The Santander student current account offers some attractive features for students, including discounts on rail fares and an overdraft facility¹.
Does Santander offer student accounts?
Student Value Checking is a checking account for students age 14 through 25 years old (legal guardian co-owner required for those between 14 -18 years). Note: Once the student reaches age 26, the account may be converted to another checking product. …
Are Santander student accounts free?
There is no monthly fee for maintaining the account. To remain eligible for the interest-free and fee-free Arranged Overdraft, railcard and credit interest, you must pay money into your 1I2I3 Student Current Account with a minimum of £500 each academic term.
Is Santander a good bank for students?
Santander. Santander has always been one of the most popular banks in the world. One of the banks that has been there for students through the years and is one of the most popular banks for people looking for student accounts. Santander student accounts have long been one of the most popular ones to look into.
Does Santander have Zelle?
It’s easy—Zelle® is already available within the Santander Bank, N.A. Mobile Banking App! Check our app and follow a few simple steps to enroll with Zelle® today. … Zelle® does not accept debit cards associated with international deposit accounts or any credit cards.
What happens to my Santander student account when I graduate?
When you graduate, your 1I2I3 Student or 1I2I3 Postgraduate Current Account will automatically transfer to a 1I2I3 Graduate Current Account. For any 1I2I3 Graduate Current Account opened on or after 26 June 2017, the account will last up to 2 years before it automatically transfers to an appropriate current account.
Does Santander student overdraft affect credit score?
Does a student overdraft affect credit score. For the most part an overdraft will not affect your credit score. An overdraft is part of your current account which credit bureaus have little interest in. They are much more interested in your credit history and how you behave with borrowed money.
Can you have 2 student bank accounts?
Although you can have multiple current accounts or savings accounts, usually a condition of receiving the perks of a student account is that you pay your student loan into that account. Banks regularly check to see that this is happening. For that reason, you’re unlikely to be allowed more than one student account.
How long is Santander student overdraft?
Both Save the Student and MoneySavingExpert.com highlight Santander’s 123 Graduate current account, which comes with an interest-free and fee-free arranged overdraft of up to £2,000 for three years.
Is Santander a good bank?
Overall bank rating
The bottom line: Santander Bank has thousands of ATMs and hundreds of branches, mostly across the Northeast. It charges monthly fees for its checking and savings accounts, but those fees are easy to waive. Just watch out for low interest rates and high overdraft fees.
Is a student bank account necessary?
It’s not compulsory to have a student account if you’re going to uni, but if you’d like to open one, the two UCAS status codes we’ve sent you may make it quicker. … If you do already have an account with that bank or building society, they may be able to upgrade it to a student account.