If you’re a student, chances are finances are tight. That’s why it pays to choose a checking account that caters to students. If you’re looking to save money anywhere you can, your checking account is a good place to start.
Capital One MONEY Teen CheckingPros:– No fees or minimum balance requirements– Earns interestCons:– No educational tools in app– Can only deposit cash at Capital One branches or ATMs
Discover Bank Cashback Debit CheckingPros:– No fees– Cashback rewardsCons:– No interest paid on balances– No physical branches
Wells Fargo Clear Access BankingPros:– No overdraft fees– 24/7 fraud monitoring and zero liability protectionCons:– Does not earn interest– No access to a nationwide ATM network
Chase College CheckingPros:– Bonus offer– No monthly service fee for five years– Plenty of branchesCons:– No locations in some states– No ATM fee reimbursements– No interest
Chime Checking AccountPros:– No monthly or overdraft fees– Early access to paychecks– 60,000+ free ATMsCons:– $2.50 fee per transaction at out-of-network ATMs– Can only deposit cash at partner locations, such as Walmart and 7-Eleven
There are quite a few student checking accounts on the market, so it might seem daunting to choose one
Here are some things you should consider before signing on the dotted line:FeesMobile appATM availabilityPaper check-writing capability: