Many people open up a checking account online, but you can also open up an online savings account. The process is similar to that of a checking account. Depending on what bank you plan on opening your new savings account with, you will have the option to choose from a range of accounts. Some accounts require an opening deposit of $100. You will be able to see which savings account you will benefit from. In order to get started with the process of opening up your new savings account, you will need to make sure that you have all of your current bank information, such as account and routing numbers and some form of identification, such as a driver's license, state, or military identification card. The next step is to fill out a short form, in order to start your way to enjoying your new accou