Yes, you can open most bank accounts entirely online
You can open a checking or savings account from your computer or phone without ever walking into a branch. Most banks and credit unions now let you start the process online, upload documents, and get approved within hours or a few days. The account is real and fully functional — you can deposit checks by phone camera, transfer money, and use a debit card once it arrives.
The catch is that banks still need to verify who you are. They do this through documents you upload (like a driver's license or passport) and sometimes through questions about your financial history. A few banks use video calls instead of documents. The whole process usually takes less time than visiting a branch would.
Key Takeaways
- Most banks and credit unions let you open a checking or savings account online by uploading a photo ID and proof of address.
- You will need a valid government-issued ID, a Social Security number, and proof of your current address to complete the process.
- Banks verify your identity using documents you upload or sometimes through a video call with a representative.
- Your account can be active and ready to use within a few hours to a few business days, depending on the bank.
- Some banks have lower fees or no minimum balance if you open online, while others charge the same whether you open in person or remotely.
What documents you need to have ready
Before you start, gather a government-issued photo ID (driver's license, passport, or state ID card), your Social Security number, and proof of your current address. The proof of address is usually a recent utility bill, lease, or bank statement with your name and address on it — something dated within the last 60 days works for most banks.
Some banks also ask for your employment information or recent pay stubs, though this is less common for basic checking accounts. If you are opening an account at a credit union, you may need to show that you are may be able to access to join — for example, that you work in a certain industry or live in a certain area. Check the credit union's website first to confirm you meet their membership rules.
How the identity verification process works
When you fill out the online form, the bank asks for your personal information: name, date of birth, address, and Social Security number. You then upload a photo of your ID — usually both the front and back. The bank's system checks this against databases to confirm the ID is real and matches the name you provided.
Some banks also ask you to upload a photo of a utility bill or other proof of address. Others use a third-party service that checks public records to confirm your address. A few banks, especially those focused on people new to banking, use video verification instead — a representative calls you or you join a video chat, and they look at your ID on camera.
This verification step is required by federal law. Banks must confirm your identity to prevent fraud and money laundering. It is not optional, but it usually takes just a few minutes of your time.
Banks and credit unions that let you open accounts online
Large national banks like Chase, Bank of America, Wells Fargo, and Citibank all let you open checking and savings accounts online. Smaller online-only banks like Ally, Charles Schwab Bank, and Discover Bank operate entirely online — they have no physical branches, so opening online is the only way to join.
Credit unions also offer online account opening, though the process varies. Some credit unions let you complete everything online, while others require you to sign documents in person or by mail. Check your local credit union's website or call them to ask whether they offer full online opening.
Online-only banks often have lower fees and higher interest rates on savings accounts because they do not pay for physical branches. National banks may charge monthly fees unless you keep a minimum balance or set up direct deposit. Compare a few options before you choose — the lowest-fee option depends on how you plan to use the account.
What happens after you submit your information
Once you upload your documents, the bank reviews them. This usually takes a few hours to a few business days. You will get an email or text message telling you whether your account is approved. If it is approved, your account number and routing number are sent to you when ready, even if your debit card has not arrived yet.
You can start using your account right away in most cases. You can set up direct deposit, transfer money from another account, or deposit checks using your phone's camera (called mobile check deposit). Your debit card typically arrives by mail within 7 to 10 business days.
If the bank needs more information, they will contact you by email or phone. This sometimes happens if your documents are blurry, if your address does not match public records, or if the bank's system flags something for manual review. Responding quickly — usually within a day or two — helps speed up the process.
Why some banks might decline your online process
Banks can decline an online process if they cannot verify your identity, if you have a history of fraud or unpaid accounts, or if you appear on certain government watchlists. Some banks also decline applications from people who do not have a Social Security number or a U.S. address.
If you are declined, the bank will tell you why in writing. If it is because of your credit history or past banking problems, you may still be able to open an account at a bank that specializes in second-chance banking — these banks have fewer restrictions and focus on people rebuilding their financial history. If it is because you do not have a Social Security number, you may be able to use an Individual Taxpayer Identification Number (ITIN) instead, though not all banks accept this.
Opening an account online if you are new to banking
If you have never had a bank account before, opening online is still possible, though some banks are more welcoming than others. Banks that focus on underbanked or unbanked people — like Chime, GoBank, or some credit unions — often have simpler online processes and do not require a minimum balance.
You will still need a government-issued ID and a Social Security number or ITIN. If you do not have either, you will need to get them first. A state ID card (different from a driver's license) can be obtained at your local DMV, and an ITIN can be obtained through the IRS if you do not may have access to for a Social Security number.
Starting with a basic checking account online is a good first step. Once your account is open and active for a few months, you can add a savings account or explore other banking products.
Frequently Asked Questions
Can I open a bank account online if I do not have a driver's license?
Yes. You can use a passport, state ID card, or other government-issued photo ID. If you do not have any of these, you will need to get one first — a state ID card is available at your local DMV and does not require a driver's license.
How long does it take to get approved for an online bank account?
Most banks approve online applications within a few hours to a few business days. Some online-only banks approve within minutes. Your debit card usually arrives by mail within 7 to 10 business days, but you can use your account before the card arrives.
Do I need a minimum balance to open an account online?
It depends on the bank. Some banks require a minimum opening deposit (often $25 to $100), while others let you open with zero dollars. Online-only banks and credit unions are more likely to have no minimum. Check the bank's website before you start the process.
What if I do not have proof of address?
Most banks accept a utility bill, lease, or recent bank statement. If you do not have any of these, some banks will accept a government document with your address, a letter from your employer, or a letter from a government agency. Call the bank to ask what they will accept in your situation.
Can I open an account online if I have had banking problems in the past?
It depends on what happened and which bank you choose. Large national banks may decline you if you have unpaid accounts or fraud on your record. Banks that specialize in second-chance banking are more likely to work with you. You can also try a credit union, which sometimes has more flexible policies than national banks.