How do you prove you are a student at Bank of America?
Government issued ID such as a passport or driver’s license. A second form of ID such as a Social Security Card or credit or debit card from another US bank. Proof of student status, such as valid student ID, transcript or acceptance letter.
Does Bank of America have fee waivers?
When you maintain a combined balance of at least $10,000 or more each statement cycle on your Bank of America Advantage Relationship Banking® account, the monthly maintenance fee is waived. Combined balances include: The average daily balance in eligible linked checking and savings accounts for the statement cycle.
Does Bank of America offer special accounts for students?
Bank of America has two types of checking accounts suitable for most students: the BofA Advantage SafeBalance Banking checking account and the Advantage Plus Banking checking account.
Does Bank of America offer student checking accounts?
Bank of America does not provide a specific checking account labeled for students. Rather, the student checking options from Bank of America are: Advantage SafeBalance. Advantage Plus.
What documents are needed to open a student bank account?
Required Documents for SBI Student Bank Account
- A duly filled in application form.
- Passport of the applicant.
- Aadhaar Card.
- Election Voter ID.
- Photocopy of the Identity card issued by the college.
- Recent passport size photographs.
Does Bank of America have student loans?
Bank of America doesn’t offer student loans. But you can take out private student loans from other banks, as well as credit unions and online lenders. Before borrowing any private student loan, exhaust your federal options first by completing the Free Application for Federal Student Aid, or FAFSA.
Why is Bank of America charging me a maintenance fee?
Why Do Banks Charge Monthly Fees? Not all banks charge a monthly fee. Monthly maintenance fees charged by banks cover any costs associated with maintaining your account, including operating costs and add-ons, such as overdraft protection, out-of-network ATM coverage, early direct deposit, and other perks.
Why does BOA charge a monthly maintenance fee?
To be fair, checking programs are expensive to maintain for banks. And more banks started charging monthly maintenance fees to customers who didn’t maintain a minimum daily balance.
Does Bank of America have any promotions?
Bank of America Advantage Plus Banking® – $100 Bonus Offer
Open a new Bank of America Advantage Banking account. Use offer code DDX100CIS when opening the checking account. Set up and receive $1,000 or more within 90 days of account opening. Receive the $100 bonus within 60 days after completing all requirements.
Is Bank of America free for students?
Students under age 24 are eligible for a waiver on the monthly maintenance fee while enrolled in a high school or in a college, university or vocational program. Please refer to your Personal Schedule of Fees for details and other ways to avoid the monthly maintenance fee.
How do I get a debit card at 15?
A child can typically get a debit card at 13 when a parent or legal guardian opens a joint teen checking account on their behalf. Teen checking accounts are typically available until the child turns 18.