Free Student Checking for College Students

If you are a college student you probably are going to need a checking account. This helps you to start managing your money at an early age. There are a lot of good opportunities for you. Some banks will give you free checking which allows you to waive most of the fees associated with a regular checking account. You may be able to get a free bill payment service which allows you to pay your creditors without writing checks. Everything is done right on line. There are special credit card offers available as well. One of the offers available is a promotional rate of zero percent for six months. There is a chance that this promotional rate could be available for balance transfers and purchases. It's all just a matter of checking around to see what is available.

A typical overdraft account will charge you an annual fee of $20 but some banks do not make you pay this fee. Overdraft protection is just like any other credit protect therefore you have to apply for it. With this product you must be 18 years old to apply. The legal age requirement for opening a checking account is 18 years of age but some students will allow you to open a checking account if you are 17 years old. You will need to prove that you are enrolled in college by providing your current registration papers or your school identification. Most student checking accounts will not require you to have a minimum balance. This gives you an opportunity to save money by not having to pay a minimum balance fee if your balance dips below the required balance.

Some banks will require you to have a parent or guardian if you are under the age of 18 and others will not. If you are looking for a student checking account you may want to do an internet search for student checking accounts. The next step is choosing the checking account that helps you to save money and meet your goals and objectives.

You are afforded the convenience of banking online, at a branch office, phone or through an ATM. There are a lot of opportunities that allow you to save money. Check with a bank in your area and ask about the student checking accounts and they will be able to let you know what is available. One bank with some great opportunities for students is Chevy Chase Bank.

Source: www.chevychasebank.com