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Compare  Student Current Accounts


1|2|3 Student Current Account - Student 16-25 Railcard
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Four year 16-25 Railcard

Up to 15% cashback with select High Street retailers

Free Overdraft Amount
Up to £2,000 interest and fee-free arranged overdraft
Interest Rate (AER)

3% interest AER/2.96% gross (variable) on balances from £300-£2,000. Overdraft - Up to £2,000 interest and fee-free arranged overdraft (up to £1,500 in first 3 yrs and up to £2,000 in 4-5 yrs).You pay in at least £500 per academic term. You’re studying or are about to begin an undergraduate course that is at least 2 years in length, or level 4 to 7 apprenticeship.

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    If you’re currently in full time education as a university student, there are often several benefits you can make the most of such as discounts, rewards and freebies. In terms of personal finance, there are current accounts that are specially designed for students to help them deal with their finances while studying.

    Student accounts often come with certain perks that apply to students, making it easier for them to deal with their finances while also studying a university course.

    What is a student account?

    A student account is simply a standard current account provided by a bank or building society, but with perks available just for students to help them handle their finances while studying. They are exclusively for students and often include an interest-free overdraft facility to assist with living expenses, tuition fees and any other associated costs.

    You might also receive a particular incentive for opening the account that appeals to a student, along with a number of rewards or discounts off everyday expenses, such as a rail card if you need to commute.

    What is the best student account available?

    Since many student accounts are quite similar, it’s worth comparing them in terms of the perks you get and the additional features you are entitled to as the account holder. They include:

    • Interest-free overdraft – the most important aspect of a student account is perhaps the limit and length of your interest-free overdraft. Just beware that your large overdraft will still need to be repaid when you stop being a student!
    • Freebies – banks will often throw in freebies such as an Amazon gift card, or even free subscriptions to services such as Apple Music or Spotify
    • Discount cards – you might also be entitled to discount cards such as NUS Extra, but you can also get travel cards such as a railcard or National Express card. These will come in very handy if you’re going to university far away from home

    Can I get a student account?

    Whilst you obviously need to be in education to apply for a student account, different account providers will have their own rules for who can apply.

    Some banks require you to be a university student enrolled in a full time course only. That means if you’re studying part time, unfortunately you won’t be eligible to apply for student account. However, there are some who will accept full-time and part-time students, so it’s definitely worth checking before you apply.

    Our current account providers

    We work with a huge range of providers to give you a wide selection of current accounts to choose from, ensuring you can find an account that will assist you in managing your money.

    Each provider is screened to make sure they meet our high standards before we agree to work with them. This ensures that you can trust them as much as we do, allowing you to find the best product from a reputable source.

    We have a wide range of current accounts from high street banks with thousands of branches to smaller challenger banks whose app-based current accounts can be accessed quickly and easily.

    Whether you are looking to switch to a standard current account, or find a student account with a free overdraft, you can easily browse our products and start comparing them today.

    Have a look through our list of providers to find the right current account for you.

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