STUDENT CURRENT ACCOUNT

Student Current Account. Awesome if you’re going places.

Put opening a Halifax Student Current Account at the top of your uni to-do list.

Available if you’re aged 18 or over, and on a degree course or equivalent full time education.

Here's what you get:

  • An interest-free planned overdraft for the length of your course plus an extra year after you graduate, up to a maximum of 6 years. (Overdrafts are repayable on demand and subject to status)
  • Go contactless with your Visa debit card
  • Manage your money 24/7 online, by phone or in branch
  • Stay in the know with free mobile text alerts for balances, limit and overseas transaction alerts
  • Earn when you spend once registered for Online Banking and you’ve activated Cashback Extras.

Representative example:

So, if you use a planned overdraft of £1,200 the interest rate we charge will be 0% EAR variable.

Make an appointment at one of our branches to apply for this account

Find my local branch

Don’t forget: please bring the following with you so we can verify who you are:

  • Your UCAS confirmation (original or a print out)
  • Proof of ID, such us a current passport or DVLA driving licence (full or provisional).

A few facts about this account

  • No monthly account fee
  • An interest free overdraft
  • Earn credit interest on any credit balance 0.10%AER (0.10% gross) variable. Interest is paid monthly.

For more information and terms & conditions for this current account read the Student Current Account Getting Started Guide (PDF).

We’re making some important changes to our bank account terms and conditions. These changes will take effect from 2nd September 2016, unless stated otherwise. Please read the Guide to Changes section of the Getting Started Guide for more detail.

What’s an overdraft?

An overdraft is a type of borrowing facility, it lets you borrow money through your bank account. Typically used for: an unexpected bill or an emergency expense, it's a convenient way of accessing extra money when you need it quickly.

Am I eligible for an overdraft?

You need to be aged 18 or over to apply for an overdraft. You can request an overdraft during your application for the Student Current Account.

How much overdraft do I get with the Student Current Account?

  • You can get an interest free overdraft for the length of your course, and up to a year after you graduate (subject to status).
  • The amount of overdraft you get depends on your circumstances and you’ll need to be 18 or over and live in the UK.
  • Overdrafts are repayable on demand.

What interest fees are charged on overdrawn balances?

See the Student Current Account debit interest and other fees for more information.

Confused by some of the overdraft jargon?

Take a look at our glossary to help understand some of the common terms used when talking about overdrafts.

If you’re moving use our branch finder to locate your nearest branch. Also make sure you let us know your new address if you already hold any account with us.

We’re here to help right the way through your studies and when you graduate you’ll get the same offers and features of this account for up to a year. After, we’ll move you over to our Reward Current Account. But don't worry, we’ll write to give you two months' notice before your account changes.

 

We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and hassle-free way. It will only take seven working days. As your new current-account provider we offer the following guarantee.

  • The service is free to use and you can choose and agree your switch date with us.
  • We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary).
  • If you have money in your old account, we will transfer it to your new account on your switch date.
  • For 36 months, we will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.
  • If there are any issues in making the switch, we will contact you before your switch date.
  • If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges made on either your old or new current accounts as a result of this failure.

For more information and FAQs, please read the Account Switching Guide (PDF).


Current Account Switch Service

For more information and FAQs, please read the Account Switching Guide (PDF).

Halifax bank accounts and services are subject to status.

EAR is the equivalent annual rate. This is the actual annual interest rate of an overdraft. It doesn’t take into account fees and charges.

AER stands for annual equivalent rate and shows what the interest rate would be if interest were paid and compounded each year. In other words you earn interest on the interest you leave in your account.

Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HMRC.