If you’re a student and in need of a checking account, be sure to check out Bank of America! They currently have a Student Checking account that offers great cash back deals! With their exclusive BankAmeriDeals, cardholders can earn cash back on both credit and debit cards. Cash back earned is automatically added to the account by the end of the month.
Additionally, students get their monthly maintenance fee waived, Online, mobile, and text banking, and a savings program designed to help you save and budget. All this can be yours so long as you’re under the age of 24 and enrolled in high school or college, university, or vocational program.
Table of Contents
Requirements
- Must be under the age of 24.
- Enrolled in secondary or post-secondary education.
- The minimum opening deposit is $25.
The Benefits
- No monthly maintenance fee
- Wide Network: Bank of America has approximately 4,700 branches and 16,000 ATMs in the U.S.
- BankAmeriDeals: With BankAmeriDeals, you’ll earn cash back by paying for your purchases with a Bank of America debit or credit card. Your cash back earned is automatically credited to your account by the end of the month.
- Keep the Change Savings Program: Make everyday purchases with your Bank of America debit card, as usual, and the bank will round up your purchase to the nearest dollar amount. They’ll transfer the difference automatically into your savings account.
- Online Banking & Mobile App: Check your balance, pay back a friend, and deposit a check, all from your laptop or smartphone.
The Fees
- Monthly Maintenance: $0
- Non-US Bank ATM (domestic): $2.50
- Non-US Bank ATM (international): $5.00
- Debit Card Foreign Transaction: 3%
- Overdraft (NSF): $35, For paid or returned items, Max 4 items
- Extended Overdrawn Balance: $35, If you balance is in the red for 5 consecutive days
- Debit Card Cash Advance: $12
- Paper Statement: $5 per monthly paper statement
- Replacement Card (Express): $15 per card
Bottom Line
If you’re looking for a great student checking account, be sure to sign up for the Bank of America Student Checking account! As previously stated, this account has great benefits and offers to help save money and earn cash back. Use this account as a great way to start building your wealth.
Please note that this bank account unfortunately doesn’t yield interest but will help you manage your savings. Check out our other Best Student Checking Accounts, here on HMB!
![]() | Chase Business Complete BankingSM: Earn $300 bonus when you open a new Chase Business Complete BankingSM account and deposit $2,000 or more in new money within 30 business days & maintain that balance for 60 days, and complete 5 qualifying transactions within 90 days. Chase offers financial products and services that let you bank when and how you want. Get Coupon---Chase Business Checking Review |
![]() | Huntington Unlimited Plus Business Checking: Earn $750 bonus when you open a Huntington Unlimited Plus Business Checking account and make total deposits of at least $20,000 within 60 days of account opening. The $750 bonus will be deposited into your account after all requirements are met. This account is for larger businesses with high monthly transaction volume. Apply Now---Huntington Unlimited Plus Business Checking Review |
![]() | Huntington Unlimited Business Checking: Earn $400 bonus when you open a Huntington Unlimited Business Checking account and make total deposits of at least $5,000 within 60 days of account opening. The $400 bonus will be deposited into your account after all requirements are met. This account is for businesses with higher checking activity and greater cash flow needs. Apply Now---Huntington Unlimited Business Checking Review |
![]() | Huntington Business Checking 100: Earn $200 bonus when you open a Huntington Business 100 Checking account and make total deposits of at least $2,000 within 60 days of account opening. The $200 bonus will be deposited into your account after all requirements are met. This account is ideal for start-ups and small businesses with lower balances and checking activity. Apply Now---Huntington Business Checking 100 Review |
![]() | Axos Bank Basic Business Checking: Earn $100 bonus when you open a new Axos Bank Basic Business Checking Account. The average daily balance of the account must be at least $5,000 in the first three months after account opening, in order to qualify for the $100 bonus. Apply Now---Axos Bank Business Checking Review |
Leave a Reply