Banking Basics Help strengthen your financial knowledge

Whether you already have some financial experience or are taking your first steps, Bank of America can help students and young adults make progress.

Did you know?

Expand knowledge on everything from personal finance to strategic planning.

Learn more about teen spending

Quick facts

The average teen spent $2,150 across a range of categories in 2020.

Learn more at Better Money Habits.

Learn more about teen budgeting

Interesting insights

35% of teens think they’ll have $100,000 saved by age 30.

Learn more at Better Money Habits.

Learn more about savings

Savvy suggestions

Saving $7 each day with a packed lunch could total $1,890 over 270 days.

Learn more at Better Money Habits.

Learn more about financial strategies

Actionable advice

Plan on eventually increasing savings by up to 15 to 20 percent of income.

Learn more at Better Money Habits.

Get the ins-and-outs of bank accounts

Take a closer look at different types of bank accounts and get a better understanding of how they work.

Learn more at Better Money Habits®.

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What is the difference between checking and savings accounts?

Compare and contrast the different types of bank accounts. Learn the benefits of each and how to use them.

See what makes them different

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Your bank account: 10 questions to ask

Ask a financial advisor about these crucial details. Knowing what to ask can help determine what account is the right fit.

Find out what to ask

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8 common bank fees explained

Understanding what triggers bank fees can help avoid charges. 

Read more about fees

Teaching Your Kids About Money

You’re never too old or too young to learn good financial management. Get tips for teaching children financial responsibility.

Learn more at Better Money Habits®.

Bank of America can help students stay alert

Go online while staying smart about scams and fraud. See how to spot risks and help protect accounts.

Learn more at Better Money Habits®.

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Protect yourself online: 5 new scams to watch out for now

Protect financial and personal information by learning about the scams and the best ways to avoid them.

Read more

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How to spot a suspicious email or text

Fraud tactics are becoming increasingly sophisticated. Use these tips to help keep information protected.

Learn the tips

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Students: How to spot 6 common scams

Here’s what to know about six of the top scams that target students.

Learn to spot scams

Bank of America can help meet your needs

See how these solutions can help students and young adults get started.

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Bank of America Advantage SafeBalance Banking®

Flexible ways to pay, no overdraft fee and no monthly maintenance fee for SafeBalance Banking® accounts with an owner under 25.2


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Bank of America Advantage Savings

A savings account can help boost your financial health and put your goals into focus. No monthly maintenance fee for Advantage Savings accounts with an owner under 25.3

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Get a Bank of America debit card

Your Bank of America account includes a debit card that can help you manage day-to-day purchases.

Bank with ease, from almost anywhere

The Bank of America Mobile Banking app1 is packed with features to help manage accounts all in one place.

Get the app

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