What do you need to open a student checking account

Q: What does a teenager need to open a checking account?

Once you find the right bank account, youll likely need to provide details for you and your teen such as address, dates of birth and Social Security numbers. While some financial institutions require you to be a parent or legal guardian, others allow anyone over 18 to be the joint account holder.

Q: Do you need money to open a student bank account?

Many vanilla” bank accounts have a minimum balance both to open and to maintain the account—they may require a $500 opening deposit and a $100 ongoing minimum balance, for instance. Student accounts typically dont have these requirements. Also, many bank accounts have a monthly account fee, often of $5–$15.

Table of Contents Show

LifeGreen® Checking for Students
What you get with LifeGreen® Checking for Students
Customize and personalize your debit card
Checking account details
Explore our other checking accounts
Send and receive money with Zelle®
Bank on the go with the Regions Mobile Banking App
Put your goals within reach with a LifeGreen® Savings account
Get more out of your checking account
Related Insights
Can a student open a checking account?
What does a teenager need to open a checking account?
Do you need money to open a student bank account?

LifeGreen® Checking for Students

LifeGreen Checking for Students keeps it simple, with no monthly fee and built-in ways to help you save while you’re focused on your education or job hunt. If you are 18-25 years old 1, you can start the application process for a Student Checking account online or visit us in one of our branches. Students under 18 must visit a branch and apply jointly with an adult.

What you get with LifeGreen® Checking for Students

Alerts and notifications2 3

Access to a Visa® debit card with LockIt

Option to send and receive money through Zelle®4

Customize and personalize your debit card

Support your favorite team every time you use your debit card with our Collegiate Visa® debit card. Our lineup includes SEC and HBCU card options. Or, design and personalize your card with a photo of a favorite vacation, your pets, or friends and family using Regions YourPix Studio®.

Checking account details

Monthly fee

None

Account eligibility

Customers age 25 or younger1
Students under 18 must visit a branch and apply jointly with an adult

Minimum opening deposit

Check pricing

Price varies by style. Order via Online Banking, visit your local branch or call 1-800-734-4667.5

Statement options

Online statements are free. Paper statements are $3 per month. Other options are available and fees may apply. Please refer to Pricing Schedule for more details about the account and other fees.

Overdraft fees

Paid overdraft fee: $366
Overdraft protection transfer fee: $0

RegionsYourPix Studio® fee

You have the option to link your checking account to an eligible Regions funding account for Overdraft Protection. With Overdraft Protection, there is no fee for transferring funds from a linked account to your checking account to cover an overdraft.
Standard Overdraft Coverage is a service we provide that may cover transactions if you overdraw the available funds in your account.
If you opt in to Standard Overdraft Coverage for ATM and everyday debit card transactions, we may authorize and pay your ATM and nonrecurring debit card transactions into overdraft. Our paid overdraft Item (and returned item) fee is $36 and is subject to change.
If we make Standard Overdraft Coverage available to you, we may pay your check, ACH and recurring debit card transactions even if you don’t have sufficient available balance in your account, which may result in an overdraft fee.

With this account, you can get:

The option to open a Regions LifeGreen® Savings account with no monthly fee and an opportunity to earn an annual savings bonus7
30% discount on one Safe Deposit Box with an additional 10% discount for auto debit8
Relationship rates on most CDs for customers who meet the Relationship requirements9
Discount on installment loan with payments auto debited from a Regions account
A chance to earn rewards through the Regions Cashback Rewards® program with your Regions Visa debit card and Online Banking

Other features include:

Regions Visa® debit card
Free access to Online Banking10
Free standard delivery Bill Pay11
Mobile Banking12
Service Member Benefit – No Regions ATM fee on two ATM transactions at non-Regions ATMs per statement period if you provide your Military ID when opening a Regions checking account or any time afterward13

Here is a checklist of items you will likely need to open an account:

$50 minimum opening deposit
Social security number or tax identification number
Birth date
Personal identification such as driver’s license, passport, state or government-issued ID, etc.
Secondary form of ID (such as a social security card, birth certificate, Insurance card, etc.)
Open online now or connect with a Regions associate at a nearby branch or by calling 1-800-734-4667.

Explore our other checking accounts

If you aren't sure if the LifeGreen® Checking for Students account is right for you, compare it to our other checking accounts to find the best one for your needs.

Send and receive money with Zelle®

Zelle4 brings you a safe, secure way to send, request and receive money from people you know and trust14 — send money to a friend, settle up with your babysitter or split the check for dinner.

It’s Fast: Money is typically available in minutes.15
It’s Safe: Move money between friends and family without sharing account information.
It’s Easy: Log in to the Regions Mobile App12 or Online Banking and choose “Send Money with Zelle®.
It’s Free: Zelle is free through the Regions Mobile App12 and Online Banking.10

Bank on the go with the Regions Mobile Banking App

Put your goals within reach with a LifeGreen® Savings account

With LifeGreen Savings7, you get the opportunity to earn a 1% annual savings bonus up to $1007 if you set up monthly automated savings transfers from your LifeGreen Checking for Students account. Plus, if you enroll in Spend & Save, you can grow your savings every time you use your debit card.

Get more out of your checking account

Can a student open a checking account?

Student Checking FAQs. What do I need to open an account? To open a Student Checking account, you need to be under age 25. To open an individual account online, you need to be 18 years of age or older.

What does a teenager need to open a checking account?

Once you find the right bank account, you'll likely need to provide details for you and your teen such as address, dates of birth and Social Security numbers. While some financial institutions require you to be a parent or legal guardian, others allow anyone over 18 to be the joint account holder.

Do you need money to open a student bank account?

Many “vanilla” bank accounts have a minimum balance both to open and to maintain the account—they may require a $500 opening deposit and a $100 ongoing minimum balance, for instance. Student accounts typically don't have these requirements. Also, many bank accounts have a monthly account fee, often of $5–$15.