Open a Bank Account
To get your reward payments, you must have a bank account with your name on it and you must send an Account Information Form to Opportunity NYC.
Don't Have an Account?
The Opportunity NYC Basic Savings Account is a good option if you’ve never used a bank before because it’s easy to open and easy to use. It’s a savings account that lets you deposit and withdraw money from a regular bank, but you don’t have to pay a monthly fee or worry about overdraft charges.
To start getting your Rewards, talk to your community organization for more information about the ONYC bank account.
Already have an account?
If you already have a bank account, all you have to do is mail the Account Information Form to Opportunity NYC, P.O Box 757. New York, NY 202059-0757, and you’re ready to go.
You can find the form here: Forms
Why else should you open a bank account?
• Your money stays safe.
A bank account protects your hard-earned money. Your money can get lost or stolen when you keep it at home or somewhere else. When your money is in a bank account, you always know where it is and you always know it’s safe.
• Prove that you’re responsible.
Someday you might want to open a credit card or ask for a loan from a bank. Having a bank account proves that you’re responsible enough to manage money and you’ll have a much better chance of getting approved.
Helpful banking links
Guide to Banking for First-Time Bankers
What is the difference between checking and savings accounts?
Banking Basics
Questions to Ask Before Opening a Bank Account
How to Open a Bank Account
