How to Open a Bank Account in the USA as an International Student

As an international student in the United States — studying at places like Rowan University or Arizona State University — having a U.S. bank account is essential. It makes paying tuition, managing living expenses, and receiving part-time job salaries much easier.

Here’s a step-by-step guide to open your first bank account in the USA.

Why You Need a U.S. Bank Account

• Securely store your money
• Pay bills and rent easily
• Receive part-time job payments
• Build your financial history and credit

Types of Bank Accounts for Students

1. Checking Account

• For everyday use: deposits, withdrawals, payments
• Comes with a debit card
• No or low monthly fees (student versions often free)

2. Savings Account

• For storing money and earning interest
• Limited withdrawals per month
• Helps you save for long-term goals

Documents Required to Open a Bank Account

Most U.S. banks require:

• Valid passport
• F-1 or J-1 visa
• I-20 or DS-2019 form
• Student ID card
• Proof of address (rental agreement, utility bill, or university housing letter)
• Initial deposit (usually $25–$100)

Best Banks for International Students

Some banks are especially friendly to students:

• Chase – Student checking with no monthly fee
• Bank of America – SafeBalance student account
• Wells Fargo – Easy-to-open everyday checking
• Citibank – Global presence, good for international transfers

💡 Tip: Open an account at a bank branch near your university campus for easier access.

How to Open a Bank Account: Step-by-Step

1. Visit the bank branch (bring all documents)
2. Ask for a student checking account
3. Fill out the application forms
4. Make the initial deposit
5. Receive your debit card and online banking access

Tips to Avoid Fees

• Maintain the minimum balance if required
• Use your bank’s ATMs to avoid withdrawal fees
• Set up online banking for easy account management
• Ask about international wire fees before sending money home

Final Thoughts

Opening a bank account in the USA is a crucial step toward financial independence for international students. Whether you’re at Rowan University or Arizona State University, a local bank account makes managing your finances simple and stress-free.