Best Bank To Open A Checking Account For Students

For starters as long as you re in college for up to five years you won t have any monthly service fees to worry about with the chase college checking account.

Best bank to open a checking account for students.

Best student checking account for account duration student checking account age requirements vary at every bank. Student accounts may have reduced fees and special features. These accounts do not have a minimum balance requirement although they do require a student to deposit 50 to open the account. A student bank account is a checking or savings account that a bank credit union or other financial institution offers to students.

One of the best features of this bank is the use of the various services earns that earn points that can be redeemed for cash travel gift cards or other goodies. The bank is currently running a sign up bonus where new customers can get 200 for opening a chase total checking account and establishing direct deposit. Opening up a student bank account should be something every first year student in college does if they haven t already while they were in high school. You must be a new chase account holder or have no record of negative balance with chase within the past 90 days.

You get full access to online and mobile banking all the apps and tools of a non student account bill pay depositing checks sending money with a u s. Several banks offer low fees on student checking accounts to help start the financial lives of students. A student bank account is a term that typically refers to a checking account although a savings account might fall into this category as well. Bank student checking.

Chase stands out as the best bank for students overall especially for college students aged 17 to 24. Best student checking accounts of october 2020 cnbc select reviewed dozens of checking accounts from online banks brick and mortar banks and credit unions to find the top choices for students. Regions bank lifegreen checking for students. Bank offers a basic student checking account for students that doesn t charge a monthly maintenance fee if you want paper statements it s 2 month.

Sign up rewards to receive the 200. Forbes advisor lists the best ones available in 2020. Generally they re for students between the ages of 18 23.