If you expect to receive money transfers from your parents, consider a bank account that makes it easy to send money back and forth with no fees.
If you’re worried about overdrawing your checking account, for example, look for an account that offers automatic overdraft protection, and set up a linked savings account along with your checking account. Some online banks offer limited products, such as high-yield online savings accounts. But more online banks now offer a full range of banking services and products, including checking accounts, savings accounts, money market accounts, CDs, credit cards and mortgages. to see which may be the best fit for your banking needs as a college student. Whether they’re brick-and-mortar or online banks, many banks are offering more advanced features via their mobile apps.
Mobile apps are an essential way to interact with your bank, manage your bank account and deposit money, so spend some time exploring which bank offers the best mobile app for your needs. Some banks offer certain special benefits or bonus perks for having an account with them. For example: The Chase College Checking account offers a $100 cash reward for opening a new account with qualifying activities.
For example, you may want a student credit card that offers exclusive cash back rewards on everyday spending. If you’re studying abroad, you may benefit more from a card with no foreign transaction fees.
Bitcoin!
They need a side hustle to pay their tuition
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