College is a time of transition. Whether you are fresh out of high school or are returning to the classroom after taking a break for your family/career, it’s definitely safe to say that it does not go without some lifestyle change. The average American college student moves to a dorm and has to get used to living with new people. Sure, it’s a fun time—it’s a really fun time—but it’s not always easy. Pretty soon, these students start to realize that being on their own is kind of challenging. Mom used to the laundry, but now they realize they have to save the quarters to get it done. And for those that move to an apartment, what about rent? What about making sure your have your roommate’s half?
Above are just a few examples about how money can affect a college student from the get-go. SunTrust Bank offers some great options for student checking accounts that can put you (and your student) at peace. And one of the biggest perks—if you have certain private loans through SunTrust, stay tuned. You might reap an even greater reward.
With a SunTrust college checking account, you can have easy access to your money with online banking. What if you’re on the go a lot? Don’t worry. Mobile banking is easy to use as well. You will get theft protection, which is either priced at a small fee or included in your package, as well as unlimited check card usage with no monthly fee—perfect for those daily Starbucks runs before your 8am class. Your first order of SunTrust-exclusive checkbooks is on the house. You can also work with your parents to set up an overdraft protection plan, and figure out how to handle direct deposits as well as online check reorders.
With a minimum deposit of $100, you can well on your way to SunTrust happiness. But what about that loan incentive?
Back to that—with a SunTrust Custom Choice Loan, you are eligible to have 0.25% taken from your interest rate simply by having a SunTrust bank account. To qualify, you must set up automatic payments from your account to be taken out every month. Doing this makes you look like “less of a risk,” so in return, SunTrust gives you this nice little reward. With affordable interest rates, excellent customer service, and manageable monthly payments, it seems SunTrust would be an excellent choice when seeking out a private loan provider.