If you're 13 to 25, reduce banking costs to almost nil with Libro's Go Free account. Save even more by going paperless.
Apply By Phone
1-800-361-8222
Annual Interest Rate
0.25%
Paperless Statements
Yes
Transaction Fees
limited
Monthly Fee
Yes
Deposit Insurance
Yes
Account Opening Bonus
-
Overdraft Protection
-
This is for people who just use a checking account to pay some bills and perhaps use a debit card to pay some daily expenses. Some basic accounts require direct deposit or a minimum balance to avoid monthly “maintenance” fees. You may be limited to a certain number of checks per month; exceed that number and you’ll pay a “per item” fee for each additional check you write. You don’t want to maintain a high balance in these accounts because you won’t be paid interest.