Most states don’t have specific student or senior banking plans, but they will have chequing and savings account that have no monthly fees, often with a minimum downpayment such as $100.00.  These are the accounts of choice for students, seniors and those of you that are just tired of paying too many bank fees.

Look for accounts that earn rewards monthly and offer at least 12 free debit card transactions per month.  An example of bank rewards on simple accounts could be:

• Cash back on debt card purchases
• Nationwide ATM fee refunds
• No charge e-Statements and on-line banking
• No minimum balance requirements to earn rewards