Helping students stay on top of their finances

Students can take control of their financial lives with Bank of America Advantage SafeBalance Banking® and our Mobile Banking app.

Get student banking with peace of mind

Bank of America Advantage SafeBalance Banking®

An account that fits into the way students live.

  • A monthly maintenance fee waiver for eligible students1 under 24
  • Helps students avoid spending more than they have — no overdraft fees
  • Checkless banking2 with flexible ways to pay using a debit card, digital wallet and mobile banking

The benefits add up

No overdraft fees with checkless banking2

No overdraft fees or non-sufficient funds fees. Plus, checkless banking that helps you stay within your balance.

$0 Liability Guarantee3

You’re not liable for unauthorized transactions made using your consumer debit card, as long as you report them promptly.

Easy Anytime Access4

Visit us at thousands of financial centers and ATMs or visit the mobile app for a quick chat with Erica®, your virtual financial assistant.

Mobile Banking app5

Conveniently and securely check balances, pay bills, transfer money, track spending and more — all from your tablet or smartphone.

Custom Alerts6

Know now and react fast to important account changes. You can set customer alerts via email or text for things like a low balance, a pending deposit, an upcoming bill and more.

Spending and Budgeting Tool7

See where you’re spending your money and get advice about saving.

the power of know-how

8 tips for getting the most out of your checking account

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Your bank account: 10 questions to ask

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Financial advice for students, with help from a former student

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Need more information? You can talk with a specialist.

1 Students under age 24 are eligible for a waiver of the monthly maintenance fee on certain accounts while enrolled in a high school, college, university or vocational program. Please refer to your Personal Schedule of Fees for details.

2 No paper check writing available with this account setting.

3 Notify us within a reasonable time of the unauthorized use or the loss or theft of your card, card number, or PIN. Certain restrictions apply. Consult your account documents for details.

4 The mobile feature, Erica, is only available in the English language. The feature requires that you download the latest version of the Mobile Banking app and is only available in the Mobile Banking app for select iOS and Android devices. Message and data rates may apply

5 Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply

6 You may elect to receive alerts via text or email. Bank of America does not charge for this service but your mobile carrier's message and data rates may apply. Delivery of alerts may be affected or delayed by your mobile carrier's coverage.

7 The Spending & Budgeting tool is currently available to clients with a personal checking or savings account, credit card, a linked Merrill investment account, as well as a Small Business checking or savings account.

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