12.30.08 | 10 Reasons Why My Checking Account Beats Yours
Got your own checking account? If so, do you love it or just feel it’s a necessary part of becoming an adult? I love mine and let me tell you why.
- I hate ATM fees so I never pay them.
- I hate to pay for a checking account so I don’t have to.
- I hate paying for checks; I don’t do that.
- I hate to keep a minimum balance, I don’t bother.
- I hate to worry about where my bank is if I move.
- I love free ATM Debit cards.
- I love to earn interest on the money in my checking account.
- I love to make free online payments for things.
- I love to be able to get direct deposit from my employer.
- I love free online banking so I can manage my money from home.
Are you feeling checking account envy? Don’t because there are banks out there which offer students all of this and more. If you don’t have a checking account- get one! When you apply for loans you will be asked if you have one and they help boost your credit score.
Consider opening a new checking account ASAP to save money at ATMs and make money on your balance. If you already have a checking account, switching is easy. Just open the new one for free and keep the old one open for a little while. Gradually start depositing and paying bills from the new one so there is a smooth transition.
Below are the best options to start 2009 with a smarter checking account.
ING Electric Orange Checking
|
E-Trade Financial MAX-RATE Checking
|
If you are a scholarship point collector try CHECKBABY for 10 points at www.ScholarshipPoints.com.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=08732c0a-c3c8-4c65-b4e1-f1707322e8f2)
The Student Credit Blog is sponsored in part by:
Credit Card Guy is the greatest. He has our back ha ha. I hate ATM fees, they are way out of control. If I can get a checking account than reimburses me I’m all over it like a spider monkey.
December 30th, 2008 | #
i have a checking account and i love it too
December 30th, 2008 | #
I have this checking account and I love it!
December 30th, 2008 | #
I have a checking account and I love it too.
December 30th, 2008 | #
i dont have a checkings account yet
December 30th, 2008 | #
Couldn’t live without mine…
December 30th, 2008 | #
I have a checking account and I love it. But the first time you mess up, you’re definitely going to be paying for it.
December 30th, 2008 | #
I have checking account too, and i think it is the good thing to have!
December 31st, 2008 | #
I love desert schools but I never use an atm
December 31st, 2008 | #
I love my checking account also, especially for direct deposit. I move a lot and it saves me a lot of hassle.
December 31st, 2008 | #
We have military banking through my grandfather’s service.
December 31st, 2008 | #
I LOVE MY CHECKING ACCOUNT WITH USAA THEY HAVE GREAT RATES AND ITS ALL ONLINE I CAN MANAGE EVERYTHING FROM HOME. bEST PART IS THEY REFUND ALL MY ATM FEES
December 31st, 2008 | #
I also have USAA- they’re free, have awesome interest rates, free debit card issued, free checks as often as I need them, I can pay bills online, manage my accounts online, transfer money from checking to savings, and back again for free- there is no minimum balance on either my checking or savings accounts. If I accidentally overdraw my account, it will automatically pull from either my savings or from my credit card to prevent a fee. I can call them for financial advice for free any time I want, from how to save more to how to invest. I also can have direct deposits from an employer or other source. ATM fees are always refunded. My absolute favorite thing is that I can electronically and safely deposit checks from home right into my account- it takes minutes, opposed to sending a deposit slip in the mail! I <3 USAA. Oh, and did I mention that they have great insurance rates too?? My car and rental insurance is also through them!
December 31st, 2008 | #
do they really automatically refound the atms or is like any other bank that they tell u that and wont do it if you dont ask for it?
January 5th, 2009 | #
I love my Checking Account.. Its perfect!!
January 6th, 2009 | #
I love my checking account. I got it after I got my first job and I’ve been trying to save up money. However, it is my check card that I dislike; it’s too easy to spend money without thinking about it!
January 7th, 2009 | #
this is very insightful. I personally love my checking account
January 8th, 2009 | #
Having a check card is a good thing when the bank is closed, you still have access to your money without having to use cash.
January 9th, 2009 | #
I have a checking account and it is amazing!
January 10th, 2009 | #
A check card/debit card is a good thing if you know how to manage it and are responsible with it. You have to know what your doing. There are all types of hidden catches.
January 12th, 2009 | #
My checking account gives free checks, no atm fees-ever….4% interest monthly on any money I do have in there. No fees of anykind and it is a local bacnk.
January 17th, 2009 | #
i just opened a checking account
January 18th, 2009 | #
i just opened one
January 18th, 2009 | #
i love my checing also
January 21st, 2009 | #
Great!
January 27th, 2009 | #
I have a checkings acount and the only thing different between ours is mine has to have a minimum balance…i hate it.
February 1st, 2009 | #
i dont have a checking account yet
February 4th, 2009 | #
I’m wishing I had this!
February 6th, 2009 | #
I wouldn’t be able to drive my car without my checking account! I love love love it
February 9th, 2009 | #
I don’t have one yet, but I can bet why people like them.
February 18th, 2009 | #
I hate Overdrafts,
February 23rd, 2009 | #
I just open mine and its okay for now.
I don’t like credit cards.
February 26th, 2009 | #
i’m glad I have these features
March 5th, 2009 | #
I have a student checking account. Do ya’ll know what that is?
March 6th, 2009 | #
I love my checking account~great information
March 15th, 2009 | #
I am satisfied with the account I have but thanks for the info.
March 15th, 2009 | #
These accounts sound great but are they really safe? You know FDIC doesn’t mean anything anymore. Once the depression hits not everyone will get their “promised” money back. I’m all for getting one of these for the perks of a debit card and maybe a little interest but my advice (grant it, I’m no proffesional) would be to keep a reasonable amount of cash out of the banks and in a fire safe box and only use the system for the benifits.
March 26th, 2009 | #
*benefits
March 26th, 2009 | #
No checking account yet but I will be getting one soon. Thanks for the information!
March 27th, 2009 | #
This is formation is well need to all students that have a banking account or savings.
April 15th, 2009 | #
I have a checking and I love being independent.
May 5th, 2009 | #
i dont have a checking account
May 7th, 2009 | #
Findina a good bank can be difficult. Thanks for the tips.
May 15th, 2009 | #
ATM fees- UUUUUGH! I can’t say how much that irritates me. How those seemingly small fees add up fast. Eat away at the savings and just drive me nuts.
June 10th, 2009 | #
Having an account is fun but although I am still under 18 it’s still difficult. Plus saving up money for college does limit me to my spending.
July 20th, 2009 | #
THANKS A LOT FOR THE TIPS!!!
July 20th, 2009 | #