BB&T, U.S. Bank, and Alliant Credit Union offer great features, but which one is right for you? Read on to learn which student bank account is best. The right student bank account can be the key to a healthy financial future!
Alliant Credit Union
An Alliant Credit Union student bank account could be ideal for you if you’re a student. This institution is primarily an online bank with one physical location in Illinois. Alliant reimburses ATM fees up to $20 per statement. Its mobile app is easy to use, too. Those with limited time should consider a checking account with a low minimum balance.
Students can open a checking account at Alliant Credit Union to enjoy competitive rates and minimum balance requirements. The account offers many other benefits, including a free debit card, access to more than 80,000 surcharge-free ATMs, a $20 monthly out-of-network ATM fee reimbursement, and more. The Alliant mobile app also offers several convenient features for managing your account.
BB&T
If you are a student, a BB&T student bank account is probably the best option. As a bonus, BB&T doesn’t charge any monthly fees or minimum balance requirements, and you can even open an account without a direct deposit. A student bank account with BB&T comes with many convenient features, including free domestic and international wire transfers and debit cards.
Other features of a BB&T student checking account are its ability to accept online bill pay and fee-free wire transfers, which is useful if you receive regular payments from outside the United States. However, keep in mind that BB&T won’t offer student checking accounts forever, as they’ll convert them to regular accounts after you graduate or turn 24. This can be a disadvantage for some students, so carefully review the terms and conditions before committing to a bank.
U.S. Bank
The first is free checks, which can be used for payments, paying friends, or setting up direct deposits. The second benefit is avoiding paying a $15 monthly maintenance fee. All accounts are designed to be convenient and easy to manage, and many U.S. Bank branches offer ATMs. There are also many financial resources available at the bank.
The bank’s nationwide network of ATMs allows students to withdraw cash without incurring any fees. It’s also available 24 hours a day. There is no monthly maintenance fee, making it more convenient for students to bank at any time—lastly, a U.S.
