New Student Account Introduced

Published: 7/27/2010

The Halifax is weighing in to the student bank account market with an offer that includes a GBP3,000 interest free overdraft, reduced cost card insurance and discounted AA membership.

An important aspect of this offer from the Halifax is that the overdraft is valid for up to five years, giving students a full year after graduation to find employment and be in a position to pay off the borrowing. Account holders will also find that, should they be in credit on their account the Halifax will even pay them interest of two percent.

Management of the Halifax student account can be done through branch, phone or online, making it easy for students to access and manage their finances at any time.