US Bank markets its Student Checking as, “The smart, easy way to manage your money,” but does it make the grade? Read on for its smart and easy features, as well as our take on the US Bank Student Checking account.
*See the best Student Checking Accounts compared
Current Promotions?
Sign-up bonuses aren’t typically available for the Student Checking account from U.S. Bank. They do have promotions for their regular consumer Checking products but those are usually targeted via direct mail or email. Otherwise, public offers are typically just seasonal. See all current offers from US Bank here. Compare this account to the Chase College CheckingSM account if you’re looking or an option with great features and a sign-up bonus.
The Requirements
- Must be a student enrolled in high school, technical college, trade school or university.
- $25 opening deposit – can be funded with a credit or debit card, including a parent’s card.
- Parent co-owner, if you’re younger than 18.
About The US Bank Student Checking Account
No Monthly Maintenance Fee & No Minimum Balance
Ever! There is nothing you need to do to keep these features.
Wide Network + MoneyPass Network ATMs
Not only do you have access to over 3,000 branches and over 5,300 ATMs, transactions made within the network of 24,000 MoneyPass ATMs nationwide are free of charge.
First 4 Non-US Bank ATM Transactions Waived
Per monthly billing cycle. Please note, ATM operators usually charge a fee of their own – $2 or more per transaction.
Online Banking & Mobile App
Pretty much any banking transaction you might need to complete can be done with US Bank’s Online Banking and Mobile App – check your balance, pay back a friend, and deposit a check, all from your laptop or smartphone.
Money Tips for Students
US Bank offers plenty of tips for managing money, paying for college, building your credit and keeping your money safe. You can role play real-life scenarios and practice making important financial decisions, without having to live it out the hard way.
Free First Box of Checks
Writing checks might seem like a thing of the past, but you never know when there might come a time when you need to submit one. The first box is free, so why not?
Customer Service
Customer service is readily available 24/7 by phone, email and social media.
Overdraft Fees
US Bank charges a hefty $36 per transaction for overdrafts of more than $5, up to four times a day, for both paid and returned items.
No Interest
As with many other student checking accounts, the US Bank Student Checking does not yield any interest.
The Fees
| Usage | Fee | Notes |
| Monthly Maintenance | $0 | Always! |
| Non-US Bank ATM (domestic) | $2.50 | Per transaction. First 4 are per monthly billing cycle are waived. |
| Non-US Bank ATM (international) | $2.50 | Per transaction, plus 3%. |
| Debit Card Foreign Transaction | 2%/3% | USD/foreign currency |
| Overdraft (NSF) | $36 | For paid or returned items over $5, max 4 items per day. |
| Extended Overdrawn Balance | $25 | If your balance is in the red for 8 consecutive days, plus $25 weekly until your account is back in the black. |
| Debit Card Cash Advance | $2 | |
| Paper Statement | $2 | Per monthly billing cycle. E-statements are free. |
| Replacement Card (Express) | $25 | 2-3 business days. |
Bottom Line
A definite highlight for the US Bank Student Checking is convenience – convenient to access thousands of physical branches and ATMs, convenient to reach customer service, and convenient remote banking via its online banking and mobile app.
There’s no minimum balance, no monthly maintenance fee, fee-free non-US Bank ATM transactions for the first 4 transactions each billing cycle, and free money tips…all great perks for students.
But be careful, you have to watch out for those overdraft fees. They can add up quickly!
- PSECU Teen Banking Bonus – Get $100 for Learning to Bank Smart [PA] – Ends 12/31/25
- Chase College Checking℠ Coupon: $100 Bonus Offer – Ends 7/16/2025
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READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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