Yes, you can open most bank accounts entirely online
Most banks and credit unions now let you open a checking or savings account from your computer or phone without stepping into a branch. You upload a photo of your ID, answer questions about yourself, and fund the account—sometimes within minutes. The account number and debit card arrive by mail a few days later.
The speed and ease depend on which bank you choose and what type of account you want. Some banks finish the process in under 10 minutes. Others ask more questions or require you to verify your identity through a video call. A few still require an in-person visit for certain account types, though this is becoming rare.
Key Takeaways
- Most online banks and large national banks let you open a checking or savings account from home using your ID and a few pieces of personal information.
- You will need a valid government-issued ID (driver's license, passport, or state ID), proof of address, and usually a Social Security number or tax ID.
- The entire process typically takes 10 to 30 minutes, though some banks may ask you to verify your identity through a video call, which adds time.
- Your account opens immediately in most cases, but your debit card and checks arrive by mail within 5 to 10 business days.
- Online-only banks often have lower fees and higher interest rates than traditional banks, but they have no physical branches if you need in-person help.
What documents and information you need to have ready
Before you start, gather a valid government-issued ID—a driver's license, passport, or state ID card. You will also need your Social Security number or Individual Taxpayer Identification Number (ITIN). Have your current address handy; some banks ask for a recent utility bill or lease to confirm it, though many now skip this step.
Some banks ask for your employment information, income level, and whether you have had accounts closed or been reported to ChexSystems (a banking history database). You do not need to have perfect credit or a long banking history to open an account online. If you have been flagged in ChexSystems, you may still open an account at banks that do not check it, or at banks that specialize in second-chance accounts.
The step-by-step process at a typical online bank
Start by visiting the bank's website or downloading their app. Click the button to open a new account—it is usually on the homepage. You will enter your name, date of birth, Social Security number, and current address. The bank runs a quick identity check against public records.
Next, you upload a photo of the front and back of your ID. Most banks accept this instantly through their app camera. Some ask you to take a video selfie while holding your ID to confirm you are the person in the photo. This step usually takes a few minutes and happens right away.
Then you choose your account type (checking, savings, or both), set a PIN for your debit card, and link a funding source. You can transfer money from another bank account, or some banks let you deposit a check by photo. A few banks waive the initial deposit, but most require $25 to $100 to open the account.
Once you submit everything, the bank either approves you immediately or sends you an email within a few hours. Your account number appears on screen or in the app right away. Your physical debit card ships within 5 to 10 business days, and checks (if you ordered them) arrive separately.
Differences between online-only banks and traditional banks with online options
Online-only banks (like Ally, Charles Schwab, or Chime) have no physical branches. They make up for it with lower fees, higher interest rates on savings, and 24/7 customer service by phone or chat. If you rarely need to deposit cash or speak to someone in person, these banks often cost you less money over time.
Traditional banks with online account opening (like Chase, Bank of America, or Wells Fargo) let you open an account online but also have branches nearby. This matters if you want to deposit cash, get a cashier's check, or talk to someone face-to-face. The trade-off is that these banks usually charge higher monthly fees and pay lower interest on savings.
Credit unions also let many members open accounts online, though some still require an in-person visit for the first account. Credit unions typically have lower fees and better customer service than large banks, but you must live or work in their service area or meet other membership rules.
When a bank might ask you to visit in person or do a video call
Most banks complete the entire process online, but some situations trigger an extra step. If your ID does not scan clearly, the bank may ask you to take another photo or do a video call with a representative. If your name or address does not match public records, they may ask you to verify information by phone or video.
If you have been flagged in ChexSystems or have a history of closed accounts, the bank may require a video call to discuss your banking history before approving you. This is not a rejection—it is a verification step. The call usually takes 5 to 10 minutes.
A small number of banks still require an in-person visit for business accounts or certain savings products, but this is uncommon for personal checking and savings accounts. If a bank's website does not clearly state that you can open an account fully online, call their customer service line to confirm before you start.
How to fund your new account and when money appears
Most banks let you link an existing bank account and transfer money electronically. This is the fastest method—money usually arrives within 1 to 3 business days. Some banks offer instant transfers if you link a debit card instead of a bank account, though a small fee may apply.
If you do not have another bank account, many banks let you deposit a check by taking a photo of the front and back through their app. The check clears within 1 to 5 business days depending on the amount and the bank's policy. Some banks also accept wire transfers or ACH transfers from an employer's payroll system.
A few online banks waive the initial deposit requirement, so you can open an account with $0 and fund it later. Check the bank's website to see if this applies to you. If you need cash deposited immediately, an online-only bank may not be the right choice—you would need a bank with ATMs or branches in your area.
What happens after your account opens
Your account is live and usable immediately through the app or online banking portal. You can set up direct deposit, transfer money, and pay bills right away. However, your physical debit card arrives by mail in 5 to 10 business days, so you cannot use it in stores or at ATMs until it arrives.
Some banks issue a temporary digital card number you can use online or add to your phone's digital wallet (Apple Pay, Google Pay) while you wait for the physical card. Check your app or email to see if this option is available to you.
Once your debit card arrives, activate it through the app or by calling the number on the back. You can then withdraw cash from ATMs, make purchases, and use it like any other debit card. If you ordered checks, they arrive separately and usually take 7 to 14 business days.
Frequently Asked Questions
Do I need a credit card or existing bank account to open an account online?
No. You need a valid ID and Social Security number, but not a credit card or existing bank account. Some banks ask you to link a funding source to deposit money, but many let you skip this and fund the account later, or they waive the initial deposit entirely.
What if I do not have a Social Security number?
You can use an Individual Taxpayer Identification Number (ITIN) instead. Some banks accept ITINs without question; others require you to call and speak to a representative. If you are having trouble, look for banks or credit unions that specifically state they accept ITINs on their website.
Can I open an account if I have been denied before or closed an account?
Yes. Banks that check ChexSystems may decline you if you have unpaid overdrafts or fraud on your record, but many banks do not check ChexSystems at all. Online banks, credit unions, and some traditional banks offer second-chance accounts specifically for people with banking history issues. Search for "second chance bank account" to find options in your area.
How long does it take to get my debit card after I open the account?
Your account opens immediately and is usable through the app or website. Your physical debit card arrives by mail in 5 to 10 business days. Some banks issue a temporary digital card number you can use online or in your phone's digital wallet while you wait.
Can I open multiple accounts at the same bank online?
Yes. Once your first account is open, you can usually open additional checking or savings accounts through the app or website without repeating the full verification process. Some banks limit how many accounts you can open in a certain time period, so check their rules first.