Learn how to manage your money, send money home with confidence, and build a secure financial future for you and your family.

Immigration
Step-by-step guide to applying for a credit card in the U.S. as an immigrant in 2026. No SSN, no credit history: learn your options.
8 min read

Olivia Rhye
20 Jan 2024
Applying for a credit card in the United States as an immigrant is possible, even if you don't have a Social Security number (SSN) or established credit history. This guide provides general information about the process and shares helpful tips.
Applying for a credit card in the U.S. is generally a straightforward process. Issuers typically request documentation for identity verification and risk assessment purposes. Requirements may vary by issuer, but you can generally expect the following:
Identification
Tax ID number
You'll typically need one of the following: SSN or ITIN (Individual Taxpayer Identification Number) issued by the IRS. It's important to note that not all credit card issuers accept ITINs. However, some financial institutions and fintech providers may offer alternatives.
Income information
Credit history
Contact information
Yes. Some credit card issuers accept an ITIN instead of a Social Security Number. You can apply for an ITIN by submitting Form W-7 to the IRS.
It is recommended to look for service providers whose requirements match your current needs and documentation. For example, you may be able to open an account with Común using more than 100 valid Latin American IDs, which can be a helpful first step before applying for a credit card.
Before applying for credit, while not always required, it is generally recommended to open a debit account in the U.S. Having one may improve your chances of approval and help simplify the process. It can also help demonstrate income activity and provide a way to make payments on your credit account.
Look for service providers whose requirements align with your current documentation status. For example, some traditional banks may accept an ITIN to open a debit account. Others, such as Común, offer the ability to open a debit account online with more than 100 valid Latin American IDs. Visit comun.app to learn more.
To begin establishing a financial footprint in the U.S., it is often suggested to use a debit account consistently. This may include receiving direct deposits and maintaining regular account activity. While this does not create a credit history on its own, it may help establish a relationship with financial institutions and may support access to credit-building products.
Secured credit cards:
These cards typically require a refundable deposit, for example, $200. The deposit usually becomes your credit limit. This structure helps reduce risk for the issuer and may make approval more accessible.
Credit cards for individuals with limited or no credit history:
These credit cards are designed for individuals without an established credit history. They may not require a deposit but can have stricter approval criteria. Some issuers may offer products that accept an ITIN.
To submit your application, depending on the issuer you may apply online or at a bank branch. You will typically be required to provide personal details, such as your name, address, date of birth, an SSN or ITIN and your income information.
It is generally recommended to avoid submitting multiple applications in a short period of time, as each application may result in a 'hard inquiry' which can temporarily impact your credit score.
Debit card:
Credit card:
You may generate your first credit score within approximately 3 to 6 months after opening a credit account.
In most cases, to apply for a credit card you'll need some form of identification, such as a passport, and an ITIN. Some institutions offer options for individuals without an SSN, but applications without any documentation are generally not accepted.
A credit score is a number that reflects how you manage credit, based on your payment history and use of borrowed money.
No. Lenders generally don't deny applications based on immigration status alone. However, an application may not be approved if you don't have a credit history, sufficient income, or the required identification requested by the issuer.
In most cases, no. Most U.S. lenders don't have access to international credit data, so you'll need to start building credit history in the U.S.
Starting somewhere can make the process feel more manageable. For many people, building credit in the U.S. begins with something simple such as opening a debit account. Común offers a debit account that can be opened with more than 100 valid Latin American IDs, with an app available in Spanish. Visit comun.app to learn more.

International Money Transfers
8 min read

December 18, 2025
Being far from family and friends is one of the main challenges faced by immigrants living in the United States. Fortunately, sending mail is a way to maintain the bond with loved ones across borders.
In the United States there are several options for sending packages to Mexico. Below we explain the features of each service so you can choose the one that best fits your budget and needs.
There are two shipping options from the United States to Mexico: through USPS or private courier companies.
These are the main United States Postal Service (USPS) shipping services and their characteristics. Please refer to their website for the most up-to-date information.
There are also private courier company alternatives that offer excellent service and additional shipping options. Please refer to each courier’s website for most up-to-date information.
Below is a comparison table to help you view the information more clearly.
Company
Type of Service
Estimated Cost
Average Time
USPS
Priority Mail Express
From $59.50
3–5 business days
USPS
Priority Mail
From $30.90
6–10 business days
USPS
First-Class Mail
From $14.05 for envelopes
7–20 business days
FedEx
International Express Service
Prices vary depending on size and weight
3–5 business days
UPS
International Express Service
Prices vary depending on size and weight
2–5 business days
DHL
International Express Service
Prices vary depending on size and weight
2–5 business days
As seen in the previous section, it is impossible to precisely estimate the shipping cost and time for each courier service from the U.S. to Mexico. Several factors influence the final result, explained below.
This is the main factor that affects the final cost of an international shipment — the heavier and bulkier the package, the higher the rate. Also check whether the company has a maximum shipping weight.
The final destination also matters. Sending a package to Mexico City is usually cheaper than to a rural area.
Express or priority shipping services are faster and therefore more expensive.
If you ship during Christmas, New Year or high-demand dates, expect possible delays or extra costs.
Before going to your preferred shipping carrier’s office, make sure all information is ready to avoid delays and ensure your package reaches your loved ones without issues.
Make sure your package does not contain restricted items for entry into Mexico, such as perishable food, flammable liquids or counterfeit goods. If unsure, check customs rules.
Use a proper box or purchase one at the post office. If the contents are fragile, protect them well and place the label correctly when closing the box.
Double-check as many times as needed that recipient details (name, ZIP code, neighborhood) are accurate. Even small errors can send a package to the wrong place.
Finally, keep the tracking number and receipt; they let you track the package and clarify any issues if needed.
We understand how important it is for immigrants to send packages to Mexico from the United States. More than a packaged product, it represents birthday gifts, greetings from afar, and fulfilled dreams for the people you love most.
That’s why it’s important to follow these tips when sending a package to Mexico.
Sending packages to your loved ones in Mexico is a way to show them they’re still important to you. That’s why planning your shipments—and your finances—is essential.
Get to know Común, the digital platform that helps immigrants manage their money in the most accessible way, as you can open an account using a qualifying official identification from your home country.
Just as your packages travel with care, Común supports your financial well-being.
Open your account with Común and stay connected with your loved ones through remittances.
If you still have questions, check the following section.
It depends on the courier company, but in general, an express service takes 3 to 5 business days.
When you send your package, you’ll receive a tracking number so you can follow it until it reaches its destination. Some courier options only provide tracking until it leaves the United States.
The USPS First-Class Package International Service is ideal for economical shipments, though the delivery time is usually longer.

Financial Education
8 min read

December 18, 2025
Having access to affordable financial services with features that let you carry out multiple operations in one place is essential for immigrants living and working in the United States.
Digital banks are a comprehensive solution that combines financial management with mobile technology to streamline processes compared with traditional banks.
These features are especially beneficial for immigrants looking for an alternative to access services that are often less feasible through institutions with physical branches.
In this guide, we explain why you should consider integrating digital banking into your lifestyle, how to open an account, and options for digital banks in the United States.
A digital account is a financial product that operates entirely online through mobile applications and digital platforms (website), removing the need to travel to a physical location to complete banking operations.
Here are some benefits of digital accounts.
Opening a digital account is usually simpler than with traditional financial institutions—not only because it can be done from a mobile device, but also due to flexible requirements that allow immigrant communities to access financial services with the same quality standards.
These are the steps to open a digital account in the United States.
Required Documents
Unlike traditional banking services, you can open a digital account with documents you use day to day.
Once you have your documents ready, follow these steps.
Go to the digital bank’s website or mobile application of your choice and enter your personal information to register.
For security reasons, digital banks require an identity verification process that includes submitting an official ID, a selfie, and, in some cases, facial recognition.
Once the digital bank verifies your identity, you’ll receive an activation notice. Immediately afterward, you can access all services, set up direct deposits, send money in real time, and manage your finances.
If you’re wondering which digital platform for immigrants is ideal, there are several effective options, so it’s best to compare them and choose the one that best fits your expectations.
Fees: Affordable fees for international money transfers to Latin America.
Ease of use: Open an account from a mobile device with a qualifying official identification from your home country.
Spanish support available: offers 24/7 customer service also available in Spanish via WhatsApp or the mobile app itself.
Mobile access: you have access to a mobile app for comprehensive financial management.
Zelle compatibility: not integrated.
Fees: most accounts do not charge monthly maintenance fees. Approximately $20 for domestic wire transfers.
Ease of use: a 100% digital platform offering a mobile application and a website.
Spanish support: limited Spanish-language service.
Mobile access: service compatible with mobile devices.
Zelle compatibility: integrated.
Fees: maintenance and overdraft fees vary by account type.
Ease of use: offers mobile banking, online banking, and a digital assistant.
Spanish support: available.
Mobile access: full mobile features.
Zelle compatibility: integrated.
Fees: charges a 1–3% fee for adding money via credit or debit card.
Ease of use: offers comprehensive, easy-to-use digital products.
Spanish support: you can change the app language, but there is no Spanish-language support.
Mobile access: fully available.
Zelle compatibility: not integrated.
Fees: offers international USD transfers at no additional cost.
Ease of use: focused on corporate and tech companies.
Spanish support: not available.
Mobile access: fully available, but more focused on web dashboards.
Zelle compatibility: not integrated.
Cash App is another efficient financial platform—here we explain its benefits.
Although digital platforms offer security measures to protect your assets, it’s always wise to keep the following recommendations in mind to reduce risks.
In this article, we presented a practical alternative to traditional institutions so you can decide which digital bank in the United States fits your needs.
Común is not a bank, but a digital platform, it offers a mobile app and a debit card that work together to provide a service ideally for the immigrant community.
You can open an account with qualifying official identification from your home country and a mobile device to access the financial service you deserve.
Open your account with Común and start sending, receiving, and withdrawing money.
If you still have questions, see the section below.
Unlike traditional banks, digital accounts often have more flexible requirements, and it may be possible to open one with a qualifying official identification from your home country and, in some cases, proof of address in the United States.
Yes, digital banks in the United States have security measures such as two-step verification and encryption. It’s advisable to apply all possible security measures, such as using a strong password and enabling notifications.

Financial Education
8 min read

December 18, 2025
One of the constant concerns for people who leave their home country in search of better opportunities in the United States is financial uncertainty, often caused by poor management and a lack of knowledge about effective strategies to grow their money.
Saving products are an alternative that allows you to save money in the long term while earning interest—returns that depend on the term and the rate offered by the financial institution.
Knowing the different ways to save money is a way to ensure financial stability for you and your family. Below, we explain the types of investments and the safest ways to get started. Please note that investment products are NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE.
Investing means allocating money toward a goal with the aim of obtaining higher returns in the future. You can do it on your own, through a business, or with formal financial instruments that put the contributed money to work to pay interest over defined time frames.
Here are some benefits of using investment strategies:
Before you begin, keep in mind that all investments involve some level of risk. If you’re a beginner, it’s essential to start at a level that matches your situation.
You should also be clear about your financial goals—the targets you want to reach in the short, medium, and long term.
A risk profile is an investor’s ability to handle potential losses caused by market fluctuations.
These are the three main types.
This profile is ideal for people not familiar with investing, as it involves low risk. Although returns are steady, they tend to be lower than other investment alternatives. Preferred options include savings accounts and short-term investment funds.
This profile suits somewhat more experienced investors who are willing to take moderate risk by combining safer investments with slightly riskier ones to obtain better returns.
This profile is for those who have a strong command of investing. They have a high tolerance for losses and aim for high income through significant long-term investments, typically in the stock market, high-yield funds, and real estate.
Next, define the risk profile that aligns with your personal finances and your experience with these instruments.
Follow these tips to help you make a smart investment.
Take stock of your finances—consider your income, monthly expenses, debts, and existing savings.
Set exactly what you want to achieve and in what timeframe—for example, buying a home, traveling abroad, paying for medical treatment, or simply building an emergency fund. Remember that long-term investments involve higher risk but can also offer higher returns.
Based on your budget, determine how much you can allocate to your initial investment and whether you can increase it later.
Analyze your willingness to accept potential losses and their impact on your personal finances.
Here is a comparative table for clarity.
Investment Profile
Risk Level
Time Horizon
Potential Return
Characteristics
Conservative
Low
Long – Medium
Low
Prioritizes safety over return.
Moderate
Medium
Medium – Long
Low – Medium
Balances safety and returns.
Aggressive
High
Long
High
Seeks to maximize long-term gains, with higher risk.
A common misconception is that you need a significant amount of money to become an investor. In reality, there are accessible alternatives that let you start with small amounts, easily.
Here are four ideal options to start investing.
Index funds pool money from multiple investors to buy stocks or bonds.
Main Benefits:
A certificate of deposit is an investment made directly with a financial institution for a fixed term, meaning you cannot withdraw the money during that period.
Main Benefits:
Bonds are loans to companies or governments that pay interest periodically and generally carry lower risk.
Main Benefits:
An accessible option that allows you to invest from a mobile application.
Main Benefits:
Before choosing an investment vehicle, consider your risk profile. If you prefer stability over returns, CDs or bonds may be ideal.
Avoid “putting all your eggs in one basket.” The key to smart investing is diversifying across several instruments, even with small amounts.
When you start investing, it’s important to be realistic, stay patient, and remain consistent with your financial goals.
Here are some simple practices to keep your investments on track.
Financial management is a responsibility you should entrust to an accessible platform.
Meet Común! The financial service that lets you send, receive, and withdraw money within and outside the United States, quickly, simply, and securely.
Común is a mobile app that allows you to open an account easily with a qualifying official identification from your home country, so it’s a great option for the immigrant community.
Open your account with Común and start sending, receiving, and withdrawing money. Enjoy Spanish and English language support, clear fees, and a digital platform ideal for the immigrant community in the United States.
If you still have questions, see the section below. Please note that investment products are NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE.
There are quite accessible investment options today, especially digital platforms. Some let you start with amounts as low as $1 or $5, which is ideal for learning to invest.
Yes—even if you are not a legal resident, you can invest money in the United States. Just make sure to use regulated institutions and platforms.
It’s common to change your investment strategy to match your financial goals. Review your investments periodically and make the necessary adjustments according to the applicable timelines.

Living in the United States
8 min read

December 18, 2025
Although getting a job in the United States brings a series of benefits for the quality of life of immigrants and their families, it also means committing to fulfilling the obligations required by the country's laws.
Filing a tax return is one of the processes everyone who has earned income must complete. This is done by submitting a report of annual income to the Internal Revenue Service (IRS).
Filing a tax return is particularly important for everyone, as it opens the door to access financial services such as mortgage and personal loans, which in turn help build a financial record especially for immigrants.
Filing taxes is a stressful and often confusing process for most people, especially when it involves understanding the tax institutions of another country.
Below, we show you a step-by-step guide to help you fulfill your tax obligations in the U.S. and access the benefits that come with it, such as receiving refunds and building a financial record in the country.
The first thing you should know to file your tax return in the U.S. is the documentation required by the IRS to process your information.
Make sure you have the following documents:
It is important to stay alert during tax season and prepare in advance to meet the deadlines established by law.
Follow these steps to ease the stress of tax obligations.
The first step is to gather all the necessary documents to file your annual tax return.
Once you have your documentation in order, you must decide how you will file your return: on your own or with professional help.
Keep in mind that the deadline to file your tax return is usually April 15 each year. It is essential to submit your tax return within the deadline to avoid penalties and delays in receiving your refund.
As mentioned before, there are different ways to file your tax return, which vary in cost and level of support offered. The best option depends on several factors, such as your income level and how familiar you are with tax topics.
Below is a comparative table of the different ways to file taxes in the United States.
Method
Approximate cost
Level of support
Doing it yourself with IRS-approved software
Free or up to $25
Low. Although the platform guides you step by step, you must enter all the information yourself.
With the support of community organizations
Free or up to $50
Medium. You receive assistance from certified volunteers.
With private preparers or accountants
$150 to $500, depending on complexity
High. The preparer does all the work and answers your questions.
If this is your first time filing taxes in the United States, it may seem like a very complex task. Keep these tips in mind to ease the stress associated with the process.
We’ve shown that the tax filing process is not as complicated as it seems. Now you know which steps to take and which method to use based on your situation.
Just as filing taxes helps you organize your financial situation, Común helps you manage your day-to-day finances.
Discover all the benefits of Común!
Discover Común, the option dedicated to serving the needs of immigrant communities in the United States, with support available in Spanish.
If you still have questions, check this section.
Not filing your tax return may result in IRS penalties, accumulated interest, and withheld future refunds.
If you do not have a Social Security Number, you can apply for an ITIN.
It depends on your situation: if you have only one source of income, you can use software, but if your income is higher or more complex, the best option is to consult a professional.

Immigration
8 min read

April 7, 2026
The United States offers a wide variety of visas to include as many profiles as possible that can contribute their knowledge to the country.
One example is the O1 visa, intended for foreign nationals who possess extraordinary abilities in fields such as science, sports, and the arts.
This visa has very specific criteria. Therefore, in this article, we explain the requirements established by the U.S. government to obtain it, the classification of O1 visa types, and the documents required during the application process.
If you are looking for an alternative to obtain a work visa in a highly competitive field, the O1 visa could open the door to a new life.
The O1 is a U.S. nonimmigrant visa aimed at foreign nationals with extraordinary abilities or outstanding achievements in specific areas.
The concept of “extraordinary ability” can seem a bit ambiguous, but in this context, USCIS refers to individuals who have reached such a level of excellence in their field that they have verifiable national or international recognition.
This visa is divided into two main categories:
For individuals with extraordinary achievements in science, education, business, or athletics.
For individuals with extraordinary ability in the arts, motion picture, or television industry.
As you can see, it is an immigration document that demands a high level of achievement from applicants in specific areas of work.
To qualify for an O1 visa, applicants must meet a series of requirements established by USCIS.
Below are the main requirements for the two categories of this visa.
Applicants with outstanding achievements in science, education, business, or athletics must demonstrate they meet the following eligibility criteria:
Applicants with outstanding achievements in the arts, film, or television industry can demonstrate eligibility if they meet the following requirements:
It is important to note that it is not necessary to meet all these requirements, but the more criteria the applicant fulfills, the easier it will be to obtain the visa.
In both cases, applicants must have a job offer or a sponsor in the United States.
In addition to meeting the criteria, the applicant must have the following documents to prepare a complete application.
This form must be filed by the U.S. employer or agent and should include the following details:
This letter is essential to support the applicant’s experience in their field. It must be issued by a group of peers, a union, or an expert entity.
It is a document signed by the applicant and the employer that sets out the terms and conditions of employment, responsibilities, and duration.
Additionally, the previously mentioned requirements can be supported with the following documentation:
If you have any doubts about your application process, consult an immigration attorney who can help you determine whether your profile fits this type of visa, which is often considered an elite category. Keep in mind that there are other options such as the EB-1 and H-1B visas.
In this article, we explained that the O1 is the visa for individuals with extraordinary abilities, aimed at people with outstanding performance in science, sports, and the arts. We also covered the approval requirements and documentation needed to demonstrate that you belong to the groups covered by this work authorization.
Arriving in a new country to work involves many changes and learning to adapt to customs and regulations. When it comes to managing money effectively, it is essential that immigrants have access to quality financial services.
Discover Común, the financial platform that makes life easier for immigrants in the U.S.!
Open your account with Común today and build your future in the U.S. with a financial platform designed for immigrants.
No, the O1 visa always requires a sponsor to initiate the process. This sponsorship may be provided by a U.S. employer or an agency that acts as an intermediary between the applicant and contractors in the United States.
Although this visa cannot be self-petitioned, there is an option to hire an agent to submit the initial petition.
The most common investor visa is the EB-5, which requires a minimum investment of $1,050,000 if the investment is made in a rural area or one with high unemployment.
A key requirement is that the project must create or maintain at least 10 full-time jobs in the United States.
Another investor visa option is the E-2, or treaty investment visa, which does not require a fixed amount but requires the applicant to prove that the investment is large enough to generate a positive impact.
The documents that usually carry the most weight for O1 visa approval are those that demonstrate sustained and verifiable recognition.
For example:
Although it is not necessary to present all these documents, the more evidence there is, the greater the chances of approval.
The initial duration is 3 years, depending on the project. Extensions of 1 year can be requested as long as the requirements continue to be met.

Immigration
8 min read

December 18, 2025
Getting a stable and well-paid job is the main goal of thousands of immigrants who come to the United States in search of a better quality of life.
For this reason, it’s essential to have an optimized resume (“CV”) that summarizes personal information, work experience, academic background, and all relevant details for recruiters and hiring managers.
You’ve probably faced the challenge of writing and refining a CV to apply for a job in your home country.
However, knowing the standards in Latin America is not enough, as U.S. resumes have key differences, such as length and focus on measurable results.
Mastering a new resume format can be challenging, and the process can be frustrating if you don’t hear back after sending multiple applications.
This doesn’t necessarily mean you lack the required skills — your resume might simply need some adjustments to get noticed by U.S. recruiters.
In this article, we aim to make the process easier for immigrant job seekers through a complete guide and sample resumes that will help you create your own by the end of the reading.
Even if you know how to write a resume in Latin America, it’s essential to understand the key differences compared to the U.S. standard.
Here are the main differences between a professional CV in Latin America and a U.S. resume.
In Latin America, it’s common to see two-page CVs, while the American resume is usually limited to one page.
U.S. recruiters look for quantifiable data and measurable results, while in Latin America it’s more common to include task descriptions and responsibilities.
To prevent discrimination, U.S. resumes do not typically include a photo, age, or nationality.
The use of ATS (Applicant Tracking Systems) to detect keywords is widespread among U.S. companies.
While Latin American CVs often use colorful or elaborate designs, U.S. recruiters prefer minimalist formats to make information easier to read.
Understanding these differences is crucial for immigrants, as it increases the chances of being considered by both recruiters and automated systems.
Here’s a step-by-step guide to writing a strong U.S. resume that passes ATS filters and captures recruiters’ attention.
Avoid flashy designs, as they can make reading difficult and hurt your ATS score. Choose a clean, organized, and easy-to-scan format.
Include your full name, U.S. phone number, professional email address, and LinkedIn profile link.
Remember that you do not need to include a photo, date of birth, or marital status.
Your profile should be concise and include relevant keywords. This section should be a short paragraph summarizing your work history, interests, achievements, and career goals.
It’s essential to list your work experience clearly and in chronological order.
To write your professional achievements, use the XYZ formula, structured as follows:
For example:
“Improved the brand’s visual identity through an e-commerce rebranding project, reducing cart abandonment by 50%.”
List your academic background, including institution name, degree, and attendance dates.
The skills section is key to making your resume stand out.
It’s recommended to separate this section into soft skills and technical skills.
Depending on the vacancy and your profile, you can include additional sections, such as languages, certifications, or volunteer experience.
This information can set you apart from other candidates, as it gives you additional skills that could be relevant to the position.
Here’s an example of how an optimized resume should look, according to U.S. company standards.
On this page, you can download CV templates in English to customize yours according to your experience.
The last step is to adapt this example to your own professional profile and career path, which may differ depending on whether you are a recent graduate or already have experience.
Here are some things to avoid when writing your resume.
Having a strong resume is key to successfully entering the U.S. job market.
Just as a resume opens the door to great job opportunities, Común opens the door to financial stability for immigrants.
Discover Común, the option designed to serve the needs of immigrant communities in the U.S., with service available in Spanish.
Discover All the Benefits of Común!
Discover Común, the option dedicated to meeting the needs of immigrant communities in the United States with services available in Spanish.
If you still have questions, check out the next section.
It’s not necessary to include references in your resume, as companies usually request them later in the hiring process.
The 3 most important details are: contact information, professional experience, and skills.
The resume format used in the U.S. is becoming common in other countries, so the language should match the job posting.

Financial Education
8 min read

December 18, 2025
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.
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.
Issuing a certified check is a straightforward process you can complete directly at the financial institution of your choice.
The account holder must go to a bank and request a certified check, specifying the payee and the amount.
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 then certifies there are sufficient funds to cover the check and freezes them to ensure the payee can cash it.
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.
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.
A certified check is commonly used for significant transactions or large amounts. This gives the recipient assurance that funds are available.
When finalizing a lease or purchasing an apartment, the landlord or agent may request payment via certified check to guarantee funds.
Whether dealing directly with owners or dealerships, a certified check can be a suitable option because of the security it provides.
For example, to pay fees, settlements, or indemnities, certified checks provide security for both parties.
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!
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.
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.
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.
Clearing can take 3–10 days. Make sure the funds have fully settled and are not just on hold.
Whenever possible, accept checks only from people you trust. If you must take a check, follow the security measures above.
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!
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You can request certified checks at financial institutions such as banks, credit unions, and some digital banks.
The cost depends on the bank but is typically between $10 and $15.
Other types of checks in the United States include: Money order; Personal check; Cashier’s check.

Checking account
8 min read

December 17, 2025
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.
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:
What is a checking account used for?
A checking account has multiple functions, for example:
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.
Unlike checking, a savings account is for setting money aside longer term and growing it through interest.
Advantages of a savings account:
Though different, both accounts complement each other to cover short-, mid-, and long-term financial needs.
These are the main differences between them.
Learn about joint bank accounts, an excellent way to manage finances as a team.
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.
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.
Meet Común, the checking account that understands immigrants’ needs!
Here are some benefits that await you:
Open your Común account today and organize your money in the U.S.
If you still have questions, check out our FAQ section.
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.
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.
Común is a financial platform with accessible onboarding requirements and fair, competitive pricing.







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