That shouldn’t be a problem, since most college students are primarily looking for their checking accounts to provide multiple easy payment solutions, and are very likely to carry minimal balances anyway. No Interest EarningsĬhase Student Checking is not an interest-bearing account. However, Chase does charge a small fee ($2.50) for use of the card at non-Chase ATMs, and advises you may also be subject to an additional fee by the ATM owner.Ĭhase strongly recommends restricting card use to Chase ATMs only. There is no fee for using the debit card at Chase ATMs or bank branches. ATM Access at Thousands of LocationsĬhase Student Checking provides a Chase debit card giving you access to more than 16,000 Chase ATM machines, as well as 5,100 Chase bank branches. It doesn’t give you the ability to carry an ongoing negative balance.īut if you need to pay a bill or make a purchase, and there isn’t enough money in your account to cover it, you’ll have some breathing room to make a deposit and avoid overdraft fees.īe aware that check deposits usually won’t qualify, since there is often a hold on the funds extending to at least the next business day or longer. Using Chase QuickPay with Zelle to receive funds before 10:00 PM Eastern time.At an ATM or when using the Transfer Money option on or Chase Mobile before 11:00 PM, Eastern time.If you sign up for overdraft protection and extend the coverage to debit card transactions, Chase Student Checking will waive overdraft fees if you make a deposit in your account by the following cutoff times: Most banks will simply not honor a debit card transaction if your account has insufficient funds. Overdraft Protection for Debit Card Transactions Learn what happens to student checking accounts after graduation. Chase may not have presence at all college campuses.Access to large number of ATMs nationwide.The first option will be easy enough to manage, and you’ll probably have little trouble setting up the second option after five years.Ĭhase Student Checking Account Pros & Cons Pros You maintain an average ending daily balance of $5,000 or more in the account.You receive a monthly direct deposit from either ACH credit, payroll, pension or government benefits, or.The fee is $0 for up to 5 years while you are in college (up to age 24), or. ![]() No-Fee Checking for College StudentsĬhase Student Checking provides students with three ways to avoid paying the regular $6 monthly service fee: In this Chase Student Checking Account review, we'll compare rates, fees, and services to other national and online banks. The account is available for students between the ages of 17 and 24.įind out all the detail about this popular student checking account and compare it to similar offerings to see if it is the right one for you. They combine a high level of account access with no monthly fee for student enrolled in college. Comprehensive Coverage Options Ways to Lock in Lower Homeowners Insurance Premiums How to Choose the Right Life Insurance Policy Compare the Different Types of Health Insurance Plans Popular Reviews Progressive GEICO State Farm AIG AllstateĪs one of the nation’s largest banks, with thousands of ATMs across the country, Chase Student Checking offers an excellent package for college students. Banking Best Products Best Savings Accounts Best Checking Accounts Best CD Rates Best Money Market Accounts Best Business Checking Accounts Best Student Checking Accounts Calculate Checking Accounts 101 Emergency Savings Calculator Compare CD Rates Checking Accounts Personal Loans Best Products Best Personal Loans Best Debt Consolidation Loans Best Home Improvement Loans Best Medical Expenses Loans Calculators & Guides Personal Loans Calculator Guide to Personal Loans Guide to Refinancing Student Loans How to Consolidate Credit Card Debt Popular Reviews Upstart Payoff Sofi Lending Club Investing Best Products Where to Invest Money Best Brokerages Best Robo Advisors Read & Learn Investing 101 How to Buy First Stock How to Invest in Mutual Funds How to Pick a Financial Advisor How Much to Save for Retirement Popular Reviews Betterment Merill Edge Wealthfront Insurance Best Products Best Auto Insurance Best Home Insurance Best Life Insurance Best Health Insurance Read & Learn Figure Out How Much Auto Coverage You Need Collision vs.
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