Advertiser Disclosure

College Students and Recent Grads

7 Financial Must-Dos for College Students

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.


MagnifyMoney’s financial back-to-school checklist for college students

1. Understand your student loans

Ensure you know if your loan is federal or private and understand the difference

Don’t take out loans for discretionary spending. Each $100 you take out can cost you $170+ over your lifetime.

2. Set up a budget

Spend a month tracking all your spending to understand how much money you have coming in vs going out.

Set up a budget outline to keep yourself from spending more than you have coming in.

3. Switch to an Internet-only bank

Avoid bank fees eating up your hard-earned money by switching to an Internet-only bank – many have no ATM or overdraft fees.

4. Have a little wiggle room? Pay yourself first

If you can put even $2 a month into a savings account, get into the habit now. Having the foundation of saving will serve you well in the future.

5. Build a strong credit history

Use your four years in college as preparation for your post-graduation financial health. Begin establishing your credit history so it’s easier to rent an apartment, buy a house or get a car loan after graduation.

6. Consider a credit card

A credit card is a simple way to build your credit history, but you must use it responsibly.

Make a small purchase or two each month and pay your bill on time and in full

7. Parents, send your student an allowance without any bank fees

If you’re kind enough to send your student an allowance, consider using an account that avoids overdraft fees and ATM fees.

Details for all these tips can be found below.

Handling Student Loans

We know that times have changed, and college is much more expensive now than before. You used to be able to get a side job to pay for your education. But we still think you should get a side job – to pay for your living expenses.

There is a big temptation to use loan proceeds to fund a lot of your discretionary spending, including nights out, vacations and some luxury items. But, be careful. Every $100 you spend could end up costing you almost $170 or more over your lifetime (3.86% interest rate over 30 years).

Although $100 may not seem like a lot, it will translate into hours of your working life to pay it back. So, take that side job and keep your debt load as low as possible. You will thank yourself later.

When deciding on loans, we recommend seeking federal loans and maxing out those options before taking on any private loans. Here’s why:

  • Federal loans are at fixed interest rates while private are variable (some up to 18%)
  • Some private loans can require repayment while you’re still in school
  • Federal loans could include income-based repayment plans or student loan forgiveness while private loans typically don’t.
  • Private loans are not subsidized
    • Undergraduate students who qualify for subsidized loans will have their interest paid by the government while they’re still in school

Find an extensive break down of federal vs. private student loans here.

Learn how to budget (seriously, just do it)

It’s a tale as old as time, and usually elicits eye rolls, but budgeting is essential to financial health.

There are various ways to budget your money. Some track each and every penny, while others focus on saving money, paying off bills and then evaluating how much is left to spend for the month.

Regardless of your preferred method, you need to have a solid grasp on how much money you have coming in each month and perhaps more importantly, how much is leaving your bank account.

There are various apps and online products you can use to track your spending including and Prosper Daily.

If you seem to be constantly low on money – or heaven forbid a serial overdraft offender – then commit to spending a month tracking each penny you spend so you can spot the leaks in your budget and plug them up.

Consider automating your savings and at least some of your bills, so you don’t have to take the time to do it manually. Don’t forget that one missed credit card payment does major damage to your credit score.

Switch to an Internet-only bank

As a student, you most likely will have a low balance in your checking account. Your goal is to avoid monthly fees, ATM fees and the overdraft trap.

The best way to avoid all of these fees and traps is to open an account with a branch-free (Internet-only) bank. Most Internet banks charge no monthly fee and have no minimum deposit requirement.

Even better, some Internet banks (like Ally and Bank of the Internet USA’s Rewards Checking) give you free, unlimited use of any ATM in the country. They won’t charge you a fee for using an ATM, and will reimburse any fee charged by the other bank. Ally reimburses at the end of every month, and Bank of the Internet reimburses the next business day.

Overdrafts can become incredibly expensive very quickly.

Making mistakes at large banks (like Bank of America) can cost you up to $140 per day. Fortunately, online banks can drastically reduce the cost. Ally will charge a maximum of $9 per day. Bank of the Internet USA and Simple have no overdraft fees and no returned payment fees.

There are two limitations to Internet banks: depositing cash and check posting times. If you need to deposit a lot of cash, Internet banks are less convenient. You can buy a money order at a grocery store, post office, WalMart, or convenience store to deposit cash into an online account.

If you have a check to deposit, you can now use your mobile phone. At Ally Bank, you can deposit up to $25,000 per day. And at Bank of the Internet USA you can deposit $10,000 per day. However (and especially during the first month), the hold can be longer than depositing at a branch.

As a digital native, you probably get paid electronically, you use Venmo to pay friends and you rarely visit a bank branch. To make banking free, use an Internet bank and never think about fees again.

You can see our list of online fee free accounts here.

Pay yourself first and set up a savings account

From Ramsey to Orman to Chatzky, personal finance experts everywhere are unified in one piece of advice: save money.

The schools of thought on how to save may vary, but college students should get in the habit of embracing the mantra “pay yourself first.”

Instead of seeing how much money is left at the end of the month, you should always save a percentage of each paycheck. Even if that percentage is 0.5 and all you can afford to tuck away is two dollars a paycheck, it’s about developing the habit now.

Your savings should also be squirreled away in a savings account, not kept in your checking account. Setting up a savings account is simple. You can look into doing one with your current bank, but we recommend using an Internet-only bank. Why?

1) No minimum deposit with an Internet-only bank like Ally. You can open up a savings account with your two dollars a month. Bank of America would require you put down at least $25.

2) They have higher interest rates. Ally offers 0.87% while Bank of America will dish over a whopping 0.01%. It might not sound like much, but it can make a big difference in the long run.

If your job pays you in cash, then you may be stuck with a traditional bank. You can deposit a check with your smartphone (or a computer scanner) for Internet-only banks, but depositing cash with your smartphone…well, that’s not an app for that.

Read more here to learn about the steps of paying yourself first.

Build a strong credit score and report

Credit scores are part of your “real world report card.” The constant grading doesn’t stop once you’ve left school. Lenders determine if you’re a responsible borrower by viewing your credit scores and credit report. And it isn’t just credit card companies and loan officers checking them out.

Looking for an apartment? Your landlord will want to run a credit check. Applying for a new job? Your future employer could give your credit report a review.

It takes diligence, responsibility and the right tools to build a strong credit score, but first you have to establish credit history. Unfortunately, you do need a debt tool (ie: a loan or credit card) in order to begin establishing credit history. However, with a properly used credit card, you should never be in consumer debt.

Five factors determine your FICO score:

Payment history (35%): do you make payments on time? Missed payments can crush your credit score quickly.

Amounts owed (30%): the more debt you have, the lower your score. But even more important than the total amount you owe, is the amount you owe in relation to your total credit limit – which is called utilization. If you max out every card you have, you will get punished.

Length of credit history (15%): the longer you’ve had credit, the better. This is one reason to establish credit history in college instead of waiting until after graduation.

New credit (10%): this looks at how many new accounts you have opened, and many times you have applied for credit.

Types of credit used (10%): the more types of credit you have, the better. So, someone who has successfully managed a car loan, a mortgage and a credit card would score better than someone who just managed a credit card successfully.

If you’ve taken out a student loan, in your name, for school then you’ve already established one type of credit being used. Add a responsibly used credit card on top, and you’re easily improving your score.

Just remember: one missed payment can annihilate a great credit score.   

Get a credit card

College students are in a unique position to use credit cards to their advantage.

Yes, credit cards can be used to accumulate debt, but the savvy student will use swiping plastic as an opportunity to establish a healthy credit history.

However, part of owning a credit card is being responsible. Not everyone is ready to handle the adult task of only charging what he or she can afford and paying the bill on time and in full each month.

Know yourself. If credit card bills would get lost in a haze of class projects, thesis papers, keggers and football games, then don’t apply for one.

Avoiding credit card debt in college is one key to financial success post-graduation.

A student who incurs $4,000 of credit card debt at a 21% interest rate (low for a student card) and pays only the minimum due, will take 26.5 years to pay off the debt. Even worse, he or she will spend $10,554 in interest alone!

Use our calculator to see how much credit card debt could cost you.

How to send money to your student without incurring overdrafts

Are you a parent sending your child off to college and being nice enough to send them money? The last thing you want is for that money to be eaten up by monthly fees and overdraft expenses.

There are some great, new options out there to send money to your children at school.

If your son or daughter opens an Internet account (like Ally Bank or Axos Bank), then you can send funds to them via PopMoney. If you are more comfortable with Venmo, then Simple is a great online banking option.

All of these accounts have no fees, including no overdraft fees and unlimited free ATM withdrawals.

Another interesting option, if you are not comfortable using PopMoney or Venmo is Bluebird, by American Express. You can find the Bluebird cards at Wal-Mart and get two cards on one account: one for you and one for your child. You can then put money onto the card at any Wal-Mart. And the account has no minimum balance requirements, no fees and no overdraft fees. Your child will be able to use the card anywhere American Express is available. The only cost is for a withdrawal at an ATM, which is $2 (when you use a MoneyPass ATM). ATM withdrawals are free if you have a direct deposit onto the account, which you child should do if they have a job. Bluebird is like any other bank account (you can write checks, pay bills online, etc), just without the fees.

We often hear from parents who are frustrated by the overdraft fees (typically $35 each) and monthly fees (could be $10 or more per month) that eat into allowances and hard-earned money. The good news: with a bit of forward planning, you can virtually eliminate all of those fees.

Got questions? Get in touch via TwitterFacebook or email ([email protected]

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Erin Lowry
Erin Lowry |

Erin Lowry is a writer at MagnifyMoney. You can email Erin at [email protected]


Private Student Loan

Need a student loan?

Apply in as little as 3 minutes or less with College AVE.


Advertiser Disclosure

College Students and Recent Grads

CommonBond Student Loan Review: Pros and Cons

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

CommonBond Student Loan

If you’re seeking a private student loan for your first or second degree, it’s hard to go wrong with CommonBond. The online lender’s interest rates, customer service and repayment flexibility beat many competitors — if you meet its sometimes restrictive eligibility criteria.

Of course, the operative question is whether CommonBond is the best provider for your loan. Let’s review the company to find out.

CommonBond student loans in a nutshell

CommonBond offers in-school financing for just about every type of borrower except for parents (although it does offer Parent PLUS refinancing if you want to lower your federal loan rates down the road).

Whether you’re an undergraduate, graduate, MBA student, dental student or medical student, you can check your potential interest rate without affecting your credit. In fact, you’ll just need to input your school name and degree type as well as your income (and your cosigner’s) and credit score before possible rates display.

Image credit: CommonBond – Individual results may vary

If you decide to proceed with a formal loan application — you can apply on any device — here’s what you can expect from CommonBond student loans:

  • No application, origination or prepayment fees (MBA, dental and medical loans carry a 2% origination fee)
  • Fixed and variable interest rates
  • Option to borrow from $2,000 to up to 100% of your school’s cost of attendance
  • Repayment terms of 5, 10 and 15 years available for undergraduates and terms of up to 20 years for dental and medical students
  • 4 in-school repayment options, including full deferment
  • 6-month grace period
  • A 0.25% discount for enrolling in autopay
  • Option to apply to pause your payments for up to 12 months of forbearance
  • Ability to release your cosigner after 2 years of timely payments

The highlights of CommonBond student loans

A competitive interest rate is a key feature when comparing lenders. CommonBond not only features relatively low fixed and variable rates, but it also provides discounted rates to borrowers who make automatic payments (0.25% reduction) and begin repayment while enrolled in school (discount varies). If you qualify for an 8.03% rate, for example, you might reduce it to 7.30%, saving you at least hundreds of dollars of interest in repayment.

Aside from attractive rates, here are other highlights of CommonBond loans:

Receive a free ‘Money Mentor’

If you and your cosigner want some assistance with the college financial aid process, you might welcome the free support provided by CommonBond. The online company pairs you with a Money Mentor — a trained college student who’s been there, done that and is ready to answer your questions over text.

“We make sure to empathize with students — going to and paying for college is a really stressful and emotional time,” Money Mentor CEO Kelly Peeler told Student Loan Hero. “Not only is it confusing figuring out how loans are, it’s also overwhelming doing that while trying to find housing, pick out classes and live with new people.”

If you have questions that are specific to CommonBond, the lender’s customer service team is also available over the phone and live chat on weekdays until 8 p.m. EST.

As for other unique perks of borrowing from CommonBond, MBA students could participate in CommonBond’s New York-based internship program and take part in the company’s summer workshop series.

Rest easy with repayment protections

Although it falls well short of federal student loan’s safeguards, CommonBond’s private loans come with a safety net. If your finances are in trouble after leaving school, you could request to postpone your monthly payments via forbearance. CommonBond awards up to 12 months of forbearance during your repayment.

In addition, dental students can defer repayment until after completing their residency, while medical students could limit their monthly payments to $100 during residency programs, including internships, fellowships and research.

Give back to other students

You might not feel great about borrowing student loans, but CommonBond delivers a silver lining. When a new customer takes out a loan, the lender funds the education of a child in a developing country, such as Ghana.

CommonBond claimed on its website to have raised over $1 million and built more than 470 schools through its work with the nonprofit Pencils of Promise.

The fine print of CommonBond student loans

CommonBond, which also refinances graduates’ student loans, is able to award decreased rates and increased perks, in part, because it’s more choosy than your average lender. It doesn’t lend to every student.

The strict eligibility criteria could leave you looking elsewhere, either because you’re ineligible or want to avoid a hassle.

Here’s what to keep in mind if you’re considering CommonBond:

A cosigner could be required

Many lenders request undergraduate student loans to bring a cosigner aboard because teens and 20-somethings usually have thin credit histories. A parent or someone else could help them qualify or receive a lower interest rate.

If you’re a creditworthy undergraduate or graduate student, however, you might bristle at the fact that CommonBond requires you to recruit a cosigner. For its part, CommonBond doesn’t require a cosigner if you’re an MBA, dental or medical school student, though.

If you don’t fall into one of these categories and want to try to qualify on your own, compare rates at lenders like Earnest that don’t require a cosigner.

There are other narrow eligibility requirements

Attaching a cosigner to your application (in the case of undergraduate and graduate students) isn’t the only hard-and-fast rule among CommonBond’s eligibility criteria.

The online-only lender cherry-picks its borrowers in other ways, too. Fortunately, if you don’t meet one or more of these criteria, you could probably find another, more accessible lender.

 CommonBond criteriaCompetitor to compare
Residency statusMust be a citizen or permanent residentProdigy Finance works with international students
Enrollment statusMust be currently enrolled at least half timeCollege Ave lends to part-time students
Credit scoreMust have a score of 660 and upCitizens Bank’s credit score requirement starts lower, at 620

Are CommonBond student loans right for you?

With competitive interest rates, responsive customer support and more repayment protections than your average private lender, CommonBond is worth considering for students of all levels. That doesn’t mean it serves all students equally.

Without cosigner requirements, MBA, dental and medical students seem to benefit most from CommonBond loans. Included are benefits like internship and career resources for MBA students and a residency deferment for dental and medical residents.

Of course, even if you have the cosigner or credit score to qualify, you might find a better student loan elsewhere. To set yourself up for a successful borrowing and repayment experience, compare CommonBond with other highly-rated private student loan companies listed on our site.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Andrew Pentis
Andrew Pentis |

Andrew Pentis is a writer at MagnifyMoney. You can email Andrew here

Advertiser Disclosure

College Students and Recent Grads

Top Checking Accounts for College Grads

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

For many college students, their default banking option while in school is a student checking account, which is typically free. Unfortunately, when you graduate you lose those benefits. Many student checking accounts will begin to charge you monthly maintenance fees unless you meet certain requirements.

So, where do you go from there?

Few young adults would turn to their parents for fashion or dating advice and, yet, one of the most common ways we’ve found young people choose their bank account is by going with whichever bank their parents already use. This could be a bigger faux pas than stealing your dad’s old pair of parachute pants.

The bank your parents use may carry fees or have requirements that don’t meet your lifestyle or budget, and make accounts expensive to use.

But where do you even begin to choose the right checking account?

When you’re nearing graduation, start planning your bank transition.

Many banks send a letter in the mail a few months prior to your expected graduation date informing you that your student checking account is going transition to a non-student account. If you’re not careful and you disregard the letter, you may be transitioned into an account that charges a fee if you don’t meet certain requirements.

You can always call the bank and ask to switch to a different account or you can choose a new account that offers more benefits, like interest and ATM fee refunds.

Account Name

Minimum Monthly Balance

Amount to Open

ATM Fee Refunds


Simple$0$0None2.02% - 2.15% depending on balance
Aspiration Spend and Save Account$0$50Unlimited1.00% APY
Discover Bank$0$0NoneNone, but 1% cash back on up to $3,000 debit card purchases per month
Ally Bank$0$0Up to $10 per statement cycle 0.10% to 0.50% APY depending on balance
Consumers Credit Union (IL) Free Rewards Checking$0$0Unlimited ATM reimbursements5.09% on balances up to $10,000,
0.20% APY on balances between $10,000 and $25,000 and 0.10% APY on balances over $25,000
La Capitol Federal Credit Union Choice Plus Checking$0(if less than $1,000, there is a $8 fee)$50Up to $25 per month4.25% APY on balances up to $3,000 2.00% APY on balances $3,000-$10,000 and 0.10% on balances over $10,000
Boeing Employees Credit Union Member Advantage Checking$0$0Up to $6 per month4.07% APY on balances up to $500, 0.05% APY on balances over $500
TAB Bank Kasasa Cash Rewards Checking$0$0Up to $15 in ATM fees reimbursed4.00% APY (applies to balances up to $50,000)

The 5 key things you should look for in a checking account

When you’re shopping around for a new checking account, there are several things you should look for to ensure you’re getting the most value from your account:

  1. A $0 monthly fee: Sometimes banks may say they don’t charge a monthly fee but read the fine print — they may require a minimum monthly balance in order to avoid it. There are plenty of free checking accounts available for you to open, so there’s no reason to stay stuck with an account that charges a monthly fee. Take note, as some accounts may require you to meet certain criteria to maintain a free account like using a debit card, enrolling in eStatements or maintaining a minimum daily balance.
  2. No minimum daily balance: Accounts without minimum daily balances mean you can have a $0 balance at any given time. This may allow you to have a free account without meeting balance requirements — although other terms may apply to maintain a free account.
  3. Annual Percentage Yield: APY is the total amount of interest you will earn on balances in your account. Opening an account that earns you interest on your balance is an easy way to be rewarded for money that would typically sit without earning anything. You should definitely aim to earn a decent APY on your savings account.
  4. ATM fee refunds: You may not be able to access an in-network ATM at all times, so accounts providing ATM fee refunds can reimburse you for ATM fees you may incur while using out-of-network ATMs. Those $3 or $5 charges add up!
  5. No or low overdraft fees: Most banks charge you an overdraft fee of around $35 if you spend more money than you have available in your account. Therefore, it’s a good idea to choose an account that has no or low overdraft fees.

Top overall checking accounts for college grads

For the top overall checking accounts, we chose accounts that have no monthly service fees, no ATM fees, refunds for ATM fees from other banks, interest earned on your deposited balances and with strong mobile banking apps. While there is no all-inclusive account that contains every benefit, the accounts below are sure to provide value whether you want a high interest rate, unlimited ATM fee refunds or 24/7 live customer support.

1. Simple

Cash management app Simple acts as a hybrid checking and savings account with a generous APY and no fees. It features unlimited transfers between your checking account and Protected Goals account, as well as high APYs ranging from 2.02% on balances under $10,000 to a whopping 2.15% on balances over $10,000. Simple also provides fee-free access to 40,000 ATMs – although it doesn’t rebate ATM fees you might incur from machines outside its vast network. With built-in budgeting tools integrated into its app, Simple is a strong contender for the best checking account for college grads.


on Simple’s secure website

2. Aspiration Spend and Save Account

The Aspiration Spend and Save Account offers a wide range of benefits for account holders and has few fees. The $50 amount to open is fairly low, and once you open your account there is no minimum monthly balance to maintain. Aspiration gives you up to five free ATM withdrawals per month.

As the account name suggests, there are two sides to the account: a spending sub-account and a savings sub-account. The spending side yields no interest, while the savings side earns 1.00% APY. To earn this APY, you must deposit at least $1,000 in the combined account monthly, or maintain a balance of $10,000.


on Aspiration’s secure website

3. Discover Cashback Debit

Cracking our list for the best checking accounts for college graduates is Discover Bank, which takes a unique approach to checking account rewards. Instead of offering an APY on deposit balances, Discover opts for cash back as an incentive to get consumers to sign up for its checking product. The Discover Cashback Debit account offers up to 1% cash back on $3,000 of debit card transactions per month. That coupled with its zero fees and free access to 60,000 ATMs nationwide make it one of the best checking accounts for college graduates.


Discover Bank's website is secure

Member FDIC

4. Ally Bank

Online bank Ally Bank offers a solid checking account with minimal fees, decent APYs and other attractive perks. Its Interest Checking account charges no monthly maintenance fees and provides free access to Allpoint ATMs nationwide, as well as a $10 reimbursement per statement cycle for any other ATMs fees incurred. Ally Bank’s APY isn’t too shabby, either: You can earn an APY of 0.50% with a $15,000 minimum balance. Other cool features include its Ally Skill for Amazon Alexa, which enables you to transfer money with just your voice.


Member FDIC

Top high-yield checking accounts for college grads

Since most checking accounts offer little to no interest, high-yield checking accounts are a great way for you to maximize the money that typically would just sit in your account without earning interest. These accounts often offer interest rates that fluctuate depending on how much money you have in the account. However, in order to earn interest, there are some requirements that you may have to meet such as making a certain number of debit card transactions and enrolling in eStatements.

1. Consumers Credit Union (IL) Free Rewards Checking

The Consumers Credit Union (IL) Free Rewards Checking account is just that: Rewarding. It offers a tier-based APY, which includes a 5.09% APY on balances up to $10,000, 0.20% APY on balances between $10,000 and $25,000 and 0.10% APY on balances over $25,000. In order to earn the highest APY, you must complete at least 12 signature-based debit purchases, receive at least one direct deposit, ACH debit, or pay one bill through their free bill payment system, log into your online banking account and be signed up for eStatements and spend $1,000 or more with a Consumers Credit Union Visa credit card each month. This account has no fees and offers unlimited ATM reimbursements if requirements are met.


on Consumers Credit Union (IL)’s secure website

NCUA Insured

2. La Capitol Federal Credit Union Choice Plus Checking

This checking account has a $2 monthly service fee, which can easily be waived if you enroll in eStatements.

While the terms state a minimum balance requirement of $1,000 and a low balance fee of $8, the fee can be waived if you make 15 or more posted non-ATM debit card transactions per month.

To earn the top interest rate on your checking balance, you just need to make at least 15 or more posted non-ATM debit card transactions per month. There are numerous surcharge-free La Capitol ATMs for you to use, and after signing up for eStatements you can receive up to $25 per month in ATM fee refunds when you use out-of-network ATMs.


on La Capitol Federal Credit Union’s secure website

NCUA Insured

3. Boeing Employees Credit Union Member Advantage Checking

Contrary to its name, anyone can join the Boeing Employees Credit Union – however, to do so, you must join the Northwest Credit Union Foundation’s “Friends of the Foundation,” which has a $20 membership fee. That $20 fee could be well worth it, though, if you take advantage of the credit union’s Member Advantage Checking account. This account has a generous 4.07% APY on balances up to $500, as long as you open BECU Member Checking and Savings accounts, sign up to receive eStatements and make at least one transaction a month. There are no monthly service fees, and the Member Advantage Checking account offers $6 per month in ATM fee reimbursements.


on BECU (Boeing Employees Credit Union)’s secure website

NCUA Insured

4. TAB Bank Kasasa Cash Rewards Checking Account

Based in Ogden, UT, TAB Bank’s Kasasa Cash Checking account is a great choice for recent graduates. You can earn a very competitive 4.00% APY by meeting a few simple requirements: Have at least one direct deposit, ACH payment, or bill pay transaction posted to the account during each billing cycle and make at least 15 debit card purchases of $5 or more. Even better, the bank will reimburse up to $15 in ATM fees per month from making withdrawals outside their ATM network.


on TAB Bank’s secure website

Member FDIC

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

James Ellis
James Ellis |

James Ellis is a writer at MagnifyMoney. You can email James here