Go to chase, tell them you are a college student for the next 4 years. You will get free checking and savings and a rewards debit card for $20 a year. But you have to make the transaction as credit to get the points. Also no direct deposit.where does one go for a FREE (i really mean free) checking account and/or possibly savings account?
which major banks offer this service?
im just looking for an account to put some of my cash in since i live with thieves and keeping all my money in cash isnt working out.
most banks don't pay you to use them, they profit off of your business and any interest they pay is actually a loss because when you put a dollar in and one year later you get a dollar five out but you can buy less with that dollar five than you could have the previous year with your dollar you have actually been taxed-
I know they don't literally pay you to use them, but we have Santander offering £100 to switch current accounts with them and also Natwest that give students a 5 year railcard worth about £25 a year etc. Profit from interest is at a loss currently yeah cos inflation in the UK is about 5% and interest is much much less than this, but this is obviously not always the case. What I'm trying to understand is why US banks would charge you to use them? They obviously want your business so why charge? They make there money through inter-bank lending and the investment side of the banks.