How to Open a Bank Account

by TH39695 in Living > Organizing

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How to Open a Bank Account

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This instructables show you step-by-step on how to open an account.

Supplies

  • Valid Identification
  • Social Security Number
  • Minimum money to open account with

Choose Your Bank

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Choose the bank or credit union that is correct for you. Credit union tend to have lower fees and better interest rates on savings accounts and loans. Banks often have more branches and ATMs nationwide.

What Account?

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Pick the type of account you want. Whether it's a savings account or checking account.

Go Visit the Bank

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Next, you need to visit the bank and tell them you would like to open an account

Ask Questions

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Ask important questions about the account, such as “Do it have a monthly fee?”, “Is there a minimum balance required?”, “What is the interest rate?”, “What kind of overdraft protection does the account offer?”

Give the Necessary Info

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Give the necessary information to create your account. If you are under 18, you’ll need someone over the age of 18 to open the account with you.

Keep It Safe

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Keep the documents with your account and routing number in a safe place.