HSBC Student Bank Accounts
HSBC Bank has been around for years and offers a student bank account and looks to be one of the best around if you are after initial free offers but their standing banking offer is good as well. Worth a look.
The HSBC Student Bank Account
The HSBC student bank account works operates like any normal banking account and has a great deal of discounts and offers to entice you to use their banking services. The full details of their current offer are as follows:
- Interest free overdraft of up to £2,000
- 2% AER on credit balances in your first year
- Two years global travel insurance (great if your gap year is in year 2)
- Free £5 SIM card
- Discounts on Lonely Planet guides, Dell computers and CDWOW
- Includes HSBC international debit card
- 0% AER credit interest on money in your account
- Easy access through HSBC’s branches and cash machine network.
- unlimited online and telephone banking - for 24-hour access to your bank account
The HSBC Graduate Account
The HSBC graduate account is for people who have just left university and to help them on their way and includes an interest free overdraft of up to £3,000 although they want you to pay them £7 per month for the privilege. The full details are as follows:
- Interest free overdraft of £1,500 on opening
- Identity theft Insurance
- Loans of up to £25,000 at preferential rates payable over 8 years
- Includes HSBC debit card
- 0% AER credit interest on money in your account for HSBC University Accounts
- Easy access through HSBC’s branches and cash machine network.
- unlimited online and telephone banking - for 24-hour access to your bank account
These are reasonable accounts and the one big bonus is the fee free overdraft of up to £2,000 although other banks offer better deals.