Where should I open my checking account?

This is a simple table to compare checking accounts from various banks. A lot of banks have special offers and accounts for higher school or college students so definitely take advantage if you are still eligible. Online banks such as Simple are a great option if you want low or no fees and can handle not being able to withdraw or deposit cash at a physical location.

NameMin. BalanceInterest RateFee
Www.bankofamerica
Bank of America Core Checking

A standard checking account that is free for students under the age of 23

$25

0%

$12 per mo

Www.bankofamerica
Bank of America Interest Checking

A checking account that earns interest for those with higher balances

$100

0.01%

$25 per mo

Www.chase
Chase High School/College Checking

Checking accounts designed for high school and college students

$25

0%

$6 per mo

Www.chase
Chase Total Checking

Your standard checking account

$25

0%

$12 per mo

Www.wellsfargo
Wells Fargo Everyday Checking

Your standard checking account with a $5/month discount if are 17-24 yrs old

$25

0%

Www.wellsfargo
Wells Fargo Preferred Checking

A checking account that earns interest for those with higher balances

$25

0.01%

$15 per mo

Simple
Simple

Completely free online bank designed with easy of use and saving money in mind

$0

0%

Free


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