![]() ![]() There are no monthly fees or minimum balances, and teens also receive a fee-free debit card in their name. The Capital One MONEY Teen Checking account is an excellent option for students under the age of 18-in fact, account-holders can be as young as 8 years old. To help students find the right fit for their personal financial situation, we have compiled a list of the best student bank accounts, based on flexibility, convenience, and affordability. These accounts are generally available to anyone enrolled in school full-time, although some accounts are age-limited as well.īanking with the right institution can make a big difference to a busy student. ![]() Because students are still learning how to manage money and navigate their financial lives, these institutions may waive maintenance fees or minimum balances, offer free ATM withdrawals, or even provide budgeting apps or programs. Student bank accounts often have the same basic structure as the institution's typical offerings, with allowances for students' typically lower balances. Recognizing this, many financial institutions offer bank accounts specifically geared toward college students and, in some cases, high school students. ![]() Whatever their financial situation, college students can benefit from becoming bank account holders. ![]()
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