How to Open a Bank Account Online in 4 Steps
Have your contact information and proof of identity ready, and be prepared to fund your new account.
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How to Choose a Bank
Rates, fees and easy access to customer support are just some factors to consider when choosing a bank.
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How to Set Up Direct Deposit
Get a direct deposit form from your employer, fill it in, attach a check or deposit slip, then submit it.
How to Switch to a New Bank or Credit Union
Choose a bank with low fees and high interest rates. Open the new account. List bill payments, deposits and services from the old bank, transition items from your list, then close the old account.
Kids Savings Accounts: What You Need to Know
Opening a savings account for your child is a good way to introduce saving and budgeting concepts.
Joint Bank Accounts: How and When They Work
Joint bank accounts are owned by two or more people and are helpful for families and partners who want to manage money together.
Are CDs Worth It?
Certificates of deposit can help with savings goals, but consider their pros and cons.
What Is Online Banking? Definition, Pros and Cons
Online banks operate without branches. They tend to pay higher rates and charge lower fees than traditional banks.
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What Is APY? Annual Percentage Yield Definition and How It’s Calculated
An annual percentage yield, or APY, is the rate of return on money in a bank account.
How Undocumented Immigrants Can Get Bank Accounts
Some banks let you open an account with an ITIN or passport instead of a Social Security number.
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How to Fill Out a Money Order Step-by-Step
Fill in the recipient and your address; for bills, include an account number; sign it; keep proof of payment.
Money Market vs. CD: What’s Better?
CDs have higher rates but offer less access to your money than MMAs.
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What Is a Personal Check — and Is It Still Useful?
A personal check is drawn from your personal checking account. Checks are still required for some payments.
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Second Chance Checking Accounts Across the U.S.
Second chance checking accounts are an option if you've been rejected for an account due to your banking history.
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What the September 2026 Fed Rate Hike Means for CDs
Increases to the federal funds rate can raise yields on certificates of deposit.
CD Early Withdrawal Penalty: What to Know and How to Avoid It
This penalty can cost several months’ to years' worth of interest earned.
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What Is a Bank Statement?
A bank statement is a monthly document that shows a summary of the money that goes in and out of your accounts. Check for errors, fees and any interest earned.
Wire Transfer Fees: What Banks Charge
Based on NerdWallet data, the median outgoing wire transfer in the U.S. costs $25. But you can find free wire transfers and cheaper ways to send money.
Is Online Banking Safe? How to Boost Your Banking Security
To increase online banking safety, use secure networks, create strong passwords and choose a bank or credit union that has industry-standard security technology.