U.S. Bank Student Checking review

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Account essentials and no monthly maintenance fee for students.

finder.com’s rating: 3.5 / 5.0


Cost-conscious students who want the standard banking features of a traditional checking account will like the added savings of U.S. Bank’s Student Checking. But it’s limited to only 17 states.

$0 per month





Minimum deposit to open


Fee$0 per month
Minimum deposit to open$25
ATMs3,013 branches and 5,323 bilingual ATMs
ATM transaction fee$0
Out-of-network ATM fee$2.50 each after the first four every month
Non-U.S. Bank ATM owner fees may apply unless owner participates in the MoneyPass network
Overdraft fee$36
Nonsufficient funds fee$36

Review by

Julia Cameron is a writer and editor who has experience in finance, mergers and acquisitions, content marketing and immigration law. She has a passion for interior design and an affinity for Old Florida, where she lives with her family.

Expert review

U.S. Bank‘s Student Checking account is best for students looking for an account with no monthly fees.

But you’ll need to live in one of the 17 states where the Student Checking account is offered.

How do I open a U.S. Bank Student Checking account?

Signing up for your Student Checking account is fast and can be done online.

  1. Go to the provider’s site and follow the steps to apply.
  2. From the U.S Bank website, find your state and select your school from the dropdown menu.
  3. If you’re new to U.S. Bank, click Get Started. Otherwise, log in.
  4. Select whether you’re applying for an individual or joint account, then begin entering your personal information.
  5. Next, you’ll be asked for some financial info, including employment status and annual income.
  6. Verify the information you’ve entered, e-sign your documents and submit your application.
  7. If you’re approved, customize your options and follow the instructions to fund your account and set up online banking.


Applicants must meet the following requirements:

  • At least 18 years old
  • Legal US resident
  • Social Security number or tax ID
  • Valid driver’s license, state or military ID
  • Opening deposit of at least $25

Required information

During the application process, you’ll be asked to provide the following information:

  • Name, email address and phone number
  • Home address
  • Birthdate
  • Social Security number
  • ID number from a driver’s license, state ID or military ID
  • Employment status
  • Annual income

What are the benefits of a checking account with U.S. Bank?

U.S. Bank’s Student Checking account offers a Visa debit card, online and mobile banking, and free mobile check deposit. You’ll also get the following perks:
  • No monthly maintenance fees. Students won’t have to pay a fee to use this account.
  • No ATM fee. There’s no fee for the first four non-U.S. Bank ATM transactions per statement period.
  • Free checks. The first order of U.S. Bank Student Checking logo checks are free.

U.S. Bank‘s ATM network and fees

Use your U.S. Bank debit card at any of U.S. Bank’s 5,300 ATMs without paying a fee. And the bank doesn’t charge a fee for your first four transactions within the statement period made at non-U.S. Bank ATMs.

However, a fee from the ATM owner may apply — unless they participate in the MoneyPass network. Any transactions at non-U.S. Bank ATMs after your first four incur a $2.50 fee.

What should I look out for?

No account is perfect. With this one, keep an eye out for:
  • Paper statement fee. Unless you enroll in e-statements, you’ll be charged a monthly paper statement fee of $2.
  • Limited coverage area. New accounts are limited to residents of 17 states.
  • Miscellaneous fees. You’ll be charged a $19 fee for checks you deposit or cash from an account with insufficient funds. Stop payments incur a $25 fee.

If you prefer a student checking account available in more states, you’ll want to keep looking. As always, compare your options when choosing a checking account.

Compare with other student checking accounts

Name Product APY Minimum deposit to open ATMs Out-of-network ATM fee
Finder Rating: 4.6 / 5: ★★★★★
Copper is a digital checking account that teaches your teen healthy money habits through interactive quizzes and an intuitive mobile app.
Axos Bank First Checking
Finder Rating: 5 / 5: ★★★★★
Axos Bank First Checking
Made for teens ages 13 to 17, this account earns 0.25% APY and has no monthly fees.
Alliant Credit Union Free Teen Checking
Finder Rating: 4.2 / 5: ★★★★★
Alliant Credit Union Free Teen Checking
80,000 ATMs for free
No minimum or maximum balance and no monthly service fee.
Capital One MONEY
Finder Rating: 4.8 / 5: ★★★★★
Capital One MONEY
39,000+ Capital One and Allpoint ATMs nationwide
A teen checking account with zero fees.
Wells Fargo Teen Checking
Finder Rating: 4 / 5: ★★★★★
Wells Fargo Teen Checking
Everyday checking made easy. Open with $25.

Compare up to 4 providers

How do I deposit or withdraw my money?

With U.S. Bank’s online and mobile banking, accessing your funds and making deposits is simple. Or you can visit a branch office or ATM to make a deposit or withdrawal in person.

  • Online. Transfer money online between U.S. Bank accounts and external accounts.
  • App. Deposit checks in the app for free at any time.
  • Zelle. Use Zelle, found in your U.S. Bank app, to request or send money to friends for free.
  • ATM. Deposit funds or make a withdrawal at any of U.S. Bank’s 5,300 ATMs.
  • Branch office. Stop in at your local branch office to conduct business face to face.

What other checking options does U.S. Bank offer?

In addition to the Student Checking account, U.S. Bank offers the following checking accounts:

  • Platinum checking. Earn interest on the money in your U.S. Bank Platinum checking account.
  • Gold checking. Get the extra benefits that come with the Gold checking account when you have a credit card or loan with U.S. Bank.
  • Easy checking. This basic checking account comes with standard banking features and a monthly maintenance fee.
  • Safe debit account. Get many of the banking necessities — like a debit card, online and mobile banking, and mobile check deposit — without checks or overdraft fees.

Frequently asked questions

Checking account ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.

Read the full methodology of how we rate checking accounts.

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