Smarter Bank Is A Bank That Helps You With Student Loans

Student loans are one of my personal finance pain points.  Every time I try to get ahead on them, something comes up and I get behind again. It must be hard for people like me who are self-employed.  Today I hear about the launch of Smarter Bank which is an online bank that helps you pay down your student loans.

It’s a  free full-featured checking account, with debit card, paper checks and all the usual (but no branches, of course). And it’s powered by non-other than The Bancorp Bank, which has its hands in many of the new direct banking initiatives.

Smarter Bank has a rewards program that pays down your student loans. Free online banking, bill pay, free debit card and an ATM network.  I will open up an account to see how it can help me pay down my student loans.


Nichelle Stephens is a blogger, cupcake enthusiast, editor, event producer, and social media strategist. Nichelle is the co-founding editor of Cupcakes Take The Cake, the most popular blog about cupcakes. Nichelle lives in suburban Atlanta after toiling for years in Brooklyn, New York. Nichelle is also the founder of Keeping Nickels, a personal finance and business accounting blog for freelancers and entrepreneurs. Nichelle is also the founder of lifestyle and pop culture blog, CoolBlkPpl.

  • Brenna Hogland

    Could you let me know if it is the real deal and how thats working out for you? My email is if you don’t mind

  • christine

    any update on this? has is helped you pay down your loans?

  • guest

    Any word on this?