Passbook, the international money transfer platform Remitly’s favorite and trusted mobile digital bank for immigrant users, has partnered with FDIC member Sunrise Banks to offer free U.S. Checking accounts and physical Passbook Visa cards. No SSN or ITIN is required, just a valid passport and proof of US address to open a US bank account remotely.
Advantages of a Passbook account
- No account management fee/monthly/annual fee
- No minimum deposit requirement
- No overdraft charges
- Support for connecting to Google Pay, Apple Pay
- Checking accounts and Visa physical cards are provided by FDIC member Sunrise Banks for safe and secure funds
- $2 cashback per transaction via Remitly, $15 bonus on the first transfer can be connected to Paypal for withdrawals, does not support registration of Privacy virtual card, but supports registration of Blur virtual card.
- No currency conversion fees for Passbook Visa Debit card transactions
- Full ACH, wire transfer functionality on the way, withdrawal options limited for now
- The Passbook app allows you to see real-time transaction details and set up SMS notifications for each transaction.
- Refund credits do not support SMS notification
Passbook registration process
- Sign up for the waiting list on the website and download and install the app
- Open the app, click [GET STARTED], [SIGN UP WITH EMAIL], and enter your registered email and password.
- Select the flag graphic to be printed on the card.
- Enter First Name, Last Name.
- Enter the date of birth
- Enter the U.S. phone number and Google Voice works too.
- Enter a U.S. residential address, not a P.O. Box or business address.
- Choose your occupation and source of income. I chose “other.”
- Enter the passport number, expiration date, country of issue, take a picture of the passport, or upload a passport photo.
- Submit proof of US address, I submitted a notarized Anytimemailbox virtual email address
- After approval, you will receive an account activation email from Passbook.
Passbook physical card via USPS mail, my card was delivered to Anytimemailbox 4 days after it was sent, customer service can provide logistics tracking number, card Bin 410277. customer service response is pretty fast, within 24 hours.
You can provide your employer with your account number and routing number to have your paycheck automatically deposited into your account.
Transfers can be made from your other U.S. bank accounts by logging into them and using your Passbook routing and account numbers, which can be found and copied from the Passbook app. Bank transfers usually take three to five business days.
Your other bank may ask you for additional information. Account type: checking account, bank name: “Sunrise Bank”.
Cash deposits can be made at any of the more than 90,000 stores in the United States. At the store, tell the cashier the amount you want to deposit and give them your cash and Passbook Visa debit card, the cash deposit method may come with an additional fee.
Transfer deposits through other payment tools such as PayPal, Venmo or Cash App.
In the Passbook app, go to the “Add money” page, click the [Transfer from a bank account] button, then click [Link a new bank account], find and select your other bank from the list, log in to your other bank account, and follow the prompts.