Banking

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% 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 with a different bank.

Part-time students don't normally qualify for a student bank account, but having a standard current account will make it easier to manage your money, including making payments, using cash machines, setting up direct debits and – subject to status – will provide you with a debit card and overdraft facilities.
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.

Read the student-focused money information and tips at moneysavingexpert.com and the Money Advice Service.

If you need any help or advice, email us at studentservices@plymouth.ac.uk or call on +44 1752 587676.