Answer: 94.59%

Hat tip to NGPF team member, Sonia, for finding this awesome research report!

Questions:

• Do you think there are ANY fees with "free" checking accounts? If so, can you think of any examples? 
• Why do you think that so many banks offer "free" checking accounts to students? 
• What do you think happens to your account fees after you leave school and no longer qualify for a student account? 

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (from WalletHub 2017 Banking Landscape Report):

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Looking for ways to bring the latest and greatest when it comes to payment methods like Venmo? Be sure to check out our updated Checking Unit here!

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.