<p>I never took the time to read about those cards “from” the college, but I never trusted them. It seems that any card I didn’t ask for that comes in the mail is an attempt to separate me from my money; I just kind of assumed this one was the same.</p>
<p>WRT choosing a bank, it looks like USAA Federal Savings Bank may be a good choice for those that are eligible. We’re considering having our daughter do most of her banking with USAA, at least at the start. Students can deposit checks electronically (when they get them, which I suspect is infrequent); USAA doesn’t charge for foreign ATMs and often refunds other banks’ ATM fees, too.</p>
<p>If it becomes expedient to move to the bank on campus (which happens to be Capital One), she can do that, but I’d like her to give USAA a try.</p>