Simple – start by researching financial providers online and reviewing terms, conditions, and interest rates. Your homework will quickly reveal a host of savings account providers (including banks, credit unions, fintechs, and online companies) who can help pair you with opportunities. To open a savings account, you’ll need to provide documentation verifying your identity and other personal details, submit an application, and fund the account with a financial deposit. You may also need to sign up for an online banking account and services.