How Do You Open A College Student Bank Account?
Opening a student checking account is an important way to teach young adults about smart saving habits and to test drive the inner workings of banking. Before leaving for freshman year in college, many students open their first college student bank account. Thanks to e-services such as online banking and direct deposit many students can continue to bank with their hometown or parent’s financial institution, even if they are moving far from home. Student bank accounts offer a bevy of benefits and quick, safe access to funds while away at school. Review student banking account options from the financial institution. Depending upon needs, some financial institutions offer a variety of college checking accounts ranging from free accounts with overdraft protection and unlimited electronic transactions to accounts that provide a credit card and discounts on auto loans for a small monthly fee. Ask your parents to assist you with the account to financial needs while away at school. If bills ar