Banco Popular offers a free checking account without any requirements whatsoever: no minimum balance, no direct deposit, etc. You only have to pay for a checkbook.
This account is called Totally Free Checking. Typically, free accounts limit your ability to visit the branch, but Banco Popular allows free teller access without any limitations.
You also get free online banking through Popular Net Banking and a free MasterCard debit card.
Banco Popular even throws in a free gift when you open this type of account.
The downside is that you don’t get any interest from this account. However, the interest rates on checking accounts is usually so small that you are not really missing much.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.