Banking & Money
Essential Services
Open a US bank account and understand the financial system.
What is a Checking Account?
A checking account is for everyday transactions - paying bills, receiving your paycheck, using a debit card. Different from savings accounts which are for storing money.
Debit vs Credit Card
Debit card: Spends money directly from your checking account. Get one when you open your account.
Credit card: Borrows money that you pay back monthly. Important for building credit history.
Why Credit History Matters
Your credit score affects your ability to rent an apartment, get a car loan, and sometimes even job applications. Start building credit early with a secured credit card.
Resources
Bank of America - Newcomer Banking
Offers accounts for people new to the US with minimal requirements.
Visit WebsiteChime - No Credit Check Banking
Online bank account with no fees, no minimum balance, and no credit check. Includes a secured credit card to build credit.
Visit WebsiteCredit Karma - Free Credit Monitoring
Free credit score monitoring, credit reports, and financial recommendations. Essential for tracking your credit history.
Visit WebsiteZelle
Send money instantly between US bank accounts for free. Built into most major banking apps.
Visit WebsiteVenmo
Popular peer-to-peer payment app for splitting bills, rent, and everyday payments.
Visit Website