Studying abroad? Manage your finances in the USA like a pro

How to · January 22, 2024Daniela Carvalho

Studying in the United States is exciting, but it comes with a few challenges. One of the most critical aspects of your journey is managing your finances effectively.

Whether you're a student looking to handle your tuition fees, everyday expenses, or saving for a rainy day, having a local account is essential. In this blog post, we'll guide you through the process of opening a Revolut account as an international student.

No SSN or ITIN? No problem

Chances are, if you’re studying in the US, you’ve probably faced a common roadblock when trying to open a local US account: the need for a Social Security Number (SSN), or an Individual Taxpayer Identification Number (ITIN). These unique identification numbers are often hard to get for non-resident students, leaving you with limited financial options.

Choosing the right financial match for you

When you're a student on a budget, every dollar counts. Here's what to consider when comparing products:

  1. Minimal or no fees: look for accounts with low or no fees for maintenance, minimum balances, prepaid debit cards, ATM usage, and money transfers
  2. Convenience: choose a provider that offers online facilities, allowing you to manage your finances from your phone or computer
  3. Competitive exchange rates: research the exchange rates offered by multiple providers to make sure you're not losing money on fees
  4. Perks: some providers offer incentives like cash bonuses, or rewards for students. Make sure to explore all mentioned perks to see if they would work for you

If you want more from your money, here’s Revolut

Join more than 35 million customers around the world who already use the app to pay and send money, the smart way. You don’t need an SSN or ITIN to open an account with us. And that includes students, visitors, and temporary workers.

What we’ll need from you

Opening a Revolut account as a non-US citizen studying in the US is simple. You'll need:

  1. Government-issued ID: such as your passport
  2. Valid student US visa: if you're studying in the US, you already have a valid student visa — making you eligible to open a Revolut account

The perks

Now, let's talk about what you get by choosing us as your financial partner in the US:

1. Easy signup: our app makes the account creation process a breeze. No more long and complicated forms

2. Global prepaid debit card: enjoy the convenience of a global prepaid debit card, accepted in the same places as major credit cards

3. Low-fee currency exchange: exchange currencies at competitive rates

4. International transfers: seamlessly send and receive money internationally, removing the stress of cross-border transactions

Wave limited financial options goodbye and welcome a world of possibilities. Join the millions of satisfied customers who trust Revolut, and embark on your financial journey with confidence.

Share article