About

Hello! This is your guide to finding the right student bank account for you as you prepare to head off to university. We provide unbiased information and resources on the top British student bank accounts available for you to compare yourself. Once you become a full or part time student at university you will need to have a student bank account. This is an important step in being able to manage your finances properly. International students will need to speak to the respective banks to open an account. This is a pretty easy process.

When I first became a student at the University of Manchester I found it hard to manage my finances properly. It was such a busy and exciting time in my life and it’s easy to find yourself going out every night of the week spending lots of money – especially when the student loan payment arrives!

It is a fact for most students that once you go to university you need to live within a certain budget and therefore plan how you are going to spend your money very carefully.

But don’t worry this doesn’t mean you can’t spend any money and have to stop having fun – after all being a student is one of the times in your life where you can be care free – it’s just a question of making the most of the money you have and part of that can be having the best or just the right student bank account. Students are very popular with banks as most people stick with just one bank their whole life. There’s a whole load of incentives, from interest free overdrafts to other rewards such as free rail cards. We break down the best student bank accounts every year, and you can find the top current accounts for 2010 – 2011 on the pages of this website.

Compare Student Bank Accounts

Compare and choose the best student bank account for you. Here you'll find our top picks this year based on criteria in the bank comparison table.

We outline the benefits and the catches of the top student accounts so you can make an informed choice and not fall into the many traps.

8 Things to Remember!


Before you even start to consider which student bank account is best for you, be aware of the tricks and motives of the banks.
  1. Banks are desperate for students to open an account. Switch to get the best deals.
  2. Bear the motives of banks in mind!
  3. Don't fall for cheap freebies (but some are worth it)
  4. The amount of interest-free overdraft should be your first priority.
  5. The advertised overdraft is the maximum you can get in final year. A low credit rating can mean you can't get the full amount.
  6. Invest any unused overdraft in a flexible savings account.
  7. Check the interest rates on the overdraft for graduates
  8. Watch out for the bank charges for going overdrawn. Never spend beyond your means.

Other Considerations


  1. Make sure you get a debit card, not a cash card (which can only be used at cash machines).
  2. Do you get online banking?
  3. Does the bank have branches near to where you'll be living?
  4. International students should ensure that you are eligible to apply for a student bank account in the UK.

Sponsors

Online Banking

Open a bank account online to transfer money, pay bills, check statements and much more

Business Banking

We 're not just about providing you with a business bank account, we offer you support and advice as well

Bank Accounts

Our basic bank account is straightforward and has no monthly fee

Other Accounts

We also offer young persons account such as student bank accounts and children's bank accounts