Comments on: I'm going to college in a few months and planning on getting a job what kind of bank account should I open? http://www.biznewsvine.org/im-going-to-college-in-a-few-months-and-planning-on-getting-a-job-what-kind-of-bank-account-should-i-open/ Thu, 09 Sep 2010 09:36:53 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Joel http://www.biznewsvine.org/im-going-to-college-in-a-few-months-and-planning-on-getting-a-job-what-kind-of-bank-account-should-i-open/comment-page-1/#comment-2554 Joel Sun, 28 Feb 2010 19:15:44 +0000 http://www.biznewsvine.org/im-going-to-college-in-a-few-months-and-planning-on-getting-a-job-what-kind-of-bank-account-should-i-open/#comment-2554 Ask for a student checking account. Almost all banks offer a free checking account specifically designed for students. Write this down. Make sure the account has no minimum balance requirements and no monthly maintenance charges. Many banks will offer a free checking account, but require you to use online bill pay or set-up direct deposit, so make certain the account is truly free, no stipulations attached. As a Branch Manager, most students run into trouble with overdrawing their accounts, which result in large amounts of overdraft charges. So, until you gain more experience balancing a checkbook, ask the new accounts representative about overdraft protection. Best of luck! Ask for a student checking account. Almost all banks offer a free checking account specifically designed for students.

Write this down. Make sure the account has no minimum balance requirements and no monthly maintenance charges. Many banks will offer a free checking account, but require you to use online bill pay or set-up direct deposit, so make certain the account is truly free, no stipulations attached.

As a Branch Manager, most students run into trouble with overdrawing their accounts, which result in large amounts of overdraft charges. So, until you gain more experience balancing a checkbook, ask the new accounts representative about overdraft protection.

Best of luck!

]]> By: src50 http://www.biznewsvine.org/im-going-to-college-in-a-few-months-and-planning-on-getting-a-job-what-kind-of-bank-account-should-i-open/comment-page-1/#comment-2555 src50 Sun, 28 Feb 2010 19:15:44 +0000 http://www.biznewsvine.org/im-going-to-college-in-a-few-months-and-planning-on-getting-a-job-what-kind-of-bank-account-should-i-open/#comment-2555 Checking account to start. Do yourself a big favor right now: read the book "Personal Finance For Dummies." Its a great reference for someone in your shoes. Checking account to start. Do yourself a big favor right now: read the book "Personal Finance For Dummies." Its a great reference for someone in your shoes.

]]> By: Yahoo Answers User http://www.biznewsvine.org/im-going-to-college-in-a-few-months-and-planning-on-getting-a-job-what-kind-of-bank-account-should-i-open/comment-page-1/#comment-2556 Yahoo Answers User Sun, 28 Feb 2010 19:15:44 +0000 http://www.biznewsvine.org/im-going-to-college-in-a-few-months-and-planning-on-getting-a-job-what-kind-of-bank-account-should-i-open/#comment-2556 Get a checking account with no monthly service fees. Wamu has one, I think B of A has one for college students called Campus Edge. Other banks such as Wells Fargo have no fee checking accounts if you set up direct deposit. Get a debit card to make paying for stuff easy and you won't have to carry around cash. Also, use the check register to keep track of how much money you have! And check your activity online every day or so! Overdrawing your account is expensive!! Get a checking account with no monthly service fees. Wamu has one, I think B of A has one for college students called Campus Edge. Other banks such as Wells Fargo have no fee checking accounts if you set up direct deposit.

Get a debit card to make paying for stuff easy and you won’t have to carry around cash. Also, use the check register to keep track of how much money you have! And check your activity online every day or so! Overdrawing your account is expensive!!

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