Author Topic: CC and Bank Accounts in Israel?  (Read 15202 times)

Offline elimmm

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Re: CC and Bank Accounts in Israel?
« Reply #45 on: January 14, 2016, 05:35:44 AM »
If you read the T&C on a lot of the US issued CCs, it says that you must be a current resident of the US/ residing in the US... or some other term. When you live in Israel, you are considered a citizen living abroad. Technically you do not have any of the coverages, if they see that you've been living out of the US for six months.

Lawyers, am i right???  Anyone have experienced anything based on this. (the fact that they generally approve all sorts of claims from outside US does not disprove my statement, as they aren't looking through your transaction history to see where you are living, especially when honoring a $500 claim) 

Offline Emkay

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Re: CC and Bank Accounts in Israel?
« Reply #46 on: January 14, 2016, 06:01:56 AM »
If you read the T&C on a lot of the US issued CCs, it says that you must be a current resident of the US/ residing in the US... or some other term. When you live in Israel, you are considered a citizen living abroad. Technically you do not have any of the coverages, if they see that you've been living out of the US for six months.

Lawyers, am i right???  Anyone have experienced anything based on this. (the fact that they generally approve all sorts of claims from outside US does not disprove my statement, as they aren't looking through your transaction history to see where you are living, especially when honoring a $500 claim)
What type of claims?

Offline elimmm

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Re: CC and Bank Accounts in Israel?
« Reply #47 on: January 14, 2016, 11:03:41 AM »
What type of claims?
any claims through CC coverage including all the protections, extended warranty, CDW...  look at the fine print. can i be wrong?
they may not ever look to see where u live, but if you total a car, and they realize u've been living abroad most of the year, they may look over ur history and u'll be out $25,000. scary thought

Offline Zevi16

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Re: CC and Bank Accounts in Israel?
« Reply #48 on: January 17, 2016, 06:51:41 PM »
Reports your bank accounts and possibly income from america if there is any and they look into it. I by mistake gave mine when I didn't realize what it was but when I asked and they told me o told them I don't have my wife's ssn on me and walked out. Haven't been asked again BH and never gave it. I believe that with doar bank you don't need to . Go with that eventhough it might be a little inconvenient.  It's worth it if u have anything to hide. :)

discount and Leumi still have it last time I chromed,  however it's becoming a new law so all banks beside doar will lose not have the perks of foreign student accounts. Hatzlacha
Leumi still offer it

Offline emjee

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Re: CC and Bank Accounts in Israel?
« Reply #49 on: January 17, 2016, 07:03:12 PM »
Are you stating or asking?

Offline Emkay

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Re: CC and Bank Accounts in Israel?
« Reply #50 on: March 27, 2016, 11:45:59 AM »
Bank Leumi just sent me a letter saying they are closing are accounts of foreigners with less then $50k. What other bank should i go with?

Offline Hidden

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Re: CC and Bank Accounts in Israel?
« Reply #51 on: March 27, 2016, 12:17:39 PM »
Bank Leumi just sent me a letter saying they are closing are accounts of foreigners with less then $50k. What other bank should i go with?
Even with signing a w9 form?

Offline Emkay

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Re: CC and Bank Accounts in Israel?
« Reply #52 on: March 27, 2016, 12:51:02 PM »
Even with signing a w9 form?
Yes. I'll upload a picture soon.

Offline emjee

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CC and Bank Accounts in Israel?
« Reply #53 on: March 27, 2016, 01:26:06 PM »
Bank Leumi just sent me a letter saying they are closing are accounts of foreigners with less then $50k. What other bank should i go with?
if you want free banking go with דואר. However it is a little bit annoying since they don't have the conveniences of reg banks. Afaik foreign students lost their student zechutim . Although I'm not crazy about them but bank hapoalim has been pretty good. Hatzlacha .

Offline Emkay

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Re: CC and Bank Accounts in Israel?
« Reply #54 on: March 27, 2016, 01:30:32 PM »
if you want free banking go with דואר. However it is a little bit annoying since they don't have the conveniences of reg banks. Afaik foreign students lost their student zechutim . Although I'm not crazy about them but bank hapoalim has been pretty good. Hatzlacha .
I just need an account to pay rent and for betuach leumi.

Offline emjee

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Re: CC and Bank Accounts in Israel?
« Reply #55 on: March 27, 2016, 02:11:16 PM »
I just need an account to pay rent and for betuach leumi.
How do you get money into your account? I don't think doar has mobile deposit,  which would mean you have to go in (time consuming). If that doesn't bother you, go for doar. And...emkay.. pay ביטוח לאומי by credit card. I've never done hora'at keva with them BH.

Offline Emkay

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Re: CC and Bank Accounts in Israel?
« Reply #56 on: March 27, 2016, 02:13:39 PM »


How do you get money into your account? I don't think doar has mobile deposit,  which would mean you have to go in (time consuming). If that doesn't bother you, go for doar. And...emkay.. pay ביטוח לאומי by credit card. I've never done hora'at keva with them BH.

I would need a bank with atm or mobile deposits. And I need the bank so they can pay me not VV.

Offline sammy n

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Re: CC and Bank Accounts in Israel?
« Reply #57 on: March 27, 2016, 02:22:19 PM »


I would need a bank with atm or mobile deposits. And I need the bank so they can pay me not VV.
I have Discount bank and after about 3 months with them they sent me a letter that they stopping the student account and started charging me 9.90 shek a month for my debit card and charge me every time I do something in the bank. Other then that they seem to be ok for me.

Offline emjee

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Re: CC and Bank Accounts in Israel?
« Reply #58 on: March 27, 2016, 02:25:02 PM »

I would need a bank with atm or mobile deposits. And I need the bank so they can pay me not VV.
Pm sent

Offline Mr. CC

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Re: CC and Bank Accounts in Israel?
« Reply #59 on: March 27, 2016, 02:27:30 PM »
pay ביטוח לאומי by credit card. I've never done hora'at keva with them BH.
+1