Internet-based banks, such as NetBank, allow students to set up a checking account from their parents' home with just an e-mail account and a driver's license. Students arrive at college with pre-printed checks, as well as an ATM, debit or credit card.
According to a survey by NetBank, nearly 92 percent of students said they arrive at college with their own computer and 87 percent are able to connect to the Internet from their dorm or apartment without any problems. Of those respondents, 50 percent use online bill-paying services, compared to 28 percent of the general banking population.
"Today's college students represent a new wave of bank customers who will never set foot in a bank branch," said Jerry McCoy, chief marketing executive for NetBank. "They recognize that banking online is more convenient to their lifestyle and allows them to focus on more important tasks such as schoolwork and extracurricular activities."
Internet bank accounts provide additional convenience to students, such as NetBank's free, unlimited access to online bill pay, which eliminates the monthly exercise of writing and mailing checks. It's an easy way to ensure students don't forget to make a payment or don't get hit with a late fee during busy times like mid-term exams and homecoming week celebrations.
Students can also earn more interest and pay fewer fees, because an Internet bank doesn't need to cover the costs associated with running a local branch.
A NetBank account is as mobile as today's students. No matter where life takes them - a semester abroad, summer vacation, first job - there's no need to switch banks.
More Post
New Medicines Available To Treat Rare Diseases
Music now we learn also on-line
Give A Heart Necklace This Holiday
Cure your Baldness & Alopecia the Natural Way (Chinese Herbs)
Teach Courses Online
Facts About Spirulina- Worlds Most Powerful Food
School Fundraiser Niche - Valentines Day
Hair Loss: Cosmetic Solutions For Good Cover Up
Dating Blindly
Sun Tanning Protects The Skin
Thay Call It "Dog Breath" For A Reason
Using Magnets To Fight The Pain
A Note From Saint Valentine - A First Person Tale Of This Wonderful Day
Spitting Up – And Other Joys Of Motherhood
Las Vegas: How to Ensure Your Vacation is Full of Adventure and Kicks
Is Self-Esteem Contrary to Christianity
What Educational Toys Do Kids Actually Enjoy Playing With?
MLM Success | Relationships in Two Minutes Flat
Are vent free gas fireplaces safe?
Domestic Violence Dr Jekyll or Mr Hyde