Yes, you can open a first bank account online, but not all banks let you do it the same way

Most large banks and online-only banks let you open a checking or savings account entirely online, without visiting a branch. You can do this from your phone or computer, usually in 10 to 20 minutes. However, some banks still require you to come in person or verify your identity in a different way, so the process depends on which bank you choose and what type of account you want.

The main catch is that banks need to confirm who you are before they open an account. Online banks do this through your Social Security number, address, and sometimes a video call or text message. If you don't have a Social Security number yet, or if your credit history is very new, some banks may ask you to visit a branch instead.

Key Takeaways

  • Most online and large national banks let you open a checking account on their website or app without visiting a branch.
  • You will need a Social Security number, a valid ID, a current address, and usually an initial deposit (which can be as small as $1 at some banks).
  • The bank will verify your identity using information you provide online, sometimes through a video call or text message.
  • If you have no credit history or no Social Security number, some banks may require you to open an account in person at a branch.
  • The whole process usually takes 10 to 20 minutes, and your account can be ready to use the same day.

What documents and information you need to have ready

Before you start, gather these items: a valid government-issued ID (driver's license, passport, or state ID card), your Social Security number, your current address, and your phone number. Some banks also ask for your employment information or income, though this is less common for a basic checking account.

You will also need a way to make an initial deposit. Many banks let you transfer money from another bank account, or deposit a check by taking a photo of it with your phone. Some banks waive the initial deposit entirely, while others ask for a minimum of $1 to $25. Check the bank's website to see what they require before you start.

How the online identity verification process works

When you fill out the process online, the bank will ask you personal questions to confirm you are who you say you are. These questions come from your credit history and public records — things like "What was the name of your first pet?" or "Which address did you live at in 2019?" You answer a few of these questions, and the bank's system checks your answers against what they have on file.

Some banks also ask you to take a photo of your ID and a selfie, or to have a brief video call with someone at the bank. This is called identity verification, and it helps the bank make sure you are not opening an account using someone else's information. The video call, if required, usually takes just a few minutes.

If the bank cannot verify you online — for example, if you are very young and have no credit history — they will tell you that you need to come to a branch in person. This is not a rejection; it just means that particular bank needs to see your ID face-to-face.

Banks that make online account opening easiest for first-time customers

Large national banks like Chase, Bank of America, and Wells Fargo let you open a checking account online on their websites. Online-only banks like Ally, Charles Schwab, and Discover also offer online account opening and often have lower fees or no monthly fees.

Community banks and credit unions vary. Some let you open online; others require you to visit a branch or mail in documents. If you are opening an account at a smaller bank, call them first or check their website to see whether online opening is available.

If you are under 18, some banks require a parent or guardian to open the account with you, either online or in person. A few banks offer teen checking accounts that can be opened online with parental consent. Check the bank's website for their age policy before you start.

What happens after you submit your online process

Once you finish the process and the bank verifies your identity, you will usually get a confirmation on the screen or by email within a few minutes. Your account number and routing number will appear in your online banking portal or app, often the same day.

You can start using your account right away for transfers and bill payments. However, if you ordered a debit card, it will arrive by mail in 7 to 10 business days. Some banks offer a temporary digital card you can use online or with your phone while you wait for the physical card.

If your process is not approved when ready, the bank will send you a letter explaining why and what you can do next. This might mean they need more information from you, or it might mean you need to open an account in person at a branch.

When you may need to open an account in person instead

If you have no Social Security number, no credit history, or no valid ID, most banks will ask you to come to a branch. Immigrants who are new to the country, young people opening their first account, and people without a driver's license sometimes fall into this group.

Some banks also require in-person opening if you want to deposit cash when ready, though most now let you transfer money from another account online instead. If you are unsure whether you can open online, call the bank's customer service line or visit a branch and ask — they can tell you what route will work for your situation.

Frequently Asked Questions

Do I need to have money in another bank account to open online?

No. You can open an account with no initial deposit at many banks, or with as little as $1. If you want to fund the account right away, you can transfer money from another bank account, deposit a check by photo, or wait until you receive your debit card and deposit cash at an ATM.

What if the bank's identity verification questions ask about things I don't remember?

If you cannot answer the questions correctly, tell the bank. They will usually offer another way to verify you, such as a video call or uploading a photo of your ID. You can also visit a branch in person with your ID and open an account that way.

Can I open an account if I have been denied a bank account before?

Yes. Banks use different systems to check your history, so one bank's decision does not affect another. If you were denied before, try a different bank or ask the bank that denied you what you can do to open an account in the future.

How long does it take to get my debit card after I open online?

Physical debit cards usually arrive in 7 to 10 business days. Many banks offer a digital card you can use when ready on your phone or online while you wait. Some banks also let you pick up a card at a branch the same day you open the account.

What if I make a mistake on my process?

Contact the bank's customer service right away. They can usually correct small errors like a misspelled name or wrong phone number before the account is fully opened. If the account is already open, you can update your information in your online banking portal.