Advertisement:
Student Prepaid Credit CardPrepaid Cards are perfect for students starting university. Keep student debts in check, these cards let you to easily manage your finances, there are no monthly account charges and no credit checks.
Student Possessions InsuranceIf you are a student living in halls, rented or shared accommodation, think about covering your valuables before they go walkies.
Student LoansThe Student Loans Company is a UK public sector organisation created to provide loans and grants to over one million students a year.
Are you due to graduate?Would you stick with a partner that's no good for you? Then why stick with your existing account? Switch to a top graduate account before you lose money
Most high street banks offer student accounts. Student accounts are similar to regular current accounts for students in full time higher education.
Student accounts generally come with additional benefits such as music discounts, rail travel discounts, game discounts, a free bus pass and so on. They also include some sort of incentive such as a 0% overdraft for the duration of your course.
While this is great news while you are partying your way through university, be careful of going over your agreed limit. Student accounts do have charges outside the 0% overdraft deals so it is advisable to check the overall package and weigh up any incentives against the costs that may be involved.
When should I open a student account?
If you have your UCAS offer letter (conditional or unconditional) you can apply for a student account immediately, taking advantage of the benefits a month early.
Can I switch to a different student account if I’m already a student?
Yes, if you’re already studying and are looking for a better deal for your 2nd or 3rd year of study, you can transfer your account to one with better terms than you are already getting.
Are you due to graduate?
Should you switch from a student account to a graduate account? Yes, remember that once you graduate, the interest rate on your overdraft will rocket to the same rate as most accounts on the high street.
Look for extras to combat student costsOn the day that hundreds of thousands of A Level students will either be toasting their exam success or drowning their sorrows, the spiralling costs of university may not be uppermost in their thoughts.
Student accounts to write home aboutMore than 34% of students will work in term time to fund their studies this year, meaning a collective total of £4 billion will be earned.
Student Money Saving TipsIt's not all caps and gowns and bicycles with textbooks underarm, nor (unfortunately) is it an episode of Hollyoaks! The reality of university life sits somewhere in the middle: hard work yes, but also a fun time.
How to save money at UniTop money saving tips for freshers to help you manage your money at University
