Can I really open a bank account without an SSN?

Yes. Major banks like Bank of America and Wells Fargo are used to this. You will sign a W-8BEN form instead.

Which bank is best for H-1B workers?

Bank of America is great for initial setup. However, if you satisfy the H-1B requirements 2025 and land a high-paying tech job, check if your company (Google, Meta) has a partnership with a local Credit Union for better rates.

What counts as Proof of Address?

Lease agreements, utility bills (gas/water), or official government letters (DMV/IRS). Airbnb receipts are rarely accepted.

How much money do I need to open an account?

Usually $25 to $100. To avoid monthly fees, you often need to keep a balance of $1,500+ or set up Direct Deposit.

Will the H-1B cap 2025 affect my banking options?

No. Banks care about your ID and money, not the H-1B cap 2025. As long as your visa is valid, you are a welcome customer.

What is a Secured Credit Card?

It's a credit card backed by your own cash deposit. It’s the only way to build a credit score from zero.

Can I open a US bank account from abroad?

Generally, no. Traditional banks require you to be physically present. Fintechs like Wise are an exception but have limited features.

Do Trump H-1B restrictions impact my money?

They don't affect your current bank account, but H-1B visa changes Trump might propose could make international wire transfers stricter due to compliance checks.

What is a Monthly Maintenance Fee?

A $12-$15 fee banks charge just for having an account. Avoid it by setting up Direct Deposit from your employer.

Is my visa considered a "specialty occupation" for banking perks?

Banks don't use the term specialty occupation visa 2025, but they do look at your employer. Working for a "Big Tech" firm can sometimes unlock VIP banking tiers.

Banking in California 2025: The Financial Guide for H-1B Workers & Newcomers Amid Trump Restrictions

Alex Drill

Author

November 23, 2025

Open a CA bank account without an SSN. Essential guide for H-1B visa 2025 holders facing Trump restrictions and potential $100k fees. Build credit fast.

Frequently Asked Questions

Find answers to common questions about this topic.

Sources

References and sources used in this article.

Bank of America - Requirements for Non-Citizenshttps://www.bankofamerica.com

Chase Bank - Checking Accountshttps://www.chase.com

Consumer Financial Protection Bureauhttps://www.consumerfinance.gov

IRS - Form W-8BEN Informationhttps://www.irs.gov

Move to California 2025: H-1B Visa Changes, Costs & Trump Restrictions

Discover everything you need to know about relocating to California in 2025 under the latest H-1B visa regulations. This guide covers expected policy changes under the second Trump administration, increased USCIS filing fees, premium processing updates, California-specific costs (housing, taxes, salary requirements), employer sponsorship trends in Silicon Valley and Los Angeles, and step-by-step advice for tech workers, engineers, and other specialty occupation professionals planning their U.S. move. Stay ahead with the most current 2025 H-1B insights.

Alex Drill