As you will have read in ‘Student Bank Accounts Explained’ it can be hugely beneficial to open a student bank, but the tricky part is choosing which one. It is important to remember, these banks want you! Soon you will be graduates, and graduates have a higher average salary than most and so you are just what the banks are looking for. Therefore, the power is in your hands to choose, and hopefully this unbiased student guide to banks will help you easily compare the difference between what each bank has to offer.
The Co-operative bank
Choose what suits you!
So in conclusion a lot of the offers seem to be very similar, and which one you choose depends on what you are looking for (and what your credit score is!). If you have a poor credit score, then we would recommend going with one of the banks which have a lower limit to the overdraft, but a higher chance of getting an increase on your overdraft such as The Co-operative Bank. If you don’t mind the hassle of applying for higher overdraft limits, then go for one which has a high limit but no guarantee. Or if you are a fickle thing, then grab the freebie and run!
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