If you're a full-time student
- You can open a student bank account before you start university as most banks will accept your conditional offer letter.
- Shop around for the best offers but don’t make a decision based on the freebies alone. Look at the long-term benefits, such as a 0 per cent overdraft - if you've worked out your budget and stick to it then you won’t need the overdraft, but it may be reassuring to know it’s there.
- When you open your bank account, think about online banking using a secure website operated by the bank as this may make accessing your account, making payments and moving your money around easier.
- If you have a bank account already, then look into changing your account as you may get a better deal.