# Robinhood introducing bank account with no fees and 3% interest

**URL:** <https://community.nomadgate.com/t/robinhood-introducing-bank-account-with-no-fees-and-3-interest/5537>\
**Category:** Newsfeed\
**Created:** [December 13, 2018, 9:30pm UTC](https://community.nomadgate.com/t/robinhood-introducing-bank-account-with-no-fees-and-3-interest/5537 "2018-12-13T21:30:47Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![tkrunning](https://community.nomadgate.com/user_avatar/community.nomadgate.com/tkrunning/32/9053_2.png) [@tkrunning](https://community.nomadgate.com/u/tkrunning)\
**Post date:** [December 13, 2018, 9:30pm UTC](https://community.nomadgate.com/t/robinhood-introducing-bank-account-with-no-fees-and-3-interest/5537/1 "2018-12-13T21:30:47Z")

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[https://blog.robinhood.com/news/2018/12/13/introducing-robinhood-checking-amp-savings](https://blog.robinhood.com/news/2018/12/13/introducing-robinhood-checking-amp-savings)

No foreign transaction fees, no overdraft fees, no monthly fees, etc. Earn 3% interest on your USD deposits.

Pre-order now, starts shipping in January. US only. **[Reserve your account and card here](http://share.robinhood.com/cs-zvPKKxKrB6zUujNyxsGVDn)**.

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**Author:** ![louisz](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/l/c77e96/32.png) [@louisz](https://community.nomadgate.com/u/louisz)\
**Post date:** [December 14, 2018, 12:06am UTC](https://community.nomadgate.com/t/robinhood-introducing-bank-account-with-no-fees-and-3-interest/5537/2 "2018-12-14T00:06:46Z")

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According to their [terms](https://d2ue93q3u507c2.cloudfront.net/assets/robinhood/legal/RHF%20Jurisdictions.pdf), this is only available to US residents with an SSN. So I guess foreigners with ITIN’s won’t be eligible.

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**Author:** ![tkrunning](https://community.nomadgate.com/user_avatar/community.nomadgate.com/tkrunning/32/9053_2.png) [@tkrunning](https://community.nomadgate.com/u/tkrunning)\
**Post date:** [December 14, 2018, 1:28pm UTC](https://community.nomadgate.com/t/robinhood-introducing-bank-account-with-no-fees-and-3-interest/5537/3 "2018-12-14T13:28:13Z")

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Not sure. Oftentimes services that say they require an SSN will in practice accept an ITIN, so I guess you could always try 🙂

Have you tried signing up for a regular, US-based, Robinhood account yet? I assume it’s the same requirements.

EDIT: Actually, it says you’ll need to be a citizen or _permanent_ resident, or possess a valid (I assume, _immigrant_ vis). That might make it a bit trickier…

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**Author:** ![anasse84](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/a/f9ae1b/32.png) [@anasse84](https://community.nomadgate.com/u/anasse84)\
**Post date:** [December 15, 2018, 2:01am UTC](https://community.nomadgate.com/t/robinhood-introducing-bank-account-with-no-fees-and-3-interest/5537/4 "2018-12-15T02:01:42Z")

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I tried to signing up for a regular account before, they don’t accept ITIN number