The whole point of having a college checking account is to save a student considerable amount of cash on bank charges. On average, a student normally has to pay about $200 a year on maintenance itself. The good news is we have found a list of 10 college checking accounts, all of which charge students no extra monthly charges.
Here is a list of 10 Free College Checking Accounts to save you money:
Valley National Bank (Student Reward Checking)
Citibank (Student Account)
M&T Bank (College Checking)
First Bank of Colorado (Student Package)
Sovereign Bank (Student Checking)
Susquehanna Bank (Student Checking)
TCF Bank (Student Checking)
TD Bank (TD Student)
US Bank (Student Checking)
I would also like to share some awesome tips with you guys!
Always try to find an online checking account, because that will allow you to keep track of all your balance sheets. Then you will always know what bank charges are being taken and with this online feature you could at least make decisions on your cash flow.
Try looking for banks with an ATM Booth nearby, so that you don’t have to withdraw cash from another bank’s booth, often costing you an additional surcharge. Just make sure the ATM network covers your regular travel map.
Always make sure to keep up-to-date records of all your transactions, because you never know if you are mistakenly taking an overdraft.
If you are using an online banking system, never login to your account using some other computer like in a library or a student lounge. This makes it easier for your confidential information to be stolen.
College life is totally different till we get in to a full time profession and start making a living. It is time for all of us to learn healthy banking habits and save about $200 by just following the banks listed and the tips shared.