MB High Five Checking

A great starter account for students from ages 13-24.footnote

Ready to apply? Questions?

Visit a Branch

Call us at 1.888.i bank mb  (1.888.422.6562) or contact us.

Perfect for

High school and college students ages 13-24 just starting their financial independence.

Benefits

  • When a parent or guardian has an open MB checking account, there’s no monthly service charge
  • Free, unlimited use of MB ATMs
  • No MB fees when you use up to 5 non-MB ATMs per statement cycle
  • Eligible for our ATM Freedom program that refunds other banks' ATM surcharge fees - up to a cap of $20 a monthfootnote

Features

MB Everyday MasterCard prepaid cards. Learn more.

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Things to know

  • Write up to 5 free checks per statement cyclefootnote
  • Pay up to 5 free bills online per statement cyclefootnote

There is no monthly service charge for MB High Five Checking when you:

  • Make monthly deposits totaling $100 or more or
  • Maintain an average daily balance of $250 or morefootnote or
  • Have a parent or guardian as a joint owner who also has an open MB personal checking account who maintains an average balance of $1 or morefootnote

Otherwise, there is a monthly service charge of $5.95. E-statement enrollment is required, otherwise there is a $3 monthly paper statement charge.

This account converts to MB Classic Checking when the account holder turns 25.

This account is eligible for

MB Everyday MasterCard prepaid cards. Learn more.

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This product could be right for you if

You’re a high school or college student between the age of 18-24 and you’d like to open a checking account.

Apply in person

Stop by one of our convenient banking centers located throughout Chicagoland and we’ll be happy to help you open your new MB account. Be sure to bring a government-issued ID and your Social Security number.

What's next?

Visit a BranchQuestions?

Call us at 1.888.i bank mb (1.888.422.6562) or contact us.

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1 The minimum balance to open any MB checking account is $50. Account holder must reside within MB’s IL, IN or PA service areas. Checking account statement cycle periods are all monthly. Other fees and restrictions may apply. Please refer to the Personal Banking Customer Fee Schedule (PDF). We reserve the sole discretionary right to refuse to open an account or close an account for any reason. For more information, please see a banker or call 1.888.i bank mb (1.888.422.6562). Back to top

2 Average calendar month balance must be at least $5,000 to qualify. Reimbursement of ATM surcharge fees for using non-MB ATMs will be capped at $20 maximum per calendar month. Reimbursement will post in the following account statement cycle. Back to top

3 Excess activity fees apply after account limit: $1 per check and $0.50 per online bill payment. Back to top

4 MB Debit MasterCard® available only to qualified account holders. Back to top

5 The period we use to calculate the average balance for this account is your monthly statement cycle. Back to top