For many, opening a US bank account online is the way to go, whether you’re a resident, expat, or a non-resident. While the process differs by bank, it’s usually user-friendly.
If you’re looking to open a US bank account online, you’re in luck! Several banks, both traditional and online-only, offer this convenience. Below, we’ve compiled a list of notable options to help you choose the right fit for your banking needs:
- Chase Bank: This institution is well-known for its diverse selection of banking products and an expansive branch network. They offer a variety of account types, including checking and savings, and provide convenient online application options.
- Bank of America: A leading national bank offering a variety of checking and savings accounts, with the convenience of online account opening.
- Wells Fargo: Offers a wide array of banking services with the option to open accounts online. Known for its nationwide presence and comprehensive financial services.
- Citibank: A global bank with a significant presence in the U.S., offering various account types that can be opened online.
- U.S. Bank: Provides a range of banking products, including checking and savings accounts, with online application facilities.
- Capital One: Known for its credit card offerings, Capital One also provides checking and savings accounts that can be opened online.
- Ally Bank: An online-only bank offering competitive interest rates on savings and checking accounts, with the entire application process online.
- Discover Bank: Another online-only bank, well-known for its savings accounts, checking accounts, and personal loans, all accessible online.
- Simple: An online-only banking platform offering checking accounts with built-in budgeting and savings tools.
- Chime: A fintech company offering online-only checking and savings accounts, known for its user-friendly app and automatic savings features.
- Varo Bank: An all-digital bank offering online banking with no monthly maintenance fees.
- Axos Bank: Provides a range of online banking services including checking, savings, and business banking.
- TD Bank: Offers a variety of account types, and is known for its extended hours and customer service.
- PNC Bank: Offers innovative online and mobile banking solutions along with traditional checking and savings accounts.
- Charles Schwab Bank: Known for its investor-friendly approach, offering checking and savings accounts that can be managed online.
Things to Consider When Choosing an Online Bank:
- Fees: Look out for monthly maintenance fees, ATM fees, and overdraft fees.
- Interest Rates: Compare the interest rates offered on savings accounts.
- ATM Access: Check if the bank provides free access to a nationwide network of ATMs.
- Mobile Banking Experience: Ensure their mobile app meets your needs for banking on-the-go.
- Customer Service: Consider the availability and quality of customer support.
Each bank has its own set of features and benefits, so it’s advisable to research and compare these factors based on your personal banking needs.