How do Student Accounts differ from standard current accounts?
Student bank accounts are an essential tool for any undergraduate. These can accommodate your student loan and income, but also provide you with a 0% overdraft to help you out when funds run short.
Most student accounts offer account holders a range of features that are specifically designed to help students, such as railcards, free gifts, or generous 0% overdrafts.
The lifespan of these accounts is normally attached to the duration of your course. After its expiry, the bank will offer a replacement graduate account that can also carry a number of benefits.
What we offer at Which4U.
Using our student banking comparison section, you can choose an account that best suits your needs, and apply online. Many providers also provide students with a wide range of discount vouchers and plenty of other special offers, so make sure you check out the competition.
Many people automatically choose the bank they already use to open a student account, but his might mean you're missing out on some great deals. A little research could unveil a more attractive account for you.
How can banks offer these great accounts?
Banks often provide generous accounts for students that cause them to lose money. Banks rely on students remaining with the bank after completing their studies. In effect, they are investing for the future.