Find the tools students need for the financial independence they want

Bank of America Advantage SafeBalance Banking® can help set students up for financial independence with benefits like flexible ways to pay, a debit card and a monthly maintenance fee waiver for Students under 251.

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Monthly Maintenance Fee Waiver

No monthly maintenance fee for Students under 25.1

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Ways To Pay

Student-friendly ways to pay, including a contactless debit card backed by our $0 Liability Guarantee.2

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Mobile Access

Use our Mobile Banking app3 to transfer money4 between parents’ and students’ accounts.

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Easy Anytime Access

Visit us at thousands of financial centers and ATMs. Or access Erica®5, your virtual financial assistant, available 24/7 in our Mobile Banking app.3

Supporting students every step of the way

$0 Liability Guarantee icon

$0 Liability Guarantee2


You’re not responsible for unauthorized transactions made by others using your Bank of America debit card, as long as you report them promptly.

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No overdraft fees with SafeBalance Banking®


An account with no overdraft fees and no paper checks.6

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Lock or unlock your debit card7


Temporarily lock a misplaced debit card and unlock it when it’s found.

Visa debit card

Debit cards make payments easy

Pay for things like late-night food runs, filling up the gas tank or that new pair of shoes with your contactless debit card. It's easy, it's fast and it's secure. Just tap to pay with your card or your Digital Wallet. Use the Mobile Banking app3 to add your card to your Digital Wallet.

Mobile Banking App All you need to know. All on your mobile device.

Parents and students can conveniently and securely check balances, transfer money between accounts, track spending and more — all from your tablet or smart phone.

For parents and students learning about finances together

Our video series can help parents and students make the right moves. Get started with the videos below and watch the rest here.

Things to Know When Opening a Bank Account

See tips for students as they prepare for the next step in their financial lives.

Essential Banking Terms Explained

Get an explanation of ways to move money and what foundational banking terms mean to help you make the most of your bank accounts.