A bank account can help a student in numerous ways. In addition to helping students learn to save, it can be especially useful if they are eligible for financial aid and loans. Plus, overseas students can easily receive money transfers from their parents. Most financial institutions offer student accounts with minimum fees and balance requirements, and the following are a few of the different bank accounts for students:

• Chase Bank College Checking Account : Of all the different bank accounts for students, this is considered to be one of the best choices. Students between the ages of 17-24 years are eligible to open this account, which is offered with a $100 sign up bonus, but it does not offer any interest. With 5,100 branches and 16,000 ATMs, students would be able to easily deposit and withdraw money from their accounts when needed. That said, a minimum fee of $2.50 is applicable for using non-Chase ATMs.
• Capital One 360 Money Account : Among the different bank accounts for students, this is the ideal choice for high school students. This is probably the only account available for teens and those under the age of 18. With no minimum deposit required, this account offers an interest of 0.20% APY. With little or no fees and maintenance charges, this bank account is perfect for students learning to save.
• PNC Virtual Wallet Student Account : Students mostly live on a shoestring budget, and this account can help them formulate a budget. Comprising three accounts, Spend – the primary checking account, Reserve – a checking account that offers interest, and Growth – a long-term savings account, it can help students prevent overspending and save for emergencies or future events. The 2,400 branches and 15,000 ATMs make it easy for students to conduct financial transactions when required.
• BB&T Student Checking Account : Of the different bank accounts for students, this one offers the most convenient services through a mobile app. Easy-to-use, the app can help students save, make payments, attach receipts, and connect with a personal banker when required. However, BB&T is only available in 15 states, so you’ll have to check whether it provides services in your state.
• HSBC USA International Student Account : Listed among the different bank accounts for students, this one is specifically for international students in the country. One of the main benefits of this account is that it can be linked to an HSBC account in a student’s country of origin. You can visit the bank branch or their website for information on how to open an account and the documents you would need to submit.

A bank account is not only essential during your student life but throughout your life. In addition to keeping your money safe, it can help you prevent overspending and help you achieve your financial goals.