My first bank account

[Sestar]

Ok so I am 16, have about 350$ stashed, and am getting a job, I would like a bank account. So I need a bank that A)Provides low monthly payments, B) Has like a 50 or 100$ minimum balance C) Has no ATM fees D) Lets you write unlimited checks(aka checking account). I would prefer an offline account as then I can use those ATM's and not have to pay that banks fees. I would also like a bank that allows for those under 18 to get an account(with parent guardianship or whatever). Please advise, thanks 🙂

 

[crypticlogin]

Why don't you shoot out a list of banks in your area since you want ATM access without fees? I'd bet some of those banks' customers can give you an idea of what to expect.

 

[Sestar]

Wells Fargo, washington mutual, etrade, B of A is all I remember.

 

[Logix]

WaMu 🙂

 

[Mungla]

If you're a full time student, some banks will provide you with a free checking account; that's how it is around here anyways. I have a free checking account with no minimum balance, online account management, Visa debit card, ex.. Without the Visa, I wouldn't be able to survive. It works online, at the gas station, anywhere.

 

[crypticlogin]

Sorry, none of those in my neck of the woods so I couldn't tell you jack. 🙁 But more than likely, you'll probably be looking at some kind of student account which basically has those features you want. I don't know about the check writing and the minimum balance *might* be a little higher (~$300?), but otherwise, most banks should have some kind of starter account.

 

[CStroman]

I use USBank. I have no monthly payments, no minimum balance, no ATM fees for USBank ATMs (not a problem, because they're common), unlimited amount of checks (but I just use my checkcard for everything), and online banking. It's a joint checking account with my mom, because I'm 16, but my name is the only one on the checks.