Popular Banking Options

Adro
Chase College Checking
Bank of America Student Banking
Local Credit Union
SSN Required?

No

Usually Yes

Usually Yes

Usually Yes

Can Open Before Arrival?

Yes

No

No

No

Monthly Fees

$0

$6 (waived for students)

$0 (for students under 24)

Varies ($0-$5)

Foreign Transaction Fees

$0

3%

3%

1-3%

Credit Building

Yes (even without SSN)

Limited

Limited

Limited

Mobile Banking

Yes

Yes

Yes

Often basic

International Wire Transfers

Low-cost transfers

Available (fees apply)

Available (fees apply)

Rarely available

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