How do I claim the Bank of America student bank account?

Open Advantage SafeBalance online or in-branch; select the student status so the age-based fee waiver applies.

How do students verify for the Bank of America student bank account?

Student verification — Fee waiver is age-based (under 25) with student enrollment; BofA verifies age/enrollment status. No .edu email requirement.

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Bank of America student bank account

Q: Does Bank of America have a student bank account?

Yes. Advantage SafeBalance: $4.95 monthly fee waived for enrolled students under 25

Finance & BankingDiscountsStudent verification

Yes — Bank of America waives the $4.95 monthly fee on Advantage SafeBalance for enrolled students under 25.

Advantage SafeBalance: $4.95 monthly fee waived for enrolled students under 25

How much: $4.95/mo fee waived while enrolled & under 25
How to claim: Open Advantage SafeBalance online or in-branch
select the student status so the age-based fee waiver applies
Verification: Student verification — Fee waiver is age-based (under 25) with student enrollment; BofA verifies age/enrollment status. No .edu email requirement.
Freshness: Verified Jul 8, 2026
Where: United States
Expires: No end date listed — ongoing

Verify your student status to claim →

Bank of America reserves this deal for verified students. Verifying with your school email is free and takes a moment — browsing everything else stays open.

The details

Bank of America Advantage SafeBalance Banking has a $4.95 monthly maintenance fee that is waived each statement cycle for account owners under age 25 who are enrolled in high school, college, university, or a vocational program (also waivable via $500 min daily balance or Preferred Rewards). $25 to open, no overdraft/NSF fees.

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Bank of America student bank account

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