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what is the best place to start a bank account for 18 year olds?*
in order to start good credit and have low rates/ low annuals/ benefits/ minimum payment etc...
Answers:
1) I just got one at Bank of America and they have a pretty good deal there... if you are a student they will give you a Student account which means free checking for 5 years.
2) Bank of America especially if you are in college because they have this college account that you dont pay anything for checking,savings direct deposit nothing and you dont pay for your first overdraft...plus after a couple of months you will be eligible for this credit card that has a 0% apr as long as you pay your bill on time every month so the firtst time you pay late the rate goes up but if you never pay later you can spend whatever you want and pay back that same amount...plus the monthly payment is only like 15 dollars so its great for your credit
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