A bank account for immigrants which is pre-approved and ready to use before you arrive in the US. ZERO Fees - No overdraft fees. No NSFs. No Annual Fee. Ever. Get credit up to $5,000. No SSN Required. Deposits are FDIC insured up to $250K.
Hi Naren, thanks for pointing it out. We will update the criteria for the bank account soon. The eligibility criteria are simple - anyone in the U.S. or moving to the U.S. with a valid visa, employment authorization, or residency status is eligible to open an account with Stilt.
The idea of opening a bank account before landing in a foreign country is very appealing - 1 less thing to worry about. However, the stilt.com site & eligibility section (stilt.com/eligibility) doesn't indicate anything about the bank account rather only about loans.
I remember how hard it was to get started here when I had just landed. We used travel cards for the first few months. This is such a great product for immigrants!
@satiwick1 Thanks a lot Satwick! We hope to live up to and exceed expectations immigrants.
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I have taken a loan from stilt, my credit was pretty new (month old ssn) and i was starving of cash. Stilt loan helped me set up my home and bring my family to usa. They really understand the banking services required by new immigrants in the country. I really appreciate them. And i know the pain of getting a bank account without ssn. This should definitely help new immigrants.
Roommate just went through the problem of making a US bank account, took him a whole month+ to resolve it, during which he couldn't get paid easily, or even transact... glad Stilt's launched this, it's sorely needed
I like it. It's getting harder and harder to open bank accounts when you travel compared to ten years ago. Transferwise was a life saver. Glad to see others tackling the market
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