Company

Credit
Interest

Interest Free
O/D
per year

Auth
Fees

Unauth
Fees

Abbey The Abbey Account (Student)
Authorised Overdraft: 9.9% APR (0.79% pm) - £1
Unauthorised Overdraft: 28.7% APR (2.12% pm) - £1
After Graduation: Transferred to Graduate account

1.49%

Year 1  £1000
Year 2  £1250
Year 3  £1500
Year 4+  £1800

Nil

£20 state perd

Barclays Bank Student Additions
Authorised Overdraft: 8.9% EAR (0.72% pm) - £1 to £3K
Unauthorised Overdraft: 27.5% EAR (2.05% pm) - £1
After Graduation: Transfer by 2 years after completion of studies
Incentive: 6 free cinema tickets increasing to 12 if opened at the same time as a Student Barclaycard

0.10%

Year 1  up to £1000
Year 2  up to £1250
Year 3  up to £1500
Year 4  up to £1750
Year 5  up to £2000

Nil

Nil

Clydesdale Bank Student Account
Authorised Overdraft: Year 1: 7.49% EAR (0.60% pm) - £1 to £1K. Year 2 onwards: 7.49% EAR (0.60% pm) - £1 to £3K
Unauthorised Overdraft: 29.99% EAR (2.21% pm) - £1
After Graduation: Transfer by 6 months after graduation

3.25%

None

Nil

Nil

Co-operative Bank Student
Authorised Overdraft: 9.79% EAR (0.78% pm) - £1
Unauthorised Overdraft: 32.92% EAR (2.40% pm) - £1
After Graduation: Transfer by 12 months after graduation

-

Year 1  £1400
Year 2  £1700
Year 3  £2000

Nil

Nil

HSBC Student Service
Authorised Overdraft: 3.0% ABR - £1
After Graduation: Transferred to Graduate account

0.10%

Year 1  up to £1000
Year 2  up to £1250
Year 3  up to £1500
Year 4  up to £1750
Year 5+  up to £2000

Nil

-

Halifax Student
Authorised Overdraft: 7.2% EAR (0.58% pm) - £1
Unauthorised Overdraft: 24.2% EAR (1.82% pm) - £1
After Graduation: Transfer by 12 months after graduation
Incentive: Discounts on Halifax World Explorer Travel insurance, AA breakdown and Cardcare cover

2.00%

Year 1  up to £2750
Year 2  up to £2750
Year 3  up to £2750
Year 4  up to £2750
Year 5  up to £2750

Nil

£28 pm

Lloyds TSB Student
Authorised Overdraft: 8.2% EAR (0.66% pm) - £1
Unauthorised Overdraft: 29.8% EAR (2.20% pm) - £1
After Graduation: Transfer by 30 September after graduation
Incentive: £25 within 28 days of account opening. Further £50 credited if account doesn't go overdrawn and 3 credits are paid into the account by 30.6.08. Free NUS Extra card (worth £10).

0.10%

Year 1  £1500
Year 2  £1500
Year 3  £1500
Year 4  £2000
Year 5  £2000
Year 6  £2000

Nil

£30 per day
(max £90 per charging period)

NatWest Student
Account Authorised Overdraft: 0.0% EAR (0.00% pm) - £1
Unauthorised Overdraft: 17.81% EAR (1.38% pm) - £1
After Graduation: Transferred to Graduate account
Incentive: 5 Year Young Persons Rail Card (worth £100) and students applying online before 31.10.07 receive free Microsoft Windows Live Messenger webcam and microphone

0.10%

Year 1  up to £1250
Year 2  up to £1400
Year 3  up to £1600
Year 4  up to £1800
Year 5  up to £2000

Nil

Nil

Royal Bank of Scotland Student Royalties
Unauthorised Overdraft: 29.84% EAR (2.20% pm) - £1
After Graduation: Transfer by 12 months after graduation
Incentive: Free webcam with online applications. Discounts on shopping, entertainment and selected holidays

2.00%

Year 1  up to £2500
Year 2  up to £2500
Year 3  up to £2500
Year 4  up to £2500
Year 5  up to £2500

-

£10 pm

Smile Student Account
Authorised Overdraft: Negotiable - £1 to £2K
Unauthorised Overdraft: 25.0% EAR (1.8775% pm) - £1
After Graduation: Transfer by 4 years from account opening

3.00%

Year 1  £1000
Year 2  £1400
Year 3  £1800
Year 4  £2000

Nil

£5 pm

Yorkshire Bank Student Account
Authorised Overdraft: Year 1: 7.49% EAR (0.60% pm) - £1 to £1K. Year 2 onwards: 7.49% EAR (0.60% pm) - £1 to £3K
Unauthorised Overdraft: 29.99% EAR (2.21% pm) - £1
After Graduation: Transfer by 6 months after graduation

3.25%

None

Nil

Nil

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