Best Bank Accounts for Students

Written by Ruth Njiri

If you are looking to empower yourself financially as a student, opening a student checking account is a great place to start gaining control of your money. A student checking account is an account that is made to specifically fit the needs of young adults who are in higher education.

>> READ: What Should I Look Out For When Opening A Student Account?

Most financial institutions offer their banking services for students at reduced costs with additional benefits such as interest free transactions. Banks are looking to establish loyalty with their customers as soon as possible and therefore offering some added benefits on these accounts.

Barclays Bank Kenya – Student Account

This is a current account in KES. Specifically designed for students over the age of 18 years. The account includes access to a debit ATM card and mobile and internet banking services. The account has an opening balance of KES 1,000 and a minimum operating balance of KES 1,000.

To learn more about this account, click here.

Equity Bank – Achievers Student Account

This is a convenient and friendly transactional account suitable for college students. The account includes access to a debit ATM card and mobile banking services. The account has no opening balance and no minimum operating balance.

To learn more about this account, click here.

KCB Kenya Commercial Bank – Student Account

Ideal for university and college students, this account lets you access your money across KCB ATMs as well as mobile and internet banking. The account has a minimum operating balance of KES 100 and no monthly fees.

To learn more about this account, click here.

NIC Bank – Student Account

This is a current account specifically for students. The account includes access to an ATM debit card and mobile banking services. The account has a minimum operating balance of KES 1,000.

To learn more about this account, click here.

National Bank – Student Account

This is a transactional account specially designed for college students. The account includes access to an ATM debit card and mobile banking services. The account has no minimum balance requirement and no monthly fees.

To learn more about this account, click here.

First Community Bank – Student Account

This is a savings account in KES specifically designed for students. The account includes access to an ATM debit card. It has no monthly fee and has an opening balance of KES 1,000.

To learn more about this account, click here.

Gulf African Bank – Taleb Students Account

This is a students account available KES. It’s a savings account specially designed for students. The account includes access to an ATM debit card. The account has an opening balance of KES 500 and no monthly fees.

To learn more about this account, click here.

 

About the author

Ruth Njiri