Are you going to enrol in college or grad school soon? It would help you to have a solid financial foundation to excel in your studies. But what financial options do you have to support your schooling expenses?
Many banks and credit unions offer exclusive deals to help students with their financial needs. We are talking about waived fees, bonus cash, and sweet discounts to help you save in your academic career.
Are you ready to explore your financial potential as a student? Then, keep reading this blog post as we will explore five exclusive banks that offer them to students.
These banks offer great discounts and returns to put an extra $100 (or more!) in your pocket.
Why Must Students Avail of These Banking Offers?
University life brings many expenses, such as tuition, books, housing, and daily expenses. Some good banks know that students need financial help to cover their costs.
Bank offers are tailored to the student's lifestyle and budget. They provide fee waivers, account bonuses, discounted student loans and higher interest-saving rates. When, as a student, you take advantage when every dollar counts, these offers help in significant savings.
With these student offers, you can save money on banking costs and earn profit on your funds. These offers provide financial flexibility in school when needed, setting the stage for financial success after graduation.
Are you excited to learn about these exclusive bank offers for students? Let's explore now!
5 Exclusive Bank Offers for Students
Here are the five exclusive bank offers for students to meet their expenses during college or university;
1. TD Bank Convenience Checking
This checking account is designed specifically for students. It eliminates monthly service fees, helping you breathe a sigh of relief.
But wait, there's more! This bank understands students' struggle to find an in-network ATM, especially with busy schedules. That's why they reimburse out-of-network ATM fees and ensure you can easily access your cash without surprise charges.
If you want to open a student account with this bank, it's easy and takes a few minutes. So, ditch the monthly fees and enjoy the convenience of using this bank's checking account.
2. Discover Cashback Debit Account
If you want to earn money on your purchases, consider opening an account with this bank. Their debit card rewards you with cash back on any purchases.
Are you excited? Yes, it's true! Every swipe of your card will earn you a little extra cash. While it provides payback, there are no monthly maintenance fees, overdraft fees, or minimum balance requirements.
So, as a student, it is time for you to leave the traditional debit card and turn everyday spending into a money-making opportunity. Are you ready?
3. Wells Fargo Student Loan Discounts
Student loans are a reality. Almost every student is financially challenged and needs loans to continue his studies. However, high-interest rates are the major obstacle to getting bank loans.
Wells Fargo offers student loans with low-interest rates. If you qualify for the loan, you can shave the interest between 0.25% to 2%.
It is a tiny percentage, but when you keep the loans longer, this small percentage adds up and becomes significant.
4. Bank of America Preferred Rewards
Bank of America offers reward programs for students that provide tremendous benefits. To get those benefits, you have to sign up for a student account, and then you will automatically qualify for the gold tier rewards, which provide valuable benefits to students.
Students will get waived fees, a boost in savings account interest rates, And discounted student loan rates with this bank account.
The primary purpose of this account is that, as a student, you get more money back in your pocket, which helps you become financially successful during college.
5. Chase $100 New Account Bonus
College expenses can sometimes be unbearable. When opening a student account, you need a bank account with a cash bonus.
It is where Chase comes in, as this bank account offers a $100 cash bonus incentive when you open a student checking account and make an initial deposit.
This bonus is free money, and you can use it to pay for your textbooks, furnish your study room, and cover any other expected college costs.
Chase also provides discounts on student loans to its account holders, which is why this is one of the best student bank accounts.
The Takeaway: Reap the Rewards of Smart Banking
As you can see, banks don't only keep your money but also provide many benefits. You can save and earn extra cash by using these bank offers.
With these accounts that focus on students, you can deal with your educational financial challenges. Imagine not having to pay monthly maintenance fees, reduced student loan interest rates, and the chance to earn cashback on everyday purchases.
That's the reality that awaits you with the right student banking perks.