Student bank accounts, credit cards, taxes and car insurance
Students can avoid monthly bank fees entirely: Chase, Bank of America, Wells Fargo and U.S. Bank all waive checking fees for younger students. For taxes, FreeTaxUSA, H&R Block and TurboTax all have free filing options that work for many students. And if you drive, most major insurers give a good-student discount for strong grades.
Checking accounts with no monthly fee
- Chase$175 bonus + $4.95/mo fee waived (age 17-24)
$175 bonus + no monthly fee for college students (Chase Secure Banking / College offer)
- Bank of America$4.95/mo fee waived while enrolled & under 25
Advantage SafeBalance: $4.95 monthly fee waived for enrolled students under 25
- Wells Fargo$5/mo fee waived (age 13-24)
Clear Access Banking: no $5 monthly fee for account owners 13-24
- U.S. BankMonthly maintenance fee waived (age 18-24)
Student/young adult checking: monthly maintenance fee waived for ages 18-24
- Capital One$0 fees (no monthly/overdraft/minimum)
MONEY Teen Checking: fully fee-free account + debit card for teens/students
Chase
Bank of America
Wells Fargo
U.S. Bank
Capital OneStudent credit cards
Built for building credit. Pay the full balance every month — interest wipes out any rewards.
- DiscoverFirst-year Cashback Match + 5% rotating categories
Discover it Student Cash Back: 5% rotating categories + first-year Cashback Match
- DiscoverFirst-year Cashback Match + 2% gas/dining
Discover it Student Chrome: 2% gas & restaurants + first-year Cashback Match
- Capital One$100 bonus (spend $300 in 3 mo) + 3% categories
Savor Student: $100 bonus + 3% on dining, entertainment, groceries & streaming
- Capital One$100 bonus (spend $300 in 3 mo) + 1.5% flat
Quicksilver Student: $100 bonus + unlimited 1.5% cash back
- Bank of America$200 bonus after $1,000 spend in 90 days + 3% category
Customized Cash Rewards for Students: $200 bonus + choose-your-3% category
- Bank of America$200 bonus after $1,000 spend in 90 days + 2% first year
Unlimited Cash Rewards for Students: $200 bonus + flat cash back
- Bank of America25,000 pts (~$250) after $1,000 spend in 90 days
Travel Rewards for Students: 25,000-point (~$250) bonus, no annual fee
DiscoverFree tax filing
Simple returns (like a part-time job plus education credits) often qualify for free filing.
- FreeTaxUSA$0 federal (any complexity); state $15.99
100% free federal filing (incl. education credits); state $15.99
- H&R Block$0 federal + state (simple returns)
H&R Block Free Online: $0 federal + state for simple returns, supports education credits
- TurboTax$0 federal + $0 state (simple returns only)
TurboTax Free Edition: $0 federal + $0 state for simple returns (many students qualify)
- TurboTax~20% off paid TurboTax tiers
TurboTax student discount (~20%) via a student-verification platform for paid tiers
FreeTaxUSA
H&R Block
TurboTaxGood-student car insurance discounts
Usually requires a B average or 3.0 GPA; the discount size varies by insurer and state.
- State FarmUp to 25% off
Good Student car insurance discount up to 25% for students with a 3.0+ GPA
- AllstateUp to ~22% off
Good Student car insurance discount up to ~22% with a lenient 2.7 GPA rule
- Nationwide~15-17% off (average)
Good Student car insurance discount (~15-17% avg) for B-average students
- GEICOUp to 15% off certain coverages
Good Student car insurance discount up to 15% for full-time students with good grades
- Farmers~13% off
Good Student car insurance discount (~13%) for students with a 3.0+ GPA
- Progressive~5-8% off (average ~7.5%)
Good Student car insurance discount (~7% avg) for students on a parent's policy
- Liberty MutualUndisclosed % (varies by state)
Good Student car insurance discount for full-time students with a B average
State Farm
Nationwide
GEICO
Farmers
Progressive
Liberty MutualQuestions
- What's a good-student discount?
- A car insurance discount for students with strong grades — typically a B average or 3.0 GPA. You'll usually need to send a report card or transcript to your insurer.
Each deal shows the date we last verified it. Prices and terms are set by each brand and can change, so confirm the details on the brand's site before you buy. How we make money.