Citi bank vs Novel for non residents

By Rohan Smith, 15 December, 2022

Citi bank review for non-residents without SSN

Bank
Citi bank
SSN Required?
Yes
ITIN Required?
No
Can Apply Online?
With SSN
Summary

Citi Bank is one of the largest Neobanks in the country, specializing in credit cards. Citi offers 13 types of cards, including free ones (no monthly fee). The Visa and Mastercard standards are accepted all around the world. Cash withdrawal is free from 65,000 ATMs. Citibank allows its clients to shop online and offline, and make international transfers. The mobile app features detailed analytics on the accounts and cards; as well as options for systematizing expenses. Also, the digital bank offers savings accounts at up to 1.01%.

Features
  • No minimum opening deposit.
  • Paperless statements option.
  • Unlimited reimbursement of non-Citi ATM fees.
  • No foreign exchange fee when using Citibank Debit Card abroad.
Cons
  • Does not provide a Multi-currency account.
  • Does not issue debit cards (pre-paid).
  • High-interest rate (APR) for most credit cards of the bank is rather high, up to 26.49%.
Link
https://online.citi.com/US/ag/banking/checking-account

Novel review for non-residents without SSN

Published on
17 April, 2023
Bank
Novel
SSN Required?
No
ITIN Required?
No
Can Apply Online?
With EIN
Summary

Novel Financial, Inc. is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank; Member FDIC. provides a Global Business Bank Account in Minutes in multi-currency wallets, transfers in 140+ currencies.

Features
  • No minimum balance or minimum transaction requirements.
  • Zero fees on domestic ACH, wire, and international wires for Novel Plus plan members.
  • Virtual cards are issued instantly.
  • Deposit Checks Anywhere.
  • Eligible to US Residents and non-residents.
Link
https://www.trynovel.com/
Neobank?
No