NatWest student bank account

NatWest student bank account takes care of the core needs of the students. It provides its young customers with a very good combination of financial benefits and market leading incentives. At the same time they keep in consideration, the practical needs of the students. Recently, for the fifth year running NatWest was voted the best bank for students. When students move to the universities it is a very new experience for them. For the youngsters it is one of the most exciting times of their life since most of them get the taste of complete independence for the first time. But with independence also come the need to take lots of crucial decisions like courses to take, accommodation etc. and also the bank which suits their needs best .In today’s competitive market every bank tries to lure students by giving attractive offers, free gifts, overdrafts etc. Hence it becomes even more important for the students to take the right decision.

NatWest student bank account is not all about just helpful banking but it also adds its personal touch. NatWest has got many university on-campus branches that are more than any other bank. As a result students don’t have to waste their valuable time in reaching out to their bank. Apart from this, there is online banking facility and 24 hour telephone banking facility. This helps them in keeping track of finances, payment of bills without standing in queues, transferring money, getting mini statements etc. In short, it makes life easy and organized. Online banking also reduces amount of paperwork since it can keep track of transaction history of about 7 years.

NatWest has set up many student service branches where there are student banking managers and student advisers who take care of student’s financial concerns and guide them in managing their money efficiently. As a student, planning the finances seems to be a very daunting task. The student banking managers in the student service branches give free financial tips and thus the students can benefit from their expertise in this field.  Students generally prefer to do part time jobs during their college years. Student service branches prove very useful in suggesting these students, how to properly manage their earned money or save it.

The student banking package also has an interesting feature of interest free overdraft facility. This overdraft facility for the students is particularly of great importance because most student’s college life is spent living on their overdraft. It enables the students to withdraw money from their student bank account even if the current balance is zero. In other words, it’s a sort of temporary advance given to its customers by the bank up to a certain limit. These overdraft limits set by the bank, varies for the students depending on whether they are first year students, second year students so on. For instance the first year students have the overdraft limit of 1250 bucks, for second year students the limit is 1400 bucks, for third year it is 1600 bucks, fourth year 1800 bucks, fifth year it is 2000 bucks and the fact that the overdraft is interest free ads to its significance greatly. In order to

Help the students with budgeting, NatWest also provides guidelines to the students on what amount of overdraft is best suited for them and also for easy repayment of the fund.

Keeping in mind the limited budget of the students, the student banking package also has the 5 year 16-25 rail card. This takes away much of the pressure of the students as they have to spend much less for their travels. In addition to this NatWest also provides the Graduate Package that offers interest free overdraft for additional 3 years which makes the change from student to a graduate much easier. Students also get the extra benefits such as huge discounts on laptop purchase, on getting mobile broadband as well as on purchasing stuff from major retailers. The bank also keeps its customers up to date about their accounts by the bank’s regular mobile text service. In words of Phil Cook, Head of NatWest Student and Graduate banking, the NatWest tries to satisfy their young customers by constantly evolving. This has led to the increase in the stupendous popularity of the bank.

Lloyds bank student account

A student life, whether in a college or a university, can often be challenging and exciting one. Under such circumstances, having Lloyds bank student account can really come in handy. There are a whole lot of benefits students can look forward in having one such account against their name. The money present in the student account can come to your rescue in a number of ways and one can make most out of it. As a student you can expect a great deal of discounts and interest free overdrafts in having one such account. What’s more; all the support and help will be at your doorstep to help you manage your student life and even balance financial needs.

In addition to availing interest free overdrafts, students can get a debit card that can be used both at home and abroad. There are also credit cards that students can apply for. These cards are affiliated to MasterCard and will help you in spreading your costs evenly. The student account with Lloyds bank will also offer you with Mobile banking through which you can manage your finances from anywhere and at anytime. There are also facilities like Phone banking and Internet banking through with you can operate upon your account round the clock. If you are brand conscious, then a student bank account like this is cut out for you. You can look forward to great discounts on brands like McDonald’s, Amazon, and Superdrug and so on.

The list of benefits associated with student account doesn’t end at that. On having one such account, students can bring down their licensing cost considerably and can also get YHA membership free of cost. If you are a music buff, then there is something for you as well. You are eligible to download as many as 35 music tracks from eMusic. There’s also an option for students to sign up for drives that will help them save every time they use a debit card affiliated to Visa. Now wonder then that a student account like this has been awarded a five-star rating from accredited agencies like Defaqto. This rating further reiterates how useful this student account can be. In opting for one such account, the student can be rest assured of getting one of the best bargains from market.

Students belonging to all levels of education can greatly look forward to this account. Whether you are a Graduate or an under 19 student or even an Islamic student, there is something in this account for you. For a graduate student, this account will help in allowing you to find your feet. Graduates can look forward to overdrafts that are interest free, a team dedicated to solve all your banking queries telephonically, and other free banking services. Applying to an account is easy for graduates. First, you need a confirmation of being a graduate and a local resident, need to have graduated within 3 years of application and you need to move your current account from an existing bank into this student account. The things required during application are: proof of graduation, driving license or passport copy, previous 3 month’s bank statement and so on.

Students aged between 11 and 18 can also look forward to Lloyds bank student account in plenty. In addition to the free banking services and a debit card, interests can be availed on the amount you manage to save in your account. For Islamic students, there are a host of packages available that promises them to get the most of their money. Your money will be managed in a much similar way as you practice your faith. All in all, this is one account that any student can really look forward during his or her life as a student. The student account is really simple to operate upon and manage. The charges levied on the services are also minimal when it comes to student account at Lloyds. The procedure followed to open an account too is hassle free and simple. In case you run into any difficulty, the staff at Lloyds bank would only be happy to assist you in best possible way. Students can indeed be thankful to such accounts that will take care of their money in a rightful way.

HSBC Student Bank Accounts

Almost every bank on the earth provides student banking facility. HSBC Student Bank Accounts are no different in this regard. The student banking facilities they provide have a number of good reasons to attract someone for opening a student account. They are there to help students to make the most of their money. This has been constant aim of their organization. It offers student a flexible banking account that will give them the support that they need to enjoy their time as a student. It also allows the student with access to their money whenever they need. They are known to provide service round the clock. But that is something that is provided by almost all banks. You may wonder why you should opt for HSBC student account.

The benefits that they are providing the students may differ from country to country but generally they provide the following facilities to the students:

● Banking: They are providing interest free overdraft of up to £2,000, with no overdraft fees and overdraft limit alerts at the banks cash machine. They are also paying 2% AER Variable Credit interest on the first £1000 that will be there in the student bank account during his first year at university.

● Traveling and Holidays: They are providing two years free world wide travel insurance along with the facility of accessing cash wherever the student may be. They also offer the facility to get local currency at over a million cash machines worldwide.

• Managing money in account: Managing money has never been much easier before. Along with 24 hours access to one’s account, the bank is also providing a free SIM card in select circle that comes with £5 preloaded credit and free calls to HSBC telephonic banking. Now you can manage your money on the move, whenever needed. Mobile banking is also possible straight from one’s mobile phone.

Confused about what to do? They also have In-Branch Student Advisor who is there to help you in case you need help and suggestions. You can ask them anything that would resolve your doubts.

What about discounts? The bank provides great discounts at their different associated outlets located at different parts of the country. If some one is planning to travel overseas, then he can receive a 25% discount off Lonely Planet travel guides with an option to choose from over 500 titles that covers every corner of the planet. This offer is only redeemable through online shopping at lonely planet. Other benefits are from CDWOW. One can get a chart CDs from £7.49. The international students can apply for their HSBC Passports. They are providing banking for students from the age of seventeen so that one may avoid the hassles of applying for a student loan.

There are also additional benefits for applying while one is seventeen. Once one is 18+ he will be entitled to have the additional features namely:-

● Unlimited access to your account.

● Access to your cash wherever you are – get local currency at over a million cash machines worldwide

● Mobile Banking straight from your mobile phone.

● Mobile top-ups at HSBC cash machines

● Talking Money student micro site.

● Online budgeting calculator

● In-branch Student Advisors.

Another option for those who already have an HSBC account or those who are going to have a new one is that they can go green.  This is to say that they can avoid unnecessary paper in their everyday banking. This also means there would be no paper statements, all statements to be delivered electronically via internet banking. There would be no more letters from the bank. All the transactions will be via a phone call or email service. There wouldn’t be check book payments for one’s current account and also no paper marketing as well.

Eligibility criteria for opening an HSBC Student Banks Accounts: -

There are two most general criteria for opening an account. First is that one has to be more than 17 and the other is that the student should not hold any student accounts elsewhere. Also one should have applied for a two years full time course in a recognized university or a part time with Disability Student Allowance. But before everything, one should always study the terms and conditions to do so from an HSBC branch.