Student Debt and Credit Education Blog

Current events and opinions about student credit issues

 

10 Reasons Why My Checking Account Beats Yours

Posted in Financial Information by Little Miss Platinum

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.

  1. I hate ATM fees so I never pay them.
  2. I hate to pay for a checking account so I don’t have to.
  3. I hate paying for checks; I don’t do that.
  4. I hate to keep a minimum balance, I don’t bother.
  5. I hate to worry about where my bank is if I move.
  6. I love free ATM Debit cards.
  7. I love to earn interest on the money in my checking account.
  8. I love to make free online payments for things.
  9. I love to be able to get direct deposit from my employer.
  10. 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

  • Your FDIC-insured Deposits Earn Interest – Your everyday money shouldn’t cost you, it should help you save too.
  • Comes With FREE Stuff:
    • Free MasterCard® Debit Card for all purchases
    • Free Online Bill Pay
    • Free ATM access at over 35,000 locations through the Allpointâ„¢ network
    • Free postage – they’ll mail your paper checks for you
  • Impress Your Friends – Show ‘em how cool you are. Securely email them an Electric Check. Free of course.
  • Learn More

E-Trade Financial MAX-RATE Checking

  • No ATM FEES at any machine, any bank, anywhere nationwide via unlimited ATM fee refunds
  • FREE, one-click transfers to and from any institution
  • Advanced Features
    • Unlimited check writing
    • Online check and deposit image
    • Free online bill pay and advanced reporting.
  • Learn More

If you are a scholarship point collector try CHECKBABY for 10 points at www.ScholarshipPoints.com.

Reblog this post [with Zemanta]

5 Most Recent Student Credit Card Blog Posts:

The Student Credit Blog is sponsored in part by:


46 Responses to “10 Reasons Why My Checking Account Beats Yours”

« Older Comments
  1. andrea says on February 1, 2009 at 2:48 pm:

    I have a checkings acount and the only thing different between ours is mine has to have a minimum balance…i hate it.

    Reply To This Comment
  2. meg says on February 4, 2009 at 9:56 pm:

    i dont have a checking account yet

    Reply To This Comment
  3. Jaz says on February 6, 2009 at 9:28 pm:

    I’m wishing I had this!

    Reply To This Comment
  4. Lindsey says on February 9, 2009 at 5:23 pm:

    I wouldn’t be able to drive my car without my checking account! I love love love it

    Reply To This Comment
  5. Alyssa says on February 18, 2009 at 10:24 pm:

    I don’t have one yet, but I can bet why people like them.

    Reply To This Comment
  6. Ryan says on February 23, 2009 at 9:45 am:

    I hate Overdrafts,

    Reply To This Comment
  7. Rachel says on February 26, 2009 at 4:08 pm:

    I just open mine and its okay for now.
    I don’t like credit cards.

    Reply To This Comment
  8. zee says on March 5, 2009 at 12:03 am:

    i’m glad I have these features :)

    Reply To This Comment
  9. Mike At that isb says on March 6, 2009 at 4:49 am:

    I have a student checking account. Do ya’ll know what that is?

    Reply To This Comment
  10. Brian says on March 15, 2009 at 12:24 pm:

    I love my checking account~great information

    Reply To This Comment
  11. Danny says on March 15, 2009 at 5:44 pm:

    I am satisfied with the account I have but thanks for the info.

    Reply To This Comment
  12. Brittani says on March 26, 2009 at 11:04 am:

    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.

    Reply To This Comment
  13. Brittani says on March 26, 2009 at 11:04 am:

    *benefits

    Reply To This Comment
  14. Mariah says on March 27, 2009 at 9:58 pm:

    No checking account yet but I will be getting one soon. Thanks for the information!

    Reply To This Comment
  15. Jamael Graves says on April 15, 2009 at 10:41 pm:

    This is formation is well need to all students that have a banking account or savings.

    Reply To This Comment
  16. Kristin says on May 5, 2009 at 9:17 pm:

    I have a checking and I love being independent.

    Reply To This Comment
  17. erika says on May 7, 2009 at 6:46 pm:

    i dont have a checking account

    Reply To This Comment
  18. Briana says on May 15, 2009 at 11:32 am:

    Findina a good bank can be difficult. Thanks for the tips.

    Reply To This Comment
  19. Sarah says on June 10, 2009 at 2:16 am:

    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.

    Reply To This Comment
  20. Meagan L. says on July 20, 2009 at 3:06 pm:

    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. :(

    Reply To This Comment
  21. Meagan L. says on July 20, 2009 at 3:08 pm:

    THANKS A LOT FOR THE TIPS!!!

    Reply To This Comment
« Older Comments

Leave a Reply