In this article, we'll walk you through the advantages and requirements of having a debit account in the United States. It's worth noting that the world's financial center is New York, home to the most important payment hubs where the world's top-ranked financial institutions are connected. That's why having an account in the United States is essential if you do business globally.

Why Having a Debit Account in the United States Matters

Here are the advantages of having a debit account in the United States and what it means to have one — among the most notable benefits:

Cost: The cost to open an account in the U.S. is actually minimal, largely thanks to the digital account types available today. This gives you the ability to handle financial transactions smoothly with the people you want to do business with.

Requirements: Requirements are usually basic, as long as you're of legal age and have some form of address documentation. If you're a foreigner, it's possible to open an account in the United States without a long list of requirements or needing to be physically present.

Control: You can track fees, deductions, and payments made through the platform — for that, we recommend reading: How to Manage My Money in a Debit Account.

Ideal for Freelancers: If you do remote work, global companies typically require an account on some payment platform. For that, you'll need a U.S.-based account. That's why it's worth opening one, so you can meet the requirements of that payment platform.

Security: You get the security that comes with U.S. regulation. On top of that, funds are protected by the Federal Deposit Insurance Corporation (FDIC).

Options: There's a wide variety of ways to get a U.S. account, and among the main options is starting with a debit account, which offers alternatives for people who want an account without being a U.S. resident.

General Requirements to Open an Account in the United States

The requirements listed here are for opening a general account — keep in mind that requirements vary by account type. Among the requirements U.S. financial institutions typically ask for:

ID document: Issued by your country of residence's government (passport, national ID, or identity card depending on your country of origin).

Proof of residence: A current utility bill showing your physical address. It must include a zip code.

Email address: So the confirmation email can be sent this way if you open the account through a platform or app.

Mobile device: To authenticate transactions made through the bank's platform.

If you want to open an account in the United States, there are several options and account types available. Just choose the one that fits your needs, requirements, and that you can comfortably and securely meet the requirements for.

‍

What Today's Banking Customers Want

Today's banking consumers are no longer satisfied with just basic financial transactions. They want seamless digital experiences, personalized services, and round-the-clock accessibility. With the spread of smartphones and internet connectivity, customers expect banking services to be available at their fingertips, anytime and anywhere. They also demand transparency, security, and efficiency in every interaction with their financial institutions.

Understanding and meeting these changing needs is crucial for banks to attract and retain new customers in an increasingly competitive landscape.

Better Experiences Are Essential for Deposit Growth and Customer Loyalty

In an era where switching banks is easier than ever, delivering a superior customer experience has become essential for deposit growth and maintaining customer loyalty. Banks that prioritize user-friendly interfaces, intuitive mobile apps, and responsive customer support are more likely to succeed in building solutions integrated with customer data. Beyond the transactional aspect, customers value proactive financial advice, personalized product recommendations, and tailored communication.

By investing in emerging technologies that improve customer experiences, many banks can build stronger relationships with their customers and position themselves as trusted financial organizations for the long term.

Technological and Industry Shifts

In banking, the traditional advantages that once set institutions apart are gradually eroding. With the rise of fintech startups and tech giants entering the financial services space, banks face unprecedented competition. Legacy systems and processes that used to be barriers to entry are now being disrupted by innovative technologies and agile business models.

Banking Designed for Your Life in the USA

Open your bank account¹ in 3 minutes with your country's ID²

Open your account

Banking Is Losing Its Traditional Advantages

Historically, banks held monopolies on financial services due to their physical presence, regulatory barriers, and established customer trust. However, the arrival of digital banking and the spread of online-only banks have challenged this status quo. Traditional advantages like branch networks and long-standing reputations are no longer as significant in a digital era where convenience and efficiency come first.

Technological Advances Shaping the Banking Industry

Technological advances are driving profound change in the banking industry, redefining how financial services are delivered and consumed. From artificial intelligence (AI) and machine learning to blockchain and cloud computing, banks are leveraging cutting-edge technologies to streamline operations, improve security, and improve customer experiences.

AI and Data Advances Accelerating Transformation Possibilities

AI and data analytics are revolutionizing banking by letting institutions gain deeper insight into customer behavior, automate repetitive tasks, and personalize offers at scale. Chatbots powered by natural language processing (NLP) provide instant customer support, while predictive analytics algorithms help identify trends and proactively mitigate risk.

Seamless Technology and Platform Integration Is a Top Priority

Seamless technology and platform integration is essential for banks to deliver cohesive, omnichannel experiences to their customers. Whether through mobile banking apps, online banking portals, or in-branch interactions, customers expect consistent, intuitive interfaces that smoothly meet their financial needs across various touchpoints.

[Video embed — keep as-is: https://www.youtube.com/watch?v=V4FKKe5Zs2A]

Embracing Responsible AI (GenAI)

As banks adopt AI and automation, it's crucial to do so responsibly, considering ethical implications and potential biases. Responsible AI, often called GenAI, involves ensuring fairness, transparency, and accountability in AI-driven decision-making processes. By adopting ethical AI frameworks and governance principles, banks can build trust with customers and mitigate risks associated with AI deployment.

Innovations in AI and data analysis are driving transformative possibilities, while seamless technology and platform integration is now a top priority. Banks must also embrace responsible Generative AI (GenAI) to stay ahead.

Banking as a Service (BaaS)

As traditional banking models evolve, Banking as a Service (BaaS) is emerging as a key trend reshaping the financial landscape. This section explores the key aspects of BaaS, from emerging industry trends to competitive arenas and business models, offering insight into the future of banking.

Emerging Trends in the BaaS Banking Industry

• Collaboration Over Competition: Traditional banks are increasingly partnering with fintech startups and third-party providers to offer specialized financial services. This collaborative approach lets banks leverage innovative technologies and expand their service offerings without needing extensive infrastructure investment.
• API-Driven Ecosystems: Application Programming Interfaces (APIs) play a central role in BaaS, enabling seamless integration of banking services into third-party apps and platforms. Open banking initiatives around the world are driving the adoption of standardized APIs, fostering a more interconnected financial ecosystem.
• Platformization of Banking: Banking services are shifting from product-centric models to platform-centric models, where banks act as enablers of financial transactions rather than just service providers. Platforms offer a diverse range of financial products and services curated from multiple providers, giving customers greater choice and flexibility.

Competitive Arenas and Emerging Business Models in Banking

• Digital Challenger Banks: Digital-only banks, or challenger banks, are disrupting the traditional banking landscape with their agile operations, innovative products, and customer-first approach. These agile startups leverage technology to deliver superior user experiences and challenge incumbents in key market segments. Such is the case with the Común app, which offers financial services for immigrants living in the U.S.
• Embedded Finance: Embedded finance refers to integrating financial services into non-financial apps, like e-commerce platforms, ride-share apps, and social networks. By embedding banking functionality directly into everyday activities, financial transactions become seamless and frictionless for users.

Banking Designed for Your Life in the USA

Open your bank account¹ in 3 minutes with your country's ID²

Open your account

A Look at the Bigger Picture: Everyday Banking

• Mobile-First Solutions: Everyday banking is increasingly mobile-centric, with customers preferring the convenience of managing their finances on the go. Mobile banking apps offer a wide range of features, including account management, bill payments, peer-to-peer transfers, and financial insights, meeting customers' diverse needs.
• Personalization and Predictive Analytics: Banks are leveraging data analytics and AI algorithms to personalize their offerings and anticipate customer needs. By analyzing transactional data and behavioral patterns, banks can deliver personalized product recommendations, tailored financial advice, and proactive alerts, improving customer engagement and satisfaction.

Discover the Future of Banking: Embrace BaaS Innovations Today for Financial Evolution and Empowerment

• Enhanced Customer Experiences: BaaS lets banks deliver enhanced customer experiences by leveraging innovative technologies and partnerships. From frictionless onboarding experiences to personalized financial solutions, BaaS empowers customers to reach their financial goals more effectively.
• Financial Inclusion and Accessibility: BaaS has the potential to drive financial inclusion by extending banking services to underserved and unbanked populations. Through partnerships with fintechs and leveraging digital channels, banks can reach previously inaccessible markets and provide essential financial services to those who need them.
• Agility and Innovation: Embracing BaaS lets banks innovate quickly and adapt to changing market dynamics. By leveraging outside expertise and resources, banks can accelerate the development and rollout of new products and services, stay ahead of the competition, and meet changing customer expectations.

Everyday banking remains the biggest arena, and the future of banking will see financial evolution and empowerment through BaaS innovations.

Regulatory and Compliance Considerations

This section explores the imperative nature of investing in regulatory compliance, the importance of anticipating regulatory action, and the impact of regulatory developments on BaaS. It also discusses predictions for the future of BaaS in light of these regulatory considerations.

Investing in Regulatory Compliance Is Imperative

• Compliance Frameworks: Banks and BaaS providers must establish robust compliance frameworks to adhere to regulatory requirements and industry standards. This includes implementing Know Your Customer (KYC) procedures, anti-money laundering (AML) measures, and data protection protocols to safeguard customer information and mitigate financial risks.
• Risk Management: Investing in risk management practices is essential to navigate regulatory complexities and protect against potential threats. By conducting regular risk assessments and implementing risk mitigation strategies, banks can ensure regulatory compliance while maintaining operational resilience.

Anticipating Regulatory Action

• Proactive Compliance Measures: Anticipating regulatory action lets banks stay ahead of compliance requirements and mitigate regulatory risks effectively. By closely monitoring regulatory developments, engaging with regulatory authorities, and participating in industry forums, banks can proactively address emerging regulatory challenges and adapt their compliance strategies accordingly.
• Regulatory Engagement: Establishing open communication channels with regulatory authorities fosters collaboration and transparency, letting banks address regulatory concerns and seek guidance on compliance matters. By actively engaging with regulators, banks can demonstrate their commitment to regulatory compliance and build trust within the regulatory community.

Regulatory Developments Impacting BaaS

• Global Regulatory Landscape: Regulatory developments, like open banking initiatives and data protection regulations, have a significant impact on the BaaS ecosystem. Financial service providers must stay on top of regulatory changes across different jurisdictions and adapt their operations accordingly to ensure compliance with local laws and regulations.
• Compliance Challenges: Regulatory requirements related to data privacy, cybersecurity, and consumer protection pose significant challenges for BaaS providers. Meeting complex regulatory frameworks requires substantial investment in resources and expertise, demanding a proactive approach to effectively address regulatory concerns.

Banking Designed for Your Life in the USA

Open your bank account¹ in 3 minutes with your country's ID²

Open your account

Predictions for the Future of BaaS

• Regulatory Evolution: The future of BaaS is expected to be shaped by ongoing regulatory evolution, with regulators adapting existing frameworks to address emerging risks and challenges. Predictions suggest regulators will focus on improving consumer protection, promoting market competition, and fostering innovation within the BaaS ecosystem.
• Regulatory Harmonization: As the BaaS landscape continues to evolve, there's a growing need for regulatory harmonization across different jurisdictions to facilitate cross-border operations and ensure a level playing field for market participants. Predictions indicate regulators will collaborate to standardize regulatory requirements and promote interoperability within the BaaS ecosystem.
• Compliance Innovation: Innovations in regulatory technology (RegTech) are expected to play a significant role in driving compliance innovation within the BaaS industry. Predictions suggest BaaS providers will leverage RegTech solutions to automate compliance processes, improve regulatory reporting capabilities, and enhance overall regulatory efficiency.

Investing in regulatory compliance is crucial, since regulatory actions and developments significantly impact BaaS. Predicting future regulatory landscapes helps institutions stay prepared and compliant.

Conclusion

The future of banking services is marked by technological innovation, shifting customer preferences, and evolving regulations. Banking as a Service (BaaS) is reshaping the industry, offering new avenues for collaboration and innovation. Embracing BaaS today unlocks new opportunities to improve customer experiences and drive economic growth.

Regulatory compliance is crucial. Banks must invest in compliance frameworks and anticipate regulatory changes to mitigate risks effectively. Looking ahead, success in banking will depend on agility, innovation, and customer focus. By staying on top of trends, leveraging technology, and prioritizing compliance, banks can thrive in the digital era.

‍

‍

Minimum wage in the United States in 2026

The federal minimum wage remains $7.25 per hour, unchanged since 2009 under the Fair Labor Standards Act.

However, that number does not reflect what all workers earn. Many states, some cities and counties have set higher minimum wages, which means that your legal minimum pay depends on where you work.

Understanding the minimum hourly wage in the USA is not just about knowing the federal number. It's about knowing whether you are being paid what you are legally owed.

Why has it stayed the same for so long?

Changes to the federal minimum wage require approval from Congress. While there have been multiple proposals to increase it, none have passed into law. As a result, the federal rate has not kept up with inflation or the rising cost of living.

In practice, this means the federal minimum wage acts as a baseline, not the standard in many parts of the country.

Minimum wage by state in 2026

Workers must be paid the highest applicable minimum wage, whether it comes from federal, state, or local law.

Below is a representative minimum wage by state table for 2026. It is important to always verify your local rate, as some cities have higher minimums.

Source: https://www.dol.gov/agencies/whd/minimum-wage/state

A few things worth noting: The states in the $7.25 group include states that adopted that rate under state law, while Georgia and Wyoming technically maintain a lower state minimum wage of $5.15 per hour. However, for most employees covered by the Fair Labor Standards Act (FLSA), the federal minimum wage of $7.25 per hour generally applies instead.

Three states have mid-year increases scheduled for 2026: Alaska jumps to $14.00 on July 1, Florida rises to $15.00 on September 30, and Oregon adjusts as well.

States with the highest minimum wage

Some states and cities have set wages far above the federal level to match actual local living costs. The highest minimum wages in 2026 are found in:

• Washington, D.C. at $17.95
• Washington State at $17.13
• Connecticut at $16.94
• California at $16.90

If you are working in one of these places, your pay should reflect at least those standards and not the federal minimum.

States with the lowest minimum wage

Several states' laws set their minimum wage below what the federal minimum wage indicates; in this case the federal standard of $7.25 per hour takes precedence. Some of them are:

• Georgia at $5.15
• Wyoming at $5.15
• Alabama and Louisiana — no separate state minimum wage law

If you live and work in these states and work minimum wage, your salary should reflect the federal minimum hourly wage in the USA.

Minimum wage for tipped workers

For tipped workers, it's important to understand that federal law permits a lower base wage. Under the Fair Labor Standards Act, employers can pay as little as $2.13 per hour as long as tips bring total earnings to at least the applicable minimum wage.

If tips do not cover the difference, the employer must make up the gap. However, some states, like California, do not allow this lower rate and require full minimum wage regardless of tips. It is important to check with your official local authorities the specific laws in your state for tipped workers.

Minimum wage for young workers

Workers under 20 years old can be paid a youth minimum wage of $4.25 per hour during their first 90 consecutive calendar days of employment. After that period, or once the worker turns 20, employers must pay the standard minimum wage.

What if your employer pays you less than minimum wage?

If you are being paid less than the legal minimum wage, your employer may be violating federal, state, or local labor laws.

Workers generally have the right to:

• Be paid at least the applicable minimum wage
• Receive overtime pay where required by law
• Keep records of hours worked and wages received

Employees can report potential violations to the U.S. Department of Labor's Wage and Hour Division. In general, labor law protections relating to minimum wage and overtime apply regardless of immigration status.

How much do you earn on minimum wage?

Assuming full-time work at 40 hours per week, your monthly and annual income could look like this (before taxes):

These figures are estimates before taxes and depend on consistent full-time hours.

Is minimum wage enough to live in the U.S.?

In many parts of the country, the minimum wage does not fully cover the cost of living. Expenses such as housing, transportation, food, and healthcare vary widely by location. In states like California or New York, where the cost of living is high, even with better rates for minimum wages it may not be enough to support a family without an additional income.

It is important to consider the minimum wage and costs of living by state when choosing where to live and work.

How you get paid matters

Once you are earning, how you receive and manage your money can make a real difference. Some workers are paid by check or even in cash, which can make it harder to track income, build financial history, or send money to family.

Having a bank account or financial services platform may help:

• Receive direct deposits
• Track your income and expenses
• Send money securely to family members abroad
• Start building a financial roadmap to eventually access credit and build a credit history

For those who may not have access to traditional banking, there are a wide range of financial service providers and platforms including Común, which offer the ability to open a debit account with a passport or Matrícula Consular while you wait for your ITIN. You can manage your money through a mobile app which is also available in Spanish. Visit comun.app to learn more.

FAQ

Does the minimum wage increase in 2026?

The federal minimum wage remains $7.25, but many states continue to raise their rates annually.

What is the minimum wage in my state?

It depends on where you live. Always check your state and city laws, as local rates may be higher.

Can I be paid less if I am an immigrant?

No. Labor laws apply regardless of immigration status. You are still entitled to minimum wage and overtime protections.

Understanding your pay and what comes next

The minimum wage in the United States is not a single nationwide standard for all workers. It is a system shaped by federal law with state adjustments. Knowing the correct rate for your location is the first step. Making sure you are actually being compensated fairly is just as important.

Once you are earning, setting up a secure way to receive and manage your money can help you stay in control. With options like Común's debit account, you can receive direct deposits, track your income, and plan your finances in an app that is also available in Spanish. Visit comun.app to learn more.

‍

The shift from physical to digital checks marks a significant transformation in financial services, driven largely by technological advances and the widespread adoption of mobile devices and online banking platforms. This shift reflects a broader trend in the digital era, where convenience and efficiency come first. The importance and benefits of having a checking account in this context can't be overstated, since it enables direct deposit and check deposit through ATMs, saving users significant time and money.

How Banks and Financial Institutions Are Adapting

Banks and financial institutions have been at the forefront of this digital shift. Recognizing their customers' needs and preferences, these institutions have invested heavily in developing secure, user-friendly online banking services and mobile apps. These platforms let users complete a wide range of transactions that traditionally required a visit to a bank branch. Now, customers can access their bank accounts and manage payroll checks through direct deposit — a feature that improves the efficiency of receiving paychecks and issuing personal checks directly from their smartphones or computers. This functionality doesn't just simplify the process — it also makes it accessible anytime, anywhere, removing the physical limitations of traditional banking.

Convenience and Accessibility

The integration of online and mobile banking solutions has made financial services more accessible, letting users complete transactions remotely. One example is the PayPal app, which lets users deposit checks into their PayPal account using a photo, accessing their money for free within 10 days or instantly for a fee. This is particularly beneficial for users who need to deposit payroll checks without the delay of mail services or the inconvenience of visiting a physical bank or check-cashing store. For people living in areas without easy access to traditional banking facilities, or those with mobility issues, these digital options provide essential financial access, improving their ability to manage personal finances efficiently.

Enhanced Security Features

Along with convenience, security is a priority in the evolution of digital check processing. Financial institutions have implemented sophisticated security measures to protect users and their transactions. These include encryption, two-factor authentication, and secure sockets layer (SSL) technology, which protect data transmitted during online and mobile banking sessions. Additionally, features like automated fraud detection systems monitor unusual activity, helping prevent unauthorized access and transactions.

Verification processes for digital check transactions have also become more robust. Digital checks often require multi-factor authentication, which can include biometrics (like fingerprint or facial recognition), security questions, or mobile code confirmation. These layers of security help ensure only authorized users can issue, cash, or deposit checks, significantly reducing the risk of fraud.

The shift to digital check processing through online banking and mobile devices illustrates a broader trend in financial transactions toward greater technology integration, prioritizing user convenience and security. As this trend continues, we can expect these platforms to evolve even further, offering more features and efficiencies for managing financial transactions in the digital age.

‍

Navigating Check-Cashing Services and Fees in the Digital Age

Traditional banks continue to offer check-cashing services at their branches, but the rise of digital platforms has diversified how consumers can cash a check and access their money. For those without a bank account, a check-cashing service provides a vital option for turning checks into cash, often at physical locations. Digital services like PayPal let users deposit checks directly into their PayPal accounts just by taking a photo of the check, making a PayPal account an essential tool for digital check deposits. Mobile apps like Ingo Money offer similar services, allowing check deposits directly to prepaid cards, PayPal accounts, or even as Amazon credit. These tools offer a level of convenience and speed traditional banks often can't match, since they skip the need to visit a physical location.

Understanding Check-Cashing Fees

Each check-cashing option has its own set of fees. Traditional banks may charge non-customers a fee to cash checks, and these fees can be particularly high for personal or third-party checks. Grocery stores and check-cashing stores typically charge a percentage of the check amount, which can vary widely depending on the type and amount of the check. Services like Western Union also facilitate check cashing, but often with higher fees, especially for instant-cash services.

Digital platforms vary in their fee structures. PayPal, for example, offers free check deposit if the user is willing to wait a few days for funds to settle, but a faster-access option is available for a small fee. Ingo Money also charges fees for instant access but offers a fee-free option if the user is willing to wait for funds.

Reducing Costs and Increasing Convenience With Digital Solutions

Digital solutions offer significant advantages in terms of reducing check-cashing costs and increasing convenience. By enabling direct deposits into checking accounts or onto prepaid cards like the Walmart MoneyCard, these digital platforms eliminate the need for physical check-cashing locations. This not only saves on the cost associated with cashing checks at physical locations, but also reduces the time spent processing transactions.

Additionally, the ability to deposit checks anytime, anywhere via a mobile device or computer means funds are available faster and without the inconvenience or expense of traveling to a bank or check-cashing store. This accessibility is particularly beneficial for people in remote areas or those with mobility issues, for whom visiting a physical location is a challenge.

In summary, the digital transformation of check-cashing services has given consumers a wider range of options for accessing their money quickly and securely, often at lower costs than traditional methods. The convenience of digital platforms extends to the ability to send money quickly and securely, further improving the user experience in managing financial transactions. As technology continues to advance, we can expect further innovations that will improve the efficiency and convenience of these financial transactions.

The Role of Third-Party Checks in Modern Financial Transactions

Handling third-party checks and pre-printed checks is critical within the digital banking framework. These checks, essential for numerous transactions like payroll payments and government payments, must be managed with strict security measures to ensure the integrity of financial processes.

Handling Third-Party Checks

Third-party checks involve transferring funds from the payer to an intermediary recipient, who then endorses the check to another party, known as third-party check endorsement. This process is particularly useful when the original recipient needs to endorse a third-party check to someone else, either because they lack valid ID or face limitations that prevent them from cashing the check themselves. The complex nature of these transactions requires rigorous verification processes. Financial institutions require valid ID from anyone attempting to cash or deposit third-party checks to verify their legitimacy. Both the original recipient and the endorser must sign, explicitly authorizing the transfer of funds. This verification helps mitigate risks like fraud, which are higher with third-party checks due to the multiple parties involved.

Managing Pre-Printed Checks

Pre-printed checks are commonly used for direct deposit of payroll and government benefits. They include fixed details like the issuing bank's name, the amount, and the recipient's account information, which are printed by the financial institution or company issuing the check. These checks are usually processed through specialized check-cashing services, which use advanced digital scanning technology to validate the check's details against secure databases, ensuring the payment comes from a legitimate source and is deposited into the correct bank account.

Modern Solutions in Check Cashing

Digital solutions have revolutionized how checks are processed, improving convenience and reducing check-cashing fees. Online banking platforms and mobile devices enable check deposits through mobile check deposit services. These platforms, like those offered by banks and financial services like PayPal and Ingo Money, let users cash checks by taking a photo and uploading it through an app. This method not only streamlines the processing of two-party personal checks and government checks, but also speeds up the availability of funds in checking accounts or on prepaid cards like the Walmart MoneyCard.

In conclusion, the digital transformation in handling third-party and pre-printed checks is improving security, reducing fees, and increasing convenience across the board. This shift doesn't just respond to growing demand for more efficient financial services — it also reflects broader trends toward digitization across every aspect of banking and financial transactions.

Embracing Digital Change in Check Management

The transformation of check management in the digital age is a clear reflection of the broader trend toward technology-driven financial services. This evolution presents a unique mix of challenges and opportunities. As we've explored, the shift from physical to digital checks brings improved security, greater convenience, and significant cost savings, making it an essential trend for both consumers and financial institutions.

The future of check management depends on deeper integration of innovative technologies. Banks and financial institutions are continually improving their digital services to offer users smoother experiences. Innovations like blockchain and artificial intelligence are poised to redefine security and efficiency in financial transactions, offering even more robust protections against fraud and errors.

For individuals, the ability to manage checks through mobile devices and online platforms means easier access to their finances, less time spent on manual processes, and reduced fees associated with traditional check-cashing services. For businesses and financial institutions, digital check processing reduces administrative burden and speeds up capital flow, improving economic efficiency.

In summary, managing checks in the digital age involves a dynamic mix of adapting to current technologies and anticipating the future needs of the financial market. This ongoing evolution promises to make financial management more accessible, secure, and efficient for everyone involved.

‍

How to call Mexico from the United States easily and affordably

There’s no doubt about the impact the Mexican community has had in the United States due to the number of immigrants who have arrived in recent decades and who, despite the distance, need to stay in touch with their loved ones.

One of the most common points of confusion when making an international call has to do with the order of the required codes. However, with the right information, placing a call from the United States to Mexico is very simple.

Below, we’ll show you step by step how to dial, practical examples for major cities, as well as modern options to save money no matter how long you’re on the phone with your loved ones in Mexico.

Basic steps to call Mexico from the USA

To connect a phone call from the United States to Mexico, you need three basic pieces of information: the exit code, Mexico’s country code, and the local number.

These are the steps to call Mexico.

Dial the international prefix

011 from a U.S. landline or “+” from a mobile phone.

Add Mexico’s country code

The code is 52.

Dial the 10-digit national number

Include the area code plus the local number

Practical examples:

• Mexico City: 011 + 52 + 55 123 1234
• Guadalajara: 011 + 52 + 33 123 1234
• Monterrey: 011 + 52 + 81 123 1234

It’s important to clarify that it used to be necessary to add the prefix 1 for cell-phone calls, but this requirement was eliminated in 2019.

Area codes and example calls to Mexican cities

In Mexico, each city has an area code (lada) made up of 2 or 3 digits. Taking that into account, all Mexican phone numbers have 10 digits in total.

Below is a table with examples of how to dial from the United States to Mexico.

City

Area Code

Dialing example from the United States

Mexico City 

55

011 + 52 + 55 + ########

Guadalajara

33

011 + 52 + 33 + ########

Monterrey

81

011 + 52 + 81 + ########

Puebla

222

011 + 52 + 222 + #######

Tijuana

664

011 + 52 + 664 + #######

León

477

011 + 52 + 477 + #######

Querétaro

442

011 + 52 + 442 + #######

Mérida

999

011 + 52 + 999 + #######

Cancún

998

011 + 52 + 998 + #######

Chihuahua

614

011 + 52 + 614 + #######

Modern and more affordable options for calling Mexico

Long-distance calling used to be very expensive, especially when made directly— a drawback for people who wanted to keep in touch with family abroad since costs were charged per minute.

Fortunately, today you can choose far more affordable alternatives that also offer unlimited minutes and other communication benefits such as messaging and video calls.

These are the most popular low-cost options for calling Mexico from the United States.

VoIP apps and services over Wi-Fi

VoIP (Voice over IP) apps are one of the most accessible alternatives for communicating with people worldwide.

The main advantage of mobile apps is that they allow domestic and international calls over a Wi-Fi or data connection. This significantly reduces costs and eliminates the need for local phone coverage, though a good internet connection is important.

WhatsApp is a popular app of this kind, given its large user base and a variety of features beyond calls, such as voice notes, voice dictation, video notes, and video calls.

Other similar alternatives include Skype, Google Voice, and Telegram.

International plans from your carrier

If you want to make long calls and not rely on Wi-Fi, a recommended alternative is to get an international plan with included or unlimited minutes to Mexico.

For example, Verizon Global Calling has a plan that includes unlimited minutes to Mexico and Canada.

If you’re still in Mexico, Telcel offers international roaming packages and eSIM for travelers.

Prepaid calling cards

Another solution for calling Mexico is using a prepaid calling card.

Here are some examples.

Company | Cost | Validity/Expiration Enjoy Prepaid | From 0.9¢/min to landlines, 2.9¢/min to mobiles. | After 183 days of inactivity. BOSS Revolution | 1.9¢/min to landlines and mobiles. | Credit remains while the user is active. Calling Card Plus | From 0.8¢/min to landlines and 2.5¢/min to mobiles. | Depends on the plan; may include per-minute rounding or a weekly charge.

Company

Cost 

Validity/Expiration

Enjoy Prepaid

From 0.9¢/min to landlines, 2.9¢/min to mobiles. 

After 183 days of inactivity.

BOSS Revolution

1.9¢/min to landlines and mobiles.

Credit remains while the user is active

Calling Card Plus

From 0.8¢/min to landlines and 2.5¢/min to mobiles.

Depends on the plan; may include per-minute rounding or a weekly charge.

Bundles with included minutes

A bundle is a package that, in addition to international calls, includes other related services. For example, Verizon Global Choice offers 300 minutes for $10 per month.

Practical tips for immigrants

Taking care of your finances is essential to stay in touch with your family in Mexico. Here are some tips to keep you connected.

• Use apps over Wi-Fi whenever possible: they’re a very affordable alternative, as long as you have a good internet connection.

• Compare rates from different companies: take time to review each provider’s international rates as well as specific terms.

• Consider family bundles or special plans for Mexico: given the geographic proximity between Mexico and the United States, there are several communication options designed for families who frequently contact relatives.

Stay connected with your family in Mexico thanks to Común

In this article, we showed you how to call Mexico from the United States with the correct code sequence, via mobile and landline. We also shared tips to keep in touch with your family through more accessible means such as mobile apps and international plans with minutes to Mexico.

In addition to staying in touch with family, Mexican immigrants also often need services that let them send money home.

• Discover the benefits of Común, the platform that brings you closer to the people you love most!

• Checking account with clear, competitive fees.

• Accessible international money transfers.

• Común’s mobile app is available in Spanish and accepts more than 100 eligible official IDs for account opening.

• Debit card for everyday purchases and payments.

Don’t lose touch with your country! Open your account with Común and connect with the financial platform dedicated to shortening the distance.

Frequently Asked Questions (FAQ)

If you still have questions, see this section.

What happens if I dial the number without the 011 prefix?

If you don’t dial 011 or “+” on mobile phones, your call won’t be recognized as international and will either connect as a local call or return an error.

Is it better to use apps or international calling plans?

It depends on your needs. Apps are an excellent alternative but depend on a good internet connection. International plans require a SIM, but they offer more stable calls along with other communication services.

Which option is best for saving money?

A very convenient option to save money is an app like WhatsApp, since it works over an internet connection.

How can I dial an 800 number from the United States to Mexico?

800 numbers are toll-free within Mexico, but from the United States they do carry a cost. To dial, you must enter the exit code and the country code.

Another option is to look for that institution’s alternate number for international calls.

‍

Do you have children about to enter school in the United States? Understanding the U.S. education system is essential for adapting to a new culture and preparing for the differences compared with your country of origin.

Broadly speaking, the U.S. education system is divided into three stages: Elementary School, Middle School, and High School. Each plays a specific role in students’ academic journey. This system covers ages 5 through 18 and forms the central framework of schooling in the country.

In this article, we explain each of these stages and detail their purpose to demystify how students progress through the system and its educational levels in the United States.

Levels of the U.S. education system: Everything you need to know

In the United States, it is common for children to begin schooling around age 5. After kindergarten, it is divided into 12 grade levels.

Below, we show how the U.S. education system is structured.

Early childhood education

Early childhood education or preschool is not mandatory in the United States. However, it is common for children under age 5 to attend pre-K (preschool) or kindergarten.

These centers focus on young children’s cognitive development through play and early literacy activities. For this reason, there is no grading system. Kindergarten is offered through private and public options or via the Head Start social assistance program for low-income families.

Elementary school

After that, children will enter primary education or Elementary school starting around age 6, depending on the school district.

This level typically covers 1st through 5th grade and is characterized by the gradual introduction of more advanced knowledge, with the aim of building cognitive and social development through learning skills such as mathematics, science, and language, among others.

• Characteristics: students generally have the same teacher for almost all subjects, except for those requiring specialized knowledge, such as physical education.

• Grading system: it can vary by district, but it is common for students to be assessed using a letter scale—A, B, C, D, and F—or, alternatively, a numeric scale from 1 to 4.

• Approximate Ages: between 6 and 11.

Middle school (junior high school)

After finishing primary education, students continue with Middle school, which typically covers 6th through 8th grade. It is a transitional stage between primary and secondary education.

• Characteristics: students have a different teacher and classroom for each subject, which promotes independence and socialization.

• Grading system: the formal A through F system is typically being used.

• Approximate Ages: between 11 and 14.

High school

The next level is secondary school or High school, typically covering grades 9 through 12. It culminates in the High school diploma, a basic requirement to continue with higher education or enter the job market.

• Characteristics: in addition to required subjects such as English, math, and science, students can complement their education with electives and extracurricular activities.

• Grading system: both the A–F letter scale and the GPA (Grade Point Average) are generally used; GPA serves as an indicator of academic performance and is key for college admission.

• Approximate Ages: between 14 and 18.

Postsecondary education

Postsecondary or higher education in the United States includes different types of programs as well as private and public schools. Although it is not strictly mandatory, it provides more opportunities for good jobs and higher earnings.

These are the types of higher-education institutions in the U.S.

Public or private universities

• They offer a curriculum lasting approximately 4 years.

• Upon completion and passing of the program, graduates receive a Bachelor’s degree.

• The admission process depends on prior academic performance, reflected in the GPA.

• There are public universities funded by the government and private universities as well.

Community colleges

• These are public colleges offering educational programs that last 2 years.

• Upon completing this program, students earn an Associate’s degree, equivalent to a technical program.

• They are more accessible than a university, and admission rates are also higher.

If you need to send money to another country, explore some options and tips.

Technical or vocational institutions

• They focus on acquiring knowledge related to practical trades, such as nursing, graphic design, and programming.

• They also offer certificates to recognize completed studies.

The U.S. education system can be somewhat confusing compared with other countries, such as some in Latin America. Below is a comparison table to clarify general equivalencies, keeping in mind that there are variations in each country.

How does the school year work in the United States? Key aspects

The U.S. education system is characterized by flexibility to adapt to students’ abilities and interests in order to foster their full potential.

For this reason, it is common for students to be placed into specific classes according to their learning level, which may be more or less challenging.

• Placement depends on several factors, such as:

• How well the student understands English or their test scores—especially for foreign students

• Recommendations from parents/guardians

• Standardized test scores and prior academic performance

• Willingness to complete challenging assignments

• The student’s interest or motivation

• Teacher or counselor recommendation

• Examples of student work demonstrating their level of understanding and skills

Another relevant aspect to consider is the school calendar and schedule in the United States. These can vary by state and school district, but in general the school year begins in late August or early September and ends in late May or early June.

How to manage your finances in the United States with Común

As you can see, the U.S. education system is intentionally designed to guide students from basic education through higher studies and, afterward, into working life.

Each level has a clear function, which makes it easier for families, students, and educators to plan and provide support in order to make more informed decisions along the school path.

Without a doubt, your children’s education is one of the most important investments, because it is a way to secure their future.

Común is the ideal financial platform to help you manage tuition payments and handle school expenses for higher education.

Común is a financial platform with a mobile app that makes it easy to open accounts in the U.S. with a qualified official ID from your country of origin, send low-cost remittances, and provide bilingual Spanish and English language support for the immigrant community.

Learn about all the benefits of opening an account with Común for you and your family.

As an immigrant, Común allows you to open an account with a qualified official ID from your country, with no hidden fees and bilingual Spanish and English language support.

Frequently asked questions

If you still have questions, consult our Q&A section.

How do you enroll your child in school?

Go to the school district where you live to find out which school corresponds to your address. Complete the required documents and the enrollment application.

Requirements may vary by state or school district, so it is important to verify directly with your local school.

What is the difference between a public and a private school in the United States?

Public schools are funded by government tax revenues, while private schools are funded by tuition.

What do Freshman/Sophomore/Junior/Senior mean?

These are the terms used in U.S. high schools and universities to indicate year level

• Freshman: 1st year

• Sophomore: 2nd year

• Junior: 3rd year

• Senior: 4th year

What is needed to enter school in the United States?

• Minimum age depending on the level

• Birth certificate

• Up-to-date vaccination record

• Proof of residence in the district

What is a certified check and how does it work?

Certified checks are a common form of payment for thousands of immigrants living in the United States, especially for major purchases such as rent payments, buying a car, and legal settlements.

However, it is not always clear why the certification process matters and how it differs from other types of checks.

A certified check is a physical payment order that has been reviewed in advance by a financial institution to ensure there are sufficient funds in the issuer’s bank account. This is the fundamental reason it’s considered a safer form of payment than a personal check.

Below, we explain in detail what a certified check is, how it works, and why it’s important to understand the differences from other types of checks.

What is a certified check?

A certified check is a type of check with guaranteed funds, since the issuing bank has verified the money exists in the checking or personal account.

This makes it a safer form of payment than personal checks, because the bank sets aside the amount to be paid so it can be collected by the payee.

How is a certified check issued?

Issuing a certified check is a straightforward process you can complete directly at the financial institution of your choice.

• The customer requests the check

The account holder must go to a bank and request a certified check, specifying the payee and the amount.

• Customer identification

You must present an official ID to verify that you are the holder of the savings or checking account from which the funds will be drawn.

• The bank freezes the amount in the account

The bank then certifies there are sufficient funds to cover the check and freezes them to ensure the payee can cash it.

• Signature certification

You must sign the check before finishing the process so the bank can confirm the signature matches the one on file.

Affixing the certification stamp

Finally, once the bank has verified the funds and the signature, it places a certification stamp to document completion of the process.

Differences between a certified check and a cashier’s check

A cashier’s check is another way to make secure payments using a physical instrument. In this case, the bank branch issues the check after receiving the customer’s payment, so the funds come from the bank itself.

Below is a comparison between a cashier’s check and a certified check.

Cashier’s check

Certified check

Security

High; the bank verifies sufficient funds and places a hold for the payee.

Very high; the check is backed by the bank and does not depend on the issuer’s account.

Cost

At some banks they have no cost at others up to approximately $15.

Depends on the bank; typically $10–$20.

Issuance time

At the branch, after funds are verified.

Immediate.

When is a certified check typically required?

A certified check is commonly used for significant transactions or large amounts. This gives the recipient assurance that funds are available.

• Paying an apartment security deposit.

When finalizing a lease or purchasing an apartment, the landlord or agent may request payment via certified check to guarantee funds.

• Buying a used car.

Whether dealing directly with owners or dealerships, a certified check can be a suitable option because of the security it provides.

• Closing an important contract or legal settlement.

For example, to pay fees, settlements, or indemnities, certified checks provide security for both parties.

• For tuition or school fees.

Some educational institutions accept certified checks as a form of payment, especially for international or first-time payments.

Do you know what to do if a check is stolen or lost? We explain it here!

Practical tips for using certified checks safely

While certified checks are among the safest payment methods due to the bank’s verification process, there are still fraud attempts using forged documents.

With this in mind, keep these tips in mind to avoid becoming a victim of check fraud.

How to know if a check has funds and avoid scams

• Verify with the issuing bank. 

Call the bank directly and provide the check number, account holder, and amount; ask them to confirm authenticity and that funds are guaranteed. Make sure you call the bank’s official number, not the one printed on the check.

• Be alert if you receive an overpayment check. 

A common scam is sending a check for more than the amount due and asking for the difference in cash. Confirm the check’s validity with the bank before proceeding.

• Wait for the check to clear before handing over any goods. 

Clearing can take 3–10 days. Make sure the funds have fully settled and are not just on hold.

• Avoid accepting checks from unknown parties. 

Whenever possible, accept checks only from people you trust. If you must take a check, follow the security measures above.

Manage your money securely with Común

In this article we explained what a certified check is, how it’s issued, how it differs from cashier’s checks, and how to use this payment method safely.

While certified checks can be a good payment option, a checking account in the U.S. is a much more secure and practical way to manage money.

Meet Común, your financial ally in the United States!

Send, receive, and cash money within and outside the United States. Our platform lets you move your money easily, quickly, and securely. You need a qualifying official ID from your country of origin to get started.

Open your account with Común today and discover a financial platform tailored to you.

Frequently Asked Questions (FAQ)

Where can I get a certified check in the United States?

You can request certified checks at financial institutions such as banks, credit unions, and some digital banks.

How much does it cost to get a certified check at the bank?

The cost depends on the bank but is typically between $10 and $15.

What other types of checks exist in the U.S. besides certified checks?

Other types of checks in the United States include: Money order; Personal check; Cashier’s check.

‍

For immigrants in the United States, having a banking account has become a basic necessity to carry out all types of daily tasks, such as shopping in physical and online stores, receiving wages, sending transfers and remittances, opening a savings account, among other things.

Despite the importance that a banking account has for immigrants and U.S. citizens, there are still factors that hinder the immigrant community’s access to banking, such as high fees and required documentation.

According to FDIC data, among vulnerable groups without banking accounts (unbanked), Hispanics make up 9.5%. This shows a gap that disadvantages a significant portion of the population.

Access to financial services is an increasingly attainable right for immigrants in the U.S. In this article, we will explain step by step what is required to open an account at a bank and on digital platforms, as well as the advantages of these solutions.

4 Requirements to Open a Banking Account in the United States

It is true that financial services make users’ lives easier and, in some way, improve their quality of life. But, what is needed to open a banking account in the United States?

Opening a bank account, whether a checking account or another type, requires meeting a series of requirements and presenting documentation, which may vary depending on the financial institution.

Some of the difficulties immigrants face when opening a banking account are not having an SSN (Social Security Number) or tax documentation, as well as the lack of information in Spanish.

Fortunately, beyond traditional banks, there are currently alternative solutions such as Común, a financial platform dedicated to meeting the needs of people who seek accessible and efficient services.

In general, these are the most common required documents to access a banking account in the United States.

Social Security Number (SSN)

This is the most common requirement for opening an account. It is an identifier for people who reside and work legally in the United States, and it is required for banks to carry out the identity verification process.

Individual Taxpayer Identification Number (ITIN)

The ITIN is an alternative for people who do not qualify for the SSN, since some financial institutions accept it instead.

Identity Document

For this requirement, it is possible to present a passport, a driver’s license, a government-issued ID, or a consular ID card. Any of these documents must be valid and show both name and photograph.

Proof of Address

To prove your residence in the United States, you can present utility bills, such as electricity, or even a digital account statement.

Step by Step: How to Open a Banking Account in the U.S. with Foreign Identification

The number of requirements requested by traditional institutions tends to make access to banking difficult, especially for immigrants without the previously listed documentation.

If you are looking for a practical and simpler solution than traditional banking services, you can turn to options like Común, the platform that streamlines processes and offers fair financial services for everyone.

Access to these services is possible with official, qualified foreign documentation, which helps reduce the gap in access to banking for immigrants.

Choose a Secure Platform that Accepts Foreign Identifications

In general, traditional banks request the SSN or ITIN, so a convenient option is to choose a digital platform with more flexible requirements but with the same quality and seriousness in their processes.

Común is a platform that makes immigrants’ lives easier in the United States, as it allows you to open an account with official, qualified documentation from your country of origin and simplifies the sign-up process without complicated paperwork.

Download the Mobile App and Set Up Your Account available in Spanish

You only need a mobile device compatible with Android or iOS to download the application, where you will create your profile and enter your information.

Verify your identity with an official ID from your country

Then, carry out the identity verification with your official ID from your country of origin. To do this, you will need to take a picture of it and possibly take a selfie.

Activate Your Card and Start Using Your Account

Once you provide the necessary documentation, you will have access to a debit card to make purchases at various establishments and will be able to make transfers and receive payments.

Use Additional Features Such as Sending Remittances or Deposits at Stores

For immigrants, it is essential to have services that allow them to send remittances to their countries of origin, so you can also use this benefit, in addition to making direct deposits in physical stores near you.

Which Bank in the U.S. Allows Opening an Account with a Passport? More Accessible Alternatives

There are alternatives with more flexible account opening options, such as Bank of America, which accepts the ITIN in case you do not have an SSN. However, the processes tend to be longer and slower compared to other digital platforms, which facilitate the sign-up process by offering greater feasibility in their requirements.

Bank of America

Bank of America supports the opening of banking accounts in the United States for immigrants, because it allows opening an account with a valid passport or ITIN. However, it is necessary to go in person to a branch to complete the process.

Común

Común is a digital platform that allows opening an account with more than 100 foreign IDs or with a valid passport, which makes it easier to obtain an account for immigrants and send remittances to Latin America for an affordable fee; in addition to making cash deposits at more than 100 stores.

Wells Fargo

Wells Fargo also accepts a passport as the main ID, but may request an additional identification, such as a credit card or student ID.

Wise

Wise is a fintech that offers digital accounts in different currencies. It is possible to access its services with a passport, ITIN, or SSN.

Revolut

Revolut is another alternative for non-citizens in the United States, since it accepts a passport as identification; among other options, such as a driver’s license or national ID.

Why Común is Ideal for Opening Your Account in the U.S.?

Although the requirements to open an account may make it seem like an inaccessible process for many immigrants in the U.S., fortunately, there are also more accessible options.

If you are looking for a clear, reliable alternative available in Spanish, it is time to change your relationship with finances through Común: a service that truly understands your needs.

Why is Común Your Ally?

Forget about minimum deposits or monthly charges

Access a mobile app available in Spanish with a user-friendly interface

Send money to your home country for a fee starting at $2.99, up to the applicable limits

Deposit cash at a network of establishments near you

It has 24/7 customer support available in Spanish

Remember that Común offers you a service available in Spanish with simple processes. Open your account today and start using a service designed for you!

In the world of finance, choosing the right bank account can make a big difference in your financial life. In this article, we'll walk you through the different types of bank accounts available in the United States and help you choose the best option for your needs.

What Is a Bank Account and Why Does It Matter?

A bank account is a type of financial product that acts as a financial agreement between a bank and a customer, letting the customer deposit and withdraw money. It also offers additional services like issuing checks, bank transfers, debit card payments, receiving direct deposits, and more. Choosing the right bank account is essential for managing your finances efficiently and reaching your financial goals.

Different Types of Bank Accounts

There are several types of bank accounts, each with its own features, advantages, and disadvantages. Below, we'll explore two of the most common: savings accounts and checking accounts:

Checking Accounts

A checking account, also known as a checking or checkbook account, is a type of bank account used mainly for everyday transactions. Unlike savings accounts, checking accounts let you make an unlimited number of deposits and withdrawals, making them ideal for handling your money day to day.

Checking accounts are offered by nearly every bank and credit union in the United States, and each has its own features and benefits. One of the main advantages of checking accounts is their flexibility. You can deposit and withdraw money as many times as you want, and you can also complete basic transactions like paying bills, writing checks, and making purchases with a debit card. Plus, many checking accounts offer additional services like overdraft protection, account alerts, and access to online and mobile banking.

However, unlike savings accounts, checking accounts usually have lower — or even no — interest rates, meaning your money won't grow over time. Additionally, some checking accounts may carry monthly service fees, though you can often avoid these fees if you meet certain requirements, like maintaining a minimum balance or completing a set number of transactions each month.

For example, Chase Bank offers the Chase Total Checking account, and Citi Bank offers the Citi Basic Banking Package, which include access to thousands of ATMs and online and mobile banking service. However, like many other traditional banks, they charge a monthly service fee of $8 to $12 unless you meet certain average monthly balance requirements or a minimum amount deposited through monthly direct deposits.

By contrast, Común, online banking in the United States, offers a checking account with zero hidden costs. Unlike traditional banks, the bank account Común offers requires a $0 minimum deposit, requires $0 in monthly fees, unlimited transactions, and many more great benefits.

In summary, while checking accounts may not be the best option for saving money, they're an essential tool for managing your finances day to day. When choosing a checking account, it's important to consider your banking habits and look for an account that fits your needs.

Savings Accounts

A savings account is a type of bank account specifically designed to encourage the savings habit among users. Its main purpose is to help you keep money safe while earning interest on your balance.

Savings accounts are offered by most banks and credit unions in the United States, and each has its own features and benefits. For example, Bank of America offers the Advantage Savings account, which includes a competitive interest rate and the ability to avoid the monthly maintenance fee if you meet certain requirements. Wells Fargo, on the other hand, offers the Way2Save Savings account, which makes saving easier by automatically transferring $1 from your checking account to your savings account every time you make a transaction.

One of the main advantages of savings accounts is that your money isn't just safe — it also grows over time thanks to interest rates. These rates vary depending on the bank and the type of account, but generally let you earn a small percentage of your total balance each year. Additionally, savings accounts are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000, meaning your money is protected even if the bank fails.

However, savings accounts also have some limitations. One of the most notable is a restriction on the number of certain types of transactions you can make each month. Under the Federal Reserve's Regulation D, you can only make up to six "convenient transactions" per month, which include transfers and electronic payments, automatic debits, checks, and debit card payments. If you exceed this limit, the bank may charge you a fee or convert your savings account into a checking account.

Also, while savings accounts are a great way to store money, they aren't the best option if you need frequent access to your funds. For everyday transactions and easy access to your money, a checking account might be more suitable.

Specialized Bank Accounts

Beyond savings and checking accounts, there are other types of bank accounts designed for specific needs.

Low-Fee Accounts and Second-Chance Accounts

Low-fee accounts are bank accounts that offer basic services at a minimal cost, ideal for people looking to avoid high banking fees. Second-chance accounts, on the other hand, are designed for people who've had trouble with bank accounts in the past and are looking for a new chance to manage their finances.

Payroll Accounts and Money Market Accounts

Payroll accounts are bank accounts where your employer deposits your salary directly, while money market accounts are savings accounts with investment features that offer competitive interest rates in exchange for maintaining a higher minimum balance.

How to Choose the Best Bank Account for Your Needs

Choosing the right bank account largely depends on your financial needs and goals. For example, if your goal is to save money, a savings account might be the best option. On the other hand, if you need to make a lot of daily transactions, a checking account might be more suitable.

Factors to Consider When Choosing a Bank Account

Some factors to consider when choosing a bank account include interest rates, bank fees, minimum balance requirements, additional services and features, and the bank's reputation.

How to Open an Account With Común:

To open an account in the United States, you'll generally need to provide personal information, like your name, address, date of birth, and Social Security number. You may also need to provide a government-issued photo ID and make an initial deposit.

At Común, the steps and requirements to open an account are as follows:

1. Download the mobile app on your Apple device from the App Store or your Android device from the Play Store.
2. Open the app and create your new account; follow the instructions and fill in your personal information.
3. In under 5 minutes, you'll have finished creating your account and will get an account number and routing number, and you can start using your virtual debit card right away.
4. Request your debit card, and it will arrive by mail in under 2 weeks.

We recommend making your first deposit when you open your Común account so you can start using your debit card. You can do this in a few different ways:

5. Connect your PayPal, Cash App, and other accounts to your Común account and transfer money to yourself instantly.
6. Deposit cash at one of the thousands of ATMs in the Allpoint network, which you can find at any Walgreens, CVS, Target, and many other locations near you.
7. Transfer money from your other bank accounts using your Común account and routing numbers; keep in mind this type of transaction may incur costs from the bank you're transferring from.

The Importance of Choosing the Right Bank Account

Choosing the right bank account is a crucial step in managing your finances efficiently. We hope this guide has helped you better understand the different types of bank accounts available and make an informed decision. Remember, the best bank account for you is the one that fits your needs and financial goals.

If you're looking to open a checking account and get a debit card, what are you waiting for? Do it with Común.

‍

How to deposit money into someone else's bank account: 5 updated methods (2026)

In 2026, there are more ways than ever to send money to another bank account, but each option works differently. Some methods require a routing and account number, while others only need a phone number, email, or QR code.

5 ways of depositing money into someone else's bank account

Bank branch deposits

One of the simplest ways to deposit money into someone else's account is by visiting their bank branch directly. To deposit money at a branch, you generally need: the recipient's full name, the recipient's account number, and the cash or check you want to deposit.

ACH bank transfer

ACH transfers are electronic bank-to-bank transfers through the Automated Clearing House network. To send an ACH transfer to another person's account, you need: the recipient's bank routing number and account number.

P2P payment apps

Peer-to-peer payment apps like Común's Pay, Venmo, Cash App, and Zelle allow you to send money quickly to another person using just a phone number, email, username, or QR code.

Wire transfer

Wire transfers are electronic bank-to-bank transfers that complete quickly, usually the same business day for domestic transfers. They are typically used for large amounts or urgent payments.

Check deposit

You can also write a personal check to another person. This option is slower than digital methods but can be useful for documented or scheduled payments.

FAQ

Can I deposit cash into someone else's bank account?

It depends on the bank. Some banks allow cash deposits into third-party accounts at a branch, while others may restrict it due to fraud prevention policies.

What is the fastest way to send money to another account?

P2P apps like Común's Pay, Venmo, and Zelle are generally the fastest for everyday transfers. Wire transfers are faster for large amounts.

Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC. Peer-to-peer payments services are provided by Cross River Bank.

‍