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Open a Student Account with us between 1st August and 31st October and pay in £500 before the end of October 2024 and we'll put £110 into your account in November.
You’ll get access to features, benefits and more from the day you start until you graduate - to whatever steps you take next.
We may change, replace or withdraw this offer at any time. Before you apply, it's important you read the Full terms and conditions (PDF, 127 KB)
If you are an international student, you might want to take a look at our other accounts.
Whether it's the weekly shop, popping out for lunch or hitting the high street, Cashback Extras makes it easy to earn up to 15% cashback. The offers you get will come from places you might like to try, as well as places where you already shop. The retailers above are just some of the offers you may receive, retailer offers and cashback amounts vary.
Struggling to save? Save the Change® can help your pennies turn into pounds. Switch it on and whenever you buy something with your Halifax debit card, we’ll round up your transaction to the nearest pound and put the difference in a nominated Halifax savings account.
For example, if your coffee cost £2.20, we’ll transfer 80p from your current account into your savings account. It’s a smart feature that helps turn leftover change into bigger savings.
Your balance |
AERAERAER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account which shows an interest rate, you will see the AER. This means you can use the AER to compare accounts. It shows what the interest rate would be if your interest was paid and compounded once each year. % |
GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. Depending on your personal circumstances, you may need to pay tax on the interest you earn and it will be your responsibility to pay any tax you may owe to HM Revenue and Customs (HMRC). % |
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Your balance£0.01 and above |
AERAERAER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account which shows an interest rate, you will see the AER. This means you can use the AER to compare accounts. It shows what the interest rate would be if your interest was paid and compounded once each year. %0.50 |
GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. Depending on your personal circumstances, you may need to pay tax on the interest you earn and it will be your responsibility to pay any tax you may owe to HM Revenue and Customs (HMRC). %0.50 |
You could earn 0.50% AER (0.50% gross p.a.) variable credit interest on any balance of £0.01 and above.
For example, when you have £1 in your account, you could earn interest of 0.50% AER (0.50% gross p.a.) variable on £1.00.
When is the credit interest paid?
The credit interest earned will be paid into your Student Current Account on a monthly basis.
If you do not earn the credit interest, you won't receive payment the following calendar month.
If you have not been a resident in the UK for at least three years, you will not be able to apply for a Student Current Account.
Instead, you might want to take a look at our other accounts.
If you are given an arranged overdraft limit higher than the interest free amount, you will be charged interest on any borrowing over and above the interest free amount.
When you’re at university or college, sometimes you need the flexibility of extra money to help tide you over. Student arranged overdrafts can be a short term safety net when you need to borrow some money. With our student current account, you can apply for an interest-free arranged overdraft of up to £1,500.
Like all forms of arranged overdrafts you’ll need to pay it back at some point, but don’t worry we’ll help you keep on top of your spending with mobile alerts to tell you when you’re over your limit. Plus when you graduate, you can keep the account with the same offers and features for up to 3 years after you graduate.
Apply for a student account, and we’ll tell you what arranged overdraft we can give you during your application.
All overdrafts are subject to our assessment of your circumstances and are repayable on demand, including any interest.
How does our overdraft compare?
You can use the representative APR to compare with other products or credit providers, this can help you make sure that you choose the right type of borrowing for you.
How much does my arranged overdraft cost in pounds and pence?
As an example, the interest cost of borrowing £500 is:
If you don’t have enough money in your account or available arranged overdraft to make a payment, we may either let you borrow through an unarranged overdraft or refuse to make the payment. Missing payments and using an unarranged overdraft can damage your credit score, please get in touch with us as we may be able to help you.
All overdrafts are subject to application and approval and are repayable on demand. You must be 18 or over to apply. Arranged overdraft limits and interest rates vary based on your individual circumstances.
*EAR is the Equivalent Annual Rate. This is the annual interest rate of an overdraft. This means you are charged over the year based on how often and how much you are overdrawn by, and the effect of compounding it – charging interest on interest already charged. This interest rate does not include any other fees and charges.
You can apply to extend it online, just sign in to your Online Banking and complete the application form.
Find out more about arranged overdrafts
If you already have a current account with us and would like an arranged overdraft, you can apply for one through Online Banking or Mobile Banking. You can also apply to increase your existing arranged overdraft too.
It’s a specially made bank account made for anyone in higher education. Whether you’re studying at university or full-time on an equivalent course of further education, a student account can help you easily manage your money.
We understand the needs you have when studying. That’s why we offer an interest-free overdraft to help you have financial safety net. You’ll also discover helpful features like cashback at some of your favourite retailers, Save the Change and more.
You’ll still get the same features and offers of this account for up to 3 years.
After 3 years, we’ll move you to our Current Account. We’ll also contact you 2 months before your account changes to let you know.
If you’re moving house, please let us know your new address. You can also find your nearest branch if you’d prefer to let us know in person.
For nursing and midwifery, a NMAS letter is accepted.
If you haven’t applied through UCAS, the original university offer letter on headed paper may be accepted. It needs to include:
You can do this. You’ll just need to select the ‘I’m already a Halifax customer’ option above and make sure you know your 4-digit UCAS code. Once you have changed your account, your sort code and account number will stay the same and you’ll also keep the same debit card.
If you have a Halifax Student Account already, and continue straight onto a Masters Degree or PhD, you can extend your existing Student Account and hold it for a maximum of 6 years whilst you study.
If you don’t have a Halifax Student Account, and are starting a Masters Degree, then you can open a new Student Account if you are 18 or over, have been a resident in the UK for at least three years and are on a degree course or equivalent full time education.
Yes, as long as you meet the standard criteria: you are 18 or over, have been a resident in the UK for at least three years and are on a degree course or equivalent full time education.
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 stress-free way. It will only take seven working days. As your new current-account provider we offer the following guarantee.
For more information and FAQs, please read the Account Switching Guide (PDF, 1.68 MB).
Find out how fraud can harm you and what you can do to stop it:
For more information and terms & conditions for this current account read the Bank Account Getting Started Guide (PDF, 1.07 MB).
Introducing 18-25 Investing, our free investment account for young investors - the ideal companion for students aspiring to smash their financial goals. Enjoy an account with no admin fees and take advantage of free regular investing, so even more of your money can go into your investments!
Please remember that the value of investments and the income from them can fall as well as rise, and you may get back less than you invest.
Halifax current accounts and services are offered subject to status. Available only to personal customers aged 18 or over who are resident in the UK.
Whether you can have an arranged overdraft and the amount will depend upon your personal circumstances at the time you apply for one. Any overdraft we agree is repayable on demand.
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