Will my college student need a local bank account?

[Anonymous]

Anonymous wrote:

Anonymous wrote:He needs a bank that lets him make fee free atm withdrawals and does not do overdraft. Ally and CapitolOne360 are good ones with low or no monthly fees.

This is my bank too, I can use Allpoint ATMs, capital one banks or debit for cash. I deposit checks via phone.

Our credit union uses Allport also, and they are at all 7-11s.

[Anonymous]

Anonymous wrote:Mine didn't and generally have been fine with debit cards and things like Venmo. Most of what they buy can be done electronically so ATM fees are less of a consideration than in the past.

This is how our kid handled it.