Although students don't always have much spare cash during their school days, having a bank account is essential. However, many standard accounts tack on fees that could eat away at the balance. This.
If a bank has multiple types of checking or savings accounts, different ones will probably come with different fees. Often, a more robust account charges a higher fee. A basic checking account may charge $5 per month, while a rewards checking account may charge $12 per month, for instance.
How to avoid a monthly maintenance fee
Most banks make it possible to waive monthly maintenance fees.
In many cases, you ll need to maintain a certain balance. You could waive the fee if you keep a minimum daily balance or an average daily balance over the course of the month.
Some checking accounts