Student Bank Accounts
| Rank | Bank | Max Overdraft | Incentives & Freebies | Overdraft Charges | Other Catches |
|---|---|---|---|---|---|
| 1 |  Co-Operative | £2000 | None | 18.9% | Must deposit £300 when opening |
| 2 |  Halifax/HBOS | £3000 | None | 24.2% + £28 a month | The overdraft is not guaranteed. |
| 3 |  Santander | £1500 | £50 Bonus | £5 a day | Worst unauthorised overdraft bank charge. |
| 4 |  Royal Bank of Scotland | £1,500 | Free Travel Card (Existing customers) | £6 a day. | Needs frequent use and deposits every 6 months. |
| 5 |  Natwest | £1,500 | 16-25 Railcard (Existing customers) | £6 a day. | Freebie only for current customers. |
| 6 |  HSBC | £3000 | £15 per item | Difficult to achieve maximum overdraft amount | |
| 7 |  Lloyds TSB | £1500 | Free NUS extra card. | 8.2% + £15 a month | Only best for 5 year courses. |
| 8 |  Barclays | £2000 | Deals with Phones4u. | £22 every 5 days until credited. | Can be hard to increase overdraft |
Source:
