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The Independent UK
The Independent UK
Business
Lisa Salmon

Everything you need to know about student bank accounts – before teens head to university

From overdraft amounts to graduate options, everything you need to know about a student bank account (Alamy/PA) - (Alamy/PA)

As well as a good brain, students heading to university this autumn need a healthy bank account to help them through their degree course.

Fortunately, there are plenty of student bank accounts available, and it’s crucial that young people choose the best one for them, rather than just sticking with their old bank or choosing their parents’ bank because it’s an easy option. In the latest Student Banking Survey by the student finance website Save the Student, 40% of those surveyed chose their student account because it was with the bank they were already with, while 30% followed friends or family recommendations, and 28% were swayed by freebies.

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