From overdrafts and mobile apps to cashback sites, there are a range of ways for students to ensure they remain in the black
As thousands of students prepare for university, a host of freedoms lie in front of them. Living away from home, coming back in the early hours and lazy afternoons in front of the TV all await – as does managing money to pay for everyday life. But this last freedom can be fraught with problems: research from comparison site MoneySupermarket reports that students often spend more than their student loan, by almost £150 each term.
So with banks eager to get students’ grant checks and hopefully sign them up as customers for life, what are the best bank accounts and what should they be aware of?