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Indian Students Association

Bank Information

Zolve logo

Zolve is India’s first neobank enabling global access to financial services.
While pursuing the education you dream of, money matters and should be the least of your worries. Our aim is to simplify the day-to-day financial needs of students like you
Apply for a new-age Zolve Account while you’re still at home and start swiping the minute you land. The Zolve Account is FDIC insured for up to $250,000 through our partner bank
As you are new to the country, we know you may not have an SSN or U.S. credit history. But that shouldn’t stop you from starting your life on an equal footing in the U.S.
We let you apply for a U.S. bank account and a U.S. credit card on Day 1. With a lightning-fast setup process that you can initiate from India, minimal documentation, and no application fees.
Zolve helps you prepare for your financial life in the USA.

US bank account
-100% Online Application
-5 Minutes Account Opening
-No SSN required
-No Credit history required
-No Minimum Balance
-No Monthly Fees
-No Annual Fees
-Free India to U.S. transfer
-FREE ATM withdrawals from (60K ATMs) across the U.S.
-Visit their website & apply now!

US credit card
-Credit limit up to $5000
-Build the U.S. Credit history
-0% APR (Interest) for the first 6 months
-NO SSN required
-1% cash back on every transaction
-Up to 5% cash back on every purchase with 10K+ Merchants like Amazon, Uber, Airbnb, H&M, and lots more!
-No Monthly Fees
-No Annual Fees
-International card with no foreign transaction fees

Apply for a U.S. Bank Account and U.S. Credit Card here, It’s a 5-min online process, and approvals are fast. The debit and credit card will be delivered to your U.S. address

BOA:
One of the more famous banks.
Located all over US.
Is located close to the Campus 1mile off.

Chase:Is located close to the Campus 1 mile off.
Provides Free Wire Transfers.

Different types of Bank Accounts: -
1. Checking Account
2. Savings Account

When you open a bank account both Checking and Savings are created. You have a choice to` open only a checking account. Interest on checking account will be almost negligible.

-Your Debit card is connected to your checking account and not savings. So whenever you swipe your card, the amount is deducted from your checking account.
-You can apply for a Secure credit card. For getting secure credit card you don’t need SSN ( Social Security Number ). This way you can start building credit history which is very necessary.
-For most of the banks, transactions from Checking to Saving are unlimited and from Saving to checking, there is a cap of 6. If you transfer more than 6 there will be penalty which varies with different banks.


1. Primary advantage is an ATM on-campus. You can deposit your checks or cash here. For other banks ATM is not on – campus but nearby campus.
2. Most of students have Wells Fargo account. There is no limit on number of transactions from checking account to another checking account. Hence it is convenient when you are settling accounts amongst yourself.
3. University is also connected with Wells Fargo.

Different types of Bank Accounts: -
1. Checking Account
2. Savings Account

When you open a bank account both Checking and Savings are created. You have a choice to` open only a checking account. Interest on checking account will be almost negligible.

-Your Debit card is connected to your checking account and not savings. So whenever you swipe your card, the amount is deducted from your checking account.
-You can apply for a Secure credit card. For getting secure credit card you don’t need SSN ( Social Security Number ). This way you can start building credit history which is very necessary.
-For most of the banks, transactions from Checking to Saving are unlimited and from Saving to checking, there is a cap of 6. If you transfer more than 6 there will be penalty which varies with different banks.