This depends on your location because not all banks offer such accounts. However, it is possible to find a bank that allows customers to open and operate online accounts with no balance. Before you open an online bank account, it is advisable to consult several banks and find out if you can meet their requirements before deciding for a bank that offers accounts with less stringent conditions. Just remember that while some banks require a low minimum balance to be maintained, others allow customers to open a zero-balance account.