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Barclays Bank has been highly commended for the student account provider of the year 2021 at the Moneyfacts Consumer Awards last month. Analysts at Moneyfacts reviewed the students account available from financial providers to create a shortlist. These then went forward to a public vote to decide the winners, highly commended and commended brands.
Pip Landers-Letts, Barclays’ Head of Youth, Student & Graduate Propositions, Barclays says: “ It is great to see the Barclays Student Additions Account recognised for the way it can support students as they embark on their studies. The start of university is such an exciting time, but often there is lots to do to make sure you are fully equipped for student life - being able to set up our Student Additions Account from the Barclays app is a quick and easy task, which frees up more time to focus on the start of your studies and settle into university.”
The Student Additions Account also offers an interest free overdraft. This starts at a maximum overdraft of £500 during the first term, £1,000 in the first year of university, increasing to £2,000 and £3,000 in years two and three. It is also possible to have a higher arranged overdraft and this may be subject to interest charges.
You can apply for a Student Additions Account using the Barclays app if you have a mobile number. Those applying will need to be at least 18, in full-time higher education, or a higher apprentice (level 4+), have a UK residential address and have photo ID.
Moneyfacts also reviews student bank accounts to identify those with the best features. The best student bank accounts are given a four and five-star rating.
Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.
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