Knowing which bank account to choose when becoming a student can be daunting with the amount of options available nowadays so here are some of the best UK bank accounts for students at the moment:
HSBC Student Bank Account: This account is designed for people who’ve moved to the UK to study. It comes with a large interest-free overdraft and boasts the highest value sign up incentive for this year.
Barclays Student Additions Account: There is a dedicated Barclays student account. It offers benefits including freebies and interest-free overdrafts.
Santander Basic Current Account: This account offers a guaranteed £1,500 0% overdraft and a free four-year railcard.
NatWest / RBS Student Account: This account offers up to £3,250 0% overdraft.
Nationwide Student Account: This account offers up to £3,000 0% overdraft.
Remember, the best student bank account for you will depend on your individual needs and circumstances. It’s also important to note that you’ll need proof of address and identity to open a student account. This can include your passport, birth certificate or current UK driving licence. In addition, you’ll need your UCAS code or confirmation letter with an unconditional offer or, if your offer’s conditional, A-level results that meet that condition (or a letter from the university you’ll be attending confirming your place).
Here are just a few examples but if you know of any others get in touch with Money Moo in the comments section below.
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