You’ve made it into uni? Great. You’ve got past the first hurdle; now it’s time to look at some ways you can stay on top of your money while your head’s in your books. Here are some tips on how to budget while you’re in full-time education.

Opening a student account

There’ll be some things you’ll want to sort out before your first day at university. You’ll want new stationery, new pots and pans, new bedding and a student account.

Student accounts are like standard accounts, but they sometimes come with interest-free overdrafts and freebies like railcards. An interest-free overdraft means you pay back no more than you borrow but you should always check how long an overdraft will stay interest-free and what the charges are after that changes.

Your credit score can determine how much overdraft you’ll be offered, so it’ll help to know your score and take steps to improve it.

It’s good to have a look around at different banks to make sure you’re happy with the features that’ll come with your new account take a look at our student account for starters.Continue reading→