Student Current Accounts
Compare Student Current Accounts
Choose 1 of 3 great offers: Amazon Prime Student subscription, National Express Coachcard, or Tastecard
- Apply for an £500 arranged interest free student overdraft in Term one, and have the option to increase up to £2000 from term two onwards
- Choose 1 of 3 great offers: Amazon Prime Student – Stream movies, TV shows and Music, plus get Unlimited 1 day delivery for 1 year and a £10 Amazon.co.uk Gift Card (available to over 18’s), 4 year National Express Coachcard – Travel for less with 1/3 off fares ideal for visiting friends and family. Plus 15% off travel to events and festivals, or a tastecard – Dine out and get 50% off food or 2 for 1 meals, plus save on entertainment, including the cinema. Valid for 4 years, (smartphone required)
- Award winning mobile banking app – Winner of “”Best Banking App”” in 2017 and 201
- No monthly account fee
- You must be 17+ living in the UK and be a full time student on at least a 2 year course at UK University or College
- You need to be a UK Resident and over 18 to apply for an overdraft
- £10 monthly account fee applies for International Students
The UK’s only fee-free student current account. Interest-free and fee-free overdraft
- 1% AER/gross p.a. (variable) on balances up to £1,000
- Interest-free and fee-free overdraft
- Overdraft limit of £1,000 increasing to £2,000 in year two and £3,000 in year three
- Great cashback offers on big brands with Simply Rewards for Visa debit or credit card customers
- Make payments with your Nationwide debit and credit cards on compatible devices using Apple Pay, Google Pay™ and Samsung Pay anywhere that contactless payments are accepted
- Mobile and Online banking, and free text alerts
- UK-only call centres, open 24/7
- No monthly account fee
- Must be aged 18 years or over
- Must have been accepted onto a full-time UCAS course at a UK institution for at least 2 years
- Must deposit at least £500 per term
- Can’t already have a student account with another provider (or if you do, you agree to move it to Nationwide)
A free 4-year Santander 16-25 Railcard which could save you 1/3 off rail travel in Great Britain
- 3% AER / 2.96% (variable) on balance from £300 up to a maximum of £2,000
- An interest-free and fee-free Arranged Overdraft, up to £1,500 in years 1-3, then up to £2,000 if you stay on to year 5
- Free 4-year Santander 16-25 Railcard which could save you 1/3 off rail travel in Great Britain
- Access to 1|2|3 World offers, including preferential rates and special deals on other Santander products
- Visa Debit card for making purchases and accessing your money at cash machines
- No monthly account fee
- Must be aged 18 or over & completing a full-time higher education course
- Must pay in £500 each academic term, and register for Online Banking
- Must be a UK resident for tax purposes
Latest Student Current Accounts 2018
If you are going to university you may wish to consider opening a student account. A student account is similar to a current account, the main difference being that it has the benefit of a large interest free overdraft, ideal for you if you are moving away from home for the first time and are perhaps not used to controlling your own finances and being so independent.
Converting your Current Account into a Student Current Account
Most banks and building societies offer the student account option but it is fair to say that most people who are going to university stick with their original bank and simply convert it into a student account.
Sticking with the same bank is beneficial as you may already be greatly acquainted with the online banking system used by that bank but it is certainly worth comparing various student current accounts offered by different banks in order to find the best offers. Many banks provide attractive incentives to students so shop around.
Converting your Student Current Account into a Graduate Current Account
Once you have graduated, most banks or building societies that offer student current accounts also provide the option of converting your student current account into a graduate current account, with the interest free overdraft still an available option.
This is a valuable feature on a student current account and is attractive to anyone about to become a student who has rent to pay, loan instalments to manage, possible grants and bursaries, bills to pay and not to mention food shopping and money set aside for the many drinking opportunities that may come your way.
Compare Current Accounts
Before you commit to a particular bank or building society’s student current account, it is wise to compare a range of available student current accounts offered by different banking organisations. Use our comparison tables to gain insight into the various options available to you. Our team have done the hard work for you and will save you time, energy and the possible stress that comes with searching for the right student current account for you.