Bank account without Social Security

Q: Is it possible to open a bank account without a Social Security Number (SSN)?

A: Yes, it is possible to open a savings or checking account at Bank of America without a Social Security Number. You can also apply for a credit card.

Q: Which documents do I need to open an account?

A: You will need:

  • Two forms of photo identification, such as a passport and school identification card
  • An American address, and, if you have been in the United States for less than two years, the address at which you lived in your home country (for record keeping purposes; mail will not be sent to this address)
  • A telephone number and/or e-mail address, if you have one
  • $25 for your opening deposit

Q: How much money do I need to keep in my savings account?

A: Including your opening deposit of $25, you will need to deposit $300 within two months of opening your account. You can keep less than $300 in your account, but you will be charged a $5 monthly fee if you do so.

Q: Can I withdraw money from an ATM if I only have a savings account?

A: Yes, you can withdraw or deposit money to an ATM three times a month for free. After that, there is a $3 fee per transaction.

Q: How much money do I have to keep in my checking account?

A: A monthly deposit of $250 is required to avoid a $12 monthly fee. You can deposit less money into your account, but you will have to pay the fee every month, unless you keep a balance of $1500 or more.

Q: How can I apply for a credit card without having a Social Security Number?
A: Bank of America offers the option of opening a credit card based on your name instead of your Social Security Number. This way, you begin to build your credit history on your name, and when you eventually receive a Social Security Number, your credit history will be transferred to it.