How to Send Money Online to Bank Account

The Top 7 Bank Accounts for Students in the USA

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When it comes to opening a bank account, students look for minimum fees, account flexibility and accessibility. Despite the many available options, not all student bank accounts cover these basics.

As a student, you're better off choosing checking or savings accounts. These accounts can help you increase your bankroll and minimize any charges on funds transfers. We've put together a list of the best bank accounts for students in the USA to help you make the right decision.

Checking accounts - Chase

Chase College Checking Accounts are available to students with ages between 17 and 24. By opening an account at Chase you can claim a $100 bonus. This free checking account does not bear any interest and doesn't require a minimum balance. You won't pay an administration fee and can check your account deposit remotely. You can use the bank's ATMs for free.

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Checking accounts - USAA

USAA's College Checking accounts are available to military students or students who have a relative who's served in the army. By opening an account with USAA you can benefit from various rewards. You won't pay any maintenance fees and won't need to cover a minimum balance. The minimum account opening deposit is in the $25 range. You can make online payments or check your balance online.

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Checking accounts - Bank of America

The Core Checking account offered by Bank of America is available to students who are at most 24 years old. The bank doesn't charge any monthly account maintenance fees and doesn't require any minimum balance. To avoid overdraft fees such as $35 per each item over $1 you should always have funds available in your account. If you use a non-Bank of America ATM, you'll pay a fee of about $2.5.

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Checking accounts - US Bank

The student checking account offered by U.S. Bank is highly flexible and offers various benefits to new clients. The bank doesn't charge account maintenance fees and there's no minimum deposit required. However, you'll need to pay an opening account fee. You can check your account through the online banking system and make online payments.

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Savings Accounts - Synchrony Bank

Synchrony Bank offers students high-yield savings account with increased interest rates of over 2%. Opening the account is free of charge, and you won't have to make any minimum deposit. Also, there's no minimum balance required. You can make online payments and withdraw funds through the bank's ATMs, online or by phone.

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Savings Accounts - Capital One 360

The 360 Savings account offered by Capital One provides different online services and tools to help you achieve your savings objective. You'll benefit from a 1% interest rate and won't be charged with any account maintenance fees. The bank's My Savings Goal tool helps you track your account and you can open multiple accounts for specific objectives.

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Savings Accounts - Ally Savings Account

The online savings account offered by Ally Bank don't require any minimum balance and don't charge account maintenance fees. You can open the account online and benefit from a high-interest rate in the 1.90% range which is compounded on a daily basis. Also, you can easily make online money transfers and payments.

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How to Send Money Online to Bank Account

Source: https://www.bloglines.com/article/the-top-bank-accounts-for-students-in-the-usa?utm_content=params%3Ao%3D740010%26ad%3DdirN%26qo%3DserpIndex

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