Can I apply for an American bank card with my passport when traveling in the United States?

It is conditional to apply for a bank card in the United States. Besides the passport, other documents are required. Here are the conditions for opening an account in a bank:

Opening an account in a bank

In daily life, the financial institution with the closest relationship with Americans is the bank. All national banks and state chartered banks in the United States belong to the Federal Deposit Insurance Corporation. If any bank declares bankruptcy, depositors with deposits of less than 1, yuan will be compensated by the Federal Deposit Insurance Corporation. As long as the general foreign students choose to open an account with an insurance bank of the Federal Deposit Insurance Corporation, the interests of depositors will not be lost.

To open an account in an American bank, foreigners need to bring their passports or driver's licenses, as long as they can prove their identity. When Americans open an account, it is often husband and wife, sisters or father and son who open the same account. Otherwise, when one person encounters an accident or goes out of town, it will be difficult for other households to withdraw money.

demand deposits in American banks are divided into savings deposits, interest-bearing check deposits and interest-free check deposits. Ordinary deposits can be deposited or withdrawn every day: the interest is low. A customer who opens an interest-bearing cheque must keep a certain amount of deposit (for example, the minimum amount is 1, yuan) in the bank, otherwise he can't open an interest-bearing cheque, while a customer who opens an interest-free cheque usually has a lower deposit. Some banks will send cheques, while others ask customers to buy them themselves. Banks will provide financial cards to facilitate customers' deposits and withdrawals, and credit card applications can only be applied after personal credit is established.

The interest rate of time deposit is high, but because international students have fixed expenses every semester or every month, they can't make a long-term time deposit, so it is not recommended to put money into time deposit. Generally, international students will choose to open a checking account and a current savings account.

The required documents for opening an account are as follows:

1. Passport.

2.ID Card or driver's license.

3. Social security card.

Settlement of foreign exchange

Generally speaking, because students with student visas need to show their living expenses to the immigration officer when they enter the United States, you can show the expenses you bring to the immigration officer in the following ways:

Cash

is usually not considered, because carrying a large amount of cash with you is scary just for ten hours by plane, and at the same time, in the United States, no one will carry a large amount of cash with him.

draft

Although the purchase of a "draft" can be marked with a header to reduce the risk of loss, if it is accidentally lost, it will still take time to inform the bank to stop paying and get back the equivalent amount. At the same time, you will be responsible for the inconvenience and the embarrassment of no money available during this time.