Bank Accounts With No Minimum Deposit

Two different things get called "no minimum": no initial deposit to open the account, and no minimum balance to keep it alive. Banks write these as separate clauses, and plenty of accounts satisfy the first but not the second — you can open with zero, but drop below a threshold and a maintenance fee kicks in. Every account listed here requires no initial deposit, meaning you do not have to transfer money in on day one. Whether a balance must be maintained later is shown in the "Min balance" column.

Data verified: 2026-10-09 · Compiled from published bank terms