When determining the best banks for students, several factors should be considered, including student-friendly features, benefits, and convenience. Here are some banks that are often considered top choices for students:
Chase Bank
Chase offers various student banking options, including the Chase College Checking℠ account, which has no monthly fees for up to five years while you’re in school. They also provide access to a large network of ATMs and offer features such as mobile banking and student credit cards.
Bank of America
Bank of America offers the Bank of America Advantage Banking account, which comes with no monthly maintenance fees for eligible students under 24 years old. They have a strong online and mobile banking platform and provide access to a wide network of ATMs.
Wells Fargo
Wells Fargo provides the Wells Fargo Everyday Checking account, which offers various features tailored to students, such as no monthly service fee for students aged 17-24. They offer online and mobile banking services and have ATMs and branches conveniently located across the country.
Capital One
Capital One offers the MONEY Teen Checking account, which is designed specifically for teenagers and young adults. This account provides various tools and resources to help students manage their finances effectively. Capital One also offers student credit cards suitable for building credit and managing expenses.
TD Bank
TD Bank offers accounts catering to students, such as the TD Student Checking account, which has no maintenance fee for full-time students under 24. They have a strong presence on the East Coast, offering student-friendly features like convenient branch hours and a mobile banking app.
When choosing a bank as a student, it’s important to consider factors such as accessibility, low or no fees, access to ATMs, online banking capabilities, and any additional benefits or perks offered. Compare the features and offerings of different banks to determine which best aligns with your specific needs and preferences.
