How to Open a Checking Account on the Internet
People traditionally go to their local bank branch when they want to open a checking account. As the Internet has become more and more popular, however, an increasing number of individuals choose to open checking accounts online with institutions such as U.S. Bank, Bank of America and Ally Financial. Opening a checking account online is often faster than driving to your local bank, and it allows you to compare bank fees so that you can get the best deal on your checking account.
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Instructions
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Make a list of potential banks that you might like to use for your checking account. Most people focus on banks that have a local bank branch nearby so that they can easily make deposits and withdrawals.
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Visit the Web sites of the banks on your list and compare the online checking account fees and requirements. Some banks charge monthly or annual fees, while others require you to maintain a minimum balance in the checking account.
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Select the bank you would like to use and click on the button that allows you to open a checking account.
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Choose the type of checking account you would like to open. Many banks offer low-fee or free accounts for certain types of customers, such as college students or senior citizens.
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Enter your personal information as required by the bank. Most banks require you to provide basic information such as your address, phone number, Social Security number and e-mail address. Some banks may also ask you to provide information pertaining to where you work or whether you already have a checking account with them.
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Complete the registration process and click the button that allows you to finalize your account. Many banks will allow you to immediately fund and utilize your new checking account, although some banks may require you to mail in a copy of your signature or verification of your employment for their records.
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References
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