Student Checking Research Paper

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Welcome to Student Checking 101. This class meets blah, blah, blah. During the first day and you hear the same opening lines. Well, we listened to the opening lines with regard to student checking accounts. Margarette Burnette wrote an article recently for Bankrate.com titled “Student checking accounts: How to find the best bank”. She gave 5 tips to look for when selecting an account and we are going to type them for you 1 by 1, then show you what our VIP Checking Account has. 1) Low-to-Minimum Balance Students don’t usually have a regular source of income so it’s important to make sure your balances can go low without penalty, says Ken Cyree, a professor at the University of Mississippi. 2) Free Checks and Debit Cards Look at fees associated with things like out-of-network ATM withdrawals and …show more content…

According to Margarette NSF fees or Non-Sufficient Funds fees which average over $33. 4) Online and Mobile Banking features Features that make it easier to bank with your busy schedule and less likely to be near physically close to a branch. It is also important when/if you go home for the summer and branch is not in your immediate area. Transfer money, track spending, deposit checks, and monitor balances all at your fingertips. 5) Proximity and Convenience This contradicts number four it would seem but who do you turn to if you lose your smartphone or pc? What if you need a debit card replaced? Don’t rule this one out when you make a selection. So you learned 5 things from Margarette. More information can be found at Bankrate. Now look at the chalkboard and see what we have to offer with our VIP Student Checking Account. We covered the 5 tips Margarette wanted you to look at plus some. Thank you for taking Student Checking 101. If you opened a VIP Checking Account you probably were aware you get an A+. Some information courtesy of

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