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What should I know before opening a checking account?

Research Your Checking Account Options One of the things to know before opening a bank account is that you have a lot of options. Begin by deciding whether you want an online-only checking account or one with a local branch.

What questions should you ask when opening a bank account?

• ATM access If you’re opening an account at a traditional bank, you may ask a secondary question about where branches are located. With an online bank, you might want to review features like direct deposit, mobile check deposit, or whether you can deposit cash at an ATM. 2. What Is the Minimum Deposit to Open an Account?

How do I open a bank account?

Gather your important information (ID, proof of address etc.). Fill out an application online or in person. Pay your opening deposit (if required). Start using your checking account. When opening a checking account, ask about special offers or bank bonuses for new customers.

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