Best Student Checking Accounts
Whether you’re looking for the best student checking account to help you finance your college education or you want to get yourself started as a student, there are a lot of choices out there. But it’s not as difficult as you might think to find the right one for you.
Whether you are just starting your banking career or are already well established, Aspiration Student Checking Accounts may be a great fit for your banking needs. These accounts are easy to open and offer a number of advantages that make them a worthwhile investment.
Aspiration accounts are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $2 million. This means you’re protected if your account is stolen or lost. The account also comes with an automatic sign-out feature that ensures your money is safely guarded. You will have access to your money in several ways, including via online transfers, direct deposits, and paper checks.
Aspiration Bank also offers a high-yield savings account. With an Aspiration Plus savings account, you can earn a 5% APY on your money. There are other perks to the Plus Account, like Product Assurance and reimbursement for out-of-network ATM fees.
Ally Bank Interest Checking account
Whether you are a student or a parent, you may want to consider an Ally Bank Interest Checking account for students. The interest checking account is a great way to earn interest on your checking account funds while giving you the ability to spend cash.
The interest checking account can be opened by sending a check or by using a wire transfer from another bank account. You can also deposit your money through the Ally app.
The interest checking account does not have a minimum balance requirement. The interest checking account does not charge any monthly maintenance fees or charges for overdrafts. You can get up to $10 in reimbursements for out-of-network ATM fees every statement cycle.
Ally Bank offers competitive rates on savings products. You can find CDs that pay as much as 3.10% APY. There is also an online savings account with no minimum balance requirements. You can also open a money market account, which has no monthly fees and no minimum opening deposit. The money market account has check writing privileges and allows you to access over 43,000 fee-free ATMs.
PNC’s Virtual Wallet
Whether you’re a student or not, PNC’s Virtual Wallet student checking account can help you manage your money. It includes a primary checking account, a short-term reserve account, and a long-term savings account. It also includes a number of other tools to keep you on top of your finances.
While PNC’s Virtual Wallet Student account has several benefits, it does have a few downsides. The main problem is that it can become expensive after six years.
If you’re a college student, you may be able to save a lot of money with a student checking account. In addition to a low monthly service fee, this account includes a number of features to help you track your money. You can even get an automatic courtesy refund of overdraft fees.
Discover Cashback Debit
Whether you’re interested in earning cash back on your purchases or simply maximizing your banking options, a Discover Cashback Debit student checking account is a great choice. This type of checking account offers no fees and a simple, no-fuss service, and it is one of the best no-fee checking accounts available. It is also easy to apply for, and a customer can start enjoying the benefits in as little as five minutes.
Discover Bank is a full-service online bank with a strong reputation for award-winning customer service. In addition to its popular checking accounts, the company also offers personal loans and a number of other financial products. You can even access retirement plans and home equity loans through Discover.
Discover’s Cashback Debit Student Checking Account is a good choice for people who frequently use their debit cards. It has many perks, such as free online bill pay and early paycheck access. You can also manage your account on the go with the help of the Discover app. The app lets you deposit checks, set travel notifications, freeze your debit cards, and withdraw cash.
U.S. Bank Student Checking Account
Whether you are a high school student or a college student, opening a student checking account can help you manage your money. Many of these accounts offer free checking and low monthly maintenance fees. These features make it easy to deposit and pay bills, and they are a great way to start saving.
While you may want to choose an account that pays a higher interest rate, there are other things to consider when opening a bank account. Some banks require a minimum deposit, while others waive monthly service fees for the first few months. In addition, some banks provide mobile apps that let you pay bills, deposit checks, and access your savings tools from anywhere.
Some banks also offer educational content for students. You can use your checking account to send and receive money online, and you can also set up an online username and password.