Declined: Why?

Picture this: you're in the checkout line, ready to pay for your purchases. You've carefully budgeted for the week, and now it's time to swipe your card. But instead of the usual approval sound, you hear something different, and the cashier tells you your transaction has been declined. Embarrassed and confused, you reach for another card or cash, wondering what went wrong.

Transaction Limits

Every bank and financial institution imposes certain transaction limits to ensure security and manage risk. These limits can vary depending on the type of transaction:

• Daily Withdrawal Limits: There may be a limit on how much cash you can withdraw from an ATM in a single day.
• Purchase Limits: Transactions made with your debit or credit card may have a maximum limit per transaction or per day.
• Transfer Limits: Transfers between accounts, especially international ones, often have set limits to prevent fraud.

If your transaction exceeds these predefined limits, it will be declined. Always check your bank's policy on transaction limits and plan your transactions accordingly.

Incorrect PIN Entry and Fraud Protection Rules

Your Personal Identification Number (PIN) is crucial for authorizing transactions. However, if the PIN is entered incorrectly more than four times, the transaction will be automatically declined. This is a security measure to prevent unauthorized access to your account.

If you forget your PIN, you can easily retrieve it through your banking app in the cards section. Be sure to memorize it or store it securely to avoid repeated declines.

To protect customers against fraud, banks have rules to block transactions that appear suspicious. These can include:

• Unusual Spending Patterns: Large or out-of-the-ordinary transactions can trigger a block.
• Geographic Restrictions: Transactions from locations far from your usual activity may be flagged.
• Repeated Declines: Multiple declines or failed attempts can lead to a temporary block.

If you're planning a large purchase or traveling internationally, notify your bank in advance to avoid unnecessary declines.

Cash Deposits and Insufficient Balance

When depositing cash at an ATM, it's important to know that deposits generally can only be made into checking accounts and at specific ATMs like Allpoint+. Trying to deposit cash at a different ATM or into a savings account will result in an error. Always check the account type and ATM capabilities before attempting a deposit.

Additionally, one of the most common reasons for a declined transaction is insufficient balance. Make sure you have enough funds in your account before making a transaction. You can easily check your balance using your banking app. Regularly monitoring your account helps avoid declined transactions and possible overdraft fees.

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Card Activation or Card Locking

When you receive a new physical card, it must be activated before use. Until it's activated, any attempt to use the card will be declined. Activation can usually be done quickly through your banking app in the cards section. Follow your bank's instructions to make sure your card is ready to use.

On the other hand, for security reasons, you may need to lock your card if it's lost, stolen, or if you suspect fraudulent activity. This can easily be done through your banking app in the cards section. Locking the card prevents any unauthorized transactions and gives you control over your account's security.

[Image: credit card — keep as-is]

Understanding Declined Transactions

Beyond the common reasons, there are additional factors that can lead to a declined transaction:

• Credit Limit: If you've reached your card's credit limit, any additional transaction will be declined. You can request a credit limit increase from your card issuer if you frequently reach your limit.
• Incorrect Payment Information: Make sure the billing address, card number, and expiration date entered are correct. An incorrect credit card number or billing address will result in a declined transaction.
• Expired Card: Using an expired card will lead to a declined transaction. Always check the expiration date and update your payment method with a new card when needed.
• Suspected Fraud: Banks may decline transactions they suspect are fraudulent. This includes transactions in a different city or country. You can contact your bank to resolve fraud alerts and authorize the transaction.
• Insufficient Available Credit: For credit card transactions, make sure you have enough available credit to cover the purchase. Monitoring your remaining balance can help avoid declines.
• Temporary and Final Declines: Temporary declines (soft declines) are temporary and can be retried, while final declines (hard declines) are definitive and require contacting the issuing bank for resolution.

We'll teach you everything you need to know about bank accounts in the United States.

Conclusion

Understanding the reasons behind declined transactions can help you manage your finances more effectively and avoid unnecessary stress. By familiarizing yourself with transaction limits, using your PIN correctly, being aware of fraud protection measures, ensuring a sufficient balance, activating new cards, and knowing how to lock your card if needed, you can ensure smoother, safer banking experiences. Stay proactive with your banking habits and use the tools your bank provides to stay in control of your financial activity.

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What Are Money Transfers?

Money transfers are transactions where money moves from one person or entity to another, which can happen within the same country (domestic transfers) or across international borders (international transfers). These transactions can be handled through several methods, including:

• Bank Transfers: Money is sent from one bank account to another. This can be done through direct bank-to-bank transactions, wire transfers, or Automated Clearing House (ACH) transfers, with ACH transfer standing out as a common, cost-effective method for bank transfers.
• Online Payment Services: Platforms like PayPal, Venmo, and others let users send money electronically over the internet. Users generally link their bank accounts or credit cards to the service to fund transfers.
• Money Transfer Services: Companies like Western Union and MoneyGram specialize in transferring funds quickly, both domestically and internationally, without needing bank accounts. Money can be sent and received in person at service locations or through online platforms.
• Mobile Payments: Services built into smartphones, like Apple Pay or Google Pay, let users send money directly to others through mobile apps.

In a typical money transfer, the sender chooses a transfer method, provides the recipient's details (like bank account number, email, or phone number), and pays the transfer amount plus any applicable fees. The service then processes the transfer, converting funds into the recipient's currency if needed, before disbursing the money either directly to the recipient's bank account or making it available for pickup at a local service branch. Understanding the types of money transfers is crucial, since it highlights the range of options available to customers, including bank transfers, online payment services, and mobile payments, each with its own set of possible fees and considerations for domestic or international transfers. These transfers are governed by various financial regulations to prevent fraud, money laundering, and other illegal activity, ensuring the transaction's security and reliability.

Types of International Money Transfer Fees

When initiating a money transfer, consumers face several fees, crucial for managing financial commitments like a down payment or regular savings contributions. Flat fees and percentage-based fees are common in both domestic and international transfers, impacting everything from sending money to relatives abroad to paying international suppliers. Currency conversion fees play a significant role when transferring foreign currency, since they can reduce the amount received due to unfavorable exchange rates. Additionally, some banks offer lower currency conversion fees if you let them convert the funds before transferring, or if you provide the currency already converted. They may also offer lower fees for transfers sent in foreign currency and for recurring transfers, highlighting the importance of currency exchange in a transfer's total cost.

Third-party service charges, like intermediary banks or platforms such as Western Union, can also add up, especially in complex scenarios like international wire transfers where multiple financial institutions may be involved. Different banks or financial institutions have their own fees for money transfers, including fees for incoming and outgoing fund transfers. Consumers may face fees for incoming transfers and incoming wire transfers, which vary between financial institutions for both domestic and international transfers. Understanding these different fees helps users evaluate money transfer options more effectively, emphasizing the distinction between incoming and outgoing fees and the impact of currency conversion on total cost.

Click here if you want to learn how to make international transfers. We'll give you all your options and our tips.

Click here and we'll explain everything you need to know about bank accounts in the U.S.

Comparing Costs Across Different Transfer Services

Costs to transfer money can vary widely between services like traditional banks, which may offer lower fees for ACH transfers compared to outgoing wire transfer fees, and digital platforms that specialize in international money transfers. It's crucial to compare how different services transfer funds, including banks and online platforms, to understand the range of methods available and their associated costs and fees for both domestic and international transfers. For example, banks charge different fees for incoming and outgoing wire transfers and may offer incentives like free wire transfers for maintaining certain account types, like checking or savings accounts.

Online platforms may offer competitive rates for international transfers but could include additional fees based on the transfer amount or speed. Encouraging the use of an online calculator, if available, can help consumers find the best deal by comparing the total costs associated with each service, considering both domestic and international options.

Impact of Payment Methods on Fees

Choosing the right payment method can significantly affect the fees incurred during a money transfer. For example, credit cards may involve higher fees when used for international money transfer charges due to processing fees and interest rates, while direct bank transfers from a checking account may offer lower fees for transferring money internationally.

Cash transactions, especially through services like Western Union, are immediate but may carry higher fees, particularly for in-person transfers. An international transfer, on the other hand, may incur additional charges related to exchange rates and fees specific to the services facilitating these transactions, like MoneyGram, Revolut, Wise, and Payoneer. Each method, from wire transfers to ACH transfers, has its own set of pros and cons, influencing the total cost and speed of the transaction. It's vital to understand these differences to choose the most cost-effective method for sending money both internationally and domestically.

How Currency Fluctuations Influence Transfer Costs

Exchange rates fluctuate, impacting the cost-effectiveness of international money transfers. The mid-market rate is the fairest rate but is often marked up by financial institutions to cover their services, affecting the amount of foreign currency received. For those who transfer money internationally on a regular basis, using tools that track exchange rates or opting for a money transfer service that offers rate locks can provide savings.

Strategies like monitoring the Federal Reserve's wire transfer network and exchange rate trends, or choosing moments of favorable currency strength, are essential for those who need to manage international bank account numbers or business transactions involving foreign partners.

Tips to Save Money and Reduce Transfer Fees

In today's world, efficiently managing money transfers is crucial, whether sending funds domestically or internationally. Understanding how to minimize fees can save you a significant amount of money over time. Here are some strategic tips for reducing transfer fees and making sure you get the most out of your transactions:

• Consolidate Transfers: Combining multiple small transfers into one larger transaction can significantly reduce fees, since many financial institutions offer lower fees for larger amounts.
• Explore Fee-Free Options: Research services that don't charge transfer fees or that offer a loyalty program that reduces or even eliminates certain fees for regular customers.
• Negotiate Fees: Contact your bank or transfer service to discuss personalized rates. Frequent users transferring large sums may have leverage to negotiate better terms.
• Timing Flexibility: When you make transfers can affect the fees you pay. Be flexible about when you send money — sometimes waiting for a less busy transfer period can result in lower fees.
• Choosing the Right Transfer Method: Use online transfer options whenever possible, since they can be more affordable than in-person transfers. For domestic transfers, consider using direct bank transfers or ACH transfers, which typically carry lower fees than wire transfers.

[⚠️ FLAGGED PARAGRAPH — translated faithfully below, but this mixes DDA account-opening with international remittance pricing in one paragraph and directly compares price against competitors. Recommend splitting into two separate paragraphs/sections before publishing, per your DDA/Remesas separation rule:]

You can also open a Común account, which offers a variety of transfer methods at low or no cost. Our customers can send international money transfers starting at $2.99, a fraction of what competitors charge, and get the added benefit of opening a U.S. bank account.

By adopting these strategies, you can effectively reduce the costs associated with money transfers. Always be sure to read the fine print and watch out for hidden fees. With the right approach, you can get the most out of your financial transactions and make sure more of your money reaches its intended destination.

Conclusion

In conclusion, understanding the many fees associated with money transfers is essential for anyone looking to manage their finances efficiently, whether for personal or business purposes. This article has explored the various types of fees, from flat and percentage-based fees to currency conversion fees and service charges, highlighting how they can affect your transactions. It has also provided insight into how to compare costs across different services, the impact of payment methods on fees, and how currency fluctuations influence transfer costs. Most importantly, it offered practical strategies for minimizing these fees, like consolidating transfers, negotiating better rates, being flexible with timing, and selecting the most cost-effective transfer method.

Armed with this knowledge, you can make more informed decisions, potentially saving a significant amount of money and avoiding unnecessary costs. Remember, the key to maximizing the value of your transfers lies in a deep understanding of fee structures and choosing the right strategies to mitigate these costs. As you navigate the complex world of financial transactions, take proactive steps to educate yourself and explore all available options to make sure your money works harder for you.

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Difference Between a Savings Account and a Checking Account

Need a safe, simple way to manage your money? It’s important to understand the different bank account types offered by U.S. financial institutions and digital platforms.

Two primary examples are savings accounts and checking accounts. While common in the U.S., they differ in important ways especially relevant when you’re new to managing money in a new country.

It’s easy to assume both accounts do the same thing. Below, we detail what each account is, the main differences, comparisons, and examples.

What is a checking account?

A checking account is one of the most popular financial products. It’s designed for frequent transactions: receiving pay, sending transfers, and paying at physical and online merchants.

These are the main benefits of opening a checking account:

• Allows frequent deposits and withdrawals.

• Includes a debit card for purchases.

• Makes bill payments and transfers easy.

• Ideal for day-to-day income and expense management.

• Access to mobile/online banking.

• Some still offer paper checks for secure payments.

What is a checking account used for?

A checking account has multiple functions, for example:

• Receive your paycheck via direct deposit—securely and quickly.

• Pay utilities like electricity, water, or internet.

• Make purchases online or in stores.

• Withdraw cash at ATMs or participating retailers.

• Send money transfers to others easily.

• Track your money in real time.

In short, this account type covers everyday needs with simple, accessible tools.

Here’s where you can learn about different checking account types and their features.

What is a savings account?

Unlike checking, a savings account is for setting money aside longer term and growing it through interest.

Advantages of a savings account:

• Fewer routine transactions; focused on building funds.

• Can earn interest on your balance.

• Useful for mid- to long-term goals.

• Generally limits monthly withdrawals.

• Ideal for an emergency fund or setting aside money for unexpected expenses.

Want to understand how bank accounts work in the U.S.? Don’t miss our explainer with all the details.

Key differences between checking and savings

Though different, both accounts complement each other to cover short-, mid-, and long-term financial needs.

These are the main differences between them.

Access and usage

• Checking: money is available anytime for daily transactions—transfers, cash withdrawals, and bill payments via cards and digital channels.

• Savings: access is more limited because the goal is saving and growth; transfers are still possible.

Interest earnings

• Checking: most don’t pay interest; those that do tend to offer very low rates.

• Savings: the core feature is interest over time—protecting and growing funds without high-risk investing.

Learn about joint bank accounts, an excellent way to manage finances as a team.

Primary purpose

• Checking: mainly for short-term holding to cover daily expenses, receive wages, and make purchases with a debit card.

• Savings: to keep money safe and earn interest so it doesn’t lose value to inflation; a reserve for emergencies or long-term plans like trips, celebrations, or moves.

Costs and requirements

• Checking: many have monthly maintenance fees, often waived with a minimum balance or regular direct deposits.

• Savings: typically fewer fees than checking, but may require a minimum balance to avoid charges; some require keeping funds for a set period before withdrawal.

As you can see, the decision to open a checking or savings account depends on your needs. However, combining both is a strategic decision for financial management. On the one hand, a checking account allows you to keep up with daily payments, while a savings account is designed to plan for the future and keep your money separate.

Manage your money in the U.S. with Común

In this article, you learned the difference between checking (for daily transactions) and savings (for growing money over time to meet future goals).

Immigrants arriving in the U.S. need bank accounts that offer security and trust, yet often face hurdles due to strict requirements that disadvantage many in the community.

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• Checking account with clear, competitive fees.

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• Debit card for everyday purchases and payments.

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Frequently Asked Questions (FAQ)

If you still have questions, check out our FAQ section.

Which is better, checking or savings?

It depends on your needs. If you're looking for an account for everyday transactions, such as transfers and deposits, receiving paychecks, and making utility payments, a checking account may be an option. If you want to save your money for the long term, consider a savings account.

Can I have both checking and savings?

Yes, you can separate your goals and organize your money. Use a checking account that supports domestic and international transfers with clear, affordable fees, and keep a savings account to plan long-term.

Which account suits newly arrived immigrants best?

Común is a financial platform with accessible onboarding requirements and fair, competitive pricing.

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The 100 Questions about American Citizenship in Spanish

Reaching the point where you're preparing for the citizenship exam is already a major milestone. It reflects time, effort, and a commitment to building your future in the United States.

In this guide, you'll find the 100 civic questions for the U.S. Citizenship exam provided by the U.S. Citizenship and Immigration Services (USCIS), the government agency that reviews and processes citizenship applications. These are the questions from the civics test, translated into Spanish with their answers and organized by category aimed to support you while you prepare. The exam is administered by USCIS and is oral, not written. You'll be asked up to 10 questions out of the 100.

How does the US citizenship test work?

The U.S. citizenship exam generally consists of two parts, an English test and a civics test. Understanding how each one of them works could make the process feel more manageable. The English evaluation is conducted through an interview, in which an officer evaluates your English language skills through simple speaking, reading, and writing exercises. In the civics portion, the officer asks up to 10 questions out of a list of 100. They are about U.S. history, government, geography and holidays. To pass the test you must answer at least 6 of them correctly. It is important to consider that this entire part of the exam is oral.

If you do not pass a section the first time, you will usually have a second opportunity to retake the failed portion within 60 to 90 days. To start the application for citizenship, you must submit a form called Form N-400, which is the official application for naturalization, and as of 2026, the filing cost is $760, however, fees are subject to change.

Who can take the exam in Spanish?

If you are 65 or older and have been a permanent resident for at least 20 years, you may qualify to take the civics test in Spanish. This special rule, provided by USCIS, is designed to make the process more accessible for long-term residents. In this case, you do not need to study all 100 questions, you only need to study 20 of the 100 questions. In our list we will mark them with an asterisk (*). It is recommended to always consult and review the specific requirements of your own case with the corresponding authorities.

The 100 Official Citizenship Civics Test Questions (with answers in Spanish)

Here you will find the 100 official questions that USCIS may ask you during your citizenship exam, along with their answers in Spanish. However, keep in mind that the actual interview is conducted in English, unless you qualify for an exemption.

Part A: The American government (questions 1-57)

Principles of American Democracy (1–12)

1. What is the supreme law of the land?

• the Constitution

2. What does the Constitution do?

• sets up the government
• defines the government
• protects basic rights of Americans

3. The idea of self-government is in the first three words of the Constitution. What are these words?

• We the People

4. What is an amendment?

• a change (to the Constitution)
• an addition (to the Constitution)

5. What do we call the first ten amendments to the Constitution?

• the Bill of Rights

6. What is one right or freedom from the First Amendment?*

• speech
• religion
• assembly
• press
• petition the government

7. How many amendments does the Constitution have?

• twenty-seven (27)

8. What did the Declaration of Independence do?

• announced our independence (from Great Britain)
• declared our independence (from Great Britain)
• said that the United States is free (from Great Britain)

9. What are two rights in the Declaration of Independence?

• life
• liberty
• pursuit of happiness

10. What is freedom of religion?

• You can practice any religion, or not practice a religion.

11. What is the economic system in the United States?*

• capitalist economy
• market economy

12. What is the "rule of law"?

• Everyone must follow the law.
• Leaders must obey the law.
• Government must obey the law.
• No one is above the law.

System of Government (13–47)

13. Name one branch or part of the government.*

• Congress
• legislative
• President
• executive
• the courts
• judicial

14. What stops one branch of government from becoming too powerful?

• checks and balances
• separation of powers

15. Who is in charge of the executive branch?

• the President

16. Who makes federal laws?

• Congress
• Senate and House (of Representatives)
• (U.S. or national) legislature

17. What are the two parts of the U.S. Congress?*

• the Senate and House (of Representatives)

18. How many U.S. Senators are there?

• one hundred (100)

19. We elect a U.S. Senator for how many years?

• six (6)

20. Who is one of your state's U.S. Senators now?*

• Answers will vary.
• [District of Columbia residents and residents of U.S. territories should answer that D.C. (or the territory where the applicant lives) has no U.S. Senators.]

21. The House of Representatives has how many voting members?

• four hundred thirty-five (435)

22. We elect a U.S. Representative for how many years?

• two (2)

23. Name your U.S. Representative.

• Answers will vary.
• [Residents of territories with nonvoting Delegates or Resident Commissioners may provide the name of that Delegate or Commissioner. Also acceptable is any statement that the territory has no (voting) Representatives in Congress.]

24. Who does a U.S. Senator represent?

• all people of the state

25. Why do some states have more Representatives than other states?

• (because of) the state's population
• (because) they have more people
• (because) some states have more people

26. We elect a President for how many years?

• four (4)

27. In what month do we vote for President?*

• November

28. What is the name of the President of the United States now?*

• Visit uscis.gov/citizenship/testupdates for the name of the President of the United States.

29. What is the name of the Vice President of the United States now?

• Visit uscis.gov/citizenship/testupdates for the name of the Vice President of the United States.

30. If the President can no longer serve, who becomes President?

• the Vice President

31. If both the President and the Vice President can no longer serve, who becomes President?

• the Speaker of the House

32. Who is the Commander in Chief of the military?

• the President

33. Who signs bills to become laws?

• the President

34. Who vetoes bills?

• the President

35. What does the President's Cabinet do?

• advises the President

36. What are two Cabinet-level positions?

• Secretary of Agriculture
• Secretary of Commerce
• Secretary of Defense
• Secretary of Education
• Secretary of Energy
• Secretary of Health and Human Services
• Secretary of Homeland Security
• Secretary of Housing and Urban Development
• Secretary of the Interior
• Secretary of Labor
• Secretary of State
• Secretary of Transportation
• Secretary of the Treasury
• Secretary of Veterans Affairs
• Attorney General
• Vice President

37. What does the judicial branch do?

• reviews laws
• explains laws
• resolves disputes (disagreements)
• decides if a law goes against the Constitution

38. What is the highest court in the United States?

• the Supreme Court

39. How many justices are on the Supreme Court?

• Visit uscis.gov/citizenship/testupdates for the number of justices on the Supreme Court.

40. Who is the Chief Justice of the United States now?

• Visit uscis.gov/citizenship/testupdates for the name of the Chief Justice of the United States.

41. Under our Constitution, some powers belong to the federal government. What is one power of the federal government?

• to print money
• to declare war
• to create an army
• to make treaties

42. Under our Constitution, some powers belong to the states. What is one power of the states?

• provide schooling and education
• provide protection (police)
• provide safety (fire departments)
• give a driver's license
• approve zoning and land use

43. Who is the Governor of your state now?

• Answers will vary. [District of Columbia residents should answer that D.C. does not have a Governor.]

44. What is the capital of your state?*

• Answers will vary. [District of Columbia residents should answer that D.C. is not a state and does not have a capital. Residents of U.S. territories should name the capital of the territory.]

45. What are the two major political parties in the United States?*

• Democratic and Republican

46. What is the political party of the President now?

• Visit uscis.gov/citizenship/testupdates for the political party of the President.

47. What is the name of the Speaker of the House of Representatives now?

• Visit uscis.gov/citizenship/testupdates for the name of the Speaker of the House of Representatives.

Rights and responsibilities (48–57)

48. There are four amendments to the Constitution about who can vote. Describe one of them.

• Citizens eighteen (18) and older (can vote).
• You don't have to pay (a poll tax) to vote.
• Any citizen can vote. (Women and men can vote.)
• A male citizen of any race (can vote).

49. What is one responsibility that is only for United States citizens?*

• serve on a jury
• vote in a federal election

50. Name one right only for United States citizens.

• vote in a federal election
• run for federal office

51. What are two rights of everyone living in the United States?

• freedom of expression
• freedom of speech
• freedom of assembly
• freedom to petition the government
• freedom of religion
• the right to bear arms

52. What do we show loyalty to when we say the Pledge of Allegiance?

• the United States
• the flag

53. What is one promise you make when you become a United States citizen?

• give up loyalty to other countries
• defend the Constitution and laws of the United States
• obey the laws of the United States
• serve in the U.S. military (if needed)
• serve (do important work for) the nation (if needed)
• be loyal to the United States

54. How old do citizens have to be to vote for President?*

• eighteen (18) and older

55. What are two ways that Americans can participate in their democracy?

• vote
• join a political party
• help with a campaign
• join a civic group
• join a community group
• give an elected official your opinion on an issue
• call Senators and Representatives
• publicly support or oppose an issue or policy
• run for office
• write to a newspaper

56. When is the last day you can send in federal income tax forms?*

• April 15

57. When must all men register for the Selective Service?

• at age eighteen (18)
• between eighteen (18) and twenty-six (26)

Part B: American history (questions 58-87)

Colonial Period and Independence

58. What is one reason colonists came to America?

• freedom
• political liberty
• religious freedom
• economic opportunity
• practice their religion
• escape persecution

59. Who lived in America before the Europeans arrived?

• American Indians
• Native Americans

60. What group of people was taken to America and sold as slaves?

• Africans
• people from Africa

61. Why did the colonists fight the British?

• because of high taxes (taxation without representation)
• because the British army stayed in their houses (boarding, quartering)
• because they didn't have self-government

62. Who wrote the Declaration of Independence?

• (Thomas) Jefferson

63. When was the Declaration of Independence adopted?

• July 4, 1776

64. There were 13 original states. Name three.

• New Hampshire
• Massachusetts
• Rhode Island
• Connecticut
• New York
• New Jersey
• Pennsylvania
• Delaware
• Maryland
• Virginia
• North Carolina
• South Carolina
• Georgia

65. What happened at the Constitutional Convention?

• The Constitution was written.
• The Founding Fathers wrote the Constitution.

66. When was the Constitution written?

• 1787

67. The Federalist Papers supported the passage of the U.S. Constitution. Name one of the writers.

• (James) Madison
• (Alexander) Hamilton
• (John) Jay
• Publius

68. What is one thing Benjamin Franklin is famous for?

• U.S. diplomat
• oldest member of the Constitutional Convention
• first Postmaster General of the United States
• writer of "Poor Richard's Almanac"
• started the first free libraries

69. Who is the "Father of Our Country"?

• (George) Washington

70. Who was the first President?*

• (George) Washington

1800s

71. What territory did the United States buy from France in 1803?

• the Louisiana Territory
• Louisiana

72. Name one war fought by the United States in the 1800s.

• War of 1812
• Mexican-American War
• Civil War
• Spanish-American War

73. Name the U.S. war between the North and the South.

• the Civil War
• the War between the States

74. Name one problem that led to the Civil War.

• slavery
• economic reasons
• states' rights

75. What was one important thing that Abraham Lincoln did?*

• freed the slaves (Emancipation Proclamation)
• saved (or preserved) the Union
• led the United States during the Civil War

76. What did the Emancipation Proclamation do?

• freed the slaves
• freed slaves in the Confederacy
• freed slaves in the Confederate states
• freed slaves in most Southern states

77. What did Susan B. Anthony do?

• fought for women's rights
• fought for civil rights

Recent American History and Other Important Historical Information

78. Name one war fought by the United States in the 1900s.*

• World War I
• World War II
• Korean War
• Vietnam War
• (Persian) Gulf War

79. Who was President during World War I?

• (Woodrow) Wilson

80. Who was President during the Great Depression and World War II?

• (Franklin) Roosevelt

81. Who did the United States fight in World War II?

• Japan, Germany, and Italy

82. Before he was President, Eisenhower was a general. What war was he in?

• World War II

83. During the Cold War, what was the main concern of the United States?

• Communism

84. What movement tried to end racial discrimination?

• civil rights (movement)

85. What did Martin Luther King, Jr. do?*

• fought for civil rights
• worked for equality for all Americans

86. What major event happened on September 11, 2001, in the United States?

• Terrorists attacked the United States.

87. Name one American Indian tribe in the United States.

• [USCIS Officers will be supplied with a list of federally recognized American Indian tribes.]
• Cherokee
• Navajo
• Sioux
• Chippewa
• Choctaw
• Pueblo
• Apache
• Iroquois
• Creek
• Blackfeet
• Seminole
• Cheyenne
• Arawak
• Shawnee
• Mohegan
• Huron
• Oneida
• Lakota
• Crow
• Teton
• Hopi
• Inuit

Part C: Geography and civic integration (questions 88-100)

Geography

88. Name one of the two longest rivers in the United States.

• Missouri (River)
• Mississippi (River)

89. What ocean is on the West Coast of the United States?

• Pacific (Ocean)

90. What ocean is on the East Coast of the United States?

• Atlantic (Ocean)

91. Name one U.S. territory.

• Puerto Rico
• U.S. Virgin Islands
• American Samoa
• Northern Mariana Islands
• Guam

92. Name one state that borders Canada.

• Maine
• New Hampshire
• Vermont
• New York
• Pennsylvania
• Ohio
• Michigan
• Minnesota
• North Dakota
• Montana
• Idaho
• Washington
• Alaska

93. Name one state that borders Mexico.

• California
• Arizona
• New Mexico
• Texas

94. What is the capital of the United States?*

• Washington, D.C.

95. Where is the Statue of Liberty?*

• New York (Harbor)
• Liberty Island
• [Also acceptable are New Jersey, near New York City, and on the Hudson (River).]

Symbols

96. Why does the flag have 13 stripes?

• because there were 13 original colonies
• because the stripes represent the original colonies

97. Why does the flag have 50 stars?*

• because there is one star for each state
• because each star represents a state
• because there are 50 states

98. What is the name of the national anthem?

• The Star-Spangled Banner

Holidays

99. When do we celebrate Independence Day?*

• July 4

100. Name two national U.S. holidays.

• New Year's Day
• Martin Luther King, Jr. Day
• Presidents' Day
• Memorial Day
• Independence Day
• Labor Day
• Columbus Day
• Veterans Day
• Thanksgiving
• Christmas

Frequently Asked Questions about the Citizenship Exam

How many questions are asked on the citizenship exam?

During the civics portion, an officer from USCIS will ask up to 10 questions out of a list of 100. You need to answer at least 6 correctly to pass this part of the test.

Is the citizenship exam in English or Spanish?

The exam is conducted in English, including both the English and civics portions. However, applicants who qualify for the 65/20 exemption can take the civics test in Spanish. Make sure you verify if the exemption applies in your specific case with the corresponding authorities.

What happens if I don't pass the exam the first time?

If you fail either the English or civics section, you are given a second opportunity to retake the part you did not pass. This second interview typically takes place within 60 to 90 days.

How much does the citizenship exam cost in 2026?

The exam itself does not have a separate fee, but it is included in the naturalization application. As of 2026, the cost to file Form N-400 is $760, though it's always a good idea to verify updates directly with USCIS.

Do the citizenship exam questions change?

The list of questions is updated occasionally by USCIS. The current version is based on the reinstated 2008 civics test, which remains the standard as of 2026.

Can I study the citizenship questions in Spanish?

Yes, many applicants study the questions in Spanish to better understand the content. However, the actual exam is conducted in English unless you qualify for an exemption like the 65/20 rule.

5 Tips for Studying for and Passing Your Citizenship Exam

Preparing for the citizenship test doesn't have to feel overwhelming. Approaching it with a plan and consistency could be the key for a smoother experience. Here are some general tips we've enlisted for preparing for your citizenship exam:

Study by category, avoid trying to learn all of them at once.

Break the 100 questions into topics like history, government, and geography. This makes it easier to understand patterns instead of trying to memorize everything in one go.

Practice your answers out loud.

The exam is oral, so it's important to get comfortable saying your answers, not just recognizing them. This helps with confidence during the interview.

Start with questions that change.

Aim to focus first on answers that can vary, like the current president or your state's senators. Learning these early helps you avoid confusion later in the process.

Use flashcards and try to study with someone.

Flashcards are a great tool for repetition and reinforcing memory. If possible try practicing with a friend or family member to simulate the real experience of being asked questions.

Don't panic if you don't know everything.

You don't need a perfect score. You only need to answer 6 out of 10 questions correctly, so focus on being consistent, not perfect.

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Having a bank account is an essential step for people arriving to work in the United States, since it makes it easier for them to manage their salaries and adapt to the country’s financial system.

This can be a complicated process, since in the United States there is a wide variety of financial institutions, such as traditional banks with hundreds of branches, digital banks, and credit unions.

Among the most well-known are Bank of America, Capital One, and Wells Fargo, which enjoy significant recognition in the country. However, it is not possible to name one as the best: this depends on the specific needs of users.

For example, immigrants in the United States look to prioritize ease of account opening, as well as the ability to send remittances to their loved ones.

In this article, we will explain which are the best banks in the U.S., their features, requirements, and everything you need to know before opening an account.

The 6 Best Banks in the United States in 2025

Below, we present a comparative table of the best banks in the U.S.

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How to Choose the Best Bank to Open an Account

If you are about to start your financial life in the United States, choosing a bank where you open an account is a very important decision. Each has its own requirements and benefits, so you should look for the one that best fits your expectations.

These are the most relevant criteria you should analyze before choosing the best option for you.

Accepted Identification

Many banks request the SSN (Social Security Number) to process a bank account, while others accept alternatives such as the ITIN or a passport.

Support and Availability

Although some banks do offer support in other language, like Spanish, not all of them do. Verify that the institution you choose can clearly answer your questions.

Cash Deposits and Withdrawals

If you frequently receive cash payments, it is important that your bank allows you to make cash deposits at branches near you and without fees.

Transfers and Remittances

Sending remittances is a crucial issue for immigrants, so you should review the fees for international money transfers. These are often more expensive in traditional banks due to intermediaries and exchange rates.

Digital Security

Verify that the bank has security measures in digital banking, as well as backing from official institutions such as the FDIC.

5 Digital Finance Platforms in the United States

Beyond traditional banks, you can also turn to digital alternatives, which tend to be more accessible.

Digital banks or financial platforms are institutions that operate online through mobile apps and websites. They do not depend on physical branches and tend to make processes easier in favor of financial inclusion.

There are financial platforms focused on meeting the needs of immigrants in the United States, as they address gaps and obstacles of traditional banks with flexible account-opening requirements, accessible fees for remittance sending, and ease of depositing cash.

Común

Advantages: focused on the needs of immigrants, support available in Spanish, and has accessible account-opening requirements.

Disadvantages: it does not have physical branches or an ATM network, but you will always be able to access your digital money from the palm of your hand, without time restrictions; you can also withdraw and make cash deposits at thousands of locations in the United States.

Ally

Advantages: 100% digital bank with High Interest Rates (APY) on savings accounts.

Disadvantages: it is not possible to make direct deposits.

Axos

Advantages: offers various types of accounts and attainable options for students and immigrants.

Disadvantages: limited support in Spanish.

Chime

Advantages: offers accounts with no monthly fees, ATM network, and payroll advance.

Disadvantages: difficulty in making cash deposits.

Discover

Advantages: offers credit cards with rewards, checking and savings accounts without monthly fees.

Disadvantages: few cash deposit options, and it is not focused on the needs of immigrant communities.

Común: A financial platform for immigrants in the U.S.

As you can see, there is a variety of financial institutions you can turn to, and access to a full range of services such as cash deposits, transfers, financial management, etc.

That is why you must be clear about what you are looking for in a U.S. bank account and how you could meet your needs.

Most traditional banks tend to have stricter requirements and higher operating costs. For this reason, many immigrants consider digital financial platforms as an alternative, since they are often more accessible and designed with services that address their needs.

Común is a fintech platform that can support you in starting your financial journey in the United States, offering benefits such as:

• Open your account with the qualified official identification from your country of origin

• Forget about hidden fees and minimum balances 

• Send money to your loved ones in Latin America for a fee starting at $2.99 USD (up to the applicable limits)

• Access a network of more than 88,000 locations for cash deposits and withdrawals

• Access Spanish-language support available 24 hours a day

• Get a Visa debit card

• Manage your finances from a comprehensive and easy-to-use mobile app

Open your account today and start sending money through Común’s mobile app.

Frequently Asked Questions

If you have more questions, check our FAQ section.

Which is the safest bank in the U.S.?

FDIC insurance is relevant to determine if a bank is safe. Traditional banks have this backing, as do digital banks like Revolut (through Sutton Bank) and fintech platforms such as Común.

Which bank charges fewer monthly fees for a bank account?

Many digital banks and fintech platforms, including Común, often offer competitive rates. This can be due to lower operating costs, since they do not maintain physical branches. However, fees and account features vary by provider.

Father's Day in the United States and Latin America

When is Father's Day? In the United States, Father's Day in 2026 falls on June 21, the third Sunday of June. However, if your dad lives in Mexico, Guatemala, Honduras, or other countries across Latin America, his day might land on a completely different date. This guide provides an overview of Father's Day dates across the United States and Latin America so you can plan ahead and stay connected with family members abroad.

One holiday, many dates

Father's Day is an important occasion for many families across the continent. Yet, not every country celebrates Father's Day on the same fixed dates. In the US and most of Latin America, it falls on the third Sunday of June. However, Honduras celebrates it on March 19, Guatemala and El Salvador on June 17, and the Dominican Republic on the last Sunday of July.

If your family is spread across countries, it's easy to lose track. Here's a full breakdown so you have everything in one place.

When is Father's Day in each Latin American country and the US? (2026)

You can save this table and share it with your family group chat!

When's Father's Day in the United States?

In the US, Father's Day is celebrated on the third Sunday of June. In 2026, that's June 21.

The tradition dates back to the early 1900s, when Sonora Smart Dodd advocated to recognize fathers after being raised by a single dad. Over time, it became a national celebration of fatherhood and family.

Today, Father's Day in the US is a major occasion. Families gather for backyard barbecues, attend church services, catch a game together, or simply spend time at home. Restaurants fill up for Sunday brunch. Gift cards, tools, grilling accessories, and heartfelt cards dominate store shelves the week before.

For many immigrant families in the US, Father's Day can also carry some emotional weight. Many fathers are in the U.S. working thousands of miles away from their own fathers back home, building a future for their children. On an occasion like this, distance can feel heavy and a phone call becomes more than a call. For many families sending money back home becomes more than a transaction.

Father's Day in Mexico

Mexico celebrates on the same date as the US, the third Sunday of June; in 2026, the holiday falls on June 21. While it is not an official public holiday, it is widely celebrated.

In Mexico, Father's Day traditions are rooted in family. Mothers and children often wake up early to prepare a special breakfast, from chilaquiles, tamales to whatever papá loves the most. Schools hold events in the days leading up to it, where children make gifts and perform songs. The whole family tends to gather for a long lunch or dinner, and it's common for the celebration to include music, toasts, and storytelling that lasts well into the evening.

If your father is in Mexico and you're in the US, June 21 in 2026 is your shared moment. A video call during the family meal means you're at the table even when you can't be.

Father's Day in Central America

Father's Day dates vary throughout Central America.

Guatemala and El Salvador both celebrate on June 17. This is rare as it is a fixed date not tied to a Sunday. Families tend to celebrate in two ways: a smaller, symbolic recognition on June 17 itself (calls, gifts, meals), and a larger gathering on the nearest weekend if needed.

Nicaragua celebrates on June 23, also a fixed date. This year, it falls just two days after the US date, but those two days are important if you're planning to make a call or even a money transfer.

Honduras is an exception in the region, as Father's Day there is celebrated on March 19, the feast day of Saint Joseph. This Catholic tradition, also observed in Spain, Bolivia, and parts of Europe, associates fatherhood with the figure of Joseph as a protector and provider. If your father is in Honduras, it's worth keeping in mind that his day comes in the spring, not the summer.

Father's Day in South America

Colombia, Venezuela, Peru, Chile, and Argentina all celebrate Father's Day on the third Sunday of June. In 2026 that would be on June 21. In Colombia, it is treated as a major family occasion, often centered around a long Sunday lunch with live music. Venezuela and Peru follow similar traditions of home gatherings and special meals. Children participate by preparing performances, arts and crafts.

Ecuador is a slight variation: the celebration occurs on the second Sunday of June, which in 2026 falls on June 14, one week earlier than the US.

Father's Day in the Caribbean

The Dominican Republic is an exception in the region, celebrating on the last Sunday of July, which falls on July 26 in 2026. If your dad is from the Dominican Republic, it's important to remember that his special day is a full month after most of Latin America.

Gift ideas when your father is in another country

Distance doesn't change Father's Day, but it does change how you can show up. Not being there in person can feel difficult and sometimes you can struggle to find ways to show that you care. That can also feel like pressure, but what you do carries more intention, and that intention is what matters.

• Call him, but plan it. Don't just dial and hope he's free. Coordinate with family members so that when you call, he is available. Some people even plan to call during the special celebration, as people are gathered, the meal is on the table and your face on the screen is part of the festivities
• Send a voice message or video. A fun video showing him some parts of your life in the U.S. — your family, your city. A voice message with a special message that he can replay. These might feel like small efforts but when it comes from the heart and distance is involved they matter the most
• A treat for the party. Sometimes paying for the whole meal on Father's Day or the live music or even the decorations can show that even if you're far you can still get involved. To make sure you can contribute you can always send a remittance to your family members who are organizing the celebration
• Send money with meaning. While sending a remittance on Father's Day might feel familiar if you're supporting your family, the reality is that the context changes it. Choosing to send money on that specific day signals attention and care. It shows that you're present while you give your father the freedom to spend on what he needs or wants the most
• Make it specific. A new pair of shoes, the gadget he's been talking about for weeks or tickets to something he enjoys. To make sure he can experience it, you can transfer the money directly to him or a family member if he loves a surprise

How to send money to your dad for Father's Day?

There are many service providers for remittances and international transfers, the choice is between how it will reach him and what it will cost you. The right option depends on your priorities whether that's speed, cost fees, and how your dad actually receives money where he lives.

Digital remittance services

Companies like Remitly, MoneyGram, Wise and Común are becoming a more common way for people in the U.S. to send money abroad.

They often offer:

• Fast delivery options. Many transfers generally arrive the same day or within minutes, especially with debit card payments
• Flexible deliveries. You can send it to a bank account, mobile wallet, or cash pickup depending on the country
• Easy to use services. Sending a remittance from your phone without having to go to a location. Some apps are even built specifically for sending money internationally. For example, Común's app is available in Spanish

What to be mindful of?

• Costs. The costs can either be presented with a fixed fee and/or a markup within the exchange rate. It is important to understand the costs of the selected services
• Rates change constantly. Exchange rates are often changing and it's important to be considerate of those changes
• Some might not offer cash pickup options. Remitly, MoneyGram and Común offer cash options that can change depending on the country where the money is sent. For example, Común offers cash options at Elektra and Oxxo in Mexico

Traditional bank transfers

This means sending a wire from your U.S. bank directly to your dad's bank account.

These transfers often offer:

• Familiar banking infrastructure. Banks are regulated and familiar to many people
• Higher transfer limits. They tend to offer higher limits for transfers than other digital services

What to be mindful of?

• Costs. Fees for sending and receiving, as well as exchange rates can be less competitive than other service providers
• Slower timing. Some transfers may take several business days
• Limited flexibility. No cash pickup or alternative delivery methods

Cash pickup transfers

You can send money in person or online for cash pickup through services like Western Union or MoneyGram.

These may be useful for recipients who:

• Prefer cash. This is useful if your dad prefers cash or doesn't have a bank account
• Fast availability. Often available within minutes
• Wide accessibility. Some companies have large networks with locations available in many countries

What to be mindful of?

• Costs. Fees and exchange rates tend to be less favorable
• Less transparent pricing. Harder to compare total cost upfront
• Location considerations. Cash pickups rely on the locations being open and having sufficient cash on site

What to prioritize for a Father's Day remittance?

• If timing is what matters the most. It could be worth considering a service with same-day delivery or cash pickup
• If cost matters most. It is advisable to compare options, especially fixed fees and exchange rate markup within exchange rates
• If convenience matters most. It might be more important to choose the option that requires less effort for your dad on his special day

Frequently Asked Questions

When is Father's Day in the United States in 2026?

June 21, 2026.

When is Father's Day in Mexico in 2026?

June 21, 2026.

When is Father's Day in Colombia in 2026?

June 21, 2026, same as the U.S.

When is Father's Day in Guatemala and El Salvador?

Both countries celebrate on June 17, a fixed date each year. In 2026, that's a Wednesday.

When is Father's Day in Honduras?

Honduras celebrates on March 19 each year.

Why does Father's Day fall on different dates in different countries?

Two main traditions shaped the holiday globally. The U.S. model, established in the early 20th century, set the third Sunday of June. Catholic countries in Europe and Latin America often tied the celebration to March 19, the day of Saint Joseph, considered the earthly father of Jesus and protector of fathers and workers. Countries adopted one tradition or the other, or in some cases chose their own fixed date entirely.

When is Father's Day in the Dominican Republic?

The last Sunday of July. In 2026, that's July 26.

When is Father's Day in Ecuador?

The second Sunday of June. In 2026, that falls on June 14.

Can I send money to my dad for Father's Day?

Yes. There are many financial institutions and remittance service providers in the US that offer many different options such as wires to cash pickups.

Will my remittance arrive to my father the same day?

It depends on how you send it, when you send it, and how your dad receives it. Same-day delivery is possible from the U.S., but it's not automatic. Check with your chosen service provider to understand the times and if there are fees for faster delivery.

Being there, even from far away

No matter where your dad is, Father's Day is about showing up in a way that reaches him. The date might change from country to country, and the way you celebrate might look different from what you grew up with, but the intention carries across borders. When you know when the day is, you can plan ahead, and support the celebration from wherever you are. If sending money is part of how you show up, Común offers different delivery options for remittances to México, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panamá, Colombia, Ecuador, Perú, Chile, Brasil, Argentina, Bolivia, Uruguay, Paraguay, and Dominican Republic. Don't let distance get in the way of building long lasting memories with your loved ones.

Remittance service provided by Service UniTeller, Inc. Service UniTeller, Inc. is licensed in all states that require one. Común Inc. may earn revenue from foreign currency conversion.

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Direct deposit vs wire transfer: comparison guide for U.S. immigrants

These payment methods are both available in the U.S. but they are often used for different purposes. Direct deposit is commonly used for paychecks, tax refunds, and government benefits, while wire transfers are more often used for urgent or high-value transfers between financial institutions.

Understanding the difference between direct deposit and wire transfers can help you avoid unnecessary fees, choose the right payment method for your situation, and manage your money more confidently.

What's the difference between direct deposit and wire transfer?

The biggest difference is the purpose they serve. Direct deposit is commonly used for recurring payments such as salaries, benefits, and tax refunds. Wire transfers are commonly used to move money quickly between financial institutions, particularly for large or time-sensitive transactions.

How direct deposit works

Direct deposit is one of the most common payment methods in the United States, particularly for employees receiving wages from an employer. Instead of issuing a paper check, an employer sends the payment electronically to the employee's bank account through the ACH network.

To set up direct deposit you need to provide your employer: your bank's routing number and your personal account number.

How wire transfer works

A wire transfer is an electronic transfer of funds between financial institutions through secure financial networks like Fedwire or SWIFT. Unlike direct deposit, wire transfers are better suited for large one-time payments, urgent payments, real estate transactions, or international transfers.

When to use each one

Use direct deposit for:

• Receiving your paycheck
• IRS tax refunds
• Social security or unemployment benefits
• Recurring business payments

Use wire transfer for:

• Real estate payments (down payment, closing)
• Urgent international transfers
• High-value business payments
• When the recipient specifically requires a wire transfer

How to set up direct deposit with Común

With your Común account, you can set up direct deposit by providing your Común routing number and account number to your employer. Your Común account has unique routing and account numbers available in the app. Visit comun.app to learn more.

FAQ

Is direct deposit faster than wire transfer?

Not necessarily. Domestic wire transfers can be faster (same day), while direct deposits usually take 1-3 business days. However, many accounts offer early access to direct deposits up to 2 days early.

How much does it cost to set up direct deposit?

Setting up direct deposit is generally no fee. Employers use the ACH network to send payroll electronically at no charge to the employee.

Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC.

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Sending Money to Latin America? What You Need to Know About the New 1% Tax

If you send money home to Mexico, Guatemala, Colombia, El Salvador, Honduras, or anywhere else in Latin America, a new federal law may affect the fees you pay per money transfer, depending on how you send it.

On July 4, 2025, the United States enacted the One Big Beautiful Bill Act (OBBBA), Public Law 119-21, which introduced a new federal excise tax on certain international money transfers. The tax, set at 1% of the transfer amount, applies to remittances made on or after January 1, 2026. However, not all transfers are taxable.

If you send money from a US bank account or using a US-issued debit or credit card, your transfer is exempt from the tax by statute. The tax applies only when you pay with cash, a money order, a cashier's check, or a similar physical instrument.

Understanding whether this tax applies to you and how it may affect your transfers can help you send money home with fewer surprises.

What Is the New 1% Remittance Tax?

It imposes a 1% federal excise tax on certain outbound remittance transfers, meaning money sent from a sender in the United States to a recipient in a foreign country, through a remittance service provider.

The tax is codified under IRC Section 4475, added to the Internal Revenue Code by Section 70604 of the OBBBA. It applies to all senders, regardless of citizenship or immigration status.

The tax was effective for transfers made after December 31, 2025, with collection beginning January 1, 2026.

Who Pays the Tax? Who Doesn't?

The key factor is how you fund the transfer, not how much you send, not where it goes, and not your immigration or citizenship status.

This means that if you often send money back home with a remittance service provider with physical locations (for example Western Union or MoneyGram) and pay with cash, a 1% tax will be added to your total transfer amount.

However, if you send money through a digital app or bank account linked to your US checking or savings account, or pay with a US-issued debit or credit card, the transfer is exempt from the tax under Section 4475.

How Is the Tax Collected?

The tax is collected at the point of transfer. When a taxable transaction occurs, the remittance transfer provider is responsible for collecting the 1% from the sender at the time the transfer is made.

Providers must then deposit the collected taxes with the IRS on a semimonthly schedule and file quarterly returns.

The Remittance Landscape in 2026

For millions of families across Latin America, the money that arrives from a relative in the United States can pay the rent, cover school fees, or put food on the table. In 2024, Latin America and the Caribbean received an estimated $161 billion in remittances, the vast majority sent from the US. Mexico alone received over $63.3 billion. In countries like El Salvador, Guatemala, Nicaragua, and Honduras, remittances represent between 19% and 26% of GDP.

For people already stretching every dollar between their own expenses in the US and the needs of family back home, an additional cost on each transfer can have an impact. How much it affects you depends largely on the tools available to you.

Cash agent networks (Western Union, MoneyGram, Intermex):

These are the traditional in-person options, often used by senders who mostly manage cash. Transfers funded with cash at these locations are subject to the 1% tax.

Digital apps (Remitly, Wise, Xoom, Común, and others):

These platforms typically process transfers from a linked US bank account or US-issued debit or credit card. These payment methods are exempt from the tax under Section 4475. However, fees and exchange rate margins may vary by provider.

Bank wire transfers:

Transfers sent directly from a US bank account at a Bank Secrecy Act–compliant institution are exempt from the tax by statute. Bank wire fees can be higher than digital app fees.

What This Means for You

If you send money home regularly, you already know that there are costs involved: transfer fees, exchange rate margins, sometimes a fee on the receiving end. Now, depending on how you send money, there may also be a new 1% federal tax. That may not sound like much in isolation, but if you're someone already careful about managing what to keep and what to send, it can add up.

There is no single right answer for everyone. Some people that have a US bank account can shift to a digital transfer method. Others who don't have that option yet, or may have reasons for continuing to send through an agent location. Whatever your situation is, a few things may help:

Know what you're being charged:

Before confirming any transfer, you should be able to see the fee, the exchange rate, any applicable taxes, and the exact amount your family will receive. Review everything before you hit send. Some service providers, like Común, offer in-app tools to help you calculate the costs before sending anything.

Compare the total cost:

A provider that charges no transfer fee but offers a weaker exchange rate can potentially cost more than one with a modest flat fee and a fair rate. The number that matters is what arrives on the other end.

If you have a US bank account or debit card, ask your provider about your options:

Transfers funded from a US bank account or US-issued debit or credit card are exempt from the tax under the current statute.

Ask your provider directly how they handle the tax:

Some providers may have updated their apps, websites, or agent instructions. If you're sending via a digital channel linked to your US bank account or debit or credit card, ask whether that payment method qualifies for the statutory exemption.

Manage your remittances confidently with Común

Having an account to receive electronic payments, track your spending, and send money directly may help make managing your financial life in the U.S. more convenient. Común accepts more than 100 valid Latin American IDs to open a debit account. With Común you get:

• A $2.99 flat fee per remittance transfer, with no hidden charges
• A checking account held at Community Federal Savings Bank, Member FDIC. Deposits are FDIC insured up to the applicable limits
• Transparent, in-app pricing where you can see exactly what each transfer will cost, including fees and the exchange rate, before you confirm
• 24/7 customer support in Spanish
• Cash pickup options for your recipient
• The ability to send transfers from the comfort of your phone

To learn more about Común's remittance services, visit comun.app/remittances.

FAQ

What is the new 1% Remittance Tax?

It is a federal excise tax introduced by the One Big Beautiful Bill Act (OBBBA), Public Law 119-21, codified as IRC Section 4475. It imposes a 1% tax on certain outbound money transfers from the United States to recipients in foreign countries. It applies only to transfers funded with cash, money orders, cashier's checks, or similar physical instruments.

When does the new remittance tax take effect?

The tax applies to remittance transfers made on or after January 1, 2026. It was signed into law on July 4, 2025, as part of the OBBBA. The IRS granted penalty relief to providers for the first three quarters of 2026, with full enforcement expected beginning Q4 2026.

Who has to pay the 1% tax?

The tax is owed by the sender, but it is collected and remitted to the IRS by the remittance transfer provider at the time of the transfer. It applies to all senders, regardless of citizenship or immigration status.

Are all money transfers from the US subject to the new tax?

No. The tax applies only to transfers funded with cash or physical instruments. Transfers funded from a US bank account at a Bank Secrecy Act–compliant institution, or paid with a US-issued debit or credit card, are exempt from the tax by statute.

How is the tax collected?

The remittance transfer provider collects the 1% tax from the sender at the time of transfer. Providers must deposit collected taxes with the IRS on a semimonthly schedule and file quarterly returns using Form 720.

How can I tell if my transfer is taxable?

It depends on how you're funding the transfer. If you are paying with cash, a money order, or a cashier's check at a remittance agent, the 1% tax likely applies. If you are sending money through a digital app or bank account using your US checking account or a US-issued debit or credit card, the transfer may be exempt under the current statute. Ask your provider directly to confirm how your specific payment method is classified.

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Banks that support Zelle in 2026: sending and receiving money in the U.S.

Zelle is built directly into many bank accounts in the U.S., which is why it has become one of the most widely used ways to send money. Today, more than 2,000 banks and credit unions offer access to the service.

Understanding how that network works is key to knowing whether you can use it with your account. That distinction matters more today than it did a few years ago. Since April 2025, Zelle is no longer available as a standalone app. Access depends entirely on whether your bank is part of the network.

What Is Zelle?

Zelle is a peer-to-peer payment network owned by Early Warning Services LLC (EWS), a company co-founded by seven of America's largest banks: Bank of America, Capital One, Chase, PNC, Truist, U.S. Bank, and Wells Fargo. It allows you to send money directly from your bank account to another person's bank account using only a phone number or email address. Transfers are typically completed within minutes.

What are the benefits of Zelle?

The main appeal of Zelle is its speed, simplicity, and convenience. Transfers are typically completed within minutes and move directly between bank accounts without the need to load funds into a separate app or digital wallet. In most cases, there are no fees for sending or receiving money, making it a practical option for everyday payments such as rent, shared expenses, or paying friends and family.

Because Zelle is integrated into your bank's app, there is usually no additional setup beyond enrolling your email address or mobile number. Funds are deposited directly into your account and are generally available quickly.

Why does bank support matter?

As of April 1, 2025, Zelle can only be accessed through participating financial institutions. If your bank or credit union does not support Zelle, you generally can't use the service.

Zelle supported banks list

Zelle partners with more than 2,300 financial institutions. To search for a specific bank or credit union, visit zellepay.com/get-started.

Below is a representative, not exhaustive list of financial institutions that currently offer Zelle:

Please note that Zelle limits often depend on factors such as account age, transaction history, recipient details, and other risk-based criteria established by the financial institution. Please refer to your financial institution for the most up-to-date information.

How to enroll in Zelle with your bank?

Since the standalone Zelle app has been discontinued, you must enroll through a participating bank or credit union app. The following steps generally apply to most participating financial institution apps:

• Open your bank's mobile app and locate 'Zelle' in the payments or transfer section
• Select 'Enroll with Zelle' or 'Send Money with Zelle'
• Enter your U.S. mobile number or email address
• Verify your identity using a one-time verification code
• You're then able to send and receive money using a recipient's phone number or email address

Please note that both the sender and recipient generally must be enrolled with Zelle through participating financial institutions for transfers to be completed. If the recipient isn't enrolled, they may receive instructions on how to enroll. If enrollment is not completed within the applicable timeframe, the transaction may be canceled and refunded.

Is Zelle Safe? Common scams to avoid

Zelle uses bank-level encryption and security protocols and operates within participating financial institution apps. However, many reported issues involving Zelle are associated with fraud or social engineering scams rather than technical failures.

Because Zelle transfers are typically processed quickly and may be difficult or impossible to reverse once authorized, scammers may attempt to pressure users into sending funds.

Common Zelle Scams in 2026:

Fake bank fraud alerts:

Scammers may send text messages appearing to come from your bank asking whether you authorized a transaction. After you respond, you may receive a call from someone falsely claiming to represent the bank and instructing you to transfer funds to 'reverse' fraud. In reality, the funds are being sent to the scammer.

Impersonation scams:

Scammers may claim to represent a bank, government agency, utility company, or another trusted organization and pressure victims into sending money immediately.

Marketplace scams:

Fraudsters on platforms such as Facebook Marketplace or Craigslist may request payment through Zelle. After funds are sent, the item may never arrive or the payment may later prove fraudulent.

Overpayment scams:

A scammer may claim to have 'accidentally' sent money and ask for it to be returned. Their original payment may later be reversed or determined to be fraudulent.

How to stay safe:

• Use Zelle primarily with people you know and trust
• Never send money to 'verify' your account or reverse fraud
• If you receive an unexpected call claiming to be from your bank, hang up and contact the bank using the number on the back of your debit card
• Enable transaction alerts through your banking app
• Treat every Zelle payment as potentially final before authorizing it

Are there alternatives to Zelle for people without a traditional bank account?

Zelle's transition away from a standalone app in April 2025 created challenges for individuals who do not have accounts with participating financial institutions.

Venmo and Cash App

Remain popular alternatives for domestic transfers and may not require a traditional bank account to get started. However, they generally do not support international money transfers.

Wise

Allows users to receive and send funds internationally using local bank details in many currencies. It is commonly used for international transfers and is known for transparent pricing and exchange rates based on the mid-market rate.

Común

Is a financial platform that promotes financial inclusion for individuals who may face barriers with traditional U.S. banks, offering user-friendly, Spanish-language support. With Común you can make transfers within and outside the U.S. and send money to friends and family throughout Latin America, with fees starting at $2.99 per transfer. Visit comun.app to learn more.

FAQ

Does Zelle charge fees?

Zelle itself generally doesn't charge fees to send or receive money. However, your financial institution may have its own fee structure for the underlying account. It is important to check the specific details with your financial institution.

What if my bank doesn't use Zelle?

Since the standalone Zelle app was discontinued in April 2025, your options may include opening an account with a participating financial institution or using an alternative service such as Venmo, Cash App, Wise, or Común.

Can I use Zelle without a U.S. bank account?

No. Zelle generally requires a U.S. bank or credit union account at a participating financial institution.

Can I send money internationally with Zelle?

No. Zelle supports transfers only between U.S. bank or credit union accounts at a participating financial institution. For international transfers, consumers may consider alternatives such as Wise, Remitly, or international money transfer providers.

What happens if I send money to the wrong person?

Contact your financial institution immediately. Once funds are delivered, cancellation or recovery may not be possible.

Access Matters When Choosing a Bank for Zelle

Choosing between banks that supports Zelle ultimately comes down to access and convenience. While the network is broad, access depends on maintaining an account with a participating financial institution. For some consumers, a traditional bank or credit union may meet their needs. Others may prefer platforms designed to support individuals who face barriers to accessing traditional banking services. If Zelle access is important to you, it may be helpful to consider not only which financial institutions support the service, but also which ones best fit your individual needs.

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How to fill out a money order

A money order is a prepaid paper payment often used for rent, bills, or sending money securely through the mail. To fill one out correctly, you need to add the recipient's name, your information, sign the front, and keep the receipt for tracking or replacement purposes.

Money orders are still widely used in the United States, especially for situations where people need a secure paper payment method. Even in 2026, many landlords, utility companies, government offices, and individual recipients continue to accept or require money orders for certain payments.

For many people, especially immigrants, newcomers to the United States, or people without a traditional bank account, money orders can feel more accessible than personal checks. Filling out a money order incorrectly can cause delays, make the payment invalid, or create problems if the money order is lost. Knowing exactly what information to write and where to write it can help avoid unnecessary stress.

What is a money order?

A money order is a prepaid paper payment that works similarly to a check. Instead of drawing money directly from a bank account, you pay the full amount upfront when purchasing the money order.

Once completed, the money order can usually be:

• Mailed to a recipient
• Deposited into a bank account
• Cashed at approved locations

Because the payment is prepaid, money orders are often considered safer than mailing cash. Money orders are commonly used for:

• Rent payments
• Utility bills
• Government fees
• Payments sent through the mail
• Sending money to family members
• Situations where personal checks are not accepted

Most money orders also include a receipt or tracking number that can help verify whether the payment was cashed. Unlike many digital payment apps, money orders are not typically trackable in real time.

When to use a money order vs other options

Money orders can still make sense in certain situations, especially when:

• A landlord only accepts money orders
• You do not have a U.S. checking account
• You need to mail a secure payment
• The recipient does not use digital payment apps
• You do not want to share banking information

Where to buy a money order

USPS (United States Postal Service):

One of the most common places to buy money orders. Domestic money orders typically cost between $1.45 and $1.95. USPS money orders never expire.

Walmart:

Many Walmart locations offer money orders through MoneyGram services. Fees can be lower than traditional banks, although limits apply depending on the location.

Western Union:

Western Union locations also sell money orders. Some stores offer extended hours.

Banks and credit unions:

Some banks and credit unions issue money orders to account holders. Fees may vary depending on whether you already bank with the institution.

Step 1: Fill out the recipient's name

Write the recipient's full legal name in the "Pay to," "Pay to the Order of," or "Payee" section.

Tips:

• Write clearly using black or blue ink
• Double-check spelling
• Avoid nicknames unless specifically requested
• Do not leave this section blank

If the name is incorrect, the recipient may have trouble depositing or cashing the money order. Once the recipient's name is written, only that person should be able to cash or deposit the money order with valid identification.

Step 2: Fill out the sender's name and address

Write your own information in the purchaser or sender section. The form may ask for: full name, address, city and state, phone number. This helps identify who purchased the money order if there is a problem later.

Step 3: Sign the front and add a memo

Sign only where the purchaser or sender is instructed to sign on the front.

Do not sign the back.

The back is reserved for the recipient when they cash or deposit the money order.

Some money orders also include a memo or account number section. Examples: apartment number for rent, utility account number, invoice number, purpose of payment.

Step 4: Keep your receipt

The receipt usually contains: tracking information, serial number, purchase amount, date of purchase.

Keep the receipt until the money order has been cashed or deposited successfully. If the money order is lost, stolen, or delayed, the receipt may help you: request a replacement, verify whether it was cashed, contact customer support, file a claim.

Common mistakes to avoid

Leaving fields blank:

Fill out the money order completely before handing it over or mailing it.

Using incorrect recipient information:

Misspelled names or incorrect business information can delay the payment process.

Signing the back:

Only the recipient should sign the back of the money order.

Throwing away the receipt:

Always keep your receipt until the payment is confirmed.

Using pencil or unclear handwriting:

Use permanent ink and write clearly.

Mailing cash instead:

Money orders are generally safer than sending cash through the mail.

Alternatives to money orders (digital options)

Common digital alternatives include: Venmo, Cash App, bank transfers, debit card payment apps.

For people who regularly send money within the United States or to Latin America, Común offers digital transfer options through ComunPay.

ComunPay allows eligible users to send money using: payment links, QR codes, phone numbers, email addresses, usernames, debit cards. Unlike traditional mailed money orders, digital transfers inside apps can usually be tracked directly from the phone.

Común also offers international remittances to Latin America starting at $2.99.

Choosing the right payment option for your needs

Money orders continue to play an important role for many people in the United States, especially for rent payments, government forms, mailed payments, or situations where paper documentation is preferred. For everyday sending between family members, friends, or trusted contacts, digital payment tools may feel more practical and easier to track.

FAQ

How much does a money order cost?

Money orders typically cost between $1.45 and $10 depending on the issuer, amount, and location. USPS money orders commonly range from $1.45 to $1.95.

Can a money order be cashed by anyone?

No. Once the recipient's name is written, only that person should be able to cash or deposit it with valid identification.

How long is a money order valid?

Many money orders do not expire. USPS money orders do not expire.

What happens if I make a mistake on a money order?

Avoid crossing information out. Contact the issuer about replacement options.

Can I track a money order?

You can usually verify whether it was cashed by contacting the issuer with your receipt information.

What is a digital alternative to a money order?

Venmo, Cash App and ComunPay for peer-to-peer transfers. Común also offers international remittances to Latin America starting at $2.99.

Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC. The Común Visa® Debit Card is issued by Community Federal Savings Bank. Peer-to-peer payments services are provided by Cross River Bank. No minimums, no maintenance fees. Remittance service provided by Service UniTeller, Inc. Remittance fees start at $2.99 but may vary. Común Inc. may earn revenue from the conversion of foreign currencies.

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