Banking - University of Houston
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Banking

Bank Options

There are many banks where you may walk in and open an account. Some banks have many ATMs in the Houston area: Chase, Bank of America, and Wells Fargo.

 

Banking Glossary

  • Checking Account

    • You may put money in a checking account and use it to pay for rent, food, and other daily expenses. Usually, there are no withdrawal limits.
    • Monthly maintenance fees may apply. Ask the bank how to avoid this fee.
    • Out-of-network fees, overdraft fees, and foreign transaction fees may apply.
  • Savings Account

    • Savings accounts typically have higher interest rates than checking accounts.
    • You may be limited to the number of monthly transfers and withdrawals you can make. Savings withdrawal limit fees may apply.
    • Monthly maintenance fees may apply. Ask the bank how to avoid this fee.