Student Bank Accounts
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Student Bank Accounts
As a University or College student you are entitled to a Student Bank Account with an interest-free overdraft. This means that you don’t have to pay any interest on any money borrowed in your overdraft. With student bank accounts the overdraft often increases each year so that you have more money you can effectively borrow. Most student bank accounts are upgraded to a Graduate Account after you leave University and often give you around 3 years to pay back the overdraft - still interest-free!
This guide gives you the low-down on the Student Bank Accounts offered by most High Street Banks. As you’ll see what they offer is very similar, but each offers a different incentive for you to open a Student Bank Account with them. |
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