University places are top of many young people's minds at the moment following the release of this year's A-level results.
But once they've secured a spot, one of the next major things to consider is financing and the banks are rolling out their student current account offers at the moment in a bid to tempt students to bank with them.
Santander, for example, claims to provide a student current account with some of the best benefits available. An interest free overdraft of up to £1,000 is available in the first year of study but this rises to up to £2,000 in subsequent years.
Meanwhile, those students who manage to remain in credit can enjoy an interest rate of one per cent of balances of up to £500.
On top of these financial offers, the current account provides free mobile, gadget and laptop insurance. This is worth over £240 a year and can really help students should they fall victim to theft.
Helen Bierton, head of current accounts at Santander, commented: “Santander's Student Current Account is designed to offer students the support they need from their bank throughout their time at university.
“Offering an interest-free overdraft of up to £2,000, free mobile, gadget and laptop cover, and a competitive interest rate, we are committed to helping students manage their finances as effectively as possible.”
