“No minimum deposit” is a common feature offered by many online banks, making it easier for customers to open accounts without financial barriers. This benefit allows individuals to start saving and managing their funds without the pressure of meeting a specific deposit requirement. With no minimum deposit, customers have the flexibility to deposit any amount that fits their budget and financial goals. This feature is particularly advantageous for individuals who may not have a large sum of money to deposit initially. Overall, the availability of accounts with no minimum deposit requirement promotes financial inclusivity and accessibility for a wider range of individuals.