Welcome! It looks like you're new here. Be sure to subscribe to my RSS feed so you don't miss a thing! Thanks for visiting!

Do you remember what the fine print on the checking account you signed up for 4 years ago during Freshman orientation said? No? Of course not. And, believe it or not, not all banks remind students that their free accounts are about to change to fee-bearing accounts – often times with minimum balance requirements to boot — after graduation.

To help jog your memory as to exactly what was in the fine print, FiLife compliled a list of bank policies from most major institutions for your assistance. If your bank is on the list to start charging you fees, do some further research. Some banks will waive the fees if you set up direct deposit of your paychecks, or maintain a minimum balance. If your bank still won’t waive fees, find a local bank that will and either switch, or call your current bank’s customer service and threaten (to a supervisor) that you’re about to switch; I bet they’ll waive the fees to keep you around.

“How to Avoid Student Checking Account Heartbreak” [FiLife]
 (image by audreyassad)

Technorati Tags: college, graduation, checking account, banks, student checking, personal finance