Menu
02/07/2013
£3,000 Overdraft Offered With Student Bank Account
Halifax have announced they will again offer an overdraft of up to £3,000 with the student accounts for the next academic year.
Last year, Halifax's overdraft was the largest offered on an account the bank says is 'designed by students for students'.
It is the largest again this year of the three banks to announce their student accounts.
Not everyone is guaranteed to receive the £3,000 limit, but the least amount to be offered to anyone accepted for an account will be £1,000.
The bank claims it decided to offer such a limit as research showed students wanted "flexibility" most.
Of the accounts announced, the average overdraft offered is £1,500 for years one to three of study, increasing to £2,000 in year four and beyond.
(MH/JP)
Last year, Halifax's overdraft was the largest offered on an account the bank says is 'designed by students for students'.
It is the largest again this year of the three banks to announce their student accounts.
Not everyone is guaranteed to receive the £3,000 limit, but the least amount to be offered to anyone accepted for an account will be £1,000.
The bank claims it decided to offer such a limit as research showed students wanted "flexibility" most.
Of the accounts announced, the average overdraft offered is £1,500 for years one to three of study, increasing to £2,000 in year four and beyond.
(MH/JP)
Related UK National News Stories
Click here for the latest headlines.
27 June 2012
Eight-Figure Fine Slapped On Barclays Bank
Barclays Bank has been fined a record eight-figure sum for trying to manipulate banks' lending rates. The Financial Services Authority (FSA) slapped the £59.5m penalty on the institution for "serious and widespread misconduct".
Eight-Figure Fine Slapped On Barclays Bank
Barclays Bank has been fined a record eight-figure sum for trying to manipulate banks' lending rates. The Financial Services Authority (FSA) slapped the £59.5m penalty on the institution for "serious and widespread misconduct".
11 April 2013
Post Office To Launch Current Account
Following a regulator’s claim that consumers are not offered much choice in the UK’s banking market, the Post Office has announced it will launch its own current account. The new account will be provided by Bank of Ireland and is expected to be fully launched in 2014, although some areas will be offered the account within a few weeks.
Post Office To Launch Current Account
Following a regulator’s claim that consumers are not offered much choice in the UK’s banking market, the Post Office has announced it will launch its own current account. The new account will be provided by Bank of Ireland and is expected to be fully launched in 2014, although some areas will be offered the account within a few weeks.
18 September 2012
Co-Op Urge More Banks To Help Bankrupt Customers
The managing director of the Co-Operative’s retail banking has blamed other banks' unwillingness to offer services to bankrupt customers for its decision to end it own services. Co-operative Bank decided to stop offering basic banking services to new customers who are undischarged bankrupts.
Co-Op Urge More Banks To Help Bankrupt Customers
The managing director of the Co-Operative’s retail banking has blamed other banks' unwillingness to offer services to bankrupt customers for its decision to end it own services. Co-operative Bank decided to stop offering basic banking services to new customers who are undischarged bankrupts.
20 February 2015
Student Donates £42,000 To Homeless Charity
A 22-year-old student has raised more than £40,000 for a homeless charity after a homeless man offered her money for a taxi home. Dominique Harrison-Bentzen was trying to make her way home following a night out in Preston when she discovered she had lost her bank card.
Student Donates £42,000 To Homeless Charity
A 22-year-old student has raised more than £40,000 for a homeless charity after a homeless man offered her money for a taxi home. Dominique Harrison-Bentzen was trying to make her way home following a night out in Preston when she discovered she had lost her bank card.
26 June 2014
£10k Reward Offered In Student Murder Case
Crimestoppers has offered a reward of £10,000 for information which will lead to the arrest and conviction of the person, or persons, responsible for the murder of Nahid Almanea. Ms Almanea, 31, was stabbed to death on 17 June as she walked along the Salary Brook Trail footpath in Colchester, Essex.
£10k Reward Offered In Student Murder Case
Crimestoppers has offered a reward of £10,000 for information which will lead to the arrest and conviction of the person, or persons, responsible for the murder of Nahid Almanea. Ms Almanea, 31, was stabbed to death on 17 June as she walked along the Salary Brook Trail footpath in Colchester, Essex.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
