Move to the head of the class with a checking account that fits your lifestyle.
Between studying and socializing, there's not a lot of time left for managing your money. But our Student Checking account makes it easy to do your banking on-the-go. Perfect for students 14-26 years of age1, this account allows you to use any ATM without a service charge from us, and rebates surcharges from the operators of non-BankFive ATMs up to $10 per statement cycle2. Whether you're a busy high-school student, or attending college in Massachusetts, Rhode Island, or across state lines, this is a flexible account that can go with you anywhere!
Helping you ace Personal Finance 101:
- No monthly maintenance fee or minimum balance requirement
- No in-branch service fees or per-check charges
- Includes a VISA® debit card3 with cash back rewards
- Free credit monitoring4 within online banking and the BankFive mobile app
- Free ATM transactions2
- Send money to anyone with Zelle®4
- Transfer money between your BankFive accounts and those at other banks4
- Free eStatements5
- Access your paycheck up to 2 days early6
Students 18 and up can open an account online or in-branch. Those under 18 must apply with a parent or legal guardian in-branch.
1 On 27th birthday, account automatically changes to eAccess Checking, subject to the terms and conditions, terms of service, and fees of that account.
2 Free at all BankFive ATMs. Other banks may impose a surcharge for use of their ATMs, however, BankFive will reimburse incurred ATM fees up to $10 per statement cycle for Student Checking accounts.
3 Students under 18 may receive a debit card only when a parent or legal guardian is a joint owner on the account.
4Credit building and monitoring tools, Zelle, and External Transfers are available in Online Banking and BankFive mobile app to students 18+
5 eStatements are free. Paper statements are available upon request for $1 per month.
6With Early Deposit. Not all deposits are eligible. Eligible deposits are limited to direct deposits of payroll, pension, or government benefit payments. Deposits from checks, mobile deposits, or person-to-person payment services like Zelle, Venmo, or PayPal are not eligible for Early Deposit.
