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Opening a bank account as a student was very painful, but not anymore. Today, I will show you the best bank account for students under 18 with no hidden fees.
With Transferwise, you can open a bank account in under 5 minutes without going to the bank. Transferwise is a bank account that gives you a free debit card and has no hidden fees.
Creating a multi-currency account with TransferWise unlocks the full set of features available to its customers. This means you’ll be able to:
- hold 50+ currencies in balances in your account
- convert currencies instantly in your account with low fees
- get bank details to receive AUD, EUR, GBP, NZD, PLN, and USD with no fees
- set up Direct Debits in GBP and EUR
- order a TransferWise debit card (currently available in Europe, U.S., Australia, New Zealand, and Singapore)
- spend on the debit card in any currency with low fees
To open your multi-currency account, you’ll need to get verified, usually with some photo ID, proof of address, and/or a picture of you holding that ID. It usually takes about 2 working days.
Transferwise uses a real-time transaction feature that allows you to track your spendings on-going, hassle-free.
In the meantime, check out also our N26 Bank Review.
The Bank Account for Students under 18, why you should decide for Transferwise!
Transferwise is totally worth it; you have nothing to lose if you sign-up right now. The process is super easy, and it’s free.
The most thing that I like about Transferwise is that it’s an everyday bank for me. The transactions are extremely fast, and I get in real-time how much I have spent.
I am overall delighted with the experience; all of my everyday transactions go now through Transferwise. And I recommend that you go for it.
Let me know in the comments if you have any questions. Until next time, happy reading!