Student bank accounts give you access to various benefits which are not available through ordinary bank accounts. These benefits will vary from bank to bank so it is a good idea to shop around and see which student account is the best one for you. You can compare information about the student accounts that are on offer with the main high street banks on various comparison websites and you can also visit the individual banks’ websites for up to date information.
You will incur bank charges if you exceed your overdraft facility without first seeking authorisation from your bank. This is called unauthorised spending and the rate you are charged will vary from bank to bank. It is a good idea to compare the different bank charges that are being applied at the time of opening your account.
Incentives and Benefits
What you need to open a Student Bank Account
- personal identification such as your passport or driving licence
- proof of your current UK address such as your driving licence (if not already used to verify your identity), a utility bill or a bank statement
- proof of your student status, such as your UCAS log-in details, student ID card, student finance letter or university letter confirming your enrolment.
Terms and conditions
Banks on Campus
Barclays is open on Mondays, Thursdays and Fridays from 9.30 – 16.30. Information on student accounts can be accessed on their external website www.barclays.co.uk/personalbanking or telephone 0345 734 5345.
Santander is open on Mondays, Tuesdays, Thursdays and Fridays from 10.00 – 18.00 and Wednesdays from 10.00 – 17.00. Information on student accounts can be accessed on their external website: www.santander.co.uk or telephone 0800 030 4321.
Other Banks offering Student Accounts (with their nearest branch if applicable)
6 Warwick Row, Coventry, CV1 1EE or telephone 0247 625 1685
22 High Street, Coventry, CV1 5QX or telephone 0345 600 3934.
55 Corporation Street, Coventry, CV1 1GX or telephone 0345 740 4404
31 Earlsdon Street, Coventry, CV5 6EN or telephone 0345 300 0000
36 Earlsdon Street, Coventry, CV5 6EJ or telephone 0345 788 8444
15, Little Park Street, Coventry, CV1 2RN or 024 765 53321
On line applications or telephone 0345 721 2212
Please note that this list may not be exhaustive and we always recommend that you do your own research too.
This is an easy way of checking your statements and keeping an eye on your spending pattern and bank balance. It can also help you to see exactly what is going on in your account. If you are experiencing financial difficulties, your bank will be happy to discuss these with you and speaking to a Student Adviser might be helpful in these circumstances. Internet banking is also a quick and easy way to make sure you have sufficient funds in your account to cover any direct debits that are due to be paid. If you have insufficient funds in your account to meet a payment, you can avoid high charges by cancelling the direct debit with the bank at least 3 days before the payment date is due.