Santander UK

September 09, 2010 12:23 ET

Studying Made Easier With Santander Student Account

- Interest-free overdraft of up to GBP 2,000 (1)

- Free mobile, gadget and laptop cover worth over GBP 240 per year

- One of the best in-credit interest rates in the market

- And chance to win GBP 50 every hour with Santander Facebook prize draw

BRADFORD, UNITED KINGDOM--(Marketwire - Sept. 9, 2010) - Santander is offering a fantastic Student Current Account to university students starting – or returning to – higher education this autumn. Understanding how important it is for students to be able to manage their finances during their time at university, the Santander Student Current Account offers some great additional benefits along with highly competitive rates.

The Santander Student Account offers an interest-free overdraft of up to £2,000, with £1,000 interest-free in the first year which increases each year after that. It also pays an in-credit interest of 2 per cent on balances of up to £500, one of the best in-credit interest rates currently in the market. This provides additional support to students during the times when they have money coming in and are in credit.

This bank account also offers free mobile phone, gadget and laptop insurance which are available for up to three years and worth over £240 a year. All students need to do to keep these great benefits is credit their account with at least £500 each term. The Santander Student Account is also being supported with a competition through Facebook where £50 is being given away every hour for a month. 

Commenting, Helen Bierton, Head of Santander Current Accounts, said: "Santander's Student Current Account is designed to offer students the support they need from their bank throughout their time at university. Offering an interest-free overdraft of up to £2,000, free mobile, gadget and laptop cover, and one of the best in-credit interest rates in the market, demonstrates how committed we are to helping students manage their finances as effectively as possible."

Students can find out more, and have the chance to win £50 every hour, by visiting facebook.com/santanderstudents which has been launched to support the new Santander student offering. The draw, which has been running since August and runs until 22 September 2010, has already announced over 270 winners, accounting for £13,000 of the total £36,000 prize fund – so there are still plenty of opportunities to win.

For details of the £50 prize draw visit us on Facebook or YouTube.

For more information on Santander bank accounts, savings accounts, mortgages or loans log on to http://products.santander.co.uk/ or visit your local Santander or Alliance & Leicester branch.

The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions.

Notes to Editors

(1) The Santander Student Current Account offers £1,000 interest-free overdraft in the first year and increases each year after that, up to £2,000

Contact Information

  • Media Enquiries
    Santander UK
    Nicola Hussey
    020 775 64209