How to Bank for Students
Banking offers the convenience of not having to handle large sums of money, thereby
minimizing the chances of theft.
There are a number of bank accounts and financial plans that
are specifically designed for students.
Today,...
More
How to Bank for Students
Banking offers the convenience of not having to handle large sums of money, thereby
minimizing the chances of theft.
There are a number of bank accounts and financial plans that
are specifically designed for students.
Today, students handle allowances that take care of all
their financial requirements and if judiciously saved, could save them from debt in the future too.
It is essential for students to select the right bank.
How to select the right bank for students
1.
Services offered
It is essential to opt for a bank that meets your specific requirements and serves you efficiently.
2.
Convenience
Before selecting a bank, you should check the location, working hours and your accessibility.
3.
Insured federally
Always look for a bank that is insured.
The Federal Deposit Insurance Corporation or FDCI
insures most banks.
It indicates that even if the bank goes bankrupt, you would get your money
back, up to $100,000.
4.
Bank fees
There are bank fees a
Less
