Opening a US Bank Account

A bank account is the basis for receiving pay, paying rent, and online payments. Opening one early makes life easier.

Account types

• Checking: for everyday deposits, withdrawals, and payments
• Savings: for saving and earning interest

Tips for opening

Always check how to waive the monthly maintenance fee (minimum balance, direct deposit, etc.). Without an SSN, many banks accept a passport plus an ITIN. Setting up a debit card, online banking, and autopay together helps with building credit and paying bills.