Savings

When I said "at some schools", I meant that some schools have the option of full fee-paying places. At the other schools, all domestic students get CSP. source

I would say the only benefit to having a savings account would be to prevent yourself from accessing your money impulsively. In which case, the Chase savings account would be the worst one, since you really want low liquidity. source

I think at your age it is most important to get yourself good health insurance and get involved in a good retirement scheme. I'm always saying it but as you get older the prospect of what happens when there is no wages coming in every week gets scary. When you are starting out it seems like a long way away but you'll be surprised . So start building for your future with long term saving and a retirement fund. source

In the case of a car loan, the loan rates are usually pretty high. Unless you can get a deposit rate better than the loan rate, I would always advise to pay the car with your savings if possible. But even using 10K of your savings towards it is far far better than just getting a loan for the entire amount. If your entire savings is 20K this might be a better approach so that you still have 10K to tap into immediately should the need arise. source

I have 3 savings accounts, each for different reasons. The first is at Bank of America, which pays practically nothing in interest so I only keep a few thousand there. That money is for quick access or to handle a cash flow issue with my checking account, which is also at B of A. Then I have an account at ING, it was my first online savings account. Online accounts pay much higher interest, though ING lags a little in the rate they offer. I like their interface and site, I keep the savings I plan to spend there. I escrow my own property taxes and insurance at ING, put my savings for pet expenses there, among other things. I keep my long term savings at FNBO cause they have a better rate. Many people end up with multiple accounts because of rate chasing, one bank offers a great rate so you open a new account and move all your money. A few months later another bank has a better offer so you move your money over but never close the first account. Before you know it you have 10 different savings accounts. source