WHAT TO LOOK FOR IN A BANK

Some banks provide offers and perks to students for opening a new account with them. It’s important to look at different banks to understand what would be the most suitable for you as well as considering the interest rates and the overdraft limit. For example, NatWest offer a 4-year tastecard while Santander will offer you a free 4-year 16-25 railcard.

Many banks are now offering a new scheme called Round Ups that you can activate on your banking. This scheme can help you to save your spare change from everyday purchases and put this into a savings account. Any payment you make, it will round it to the nearest pound for example, if you spend £5.50 then 50p will go into your savings. This can help you to manage your money and start saving. Find out more about student bank accounts below.