 | Ease of use | None |
| Varo | Cash advances | None |
5 more rowsYour instant Savings Account or Salary Account is fully functional in 4 easy steps:
- Enter your details using Aadhaar.
- Validate your details using OTP.
- Enter other account related information.
- Complete your Video KYC.
Some don't even need to look at your credit and banking history before letting you open an account. The financial institutions we recommend with the easiest bank accounts to open online include Discover® Bank, SoFi, U.S. Bank, and Bank of America.
Which bank is easy to open an account? ›
Easiest-to-get basic bank accounts
| TABLE_CELL_STYLE | Co-op Cashminder | Virgin Money M Account |
|---|
| Allows direct debits and standing orders | Yes | Yes |
| Free access to UK ATMs | Yes | Yes |
| In-credit interest | Nil | Nil, but has linked saver paying 3.03% |
| Unpaid direct debit charge | Nil | Nil |
8 more rowsChase Total Checking® + Chase Savings℠: $900 bonus
If you open both a Chase Total Checking account and a Chase Savings account, you can earn a $900 bonus. That's the $300 bonus for a new checking account and the $200 bonus for a savings account, plus $400 extra.
For the $900 bonus, you need to open both the checking and savings accounts at the same time and meet all the requirements for each. Do that, and the full bonus amount will be yours, deposited within 15 days. Remember, these bonuses are treated as interest, and thus, they will be disclosed on the IRS Form 1099-INT.
What bank gives you money just for opening an account? ›
The 10 best checking account bonuses for June 2024: earn up to $700
| Bank & account | Bonus amount | Direct deposit required |
|---|
| Chase: Chase Total Checking | $300 | $500 |
| Citibank: All Citibank checking accounts | $300 | $1,500 |
| Key Bank: Key Smart Checking | $200 | $500 |
| Fifth Third Bank: Preferred Checking | $200 | $500 |
6 more rows2 days ago
Summary of Best Free Checking Accounts With No Deposit
| Account | Forbes Advisor Rating | Minimum Deposit Requirement |
|---|
| Discover® Cashback Debit Checking | 5.0 | $0 |
| SoFi Checking and Savings Account | 4.6 | $0 |
| NBKC Bank Everything Account | 4.6 | $0 |
| Connexus Credit Union Xtraordinary Checking | 4.6 | $0 |
1 more rowJun 7, 2024
Open a TD Checking Account online in minutes—it's easy and secure. With accounts built for every stage of life, you'll get free Online Banking, Mobile Banking, no fees at TD ATMs, plus overdraft options to help you avoid fees.
How can I open a bank account online with no money? ›
You can open a bank account online without immediately making a deposit. Some banks don't have any minimum opening deposit requirement. However, if you don't make a deposit within a certain amount of time, the bank may close the account.
Which is the easiest bank to open an account with? ›
Monzo: Monzo is a popular digital bank with an easy app and account opening. Its mobile app makes signup easy. Starling Bank: Like Monzo, Starling Bank has a quick account opening and mobile app. They prioritise a fast customer experience.
What is the easiest bank to get approved for a checking account? ›
What are the easiest bank accounts to open online?
| Bank | Best for | Time to apply |
|---|
| Bank of America | Flexible banking | About 10 minutes |
| Chime 4 | Bad credit | Under 5 minutes |
| Chase | Higher balances | About 10-15 minutes |
| Current | Debit card rewards | About 5 minutes |
12 more rowsFollowing are the pre-requisites for opening of the account through online mode.
- Aadhaar card.
- Mobile linked to Aadhaar for OTP.
- PAN card.
- Recent scanned image of photograph-Size Up to 1 Mb.
- Scanned image of address proof of address (POA) -Size up to 1 Mb.
- Scanned image of Proof of Identity - Size up to 1 Mb.
