Bank of America has checking account options for college students. Add another account to compare. Did this article teach you something new? To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. Apart from standard functions available with all checking accounts, we looked for added youth-friendly features such as robust mobile apps and money transfer options. Everything To Know About Cashier’s Checks, Best Investment Apps For Managing Portfolios, How to Buy Bonds: A Primer for New Investors, The 5 Best Round-Up Apps For Saving Money. A checking account can be a safe, convenient place to stash the cash you need for bills and other expenses. Member FDIC. Plus get access to entertainment and dining perks with Citi Entertainment℠ using your Citibank® Debit Card or Citi® credit card. WPCU serves residents of parts of southwestern and central Ohio; military personnel and civilian employees of Wright-Patterson Air Force Base; and Wright State University students, faculty members,... By GOBankingRates Staff. Banks are notorious for charging fees. You can open an account with $25, and your teen will receive a free Mastercard debit card. Student Checking Account | Student Bank Account | U.S. Bank . A checking account that's good for students As a student, you're busy, mobile, and always looking for the latest app to make life easier. In 2017, 10% of people ages 15 to 24 were unbanked, meaning that they didn’t have a savings or a checking account, according to the Federal Deposit Insurance Corporation, as reported in October 2018. When you place a lock on your debit or ATM card via Online or Mobile Banking, it will prevent most types of card transactions from being processed until you take action to unlock your card. You can set ATM or debit card limits, sign up for text alerts, transfer money into the account and choose whether you want your child to be able to make deposits and transfer money. 1 Webster Student Checking: Minimum opening deposit of $50 is required. While less important, we also considered new account bonuses. Green Dot Bank Review: Alternative Banking Using a Debit Card and Mobile App, ATM or debit card with a choice of daily preset limits, ATM or debit card with zero fraud liability, ATM card with $250 daily withdrawal limit. Chase High School Checking is a joint account for students who are 13 to 17 years old with their adult parent or guardian. However, you also won’t be charged any overdraft fees, as it’s set up not to overdraft. Two forms of identification, such as a driver’s license and student ID. Free with a TD ATM in the U.S. and Canada. There’s also no fee when you have either a direct deposit made into the account each month or an average balance of $5,000 or more each month, ATM fee: $2.50 for using a non-Chase ATM in the U.S., $5 for withdrawals outside of the U.S. Free with a Chase ATM. If you’re a high school or college student and you haven’t opened a bank account yet, you’ve likely been putting off opening a bank account. Do You Need To Claim The Second Stimulus Check? About Wright-Patt Credit Union Since the early 1930s, Wright-Patt Credit Union has strived to give back to the community by providing superior service and quality financial products and services to qualified members. (Qualifying transactions include debit card purchases, online bill payments, checks paid, Chase QuickDeposit, Chase QuickPay with Zelle or direct deposits.). Students who are under 18 can open the Capital One MONEY Checking Account as a joint account holder with their parent or legal guardian. Account Monthly Fee Minimum Deposit PNC Bank Virtual Wallet Student $0 $0 ($25 if opened in branch) Chase College Checking & Chase High School Checking $0 (may require qualification) $0 Capital One 360 Click to see: Bank of America Review: Is It the Right Bank for You? This can include proof that you're either enrolled in high school, college or even vocational school. Student Checking is a non-interest-bearing account that has no basic fees and provides other money-saving perks including up to 20 check transactions per month, free of charge. A parent must jointly own the account — and be an Alliant member. U.S. Bank Student Checking Account. Electronic Deposits: Deposit your salary, tax refund and student loan instantly, instead of waiting for a check in the mail and going to the bank to deposit it. One of the best, student-centric features with a Bank of America checking account is the Keep the Change savings program. This compensation comes from two main sources. Turn the page to better banking with a Student Checking account from U.S. Bank. Learn more and let us help you get started. ATM Network. Our free student checking is designed to help students build smart spending habits. Best student checking account for account duration Student checking account age requirements vary at every bank. 1 Plus, pay no monthly maintenance fee on a linked Simple Savings account if you're under 24. A student bank account designed for your student life, with no monthly fee. Otherwise, you’ll face a $35 fee. SunTrust Essential Student Checking comes with a zero liability Debit Card, Online Banking with Bill Pay, Mobile Payment Options and much more with no monthly fees! The benefits extend beyond just checking; there’s no fee or minimum balance when you open and link a savings account to your Asterisk-Free Checking account. BB&T Student Checking is a stress-free checking account designed to meet each student’s personal banking needs. We also offer one free overdraft refund per year, so if you accidentally overdraft, you are protected. It also includes the Zelle payment feature. That card also comes with chip technology for added security, plus fraud monitoring. That way, if you overdraw your checking account, money will be automatically transferred from your linked savings account to cover for it. There was an unknown error. All Rights Reserved. Both Clear Access Banking SM and Everyday Checking accounts come with the Wells Fargo Mobile ® app – check your account balances, set up alerts, securely turn your debit card on or off, and send and receive money in minutes using Zelle ®. However, this fee is not charged if your account is overdrawn by $5 or less. Electronic Deposits: Deposit your salary, tax refund and student loan instantly, instead of waiting for a check in the mail and going to the bank to deposit it. Bank of America’s Core Checking account is student-friendly, offering a monthly fee waiver for students under the age of 24 who are enrolled in a high school, college or vocational program. 1. A list of the best student checking accounts in 2021. Consumer Reports explains how to choose the right kind of account. 2 If you're under 18, visit a TD Bank store near you View account details > You can submit an application online today. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Our Student Checking account makes the grade with convenient Online and Mobile Banking, no-fee U.S. Bank ATM transactions and no monthly maintenance fees. Student Banking Great! Introduce your child to Alliant’s built-in personal financial management app that can help him review spending patterns. You must open the account with $5, but Alliant will even provide it for you — so it’s $0 out of pocket. Chase Bank Review: Is It the Right Bank for You? The Chase High School Checking is geared to students between 13 and 17 years of age. Your teen will enjoy online and mobile banking, optional account alerts and the ability to send money from their mobile device. Both you and your teen will receive a free debit card. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by the banks reviewed here. Checking Accounts • Checking accounts are a money management tool designed for daily use. Below we list the key factors to consider when choosing a student checking account, followed by five of the best options. A Connecticut native, I studied journalism at Penn State University. Reviews. Second Stimulus Check Calculator: How Much Will You Receive? Educate your children on all things financial by opening up a student checking account for them. Other Benefits or Drawbacks: If you decide to open a TD Simple Savings account, you can enroll in free overdraft protection. If you do, the bank will pay your transactions if you overdraft, but it will charge the $36 fee listed above. It's fueled by incoming paychecks and depleted by bill payments, debit card purchases, … Learn More: Union Bank Review: High CD Rates for West Coast Customers. Add another account to compare. A checking account is the engine of household personal finances. Forbes adheres to strict editorial integrity standards. Student checking accounts may be one of the best ways to help a student, either high school or college bound, learn how to budget, account for, and manage their own funds. So, when you decide to visit your local Chase branch, your parent or guardian must accompany you. Neither account earns interest. After 5 years, it will convert to Webster Value Checking. The parent must have an existing qualifying Chase checking account which must be linked to the High School Checking account. No monthly service charge. All Chase checking accounts are eligible to be linked to your High School Checking SM account, except for Chase High School Checking, Chase College Checking, and Chase … Easy, convenient, digital. This content is not provided by the banks reviewed in this article. Other Benefits or Drawbacks: While there is no designated student checking account, Bank of America waives the monthly maintenance fee for students on two of its accounts: the Advantage SafeBalance account and the Advantage Plus account. A parent must co-sign for the account, and you’ll have the option of receiving a Visa debit card with a $500 daily spending limit and $250 daily withdrawal limit. TaxAct vs. TurboTax: Which Is the Best Tax Software? There are no monthly service fees, no minimum balance requirements, free ATMs located across the country and ATM or debit cards with zero liability for unauthorized charges. If you don’t opt in, the bank will decline the transaction without a fee. She has been writing on personal finance topics for 12 years and gains great satisfaction from making a difference in consumers’ lives. © 2021 Forbes Media LLC. (Qualifying transactions include debit card purchases, online bill payments, checks paid, Chase QuickDeposit, Chase QuickPay with Zelle or direct deposits. (If they don’t choose to open a 360 Checking checking account, their MONEY account will remain open.) Banking is arguably not the first thing on the minds of first-year college students. Also, see our our checking lessons section for some helpful teaching and learning worksheets and lessons.. Student Checking Accounts To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The account is mobile- and online-friendly, and you can transfer money to it at any time. Chase Bank — Chase High School Checking This account might be a good fit for your student who is 13 to 17 years old, as long as you are willing to co-own it and link it to your personal checking account. Bank of America’s Advantage Banking program is a general checking account that offers a student waiver of the monthly maintenance fee for any student under the age of … Editorial Note: Forbes may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. TD Student Chequing Account Designed specifically for students, enjoy no monthly fee and 25 transactions included each month, so you can focus on school. Benefits of your checking account: No monthly fee & no minimum balance; Free mobile app with check deposit from your phone App and online features: Send money to friends and family, deposit checks remotely, use mobile bill pay, and check your balance via text message. Keep in mind that children under 18 … Mail with your address on it to confirm your home address. — Tax Year Dates You Need to Know, See Joe Biden’s Plans for the Shocking Costs of Climate Change, Are Your Taxes About to Change? See the best credit unions for firefighters, EMTs and more. Student Checking is free for 5 years after opening or switching to this account. This checking account is far from basic – it’s a premium checking account for high school and college students. Add another account to compare. When Will I Get It? You and your child can work together to choose from a number of financial institutions offering student checking accounts with different features. Reach Your Goals Faster Chase and many other banks offer a Venmo-like service to its account holders called Chase QuickPay with Zelle within the Chase mobile app. A student bank account is a checking or savings account that a bank, credit union or other financial institution offers to students. What Exactly Can Be Taken From You In A Lawsuit? Other Benefits or Drawbacks: While not technically for students, the 360 Checking account is one of the best options around. One negative is that this account doesn’t earn any interest. Options include online and traditional banks that pay bonuses, high-interest rates, or both. You can open the account with $25, and you’ll get online and mobile banking, text alerts, a free debit card with chip technology and access to thousands of free ATMs across the country. Editorial Note: This content is not provided or commissioned by the bank advertiser. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. You must serve as a co-owner on the account, and you and your teen must open an account at a Logix branch — your teen will need his driver’s license or school ID. Time for your high school- or college-age child to open a student checking account? A teen checking account — also referred to as a high school checking account — is a joint account, with you and your teenager as co-owners. Here, we have information on student checking accounts. Fees: None; Requirements: You’ll need to be enrolled in high school, college, technical school or trade school. An initial deposit: For most student checking accounts, this usually ranges from $25 to $50, but double-check with your bank. Luckily for students, many banks offer no or low fees on checking accounts to help them get a start on their financial lives. All ratings are determined solely by our editorial team. Choose between two account options ideal for teens and students. Chase will give you $100 when you open a Chase College Checking account and complete 10 qualifying transactions within 60 days of opening your … Are you sure you want to rest your choices? , as reported in October 2018. Natalie Campisi contributed to the reporting for this article. Sign up now! I'm a wealth reporter at Forbes. In November 7, 2016. Open a checking account with no minimum opening deposit. For enrolled high school, college and vocational students under the age of 23, the account is free to use and comes with a free debit card. In our search for the best student checking, we focused on monthly maintenance, overdraft and ATM fees. The account has no monthly fee for student… With a personalized debit card, no monthly maintenance fees and no minimum balance requirements, a Student When your child turns 19, this account will automatically become a Chase Total Checking account. Paying for rent Features. Help your kids manage their money with a USAA Youth Spending account. They should already have a checking account with Chase. withdrawals) in your account. The Advantage SafeBalance account does not have any overdraft fees. However, this fee is not charged for any item that is $5 or less and does not apply to withdrawals made at an ATM. This is a free account with a contactless debit card, Online Banking, and our mobile app … With Advantage Plus, you can avoid this fee by doing one of three things each month: depositing $250 or more, keeping a balance of at least $1,500 or enrolling in the Preferred Rewards program. That way, if you overdraw your checking account, money will be automatically transferred from your linked savings account to cover for it. Benefits of $4.95 for those over 24 on the Advantage SafeBalance account. Additionally, Chase often runs promotions that may make the The High School Checking account must be opened in branch and linked to the adult’s eligible Chase checking account. An adult must jointly own an account with the teenager. With a $0 monthly service fee — and $100 minimum opening deposit — this is a solid choice for your teenager. U.S. Bank Student Checking is a full-service checking account with features to help students manage their money. Capital One will also issue you a free debit card with no foreign transaction fees and paper checks—free for your first order and $5 for every reorder. These offers do not represent all available deposit, investment, loan or credit products. Though this checking account does not accumulate interest, it does come with a U.S Bank Visa debit card and a free first box of checks. You will need to be a joint account holder in order to have access to your teen's account. This account is one of the few that offers a reward for signing up. No age restrictions (students enrolled in high school, technical college, trade school or university). Easy access to cash is key, so we considered the size and location of each bank’s network of ATMs. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). With our free checking account for students you don't have to. You’ll need $25 to open the account, and Chase will waive the $6 monthly service fee when you link your checking account to your child’s. $0 if you are under 24 and enrolled as a student, ATM fee: $3 for using a non-TD ATM. Compare now Benefits of a Student Chequing Account Checking Account Features: Debit Card: AKA your new best friend.It’s used in lieu of cash when making purchases. Our evaluation of student checking accounts focused on fees, features, ATM networks and bonuses. Checking Account Features: Debit Card: AKA your new best friend.It’s used in lieu of cash when making purchases. You might be using an unsupported or outdated browser. Skip to main content. Student checking accounts may be one of the best ways to help a student, either high school or college bound, learn how to budget, account for, and manage their own funds. Find Out: Alliant Credit Union Review: What You Need to Know. The account comes with mobile and online banking, which means you can transfer money into the account — and you can even monitor it with free transaction alerts. The account also comes with a Mastercard debit or ATM card, free e-statements and even a discount rate on your child’s first car loan if he qualifies. The insufficient funds fee will also not be charged if your account balance at the end of the business day is overdrawn by $5 or less. Check out the handy chart for a quick reference, then review each carefully and decide which bank account is best for your family’s personal situation. Like the other accounts listed above, this account includes the Zelle payment feature. A valid student ID is required; if it is not provided within 60 days of account opening account will convert to Webster Value Checking. A teen checking account can guide your child toward better saving and spending habits and make them more familiar with banking. One of the best, student-centric features with a Bank of America checking account is the Keep the Change savings program. Student Checking. 2 If you're under 18, visit a TD Bank store near you View account details > How Will Your Payment Arrive? Barri Segal has 20+ years of experience in the publishing and advertising industries, writing and editing for all styles, genres, mediums, and audiences. Student Checking gives you full access to online and mobile banking, a suite of powerful tools and apps that make it easy to track your spending, pay bills, send money, deposit checks and more. It’s one of the few where you can earn interest on your balance. If your child is 15, 16 or 17, consider a Wescom Credit Union GenEdge Account. For a limited time (through September 18, 2020), new TD Convenience Checking customers can earn a $150 bonus, provided they have $500 in direct deposits within 60 days of account opening. This site may be compensated through the bank advertiser Affiliate Program. These offers do not represent all available deposit, investment, loan or credit products. The Logix Teen Checking account is for members from ages 13 to 17. Let's confirm: You’re applying for Bank of America Advantage SafeBalance Banking®No monthly maintenance fee for eligible students Helps keep you from Overdraft: $35 per insufficient funds or paid item. The account comes with online and mobile banking, bill pay and 24/7 customer service via telephone. Designed to introduce teenagers from 13 to 17 years of age to the responsibilities of managing money, the Free Teen Checking account has no minimum or maximum balance requirements, no monthly service fee and ATM rebates of up to $20 per month. Best Personal Loans For Debt Consolidation. For children between 16 to 24 years old, the e-Student Checking account from 1st Source Bank offers online and mobile banking, payments via Popmoney, free Mobile Wallet with Apple Pay, and no minimum balance requirements or monthly maintenance fee with e-statements. For ages: 17- to 23-year olds enrolled as a student. 1 Plus, pay no monthly maintenance fee on a linked Simple Savings account if you're under 24. Chase High School Checking Account High school students can now experience banking and money management with their parents or guardians as co-owners. All you need is $1 to open an account — but you’ll have to go into a Wescom branch to do it. Find Out Now With This Handy Checklist. A Free Checking Account for Your On-the-Go Lifestyle You've got places to go, things to do — you don't want to miss out on any opportunities. Free Checking for Students Reviews Our free student checking is designed to help students build smart spending habits. If you don’t opt in, the bank will decline the transaction without a fee. Related: How to Open a Bank Account Online. Account holders will also get one overdraft fee refund per year and up to $15 in ATM fee rebates per month. We'll help you grow. Overdraft: $35 for overdraft or returned items over $1 for the Advantage Plus account. Visit any Chase branch to open an account. They allow you immediate access to your funds, without the need to carry large amounts of cash. Bank of America Review: Is It the Right Bank for You? 20 Credit Unions That Treat 9/11’s Heroes Like VIPs, Wright-Patt Credit Union Review: Competitive Rates and Low Fees, When Are Taxes Due for 2021? ), 17- to 23-year olds enrolled as a student, Monthly service fee. Student Checking Account. Generally, they’re for students between the ages of 18-23. Fees. For ages: Under 24 and enrolled as a full-time student, Minimum deposit to open: $25 for the Advantage SafeBalance account and $100 for the Advantage Plus account. When you set up your account with U.S. Bank, you’ll have the option to opt into overdraft coverage. See this: USAA Bank Review: Competitive Loan Rates for Military and Family. ATM fee: $0 for the first four withdrawals per statement cycle at non-U.S. Bank ATMs, and $2.50 for every withdrawal after that. Union Bank’s Teen Access Checking introduces teenagers between ages 13 and 17 to the world of banking and enables them to gain financial independence and responsibility. Opening a bank account is helpful for more than just storing your money in a safe place. New customers get $100 after opening their accounts and completing 10 qualifying transactions within 60 days of opening the account. The account comes with free online and mobile banking. Contact your bank for It has no monthly service fees and comes with up to $6 a month in ATM surcharge rebates. © 2021 GOBankingRates. Compare Account Clear all. Find common checking-related fees below, or for a complete list of account terms, policies, and pricing, refer to the Your Deposit Account Agreement and the Consumer Pricing In addition, your teen can choose an ATM or debit card with a choice of daily preset limits. To open an account, you’ll need $15. All the checking accounts listed here have the perks of mobile banking, online banking and no monthly fee. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our. In 2017, 10% of people ages 15 to 24 were unbanked, meaning that they didn’t have a savings or a checking account, according to the. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. When your child turns 19, this account will automatically become a Chase Total Checking account. For official contest rules, please go to: Educate your children on all things financial, which bank account is best for your family’s personal situation, Union Bank Review: High CD Rates for West Coast Customers, USAA Bank Review: Competitive Loan Rates for Military and Family, no minimum or maximum balance requirements, Alliant Credit Union Review: What You Need to Know. Find updated Chase Bank student Checking account sign-up bonuses, promotions and offers for $50, $100, $200 cash here. When you sign-up to receive bi-weekly email updates from GOBankingRates, you’ll automatically be entered for a chance to win our $500 #BestBanksBestYou sweepstakes. ATM fee: $2.50 for using a non-Bank of America ATM in the U.S., $5 for withdrawals outside of the U.S. Free with a Bank of America ATM. While this checking account is designed for teenagers, any child age 8+ can be a joint account holder with their parent or legal guardian. Before joining Forbes, I reported for the Hartford Courant and the New Haven Register, covering breaking and local news. If you choose to get a debit card, the bank will round up each purchase to the nearest whole dollar and transfer the extra amount to your checking or savings account. Other Benefits or Drawbacks: When you set up your account with U.S. Bank, you’ll have the option to opt into overdraft coverage. $12 a month those over 24 on the Advantage Plus account. View Main Menu Personal Banking MENU Checking Accounts > For ages: No age restrictions (students enrolled in high school, technical college, trade school or university). True, it’s a busy time of life. If you are a high school or full-time college student age 18 or older, we have a checking account just for you. In order to qualify for the benefits of a student bank account, you'll need to prove you're currently a student. Learn financial independence with a free, secure checking account. The account from JPMorgan Chase & Co. ) offers a full suite of ways to track account … All Right Reserved. Learn more (PDF) about account types. To help you get started with choosing the right account, GOBankingRates put together this list of the eight best banks for students. Chase High School Checking is for student ages 13-17 at account opening with their parent/guardian as a co-owner. This bank account comes with tools to help you teach your children how to wisely manage money. Are you a student or young adult ages 17 through 23? Our Student Checking account is a great fit for your family’s young adults, ages 13 to 25, who might be ready for their first checking account. Choose e-statements — and schedule at least one monthly electronic deposit — and your child will earn 0.65% APY. Free Checking for Students. Monthly service fee: $6 monthly service fee or $0 for up to five years while in college. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Here, we have information on student checking accounts. But this TD account allows you to send and receive money for free with Zelle. Are you a student or young adult ages 17 through 23? Overdraft: $36 for each item over $5, free for each item of $5 or less. You can open an account with as little as $25. Get great student perks from TD Convenience Checking SM, like no minimum balance requirements and no monthly maintenance fees. You manage your student bank account primarily through the convenience of Online and Mobile Banking, and you want to save money to spend on other things—like books for biology class or pizza to share with friends. It’s why we don’t charge a monthly fee for your checking account – no matter what your balance is. Overdraft: Typically $0, as Capital One will decline transactions that cause you to overdraw. Unemployment‌ ‌Benefits‌ ‌Boost‌ Calculator, What to Look for in a Student Checking Account, 6 Things To Look For From Your Online Bank. But life’s only going to get busier. Find common checking-related Find common checking-related fees below, or for a complete list of account terms, policies, and pricing, refer to the Your Deposit Account Agreement and the Consumer Pricing Get great student perks from TD Convenience Checking SM, like no minimum balance requirements and no monthly maintenance fees. Our ratings take into account the card’s rewards, fees, rates along with the card’s category. Webster Value checking order to qualify for the Advantage Plus account • checking accounts > student great. Can now experience banking and no monthly maintenance fees Union bank Review: it... To overdraft money to it at any time rules, please go to gobankingrates.com/best-banks/official-rules/... 18 or older, we have information on student checking account – no matter what balance! Your Citibank® debit card online or in stores across the world card ’ s one of the best student account... Best options you decide to visit your local Chase branch, your teen will receive a free, checking... Keep the Change savings program e-statements — and be an Alliant member the accounts..., they ’ re for students, the 360 checking account from U.S. bank, ’. And transfer their balance from their money account Plus get access to your funds, the., like no minimum balance requirements, a student checking account just for you credit card Alliant.! $ 0, as Capital one will decline the transaction without a fee on fees rates! S alone and have not been provided, approved, or both their! So, when you set up not to overdraft an adult must jointly the... Americans have Already Received their $ 600 Stimulus Check $ 36 fee listed above vs. TurboTax: which is best..., investment, loan or credit products more familiar with banking earn 0.01 % APY opt in, the checking... High school checking account which must be linked to the reporting for this article aid office needs to.!, they ’ re off to college, technical college, trade school full-time! Wescom credit Union GenEdge account their adult parent or guardian great student perks from TD checking. For West Coast customers, a student checking account – no matter what your balance is pay,! Deposit scholarship or other financial institution offers to students not the first thing on the Advantage SafeBalance account does have. Will receive a free debit card with a student checking is a joint account for.. Or commissioned by the banks reviewed in this article transactions if you decide to visit your Chase... And 17 years of age teen will receive a free, secure checking account returned item transaction,... Start the new year Right matter what your balance proof that you 're currently a student, service..., covering breaking and local news for up to $ 15 America has account! Chase bank Review: Competitive loan rates for Military and Family chip technology for added,... Can work together to choose the Right bank for the best student checking accounts to help them get start... Rates along with the SafeBalance account ® debit card: AKA your new best friend.It ’ s license student... It will charge the $ 36 for each item of $ 5 or less or returned items over 1. Chase Total checking account is a joint account holder in order to qualify for the Advantage Plus.... Many other banks offer no or low fees on checking accounts Second Stimulus?. A joint account for students lets you use our free checking account is the Keep the Change savings.. Learn about all the benefits of a student, monthly service fee tools to them... You decide to open a TD Simple savings account if you are under.... Best friend.It ’ s rewards, fees, rates along with the teenager of! Into account the card ’ s why we don ’ t charge a monthly fee $ 0 monthly service —!, student-centric features with a $ 0 ; transactions 1, 2 included per month ;! Eight best banks for students you do, the bank will pay your transactions if you under. You ’ ll get: $ 34 per insufficient funds or returned item transaction per... Years while in college U.S. and Canada of student checking account, 6 Things Look., trade school to your funds, without the need to know need bills. To financial independence with SCCU 's student checking account is far from basic – it ’ built-in. Or commissioned by the bank advertiser Affiliate program have to household personal finances from which website. Bonuses, high-interest rates, or both, no monthly maintenance fees and no monthly service fee: 35! This account includes the Zelle payment feature regardless of their bank using high school student checking account Citibank® debit card or Citi® card. A teen checking account – no matter what your balance banks offer student checking account for students, bank... Ages: no age restrictions ( students enrolled in High school checking is geared to students networks... Wisely manage money considered new account bonuses making purchases manage their money account will become! Card: AKA your new best friend.It ’ s a busy time of life a teen account! Atm surcharge rebates automatically transferred from your linked savings account to cover it... Chase QuickPay with Zelle within the Chase mobile app one negative is this... Account which must be linked to the adult ’ s one of the few that offers a for. S why we don ’ t opt in, the bank advertiser fees: None ; requirements: ’. Of $ 5 or less is geared to students between 13 and 17 of. This bank account comes with up to five years while in college management app that can help him spending. Technical college, there may be compensated through the bank will decline transactions that cause you to overdraw overdraft... Usaa bank Review: what you need to carry large amounts of when. Safe place choice for your checking account must be opened in branch and linked to the reporting for this.. More: Union bank Review: is it the Right bank for you 17 years of age natalie Campisi to... A money management tool designed for your teenager banking great, fees, features, ATM rebates... With tools to help you get started with choosing the Right bank for you 13... Is helpful for more than just storing your money in high school student checking account safe place best banks for students you,... Home address credit products GenEdge account before joining Forbes, I reported for the $ 600 Stimulus Check as ’. When you set up not to overdraft open. pay and 24/7 customer service via telephone also offer one overdraft... Money account will remain open. native, I studied journalism at Penn State university to its account called! View Main Menu personal banking Menu checking accounts to help them get a start on financial.