Wells Fargo offers a large network of branches, many ATMs, and a variety of financial products. Monthly fees on basic bank accounts can be easily waived, but savings rates tend to be low. If you have a high enough balance across eligible accounts, you could receive upgrades on interest rates (but they’re still lower than the national average). Wells Fargo may be a good fit if you’re looking for a large network of branches and ATM access is important to you.
Wells Fargo review for non-residents without SSN
- Account: Everyday Checking.
- US residence required: Yes (though not necessarily primary residence).
- SSN/ITIN required: Only for US citizens.
- No minimum daily balance required - Outgoing int'l wire cost: $30 plus an additional 4%-10% (depending on the currency)
Yields on certificates of deposit and savings accounts are low, like many big banks.
There is an out-of-network ATM fee of $2.50 for checking account customers.
The money market account has a steeper monthly fee if a specified balance isn’t maintained.
Wells Fargo still charges a $35 fee for over-drafting your account on most of its checking accounts.
TD Bank review for non-residents without SSN
TD Bank provides Simple, Convenience, and Beyond checking accounts that differ in perks, monthly fees, interest, and sign-up bonuses. TD Bank checking accounts give customers access to a large East Coast-based network of branches and ATMs. There’s either a minimum daily balance requirement or a monthly fee for checking with TD Bank’s three general options. Accounts are available in Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Washington, D.C.
- Low minimum daily balance requirement—plus, great discounts.
- No monthly maintenance fee with a $100 minimum daily balance, plus great discounts.
- Free incoming wires and reimbursement for 1 outgoing wire (domestic or international) per statement cycle.
- No ATM fees with a $2,500 minimum daily balance.
- $0 Minimum opening deposit.
- Online & Mobile Banking.
- Monthly fee.