Bank Options

There are many banks where you may walk in and open an account. Some banks have many ATMs in the Houston area: Chase, Bank of America, and Wells Fargo.

Banking Glossary

Checking Account

• You may put money in a checking account and use it to pay for rent, food, and other daily expenses. Usually, there are no withdrawal limits.
• Monthly maintenance fees may apply. Ask the bank how to avoid this fee.
• Out-of-network fees, overdraft fees, and foreign transaction fees may apply.

Savings Account

• Savings accounts typically have higher interest rates than checking accounts.
• You may be limited to the number of monthly transfers and withdrawals you can make. Savings withdrawal limit fees may apply.
• Monthly maintenance fees may apply. Ask the bank how to avoid this fee.