With your Erasmus Life Porto Card, you can open a free Portuguese Bank Account without a NIF number!
What are the advantages of a Portuguese bank account?
- Avoid carrying too much money around;
- Avoid paying maintenance/cancellation bank fees;
- Avoid paying withdrawal taxes, or commissions for bank transactions;
- Be able to pay your rent and day to day expenses easily;
- Be able to charge your Portuguese mobile phone in any ATM;
- Charge your monthly transportation pass;
- Pay all kind of services, and more!