6 Banks That Are Best For Students
Becoming a student is one of the first steps towards adulting. In student life, financial management becomes crucial. Since you have your entire life ahead of you to manage finances, it makes sense to learn all the intricacies from a very young age. Here are the six best banks that are worth considering when opening an account during your student days.
- Wells Fargo
This bank provides a lot of benefits to students between the age of 17-24. Opening a Students Checking Account with this bank will always prove helpful for all your financial needs. It comes with the main benefit of 50% reduction in the monthly checking fees which means you only need to pay around $5 a month.
This financial institution comes with a LifeGreen Checking for Students account where it permits students under the age of 25 to open an account with a minimum of $50 and no maintenance fee. They also offer 0% APR on balance transfers for seven months. In addition, a student does not have to pay an annual fee. But, once you turn 26, this account will turn into a normal Lifegreen Checking Account with all applicable fees.
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This bank is one of the most trusted names when it comes to the Banking system in the country. They have the provision to have accounts where you do not need to pay monthly fees and has a lot of advantages such as mobile banking, direct deposit, ATM Cards with chip technology and a lot more to offer.
This bank has all the facilities for a student checking account as you have for a normal account. Except for getting a credit card, you have all of the other options. You have a mobile app where you can pay the bills and do money transfers. You also have excess to a large number of ATMs as well as various branches belonging to Chase Bank at many locations.
This bank has a certain provision wherein if you have an active student status, PNC Bank will waive off the monthly service charge for students who use the Virtual Wallet Student account. Apart from getting a Visa Debit Card, you get language interpretation as well as have access to wire transfers.
The U.S Bank will waive off four transactions that have not been done by an ATM of the parent bank. Apart from that, students can enjoy the facilities for zero credit liability, no annual fee, and no monthly maintenance fees either. There are plenty of functions which this bank provides.
Starting at a young age, students can learn how to manage finances efficiently. All banking functions can be picked up fast when started at an early age. There are various banks that provide the best of services. You only need to find out which one is the most suitable for your requirements.
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