If you are looking for free checking accounts with no deposit you are most likely have a difficult time finding a bank that will offer you this deal. Although these types of checking accounts can be hard to find, there are some banks that will offer you this special checking account promotion, you just have to know where to look.
You will have the best luck finding free checking accounts with no deposit with online banks or banks that do most of their business with online customers. It’s hard to find a local bank that would be willing to give you a free checking that didn’t’ require a deposit to open the account.
My recommendation would be to check out the major online banks that are well-known for their special account promotions. Some of these banks include Bank of America, Chase Bank, Wachovia, and US Bank. These banks may not be offering free checking accounts with no deposit all the time, but you may be able to come across a special they are running. This is probably the best way to get this type of account. You can sign up at the websites to get emails about checking account deals that they may run throughout the year so that you can be notified about this type of promotion.
Another way you may be able to find a free checking with no deposit is to contact your local bank whom you already have accounts with. Sometimes if you already have money with the bank or credit union, they are willing to work with you a little bit more. They may be willing to open a free checking account for you and not require you to put down a deposit for a certain amount of days.
Finding a free checking account with no opening deposit is definitely not an easy task. It may take you some time of research and calling banks before you can find one of these accounts. If you really need a checking account now, it may be a good idea to come up with at least some money you can use as a deposit so that you can have better choices for your checking account. Some banks will only require as little as $25 for a deposit and there are even some banks that only require $5.
If you are set on free checking accounts with no deposit, just expect to be turned down by a few banks before you are able to find one that will accept these terms. Be sure to check the major online banks first as this may be your best bet for finding this type of account.